Ramsdens Holdings – 142.5p

14 July 2017 – unauthorised access to IT systems and trading update

The company has reported that there has been unauthorised access to its IT systems.  It has informed the regulatory authorities and is working with third-party experts to take all appropriate actions. Disruption and costs are likely to be limited but potentially impacted parties are being notified as a precaution.  Strong trading during the early part of the current financial year across all core business segments has continued into the start of the key summer trading period.  On balance we retain our BUY rating.

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