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Gateley (Holdings) (GTLY)

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Thursday 16 July, 2015

Gateley (Holdings)

Pre-Close Trading Update

RNS Number : 1840T
Gateley (Holdings) PLC
16 July 2015
 



For Immediate Release                                                                                                                                    16 July 2015

Gateley (Holdings) Plc

("Gateley" or the "Group")

 

Pre-Close Trading Update

 

Gateley (Holdings) Plc, (AIM:GTLY) a leading national commercial law firm which listed on AIM in June,  announces a pre-close trading update in respect of its wholly owned subsidiary, Gateley Plc (formerly the business of Gateley LLP) for the year ended 30 April 2015.

The Board is pleased to announce that the business continued to perform well in the second half of its financial year. Revenues in the second half continued to demonstrate strong fee income growth and demand for Gateley's services and as a result full year revenue for the Group is expected to be not less than £60 million, representing a 10% increase over 2014 and yielding an EBITDA in line with management expectations.

Gateley will announce its Preliminary Results on 15 September 2015.

Michael Ward, CEO of Gateley, commented:

"We are encouraged to report such a strong trading statement, our first as a public company.  Post-admission to AIM, Gateley continues to trade very well and we look to the future with confidence."

Enquiries:

 

Gateley (Holdings) Plc

 

Nick Smith, Acquisitions Director and Head of Investor Relations

+44 207 653 1665

Cara Zachariou, Head of Communications

+44 121 234 0074 or

+44 7703 684 946

 

 

Cantor Fitzgerald Europe - Nominated adviser and broker

+44 207 894 7000

David Foreman, Michael Reynolds (Corporate Finance)

 

David Banks, Tessa Sillars (Corporate Broking)

 

 

 

Buchanan - Financial PR adviser

+44 207 466 5000

Mark Edwards

[email protected]

Jane Glover

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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