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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Hydrogen Group Plc | LSE:HYDG | London | Ordinary Share | GB00B1DJTV45 | 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% | 42.50 | 35.00 | 50.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
TIDMHYDG
Hydrogen Group PLC
10 October 2018
Hydrogen Group Plc ("Hydrogen Group" or "the Group")
US Office Expansion
The board of Hydrogen Group is pleased to announce the opening of two new offices in its North American business in Austin and San Diego, and the relocation of its existing operations in Houston to larger premises.
During Q2 2018 the Group appointed a new Managing Director to its US business and transferred a key member of staff from the UK. This, together with other group wide initiatives, is driving exceptionally high current levels of growth in the region. US Net Fee Income in Q3 2018, was some 40% greater than the total earned throughout H1 2018.
Both Austin and San Diego have been identified as key markets to drive further growth in the Group's key STEM markets, notably in Technology and Life Sciences. The new offices, together with the expansion of Houston, will underpin the continued growth and underline the Group's commitment to building market leading businesses across the region.
Ian Temple, Hydrogen Group, CEO, comments:
"We have identified North America as a key driver of our continued growth, so we are delighted to be able to announce the opening of two new offices in Austin & San Diego. I look forward to the continued development of our business in these exciting and high growth markets."
Enquiries:
Hydrogen Group plc 020 7090 7702
Ian Temple CEO
John Hunter, COO & CFO
Notes to Editors:
Hydrogen Group's mission is to empower people's careers whilst powering businesses by providing their key people from a proven global platform with clients' in over 50 countries. We deliver by building market leading specialist teams that develop a deep understanding of candidate and clients' needs and developing solutions.
http://www.hydrogengroup.com
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
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(END) Dow Jones Newswires
October 10, 2018 02:00 ET (06:00 GMT)
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