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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Trust Property | LSE:TPM | London | Ordinary Share | GB00B1NXMT53 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:0917R Trust Property Management Group PLC 31 March 2008 Trust Property Management Group plc / Ticker: TPM / Index: AIM / Sector: Property Management 31 March 2008 Trust Property Management Group plc ('Trust' or 'the Company') Pre-Close Trading Update Trust Property Management Group plc, the AIM listed property management and chartered surveying services group, is pleased to announce a pre-close trading update for the year ended 31 March 2008. As highlighted in the interims, this has been a year of growth since the Company's admission to AIM in March 2007. The Company would like to report that trading has remained buoyant post the interim period and, having created a strong financial platform for future growth, looks forward to announcing its final results in June 2008. * As well as considerable organic growth, the year has seen the successful integration of two acquisitions, which have provided further geographical reach and new client bases. * The Company has strengthened both its sales and marketing teams as well as its accounts department to support its rapidly growing management portfolio. * The Company recently announced the appointment of IAF Securities Limited as broker and financial advisor to the Company to help develop its corporate profile in the City. * To accommodate the enlarged team, in May 2008, the Company is moving to new head office premises, which nearly doubles its capacity to 4,600 sq ft. * The Board is currently reviewing the Company's dividend policy and hopes to be in a position to recommend the payment of an inaugural dividend. * * ENDS * * For further information visit www.tpmgroupplc.co.uk or contact: Julian Finegold, Director Tel: 0845 260 1515 Trust Property Management Group Plc Liam Murray, Nominated Adviser Tel: 020 7492 4777 City Financial Associates Limited David Morgan / David Coffman Tel: 020 7747 7400 IAF Securities Limited Isabel Crossley / Susie Callear Tel: 020 7236 1177 St Brides Media and Finance Note to Editors: Trust Property Management Group plc, which floated on AIM in March 2007, is a provider of professional property management and chartered surveying services, with over 14,000 residential and commercial units under management. The management believe that the Company is well positioned to take advantage of the fragmented property management and surveying market through the consolidation of its three key subsidiaries: Trust Property Management Limited, which undertakes residential and commercial property management services; Trust Credit Services Limited, which is a licensed credit facilities provider enabling tenants to spread cost of ground rents and service charges; and Skylon Limited, which provides a wide range of chartered surveying services. The Company has a highly experienced management team including David Glass, the founder of David Glass Associates which floated on AIM in November 1995; Benjamin Mire, a Chairman of the Leasehold Valuation Tribunal and former Director at Lee Baron Commercial Limited; Dr Julian Finegold, co-founder of Trust Property Management Limited and former business and sales manager at IBM UK; and Larry Lipman, a well-known entrepreneur in the property sector. This information is provided by RNS The company news service from the London Stock Exchange END TSTILFLDVEITFIT
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