("CIA" or the "Company")
Trading Update on Activities Affected by COVID-19
All testing activities were suspended effective Wednesday night,
1. During today, Thursday, all critical equipment will be disconnected and all value material will be removed from site
2. By this Thursday evening today, the Company will have the plant in safe mode and people involved with the plant operation will be sent home.
3. Security surveillance will continue to protect all the assets
We have coordinated with our client and have agreed a tentative plan for resuming the work and completing the contracted production after the lockdown period. The Company will continue monitoring the situation so that CASA is ready to adapt to the fast-changing environment.
The management team will be operative and will continue working, although with a reduced pace and significant disruption to the marketing, commercial and business development activities. Management are adopting to the situation using smart and remote working.
The Directors of the Company accept responsibility for the content of this announcement.
Telephone: +973 3 9696273
Telephone: 020 7220 9795