AGM Statement

RNS Number : 0217C

Gateley (Holdings) PLC

26 September 2018

 

26 September 2018

Gateley (Holdings) Plc

("Gateley" or the "Company" or the "Group")

AGM Statement

Gateley (AIM: GTLY), the law-led professional services group, is today holding its Annual General Meeting at 12.30pm at the Company's offices at One Eleven, Edmund Street, Birmingham, B3 2HJ.

The Non-Executive Chairman, Nigel Payne, will make the following statement at the meeting:

"The Board is pleased to report the continued progress being made by the Group with the business trading in line with management's expectations. Gateley has already completed two strategic acquisitions this year and continues to look for additional complementary businesses which are earnings accretive and assist in diversifying the Group even further.  Both acquisitions are integrating well within the established Group and immediately creating and benefiting from cross referral activity.  Kiddy & Partners relocated into Gateley's 1 Paternoster Square, London office, on 13 August 2018.

Driven by the strength of its national service offering, its ability to retain and attract excellent staff and expand on existing client relationships, Gateley remains well placed for the future." 

At the AGM today, shareholders are being asked to approve, amongst other things, a final dividend of 4.8 pence per ordinary share, which, if approved, will be paid on 5 October 2018 to those shareholders on the register at the close of business on 13 September 2018.  This dividend will result in a total dividend for the year ended 30 April 2018 of 7.0 pence per ordinary share.

Enquiries:
Gateley (Holdings) Plc Neil Smith, Finance Director	Tel: [phone]
Nick Smith, Acquisitions Director and Head of Investor Relations	Tel: [phone]
Cara Zachariou, Head of Communications	Tel: [phone] or [phone]

 

Cantor Fitzgerald Europe - Nominated adviser and broker
David Foreman, Marc Milmo, Michael Boot (Corporate Finance)	Tel: [phone]
Caspar Shand Kydd (Sales)
Arden Partners - Broker
John Llewellyn-Lloyd, Benjamin Cryer (Corporate Finance)	Tel: [phone]
James Reed-Daunter (Corporate Broking)
IFC Advisory - Financial PR adviser	Tel: [phone]
Tim Metcalfe,  Miles Nolan

 

END

 

 

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