April 6, 2009
eg solutions plc (LSE-AIM: EGS), the operations management software vendor, notes the sharp increase in its share price today, Monday 6 April 2009. The Board knows of no reason why the share price should have increased so much as a result of today’s trading.
Elizabeth Gooch, Chief Executive Officer, commented:
“In our recent final results announcement, although we incurred a loss, we re-iterated that our pipeline of potential sales was stronger than at any time in the past 24 months. Our focus continues to be on converting this potential into signed contracts. We also stated that our net cash deposits had increased since the year-end which, together with a bank facility for the forthcoming year, provides adequate financing for the foreseeable future.”
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CONTACTS
eg solutions plc
Elizabeth Gooch, Chief Executive Officer
Tel + (0) 1785 715772
Bankside
Steve Liebmann, Simon Bloomfield or Andy Harris
Tel +(0) 207 367 8888
Brewin Dolphin Ltd (Nominated Adviser)
Mark Brady, Director Corporate Finance
Tel +44 (0) 845 213 4748
