TIDMCSI

RNS Number : 2937R

Castle Street Investments PLC

26 June 2015

Castle Street Investments plc ('CSI', or the 'Company')

AGM Statement

At today's Annual General Meeting of Castle Street Investments plc (AIM: CSI), Bill Dobbie, the Chairman of the Board, will provide the following update to shareholders:

"The Board are pleased to note that progress continues to be made in closing the various of its liabilities on satisfactory terms, thereby preserving cash for shareholders. Accordingly, the Directors now anticipate that the Company's cash balance at December 2015, net of liabilities, is likely to be in excess of GBP21.5m, an improvement of GBP0.5m on previous estimates. On this basis, estimated net cash balances at the year-end would represent 30.5p per share.

We continue to evaluate acquisition targets in line with our stated investment policy, as an alternative to a cash distribution to shareholders."

For further information please contact:

 
 Castle Street Investments   Tel: +44 (0)131 526 3600 
  plc 
 Bill Dobbie, Chairman 
 Niall Stirling, CFO 
 
 N+1 Singer (Nominated       Tel: +44 (0)207 496 3000 
  Adviser and Broker) 
 Sandy Fraser 
 Jen Boorer 
 Ben Griffiths

Notes to Editors

Further information on the Company can be found at castlestreetinvestments.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

AGMFAMLTMBBTBRA

Corpus Resources (LSE:COR)
Historical Stock Chart
Von Dez 2024 bis Jan 2025 Click Here for more Corpus Resources Charts.
Corpus Resources (LSE:COR)
Historical Stock Chart
Von Jan 2024 bis Jan 2025 Click Here for more Corpus Resources Charts.