Room Service Group PLC
25 January 2002
Room Service Group Plc
Strategy
Following the successful reverse into Cube8 Group Plc earlier this month, the
Board of Room Service Group Plc have conducted a strategic review of the Cube8
portfolio of investments. With the exception of 199,045 Ordinary Shares in
Affinity Internet Holdings Plc, the investments are all in non-quoted companies.
It has been decided to put in place an immediate programme of disposal. This
will be carried out as quickly as is commensurate with the orderly disposal of a
portfolio of unquoted investments.
A decision has been taken to close the loss-making Bluebird Cars car-hire
business at the same time.
Such moves will allow the management of Room Service Group Plc to concentrate
their activities on the development and growth of the profitable core food and
drink delivery business and the associated dry cleaning collection and delivery
service.
This information is provided by RNS
The company news service from the London Stock Exchange