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EQN Equiniti Group Plc

179.80
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Equiniti Group Plc LSE:EQN London Ordinary Share GB00BYWWHR75 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 179.80 179.80 180.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Equiniti Group PLC AGM AND TRADING UPDATE (8210X)

02/05/2019 7:00am

UK Regulatory


Equiniti (LSE:EQN)
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TIDMEQN

RNS Number : 8210X

Equiniti Group PLC

02 May 2019

Equiniti Group plc

Incorporated in England and Wales

Registration number: 07090427

LEI: 213800TS721HGE2JIV94

ISIN: GB00BYWWHR75

2 May 2019

EQUINITI GROUP PLC - AGM AND TRADING UPDATE

Equiniti Group plc ("Equiniti" or "the Group"), an international technology-led services and payments specialist, is holding its Annual General Meeting today and is issuing the following trading update covering progress to date in 2019.

TRADING

The year has started well and the Board is confident of delivering in line with expectations for full year 2019.

The fidelity of our blue-chip client base remains high and all renewing relationships have been continued, including clients such as ABF, Fresnillo, M&G Prudential, Comcast and Proctor & Gamble. There have also been encouraging new client wins in the period and we are pleased to have secured new mandates across all of our divisions including National Grid, Danske Bank and DWF in the UK, and WABTEC and Cincinnati Financial in the US, along with a number of significant wins in our Pension Solutions business.

Trading in the US has been pleasing and integration is proceeding in accordance with previous guidance, with the separation of the business from Wells Fargo anticipated to conclude by June 2019.

OUTLOOK

Equiniti's specialist and non-discretionary services are largely insulated from the continuing uncertainty in the macro-economic environment and our expectations for full year 2019 remain unchanged.

For further information please contact:

Analyst/Investor enquiries:

Equiniti Group plc Guy Wakeley, Chief Executive +44 (0) 207 469 1811

John Stier, Chief Financial Officer

Frances Gibbons, Head of Investor Relations

Media enquiries:

Temple Bar Advisory Alex Child-Villiers + 44 (0) 7795 425580

   Will Barker                                                         + 44 (0) 7827 960151 

Forward-looking statements

This announcement contains forward-looking statements regarding Equiniti. These forward-looking statements are based on current information and expectations, and are subject to risks and uncertainties, including market conditions and other factors outside of Equiniti's control. Readers are cautioned not to place undue reliance on the forward-looking statements contained herein, which speak only as of the date hereof. Equiniti undertakes no obligation to publicly update any forward-looking statement contained in this release, whether as a result of new information, future developments or otherwise, except as may be required by law.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

AGMABMLTMBTMBIL

(END) Dow Jones Newswires

May 02, 2019 02:00 ET (06:00 GMT)

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