Loqus Holdings plc - Interim Directors’ Statement

On 19 May, Loqus Holdings plc published its Interim Directors’ Statement updating the market on its performance during the third quarter of its financial year ending 30 June 2015.

During the period under review, the financial situation of the Group remained relatively stable and results are in line with those achieved in the same period last year. The announcement also explained that the Group has a number of projects in the pipeline which should help boost its performance in the fourth quarter of its financial year ending 30 June 2015 and thus enable the Group to move close to the targeted forecasts for the year.

In the meantime, the management team continues to actively pursue the Group’s strategy of selling or merging the Loqus Fleet Management business to better capitalise on its leading edge technology.