Scholium Group PLC Trading Update (9710I)
07 Aprile 2020 - 8:00AM
UK Regulatory
TIDMSCHO
RNS Number : 9710I
Scholium Group PLC
07 April 2020
Scholium Group plc
("Scholium" or "Group")
Trading update
This announcement contains inside information for the purposes
of Article 7 of Regulation 596/2014.
In light of the ongoing Coronavirus pandemic, the Directors
hereby provide an update on current trading.
Whilst the Shapero Rare Books' retail premises is not open to
visitors, it is, in common with Scholium Trading and Mayfair
Philatelics, maintaining a reduced level of trading over the
internet and by telephone. As a result, and taking into account
various cost savings that have been achieved by the Board,
including the furloughing of several members of staff, the Group as
a whole is currently trading at a small monthly loss.
Stock is currently in excess of GBP8.0 million and cash at the
end of March was in excess of GBP270k.
For further information please visit www.scholiumgroup.com or
contact:
Scholium Group plc
Jasper Allen, Chairman +44 (0)20 7493 0876
Peter Floyd, Finance Director
WH Ireland Ltd - Nominated Adviser
Chris Fielding +44 (020) 7220 1666
Lydia Zychowska
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END
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