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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mattioli Woods Plc | LSE:MTW | London | Ordinary Share | GB00B0MT3Y97 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.00 | -0.13% | 792.00 | 790.00 | 794.00 | 793.00 | 792.00 | 793.00 | 249,198 | 08:00:04 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Finance Services | 111.18M | 7.65M | 0.1474 | 53.73 | 411.14M |
TIDMMTW
RNS Number : 6171K
Mattioli Woods PLC
03 September 2021
3 Sept 2021
Mattioli Woods plc
("Mattioli Woods", "the Company" or "the Group")
Update on Timing of Full Year Results Announcement
Mattioli Woods plc (AIM: MTW.L), the specialist wealth and asset management business, announces a revised date for the publication of its Full Year Results for the year ended 31 May 2021.
The Company has announced a number of acquisitions in recent months including LWMG Topco Limited ("Ludlow Wealth Management"), which is expected to complete within the next few days following receipt of regulatory approval of the change in control from the Financial Conduct Authority ("FCA"). Following discussion with Mattioli Woods' auditor Deloitte LLP, the results are now expected to be published on Tuesday, 21 September 2021. This will give time for completion of the financial reporting processes including those relating to the accounting treatment for all acquisitions completed by Mattioli Woods, and Deloitte LLP the required time to complete its audit of the results. The Board expects the Group's adjusted profit for the year ended 31 May 2021 to remain in line with its expectations and remains positive about the Group's prospects.
Following the trading update announced on 6 July 2021, in the first two months of the new financial year the Group has seen positive momentum continue to build, with greater client activity and increasing inflows into the bespoke investment services the Group has developed. The Board expects the Group to secure further organic growth this year, while continuing to progress its acquisition and integration strategy.
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For further information please contact:
Mattioli Woods plc Ian Mattioli MBE, Chief Executive Officer Ravi Tara, Chief Financial Officer Tel: +44 (0) 116 240 8700 Michael Wright, Group Managing www.mattioliwoods.com Director Canaccord Genuity Limited (Nominated Adviser and Joint Broker) Adam James Tel: +44 (0) 20 7523 8000 Thomas Diehl www.canaccordgenuity.com Singer Capital Markets (Joint Broker) Justin McKeegan Tom Salvesen Tel: +44 (0) 20 7496 3000 www.singercm.com
Media enquiries:
Camarco Julia Tilley Tel: +44 (0) 20 3757 4998 www.camarco.co.uk
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(END) Dow Jones Newswires
September 03, 2021 02:00 ET (06:00 GMT)
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