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Tuesday 10 November, 2009

Hightex Group PLC

Change of Adviser

RNS Number : 2298C
Hightex Group PLC
10 November 2009
 







Press Release 

10 November 2009


Hightex Group plc


Change of Adviser



Hightex Group plc (AIM:HTIG), a leading designer and installer of large membrane roofs and façades worldwide, is pleased to announce the appointment of FinnCap as Nominated Adviser and Broker with immediate effect.


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For further information: 


Hightex Group plc


Charles DesForges, Chairman

Tel: +44 (0) 20 7603 1515 

Charles Sebag-Montefiore, Non-Executive Director

www.hightexworld.com


FinnCap


Geoff Nash

Tel: +44 (0) 20 7600 1658


www.finncapitalmarkets.com


Media enquiries


Abchurch Communications Limited


Charlie Jack / Stephanie Cuthbert

Tel: +44 (0) 20 7398 7706

charlie.jack@abchurch-group.com

www.abchurch-group.com



  Notes to Editors


Hightex Group is a specialist provider of large area architectural membranes for roofing and façade structures. The membranes are typically used in roofs and façades for sporting stadiums and arenas; airport terminals; train stations; shopping malls and other buildings. This type of structure is a competitive alternative to glass as it is cheaper, lighter, and safer as well as being flexible to create complex shapes and it can span larger areas. Hightex uses environmentally friendly materials and is focussed on innovative technology and coatings, which help to reduce a building's energy costs.


Hightex, one of only two international companies to design and install these structures worldwide, has been involved in the construction of a number of very high profile buildings including The Wimbledon centre court retractable roof, the Burj al Arab Hotel in Dubaithe roof of the  Suvarnabhumi International Airport in Bangkok and the grandstand roof at Ascot Race Course. 


The global market for membrane structures is estimated by the Hightex directors to approach around €350 million a year, and is growing as a result of the demand for energy efficient buildings and the popularity and cyclical nature of sporting events, which give rise to a continuing need for upgraded and new buildings and stadiums.


Headquartered in RimstingGermany the Group employs approximately 45 people and is listed on the AIM market of the London Stock Exchange (LSE: HTIG). Further information on Hightex Group plc can be found at www.hightexworld.com



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