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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ultimate Fin. | LSE:UFG | London | Ordinary Share | GB0031685414 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 25.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMUFG
RNS Number : 0025A
Ultimate Finance Group PLC
25 January 2011
Press Release 25 January 2011
Ultimate Finance Group plc
("Ultimate Finance" or the "Group")
Trading Update
Ultimate Finance Group plc (AIM:UFG), a leading provider of financial solutions to SMEs, is pleased to provide a trading update for the six months to 31 December 2010.
The integration of Ashley Commercial Finance Limited ("Ashley"), acquired in October 2010, is progressing well, and the increasing cross-selling opportunities are continuing to validate the rationale behind the acquisition. In addition, Ashley has moved into new offices in the same building as Ultimate Finance's Manchester team, maximising the cost-savings and operational synergies identified at the time of the acquisition.
Excluding acquisition costs, the Group has performed ahead of management expectations, as demand for its services remains strong.
The Company will announce its interim results for the six months to 31 December 2010 on 29 March 2011.
- Ends -
For further information: Ultimate Finance Group plc Richard Pepler, Chief Executive Tel: +44 (0)845 251 3030 rpepler@ultimatefinance.co.uk Shane Horsell, Finance Director Tel: +44 (0)845 251 3030 shorsell@ultimatefinance.co.uk Arbuthnot Securities (Nominated Adviser and Joint Broker) Antonio Bossi Tel: +44 (0)20 7012 2000 antoniobossi@arbuthnot.co.uk Paul Gillam Tel: +44 (0)20 7012 2000 paulgillam@arbuthnot.co.uk WH Ireland (Joint Broker) John Wakefield Tel: +44 (0)117 945 3471 john.wakefield@wh-ireland.co.uk Richard Smith Tel: +44 (0) 121 265 6304 richard.smith@wh-ireland.co.uk Media enquiries: Abchurch Joanne Shears / Oliver Hibberd Tel: +44 (0) 20 7398 7709 joanne.shears@abchurch-group.com www.abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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