PMG is delighted to have received 22 further applications from potential PLUS brokers. These applications are being processed over the coming weeks. In line with usual practice, market notices will be issued in due course in respect of such brokers who are approved.
Investors are reminded, however, of the statement in our 2005 annual report that in building a new market, “expenditure…. necessarily precedes revenues and that this will be most noticeable in the first half of the current year”. This continues to be the case.