RNS Number : 5725U
Cobra Bio-Manufacturing PLC
26 June 2009
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For immediate release
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26 June 2009
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Cobra Biomanufacturing Plc
('Cobra' or 'the Company')
Trading Statement
Further to the trading statement announced on 23 March 2009, Cobra announces today that it has been notified that the material contract that was placed on hold until the 30 June 2009 has now been terminated by the customer.
As announced previously the payments received under the variation and termination of the contract compensated Cobra for any immediate shortfall in revenue as a result of the contract being on hold and over the past three months Cobra has been actively seeking new customers to offset the longer term impact of this anticipated termination.
Cobra will announce its interim results for the half year ended 31 March 2009 by the 30 June 2009.
For further information, please contact:
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Cobra Biomanufacturing Plc
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Tel: +44 (0) 1782 714 181
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Simon Saxby, Chief Executive
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Peter Coleman, Finance Director
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Buchanan Communications
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Tel: +44 (0) 207 466 5000
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Tim Anderson
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Rebecca Skye Dietrich
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Seymour Pierce (NOMAD & Broker)
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Tel: +44 (0) 207 107 8000
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Chris Howard
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Christopher Wren
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This information is provided by RNS
The company news service from the London Stock Exchange
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