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Company Cosalt PLC

Statement re the Half-Yearly Financial Report

Released 17:00 31-Aug-2012
Number 2309L17

RNS Number : 2309L
Cosalt PLC
31 August 2012



Cosalt plc

("Cosalt" or the "Company")








As previously announced, the Company is in discussions with David Ross, its banks and the pension trustees to secure a long term financing solution. The Group has not yet published its Report and Accounts for the 12 months ended 31 December 2011 and, whilst financing discussions continue, their outcome continues to remain uncertain.  Consequently, the Company will also not be in a position to publish the Half Yearly Financial Report, for the 6 months to 30 June 2012, which is required under DTR 4.2.2.

The Board is continuing to focus on finding a solution for all parties involved in the discussions and will make a further announcement as soon as possible.







Cosalt plc

Trevor Sands, Chief Executive Officer

Tel:  +44 (0) 1472 725560


Cardew Group                                                         Tel: +44 (0) 207 930 0777

Tim Robertson



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Statement re the Half-Yearly Financial Report - RNS