Frenkel Topping Group PLC Trading Statement (1209W)
09 Dicembre 2019 - 8:00AM
UK Regulatory
TIDMFEN
RNS Number : 1209W
Frenkel Topping Group PLC
09 December 2019
LEI 213800I5L3K7AT7A4R20
Frenkel Topping Group plc
("Frenkel Topping" or the "Company")
Trading Update
Frenkel Topping, the specialist independent financial advisor
and asset manager focused on asset protection for vulnerable
clients, is pleased to provide the following update ahead of its
year end on 31 December 2019.
The Company has made good progress in the period under review
driven by organic growth and new business, which has increased AUM
despite the continuing political uncertainty and weakness in
equities, and the Company is also pleased to see continued high
client retention rates. The Board therefore expects that the
Company's trading for the full year will be in line with management
expectations.
The expectations noted above are subject to the completion of
year-end financial close and audit processes. A comprehensive
update and review with be provided with the Company's annual
results, which are expected to be announced on Thursday 9
April.
Richard Fraser, Chief Executive Officer of Frenkel Topping Group
plc, said: "I am pleased to report our full year results are
expected to be in line with management's expectations. This has
been another period of strong progress as we continue to benefit
from the investments we made, which have created value across the
business and a robust platform for growth."
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014."
For further information:
Frenkel Topping Group plc www.frenkeltopping.co.uk
Paul Richardson, Non-executive Chairman Tel: 0161 886 8000
Richard Fraser, Chief Executive Officer
Stephen Bentley, Chief Finance Officer
Mark Holt, Group Commercial Director
finnCap Ltd Tel: 020 7220 0500
Carl Holmes/James Thompson (Corporate
Finance)
Tim Redfern / Richard Chambers (ECM)
TB Cardew frenkeltopping@tbcardew.com
Tel: 020 7930 0777
Tom Allison M: 07789 998 020
Shan Shan Willenbrock M: 07775 848 537
Olivia Rosser
About Frenkel Topping: www.frenkeltopping.co.uk
Frenkel Topping provides specialist independent financial advice
focussed on asset protection for clients. The specialist
independent financial adviser has a market leading position
providing advice and fund management services for personal injury
and clinical negligence awards and is well placed to provide
services to a wider customer base.
The Company provides a range of wealth management services
including bespoke investment portfolios, personal and corporate
financial advice and tax planning. It is focused on increasing its
assets under management by continued growth of the business by an
increase in the number of highly qualified fee earners for the
provision of its industry leading specialisms.
It has a national presence with offices in Manchester,
Birmingham, Cardiff and London and has relationships and
infrastructure in place to further grow its reach and target
markets.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
TSTBLBDDCBGBGCR
(END) Dow Jones Newswires
December 09, 2019 02:00 ET (07:00 GMT)
Grafico Azioni Frenkel Topping (LSE:FEN)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Frenkel Topping (LSE:FEN)
Storico
Da Apr 2023 a Apr 2024