Simonds Farsons Cisk plc issued a Company Announcement on 25 July 2007 in compliance with Listing Rules 9.51 and 9.53.
The Directors stated that during the first five months of the Group’s financial year commencing on 1 February 2007, the Group has achieved its performance objectives over the corresponding period in 2006. Furthermore, one of the subsidiary companies has concluded the sale of some properties at a profit which will result in a favourable impact on the financial results for this period. Meanhwhile, during the period under review, the investment programme proceeded on schedule and within budget in line with the Company’s Business Plan.
The Group reported thta no other material events and/or transactions have taken place that would have an impact on the financial position of the Holding Company and its controlled undertakings, such that they would require specific mention, disclosure or announcement pursuant to the applicable Listing Rules.