Tinci Holdings Ltd Result of AGM and Trading Update (7884M)

TIDMTNCI

RNS Number : 7884M

Tinci Holdings Ltd

20 September 2012

Tinci Holdings Limited

the "Company"

Result of Annual General Meeting and Trading Update

The Directors of Tinci Holdings Limited are pleased to announce that, at the Company's Annual General Meeting held earlier today, all resolutions put to the meeting were duly passed.

Trading update

As expected, trading in the first half of 2012 was at a lower level than in the corresponding period in 2011, but good control of costs limited the impact on results. A small loss is expected to be reported when the interim results are released in late September. Early indications are that trading in the second half of 2012 is expected to be somewhat stronger than in the first half, although it is too early to predict the financial results for the full year. However, operating cash flow is expected to be marginally positive for the full year.

Enquiries:

 
 Tinci Holdings Limited 
 David Steeds, Chairman         T: +44 (0)7836 578222 
 Westhouse Securities Limited 
 Martin Davison                 T: +44 (0)20 7601 6100 
  Jonathan Haines

This information is provided by RNS

The company news service from the London Stock Exchange

END

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