Result of EGM (5919W)
22 Novembre 2010 - 1:01PM
UK Regulatory
TIDMSC.
RNS Number : 5919W
Supercart PLC
22 November 2010
22 November 2010
SUPERCART PLC
("Supercart" of the "Company")
Result of General Meeting and Trading Update
The Company is pleased to announce that, at this morning's
shareholders meeting, the resolutions concerning matters relating
to the Placing and Subscription announced on 4 November 2010 were
duly passed. At the meeting the Chairman made the following
statement:
"We remain encouraged with progress this year in all of our
major markets. During this busy final quarter the Company has
experienced some capacity issues at our manufacturing partner in
North America which have served to restrict our ability to deliver
on orders received. Management is addressing these issues and is
confident that they will be resolved as soon as practicable. They
are not expected to have a significant impact on North American
sales in the current year.
"Although the final outturn for 2010 remains difficult to
predict with certainty, even at this stage of the year, with a
number of potential orders still subject to final confirmation,
sales in North America are significantly ahead of the same period
last year. South Africa is continuing to perform well and our
European operations are also trading in line with our expectations.
Trolley sales for this year will be significantly ahead of the
95,205 units sold in 2009."
Enquiries:
Supercart plc
Chief Executive
Mike Wolfe 01732 459898
Charles Stanley Securities
Nominated Adviser and Broker
Russell Cook/Carl Holmes 020 7149 6000
Tavistock Communications
Jeremy Carey/Andrew Dunn 020 7920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
END
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