Arden Partners plc AGM Trading Update (2297T)
24 Marzo 2021 - 08:00AM
UK Regulatory
TIDMARDN
RNS Number : 2297T
Arden Partners plc
24 March 2021
Arden Partners plc
("Arden" or the "Company")
AGM Trading Update
Arden Partners plc (LSE: ARDN) provides the following trading
update in advance of the Company's Annual General Meeting which is
being held today at 1.00pm.
Trading since the announcement of our FY20 results on 16
February 2021 has remained strong, with all areas of the business
performing well.
In the current financial year to date, we have completed seven
secondary equity fundraisings, raising in excess of GBP75m for our
clients compared to GBP90m raised in the whole of the previous
financial year. We have also completed a number of M&A
transactions. We have maintained our focus on increasing our share
of fees on transactions in line with our relative performance on
them.
Our deal pipeline remains strong, including a number of IPOs
which we plan to bring to market over the coming months.
Market sentiment has remained positive and lower levels of
volatility have created a favourable environment for the equities
division.
We are focused on sustaining this positive momentum across the
business and remain confident of returning to profitability this
year.
For further information, please contact:
Arden Partners plc 020 7614 5900
Donald Brown - Chief Executive Officer
James Reed-Daunter - Executive Director
Steve Douglas - Group Finance Director
GCA Altium Limited (NOMAD) 020 7484 4040
Tim Richardson
Notes for editors:
Arden is a dedicated corporate adviser and multi-service
stockbroker to small and mid-cap companies in the UK and their
investors.
The absolute core of our business is the effective management of
the needs of our significant and growing base of corporate clients,
and the effective support of their relationships with existing and
potential shareholders.
These relationships are enhanced by the quality of our corporate
finance advice and industry research, and the strong market
presence of our sales and trading teams.
Our corporate finance capabilities encompass M&A, corporate
finance advisory, broking and Sponsor and NOMAD services. We
represent our clients in private transactions and AIM and Main
Market share issues.
Our research is designed to be sector focused, concentrating on
top down thematic trends which highlight companies giving investors
an exposure to the real growth areas of the small-cap and AIM
markets.
It is the job of the sales team to keep institutions abreast of
these themes and stock ideas. When there is a requirement for our
corporate clients to raise money to fulfil their growth ambitions,
the sales team is in a strong position to effect this, with its
entrenched relationships with the UK institutional and
non-institutional markets.
Our market making and trading teams provide liquidity in the
shares of our corporate clients. We also trade the shares of
non-client corporates on behalf of institutions.
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END
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