Santumas Shareholdings plc – Material Transaction

The Company announced that on the 28th November 2016 it has booked revenues amounting to €1,194,084 arising from a material transaction.  This transaction, which is expected to have a positive impact on the realised profits of the Comapny, will be reflected in the Company's financial statements for the financial year ending 30th April 2017.  Despite the material realised gain for this transaction, teh directors, on the basis of information available to them at the date of this announcement do not project the results for 2017 to be materially different from the profits shown for the financial year ending 30th April 2016, in view of the unrealised profits booked through a revaluation of investment properties in the financial year ended 30th April 2016, part of which has been realised in the financial year ending 30th April 2017.  

To view the official company announcement, click here.