Pre-close Update
October 01 2007 - 3:02AM
UK Regulatory
RNS Number:8170E
Phoenix IT Group PLC
01 October 2007
Phoenix IT Group plc
Pre-Close Trading Update
Phoenix IT Group plc ('Phoenix' or 'the Company', PNX.L), is pleased to announce
that in the six months ending 30 September 2007 the Group traded in line with
the Board's expectations.
The integration planning in relation to ICM Computer Group plc ('ICM') is coming
to an end and the implementation phase is commencing. Whilst the integration
may cause some short term disruption, the Board remains confident in the
strategic logic of a combination of Phoenix and ICM and continues to expect the
Group to realise the benefits of the integration in the next financial year.
Results for the period ending 30 September 2007 and a detailed update on the
integration process will be announced on 22 November 2007.
Enquiries
Phoenix IT 01604 669 791
Nick Robinson
Jeremy Stafford
David Simpson
Financial Dynamics 020 7831 3113
Harriet Keen
Haya Chelhot
This information is provided by RNS
The company news service from the London Stock Exchange
END
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