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TPM Trust Property

2.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Trust Property LSE:TPM London Ordinary Share GB00B1NXMT53 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Pre-Close Trading Update

31/03/2008 8:02am

UK Regulatory


RNS Number:0917R
Trust Property Management Group PLC
31 March 2008

    Trust Property Management Group plc / Ticker: TPM / Index: AIM / Sector:
                              Property Management


31 March 2008

         Trust Property Management Group plc ('Trust' or 'the Company')
                            Pre-Close Trading Update


Trust Property Management Group plc, the AIM listed property management and
chartered surveying services group, is pleased to announce a pre-close trading
update for the year ended 31 March 2008.  As highlighted in the interims, this
has been a year of growth since the Company's admission to AIM in March 2007.
The Company would like to report that trading has remained buoyant post the
interim period and, having created a strong financial platform for future
growth, looks forward to announcing its final results in June 2008.


  * As well as considerable organic growth, the year has seen the successful
    integration of two acquisitions, which have provided further geographical
    reach and new client bases.


  * The Company has strengthened both its sales and marketing teams as well as
    its accounts department to support its rapidly growing management portfolio.


  * The Company recently announced the appointment of IAF Securities Limited
    as broker and financial advisor to the Company to help develop its corporate
    profile in the City.


  * To accommodate the enlarged team, in May 2008, the Company is moving to
    new head office premises, which nearly doubles its capacity to 4,600 sq ft.


  * The Board is currently reviewing the Company's dividend policy and hopes
    to be in a position to recommend the payment of an inaugural dividend.



                                  * * ENDS * *


For further information visit www.tpmgroupplc.co.uk or contact:
Julian Finegold, Director                                                                Tel: 0845 260 1515
Trust Property Management Group Plc
Liam Murray, Nominated Adviser                                                           Tel: 020 7492 4777
City Financial Associates Limited
David Morgan / David Coffman                                                             Tel: 020 7747 7400
IAF Securities Limited
Isabel Crossley / Susie Callear                                                          Tel: 020 7236 1177
St Brides Media and Finance

Note to Editors:


Trust Property Management Group plc, which floated on AIM in March 2007, is a
provider of professional property management and chartered surveying services,
with over 14,000 residential and commercial units under management.  The
management believe that the Company is well positioned to take advantage of the
fragmented property management and surveying market through the consolidation of
its three key subsidiaries: Trust Property Management Limited, which undertakes
residential and commercial property management services; Trust Credit Services
Limited, which is a licensed credit facilities provider enabling tenants to
spread cost of ground rents and service charges; and Skylon Limited, which
provides a wide range of chartered surveying services.


The Company has a highly experienced management team including David Glass, the
founder of David Glass Associates which floated on AIM in November 1995;
Benjamin Mire, a Chairman of the Leasehold Valuation Tribunal and former
Director at Lee Baron Commercial Limited; Dr Julian Finegold, co-founder of
Trust Property Management Limited and former business and sales manager at IBM
UK; and Larry Lipman, a well-known entrepreneur in the property sector.






                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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