The Board of Directors can confirm that in relation to its Holding in BPMT Ltd the asset value previously disclosed has increased significantly with the benefit derived from the US Dollar strengthening against the British Pound.
At the average rate of trading calculated over the last 30 days this increases the asset value of BPMT Ltd to 175p per share.
Richard Murray Chairman says:
“With this current revaluation of the BPMT Ltd asset this investment holding reflects a value of more than £3 per share in SBS Group share price.
We are very pleased with our SBS Technology Ltd development in the build out of our E.A.E Portal system and will be providing a full progress report at close of business on Friday 7th October.”
