March 19, 2020 / 3:49 PM / 19 days ago

BRIEF-Adams PLC Says COVID-19 Impacts Co's Investment Portfolio Negatively

March 19 (Reuters) - Adams PLC:

* ADAMS PLC - STATEMENT RE COVID-19

* COVID-19 HAS HAD A NEGATIVE IMPACT ON COMPANY’S INVESTMENT PORTFOLIO

* COVID-19 GENERATED UNREALISED LOSSES ESTIMATED TO HAVE RESULTED IN LOSS FOR CURRENT FINANCIAL YEAR TO DATE OF APPROXIMATELY £0.5 MILLION

* BOARD IS CONFIDENT THAT COMPANY HAS SUFFICIENT WORKING CAPITAL TO MAINTAIN ITS OPERATIONS FOR FORESEEABLE FUTURE Source text for Eikon: Further company coverage:

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