Print   



PGI Group Plc (the 'Company')

1 May 2009

The Company announced its preliminary results for the year ended 31 December 2008 on 23 April 2009, which included extracts from the audited financial statements and a business review.

The Company has posted to shareholders the following documents:

Annual Report and Accounts for the year ended 31 December 2008

Notice of Annual General Meeting 2009 

Form of Proxy for the Annual General Meeting

The Company's Annual Report and Accounts and Notice of Annual General Meeting, may also be found on its website - www.pgi-uk.com 

The Company today provides the following additional regulated information, included within its Annual Report, in full unedited text as required to be made public under the Disclosure and Transparency Rules. 

The Annual Report contains a responsibility statement of the directors in respect of the Annual Report and Accounts. The responsibility statement is set out as follows:

Statement of directors' responsibilities

The directors are responsible for the preparation of financial statements for each financial year in accordance with applicable law and regulations. 

The directors are required to prepare the consolidated financial statements in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union. The directors have also elected to prepare the Company financial statements under IFRS. 

The directors, in preparing the financial statements, are required to use suitable accounting policies and to apply them consistently, to make reasonable and prudent judgements and estimates and to state that the consolidated and company financial statements comply with IFRS as adopted by the European Union. 

The directors have responsibility for ensuring that the Company and the Group prepare and maintain accounting records which disclose with reasonable accuracy at any time the financial position of the Company and the Group at that time and which enable them to ensure that the financial statements comply with the Listing Rules and the Companies Act 1985 and Article 4 of the IAS Regulation. 

The directors have a general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the Company and the Group and to prevent and detect fraud and other irregularities. 

The directors are responsible for the maintenance and integrity of the financial information on the Company's website. 

After making appropriate enquiries, the directors are satisfied that the Group has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. 

To the best of the directors' knowledge and belief there is no audit information relevant to the preparation of the Auditors' Report of which the auditors are unaware and each director has taken all the steps which he ought to have taken to make himself aware of such relevant information and to establish that the auditors are also aware of that information.

For further information: 

 

PGI          020 7236 6135  

Geoff Moores, Financial Director

ENDACSBSGDURXGGGCB