TIDMBQE

RNS Number : 4071D

Bioquell PLC

26 April 2017

FOR IMMEDIATE RELEASE

26 April 2017

Bioquell PLC

AGM Statement

Trading update

At today's Annual General Meeting of the Company, the following trading update is being given by the Chairman, Ian Johnson.

"I am pleased to report that trading in the year to date has been encouraging and the outlook for the balance of the year remains favourable.

In the past six months some radical changes have been made in the structure and focus of the business. This has resulted in a reduction in the cost base and greater emphasis on the opportunities in the life sciences market. There is however much work still to do to further enhance sales momentum by strengthening the customer facing organisation.

The group is well financed with net cash at the end of March of approximately GBP12m."

Enquiries:

   Ian Johnson             Bioquell PLC             01264 835 900 

Michael Roller

This information is provided by RNS

The company news service from the London Stock Exchange

END

AGMBQLFLDZFZBBX

(END) Dow Jones Newswires

April 26, 2017 06:44 ET (10:44 GMT)

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