Share PLC Trading Update (3201J)

TIDMSHRE

RNS Number : 3201J

Share PLC

27 June 2017

27 June 2017

AIM: SHRE

Share plc

("the Company")

Trading Update

Share plc, which operates The Share Centre Limited, a leading independent UK stockbroker, is pleased to provide a trading update for the financial year ending 31 December 2017.

Further to the AGM Statement issued on 7 June 2017, after a record first quarter, trading has remained strong and, as a result, the Board now expects that sales and profitability for the first six months of the current financial year will be significantly ahead of its expectations. Half year results to 30 June 2017 will be published on 9 August 2017, as previously reported, at which time the Board will provide a further update on trading.

Buoyant trading has been supported by the commencement in the second quarter of services to Computershare, one of the UK's leading share registrars and the largest registrar globally, as well as the successful migration of investment trust accounts from Invesco to The Share Centre Limited, with approximately 95% of the transferring accounts retained.

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 
 For further information please contact: 
 
  Share plc 
                                   01296 439 270 / 
 Richard Stone, Chief Executive     07919 220 599 
 Mike Birkett, Finance Director    01296 439 479 
  Joe Dumont, Head of Corporate 
   Communications                   01296 439 426 
 
 
 Cenkos Securities plc (Nominated 
  Adviser and broker)                020 7397 8900 
 Ivonne Cantu / Mark Connelly 
 
 KTZ Communications (Financial 
  Public Relations) 
  Katie Tzouliadis / Emma 
  Pearson                            020 3178 6378 
 

About Share plc:

Share plc is the parent holding company of The Share Centre Limited and its shares are traded on AIM. The Share Centre started trading in 1991 and provides a range of account-based services to enable investors to share in the wealth of the stock market. Retail services include share accounts, ISAs, Junior ISAs and SIPPs, all with the benefit of investment advice, and dealing in a wide range of investments. Services available to corporate clients include Enterprise Investment Scheme administration and 'white-label' dealing platforms.

For more details contact 0800 800 008, or visit www.shareplc.com or www.share.com

Risk Warning

This document is not intended to constitute an offer or agreement to buy or sell investments and does not constitute a personal recommendation. The investments and services referred to in this document may not be suitable for every investor and if in doubt independent financial advice should be sought. No liability is accepted whatsoever for any loss howsoever arising from any information in this document subject to the rules of the Financial Conduct Authority or the Financial Services and Markets Act 2000. Share prices, values and income can go down as well as up and investors may get back less than their initial investment. The Share Centre is a member of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority under reference 146768.

This information is provided by RNS

The company news service from the London Stock Exchange

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June 27, 2017 09:01 ET (13:01 GMT)