Loqus Holdings plc - Interim Directors’ Statement

Thursday, November 19th, 2015

On 19 November, Loqus Holdings plc issued its Interim Directors’ Statement covering the period since the start of its financial year on 1 July 2015.

The Directors confirmed that since its last communication to the market on 2 October 2015, the Company continued to maintain the positive improvement and break-even levels obtained as at the end of its financial year dated 30 June 2015.

The Group remains focused on maximising the operational and financial performance. Moreover, following the signing of a letter of intent for the sale of the fleet management business and the related Intellectual Property Rights (IPR), a due diligence exercise is underway and on successful completion of this exercise, the Company intends to enter into negotiations relating to the sale of such assets.

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