Loqus Holding plc – Interim Director’s Statement

Loqus Holding plc announced that since the publication of the interim financial information for the six months ended 31 December 2012, no material events and/or transactions have taken place that would have an impact on the financial position of the Company, such that they would require specific mention, disclosure or announcement pursuant to the applicable Listing Rules.

The management team is evaluating further options including full or partial sale of selected business units, equity partnerships and joint ventures to enable the Loqus group to strengthen its capital and marketing base. At this point a number of active discussions with potential partners are under way but none have reached the final stages.

Loqus is currently relocating to new more suitable premises, at SUB008A San Gwann Industrial Estate, San Gwann. This would see a reduction in rental expenses whilst ensuring better utilisation of the premises.

To view the official company announcement, click here.