21 February 2019 – statement re: share price movement

The company has noted that it knows of no reason for the recent slide in its share price.  As detailed in an announcement on 21 January, results for the year ended 31 December 2018 are due to be in line with expectations.  Net bank debt at 31 December 2018 was £11.9m (2017: £18.3m).  Trading in the first six weeks of the current year was strong with recent acquisitions performing in line with management expectations.  Final results are due out on 26 March and although the shares are out of favour they are good value.  BUY.