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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Arden Partners Plc | LSE:ARDN | London | Ordinary Share | GB00B15CTY44 | 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% | 15.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMARDN
RNS Number : 6348W
Arden Partners plc
16 November 2017
Arden Partners plc
("Arden" or the "Company")
Update on the Trading Team
Arden announces that it is in discussions with MCP Advisers LLP ("MCP"), the entity through which Arden retains a sales trading team to execute institutional order flow (the "Trading Team"), to bring the Trading Team in house as employees of the Company.
As part of these discussions, notice has been served on MCP to terminate the current contractual arrangements. As a result, both tranches of options over Arden ordinary 10p shares awarded to MCP (as announced on 1 February 2017) have lapsed.
Arden's Chief Executive Officer, Donald Brown, commented:
"We are pleased with the performance of the Trading Team and wish to continue our relationship with them. However, we also believe that it is now more appropriate for our trading function to be a wholly integral part of the business."
For further information, please contact:
Arden Partners plc Tel: +44 (0) 20 7614 Donald Brown (Chief Executive 5900 Officer) Stephen Wassell (Company Secretary) GCA Altium Limited (NOMAD) Tel: +44 (0) 20 7484 Sam Fuller / Tim Richardson 4040
This information is provided by RNS
The company news service from the London Stock Exchange
END
UPDLLFFDLILELID
(END) Dow Jones Newswires
November 16, 2017 02:00 ET (07:00 GMT)
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