24 October – trading update
One of the group’s portfolio companies, Geomerics, which develops graphics technology for the computer games industry, has reported that sales are growing at an encouraging rate. Its technology is being employed in 18 titles worldwide and is under consideration for many more. The group has also secured its first deal in Korea, opening up a whole new market. This is clearly good news for ANGLE, which is a 33% shareholder in Geomerics, and the shares remain a BUY.