MGL
11/08/2015 09:13
FORECAST
PRICE SENSITIVE
REL: 0913 HRS Mercer Group Limited
FORECAST: MGL: Mercer Press Release - Unaudited Earnings & Update June 15
Unaudited Earnings Update for the year ended 30th June 2015, Restructuring
and Board Change.
Further to the announcements on 9th July 2015, the new Executive team of
Mercer Group Limited (NZX:MGL) has completed a review of the MGL businesses.
Please see attached document for more information.
In summary...
The Board believes that MGL has world class technologies with global
application that will now be the prime area of focus, supported by its well
established stainless fabrication business. MGL is committed to seeing these
technologically driven initiatives deliver profitable and positive outcomes
for our shareholders and staff.
The Board announces that Rodger Shepherd has resigned as a Director of MGL.
John Dennehy
Board Chair
For further information contact:
Richard Rookes, CEO, 021 414 016
End CA:00268196 For:MGL Type:FORECAST Time:2015-08-11 09:13:47