Leeds Group PLC AGM Statement (5731W)

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RNS Number : 5731W

Leeds Group PLC

12 December 2019

12 December 2019

Leeds Group plc

(the "Company")

AGM Statement

At today's Annual General Meeting, Jan G. Holmstrom, Non-Executive Chairman, will make the following statement:

"Trading performance for the first six months of the year is in line with the expectations of the Board. Market conditions continue to be difficult, but this was expected, and the Board believes the current strategy as set out in our accounts published in November for both Hemmers and KMR should enable them to be better placed to meet these challenging market conditions.

Also as stated in the accounts, the Directors do not propose a dividend. In the opinion of the Board, this maximises the long-term value of the Group to the benefit of all shareholders."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (MAR) and has been arranged for release by Jan G Holmstrom, Chairman.

Enquiries:

   Leeds Group plc                                                   Cairn Financial Advisers LLP 
   Dawn Henderson - 07747 777055                    Tony Rawlinson / Liam Murray - 020 7213 0880 

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(END) Dow Jones Newswires

December 12, 2019 07:00 ET (12:00 GMT)