We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Rok | LSE:ROK | London | Ordinary Share | GB00B1WL0527 | ORD 2P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 18.50 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMROK RNS Number : 5903T Rok PLC 30 September 2010 Date: 30 September 2010 On behalf of: Rok plc ("Rok" or "the Company") For immediate release Rok plc Update following completion of Review The Board of Rok plc (LSE: ROK), the maintenance and building services group, today confirms that following the Company's announcements on 11 and 17 August 2010, the Board has now completed its detailed review of the issues concerning the Plumbing, Heating and Electrical (PHE) business. As a result of these full investigations, the Board has concluded that the problems in the ex Avonside PHE business were due to a scaling back of sub-contracting work from the private housing sector and a combination of weak operational, commercial and financial controls within that part of the business. The actions to resolve these issues have already been taken by management. The Board continues to have confidence that the Company will meet market expectations this year. Following the completion of these investigations, the Board has lifted the suspension of the Group Finance Director, Ashley Martin, immediately and without reservation. The Board wishes to emphasize that Ashley has never been accused of wrongdoing nor have our investigations revealed any evidence of any malpractice. The Board finds it regrettable if there has been any damage to Ashley's good reputation by any speculation outside of the Company to the contrary. In view of the above events Ashley has decided to resign as a Director immediately and will leave the business after a short handover period. Stephen Pettit, Chairman, said: "I am pleased that our full review confirmed there are no further issues in our PHE business. The Board would like to take this opportunity to thank Ashley for his dedication, hard work and contribution to Rok over seven years and we wish him well in the future." - ends - Enquiries to: +--------------------------------------+---------------------------+ | Rok plc | www.rokgroup.com | +--------------------------------------+---------------------------+ | Garvis Snook, Group Chief Executive | Via Redleaf | | | garvis.snook@rokgroup.com | +--------------------------------------+---------------------------+ | | | | | | | Redleaf Communications | Tel: 020 7566 | | Emma Kane/Rebecca Sanders-Hewett | 6700 | | | rok@redleafpr.com | +--------------------------------------+---------------------------+ Notes to Editors: ¡ The Group specialises in relationship based provision of building services on a national basis and undertakes maintenance and building improvements, social housing (new build and planned repairs) and construction. ¡ Further information on Rok is available at www.rokgroup.com This information is provided by RNS The company news service from the London Stock Exchange END MSCLIFIAADIIVII
1 Year Rok Plc Chart |
1 Month Rok Plc Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions