AGM Statement

 

TIDMSTT 
 
RNS Number : 0803T 
Straight PLC 
01 June 2009 
 

Date: 1 June 2009 
On behalf of:    Straight plc ("Straight" or "the Group") 
For immediate release 
 
 
Straight plc 
AGM Statement 
 
 
Straight Plc (AIM: STT) the recycling products and services group, will be 
holding its Annual General Meeting today at 12 noon. In his address to 
shareholders, James Newman, Chairman, will update shareholders as follows: 
 
 
"The Board is pleased to announce that the Group's strong trading performance in 
the fourth quarter of 2008 has continued into the start of 2009. 
 
 
"Growth of the Group's core Trade Business has been enhanced by contributions 
from both the Harcostar acquisition, which was announced in January, and 
progress in corporate and overseas markets. 
 
 
"Additionally, the performance of the Group's Retail Business is much 
improved at the start of this year and is currently in line with management 
expectations. 
 
 
"As a result of this encouraging start to the year, the Board is confident of 
meeting half year expectations." 
 
 
The Company will provide a further update on trading for the first half of the 
year ahead of entering its close period at the end of July 2009. 
 
 
-end- 
 
 
For further information, please contact 
 
 
+-----------------------------------------------+---------------------------+ 
| Straight plc                                  |                           | 
+-----------------------------------------------+---------------------------+ 
| James Newman, Chairman                        | 07850 672 727             | 
| Jonathan Straight, Chief Executive            | 0113 245 2244             | 
+-----------------------------------------------+---------------------------+ 
|                                               |                           | 
+-----------------------------------------------+---------------------------+ 
| Panmure Gordon                                |                           | 
+-----------------------------------------------+---------------------------+ 
| Andrew Godber / Katherine Roe                 | 0207 459 3600             | 
+-----------------------------------------------+---------------------------+ 
|                                               |                           | 
+-----------------------------------------------+---------------------------+ 
| Redleaf Communications                        |                           | 
+-----------------------------------------------+---------------------------+ 
| Paul Dulieu / Sam Robbins / Kathryn Hurford   | 0207 566 6700             | 
+-----------------------------------------------+---------------------------+ 
 
 
Notes to Editors 
  *  Straight plc was established in 1993, by Jonathan Straight, to supply container 
  solutions for source separated waste. Initially one man and a desk, the company 
  grew to become the UK's leading supplier of kerbside recycling boxes as well as 
  a key supplier of other types of waste and recycling container solutions. 
  *  Following sustained growth, Straight joined AIM in 2003 with a view to fuelling 
  further growth. 
  *  In 2005, Straight acquired Blackwall Limited, the UK's largest supplier of home 
  composters and water butts. Since integrating the two businesses, Straight now 
  provides a wide range of waste and recycling solutions to local authorities, the 
  waste industry and general businesses. Through the Blackwall brand Straight 
  delivers environmental garden products directly to end users in partnership with 
  local authorities and utilities. 
  *  Further information about the company and its products can be found at: 
  www.straight.co.uk 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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