Adal Group 6-for-1 Stock Dividend Paid October 13, 2005; Company Seeks Broader Stock Ownership and Liquidity.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of & LONDON -- Adal Group, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ADGR ADGR All Donations Gratefully Received ADGR Active Duty Guard & Reserve ), a leading producer of aluminum precision engineered parts, added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
The stock dividend has increased the number of common shares outstanding from approximately 3,165,976 shares to approximately 22,161,832 shares. Mr Nicholas A. Shrager, Chairman and Chief Executive Officer of Adal Group said, "We look forward to welcoming a broader base of shareholders in our business at an exciting time. Investment and efficiency improvements continue apace, and we are identifying targets for acquisition in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Europe" Mr Shrager and Mr Steve Goodacre, Chief Financial Officer, are available for meetings by phone in London, or in person in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . If you would like to arrange a meeting, or would like more information about the stock dividend or Adal Group operations, please contact Rupert Howe, Investor Relations Investor relations The process by which the corporation communicates with its investors. Assistant, (917) 779 8749 or at rupert.howe@adalgroup.com. More information about Adal Group can be found at www.adalgroup.com, including the latest financial information, SEC filings, research reports and live stock quote. About Adal Group, Inc. Adal Group, Inc., based in the UK, is a global producer of added value aluminum extrusions, precision engineered parts and related proprietary products. Adal Group operates in high growth, large niche markets, including such key industries as aerospace, defense, automotive and construction. The company is also developing proprietary aluminum based technologies that have significant potential in the global market, and last month made patent applications for "Ticalium", a new high-strength but lightweight aluminum and titanium carbide metal matrix composite Metal matrix composite A material in which a continuous metallic phase (the matrix) is combined with another phase (the reinforcement) that constitutes a few percent to around 50% of the material's total volume. . The above news release contains forward-looking statements. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of business risks, external factors and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements. Adal Group, Inc. assumes no obligation to update the information contained in this press release, whether as a result of new information, future events, or otherwise. |
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