Interim Trading Update (4702J)
01 Julio 2011 - 1:00AM
UK Regulatory
TIDMSNS
RNS Number : 4702J
Silanis International Limited
01 July 2011
RNS Release 1 July 2011
Silanis International Limited (the "Company") and its sole
investment,
Silanis Technology Inc. ("Silanis")
Interim Trading Update
The Company (AIM: SNS) is pleased to provide an interim trading
update on Silanis. The Company's sole investment is a 24.98%
interest in the outstanding shares of Silanis, from which the value
of the Company is derived. The Company expects to announce H1 2011
results for both companies by the end of August 2011.
As previously reported in the final 2010 results published 30
March 2011, Silanis saw a return to revenue growth and
profitability in H2 2010. This trend has continued and accelerated
in 2011 as demonstrated by the contract wins announced thus far
this year. As such the turnover for Silanis in H1 2011 is expected
to be greater than twice that achieved in the comparative period of
2010.
For further details, please contact:
Silanis International Limited Tel: +1 514 337
Tommy Petrogiannis, C.E.O. 5255
www.sil-intl.co.uk
Canaccord Genuity Limited Tel: +44 (0) 20
Mark Williams 7050 6500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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