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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Tatton Asset Management Plc | LSE:TAM | London | Ordinary Share | GB00BYX1P358 | ORD GBP0.20 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -6.00 | -1.03% | 574.00 | 572.00 | 594.00 | 580.00 | 580.00 | 580.00 | 9,082 | 16:35:24 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Business Services, Nec | 32.33M | 13.37M | 0.2210 | 26.24 | 350.97M |
From Apr 2019 to Apr 2024
TIDMTAM
RNS Number : 6776L
Tatton Asset Management PLC
23 April 2018
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain
23 April 2018
Tatton Asset Management plc (or the 'Group')
Trading statement
Tatton Asset Management plc (AIM: TAM), the on-platform discretionary fund management (DFM) and IFA support services business, is today providing an un-audited year end update for the 12 months ended 31 March 2018.
The Group has performed well and the good progress reported in the interim results has continued. As a result, Group revenue and operating profit are in line with expectations.
Highlights
Assets under management of GBP4.9 billion at 31 March 2018 (31 March 2017: GBP3.9 billion) an increase of GBP1.0 billion or 25.6% over the year.
Paradigm Partners, the Group's IFA support services business continues to attract new members with client firms increasing to 368 (31 March 2017: 352).
Paradigm Mortgage Services, the Group's mortgage distribution and support services business, continues to grow with membership rising to 1,219 (31 March 2017: 1,069).
Paul Hogarth, Founder and CEO of Tatton Asset Management plc, said:
"The positive impact of our IPO has continued, and we are very pleased that the Group has performed in line with expectations. Increasing assets under management by GBP1.0 billion in the last twelve months to GBP4.9 billion, and GBP5.0 billion as at today, is a continued endorsement of the demand for a DFM service that offers competitive pricing and has delivered strong investment returns during challenging markets. We look forward to reporting our full year results on 27 June 2018."
Enquiries:
Tatton Asset Management plc Paul Hogarth (Chief Executive Officer) +44 (0) 161 486 3441 Lothar Mentel (Chief Investment Officer) +44 (0) 161 486 3441 Noel Stubley (Chief Financial Officer) +44 (0) 161 486 3441 Roddi Vaughan-Thomas (Head of Communications) +44 (0) 20 7190 2952 Zeus Capital - Nomad and Broker +44 (0) 20 3829 500 Martin Green Dan Bate Pippa Underwood Powerscourt - Financial PR +44 (0) 20 7250 1446 Justin Griffiths Mazar Masud
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTKMGZDDGNGRZM
(END) Dow Jones Newswires
April 23, 2018 02:00 ET (06:00 GMT)
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