M Winkworth Plc Result of AGM (2269Y)

TIDMWINK

RNS Number : 2269Y

M Winkworth Plc

11 May 2021

11 May 2021

M Winkworth plc

Results of Annual General Meeting

Directors of M Winkworth Plc ("Winkworth" or the "Company") are pleased to announce that all the resolutions proposed at the Company's annual general meeting held earlier today were approved by shareholders.

At the AGM, Dominic Agace, CEO of Winkworth, made the following comment:

"We have had an exceptionally strong first quarter of the year in sales, with revenues almost doubling on Q1 2020 due to a combination of completions being carried over from the fourth quarter of 2020 and a resurgence of activity in 2021. This momentum has carried over into the second quarter and, while the ending of stamp duty relief in September may temper the number of transactions in the second half, we are well placed to benefit from the revival in interest. Our rentals business, meanwhile, is showing a gentle rise and will again be an important contributor to our results this year."

For further information please contact:

   M Winkworth Plc                                                          Tel : [phone] 

Dominic Agace (Chief Executive Officer)

Andrew Nicol (Chief Financial Officer)

   Milbourne (Public Relations)                                       Tel : [phone] 

Tim Draper

   Shore Capital (NOMAD and Broker)                           Tel : [phone] 

Robert Finlay

David Coaten

Henry Willcocks

About Winkworth

Winkworth is the leading London franchisor of residential real estate agencies with a pre-eminent position in the mid to upper segments of the sales and lettings markets. The franchise model allows entrepreneurial real estate professionals to provide the highest standards of service under the banner of a long-established brand name and to benefit from the support and promotion that Winkworth offers.

Winkworth is admitted to trading on the AIM Market of the London Stock Exchange.

For further information please visit: www.winkworthplc.com

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May 11, 2021 06:00 ET (10:00 GMT)