City Announcements
AGM Statement November 2006
AGM Statement
Morse plc ("the Group"), the consulting, technology and support company, holds its AGM at 10.00am today. The following statement will be made by the Chairman, Richard Lapthorne:
"In our preliminary results of 30 August 2006 we announced that the Group would now operate through its two distinct and separate businesses of Morse and Monitise, with a holding company structure in place to oversee their performance. Morse will operate as a single unified advisory & execution professional IT services firm and Monitise would focus on its mobile banking applications and software business.
We are encouraged with the progress in the development of this new operating model and confirm that trading for both businesses is in line with management’s expectations.
The Group next plans to update on trading in its interim results in spring 2007."
Contacts:
Duncan McIntyre, Group Chief Executive
Eric Dodd, Group Finance Director
Morse plc Tel: 020 8380 8000
Giles Sanderson
Haya Chelhot
Financial Dynamics Tel: 020 7831 3113