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VOC Vision OP China

0.115
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vision OP China LSE:VOC London Ordinary Share GG00B28DJ748 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.115 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Trading update

04/07/2003 8:00am

UK Regulatory


RNS Number:1626N
Vocalis Group PLC
04 July 2003

Vocalis Group plc

Trading update

Vocalis has continued to transform itself from being a technology development
company to a business solutions provider to the UK Contact Centre market. This
strategy has resulted in the successful implementation and delivery of our
customer projects, within time scales and budget, and has provided the Group
with strong UK reference sites at major and respected companies in the utilities
and financial services sectors. In addition, Vocalis has been able to build a
significantly stronger order pipeline than in previous years.

However, market conditions have been and remain extremely challenging. As a
result of this, and combined with the relatively small size of Vocalis and its
financial position, no material new orders have been secured since 31 March
2003.

As at 30 June 2003, the Group had cash balances of approximately #1.1 million
and a cash burn of approximately #375,000 per month. As a consequence, the
Directors are currently pursuing a number of strategic options available to the
Group.

A further announcement will be made in due course.



Enquiries:
Vocalis Group plc                          020 7588 4000 (on Friday 4 July 2003)
Paul Wright, Chief Executive               01223 846177 thereafter

Credit Lyonnais Securities                 020 7588 4000
Simon Bennett

Chris Crawford



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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