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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Gateley (holdings) Plc | LSE:GTLY | London | Ordinary Share | GB00BXB07J71 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 120.50 | 120.00 | 121.00 | 120.50 | 120.50 | 120.50 | 130,098 | 07:39:32 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Legal Services | 162.73M | 12.24M | 0.0930 | 12.96 | 158.63M |
TIDMGTLY
RNS Number : 8883R
Gateley (Holdings) PLC
27 September 2017
27 September 2017
Gateley (Holdings) Plc
("Gateley" or the "Company" or the "Group")
AGM Statement
Gateley (AIM:GTLY), the national commercial law and complementary professional services group, is today holding its Annual General Meeting at 12.30pm at the Company's offices at One Eleven, Edmund Street, Birmingham, B3 2HJ. The Non-Executive Chairman, Nigel Payne, will make the following statement at the meeting:
"The Board is pleased to report that the business continues to perform well and is trading in line with management's expectations. Following a year of significant expansion and investment, Gateley continues to achieve solid organic growth, whilst remaining focused on the execution of its stated ambition of seeking complementary acquisitions which are earnings accretive to the Group. Driven by the strength of its service offering, its ability to retain and attract excellent staff and expand on existing client relationships, Gateley remains well placed for the future. Further new recruits have settled in well across the Group including professional staff in Gateley Hamer, Gateley Capitus and across its core national legal divisions.
In the last financial year, Gateley has introduced a range of employee share schemes that enable all staff to acquire shares and participate in its long term financial success. We were delighted with the staff response to these schemes and the extent of the staff participation.
At the AGM shareholders are being asked today to approve, amongst other things, a final dividend of 4.4 pence per ordinary share, which, if approved, will be paid on 4 October 2017 to those shareholders on the register at the close of business on 8 September 2017. This dividend will result in a total dividend for the year ended 30 April 2017 of 6.6 pence per ordinary share.
Finally, the Board notes that today is the last day of Michael Seabrook's term of office as a director of the Company. The Board would like to thank Michael for his service and wish him well for the future. In addition, today we welcome Suki Thompson to the Board and we look forward to benefitting from her experience and working with her."
Enquiries: Gateley (Holdings) Plc Neil Smith, Finance Director Tel: +44 (0) 121 234 0196 Nick Smith, Acquisitions Director and Head of Investor Relations Tel: +44 (0) 20 7653 1665 Cara Zachariou, Head of Communications Tel: +44 (0) 121 234 0074 or +44 (0) 7703 684 946 Cantor Fitzgerald Europe - Nominated adviser and broker David Foreman, Marc Milmo, Callum Butterfield (Corporate Finance) Tel: +44 (0) 20 7894 7000 Mark Westcott, Alex Pollen, Caspar Shand Kydd (Sales) Arden Partners - Broker John Llewellyn-Lloyd, Benjamin Cryer (Corporate Finance) Tel: +44 (0) 20 7614 5900 James Reed-Daunter (Corporate Broking) IFC Advisory - Financial PR adviser Tel: +44 (0) 20 3053 8671 Tim Metcalfe, Graham Herring, Miles Nolan
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
September 27, 2017 02:00 ET (06:00 GMT)
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