Business
Further Response
Further Response.
About this update from Restore Plc
[{"type":"text","content":"\n Radstone Technology PLC\n07 September 2006\n\n\n NOT FOR RELEASE OR DISTRIBUTUTION IN OR INTO AUSTRALIA, CANADA OR JAPAN.\n\n\nFor Immediate Release 07 September 2006\n\n Radstone Technology PLC (\"Radstone\" or the \"Company\")\n\n Further Comment regarding AGM Statement\n\n 'Reject Eurotech's Inadequate Offer'\n\n\nCommenting on Eurotech President Roberto Siagri's response to Radstone's AGM\nStatement Jeff Perrin, Chief Executive of Radstone said:\n\n\"We have noted Roberto Siagri's comments on the Radstone AGM Statement\nconcerning the Radstone order book.\n\nThe Radstone AGM Statement stated that the order book at the end of August 2006\nwas 5% ahead of the same period last year.\n\nThe order book level at the end of August 2006 was £93.4M. Expressed in US$, the\ncurrency in which the majority of Radstone orders are placed, the order book at\nMarch 2006 was $163M and had grown by 9% to $177M in the five months to August\n2006.\n\nIn light of the continued strength of the order book, the Board remains highly\nconfident in the prospects for the Group in the current year and beyond.\n\nWe reiterate that shareholders are strongly advised to take no action\".\n\n\nEnquiries:\n Radstone plc For today: 020 7466 5000\n Jeff Perrin, Chief Executive\n Peter Cavill, Director\n\n Close Brothers Corporate Finance Limited Tel: 020 7655 3100\n Andrew Cunningham\n David Wardrop\n\n JPMorgan Cazenove Tel: 020 7588 2828\n Julian Cazalet\n Shona Graham\n David Harvey-Evers\n\n Buchanan Communications Tel: 020 7466 5000\n Tim Thompson Mob: 07710 718 649\n Nicola Cronk Mob: 07973 313 365\n Susanna Gale\n\nClose Brothers Corporate Finance Limited, which is regulated by The Financial\nServices Authority Limited in the United Kingdom, is acting for Radstone and no\none else in connection with this matter and will not be responsible to anyone\nother than Radstone for providing the protections afforded to customers of Close\nBrothers Corporate Finance Limited nor for providing advice in relation to this\nmatter.\n\nJPMorgan Cazenove, which is regulated by The Financial Services Authority\nLimited in the United Kingdom, is acting for Radstone and no one else in\nconnection with this matter and will not be responsible to anyone other than\nRadstone for providing the protections afforded to customers of JPMorgan\nCazenove nor for providing advice in...