Brady plc AGM Statement (5318A)
May 30 2019 - 1:00AM
UK Regulatory
TIDMBRY
RNS Number : 5318A
Brady plc
30 May 2019
30 May 2019
Brady plc
("Brady", the "Company" or the "Group")
AGM Trading Statement
Brady plc (BRY.L), a leading global provider of trading, risk
management and settlement solutions to the energy and commodities
sectors is holding its Annual General Meeting ("AGM") at 12.00pm
today.
At the AGM, Ian Jenks, Non- Executive Chairman of Brady plc,
will make the following statement:
"The Company has made substantial progress in the first four
months of the year. As a result, we are delighted to report that
trading to the end of April 2019 is in line with management's
expectations. Under the leadership of our new Chief Executive,
Carmen Carey, our new sales pipeline is building, and I look
forward to providing a further update in the Interim Results which
we expect to be released in September.
In March 2019 we strengthened our Board with the Non-Executive
appointments of Dan Look (former head of the commodity and energy
trading consulting group at Baringa) and Iain Greig (former CTO of
LME Clear). Their market and technical expertise, together with
their enthusiasm is already starting to have a positive effect
within the Company."
For further information please contact:
Brady plc Telephone: +44(0)1223 479479
Carmen Carey, Chief Executive Officer
Martin Thorneycroft, Chief Financial
Officer
Cenkos Securities plc - NOMAD and Telephone: +44 (0)20 7397 8900
broker
Mark Connelly
Newgate Communications Telephone: +44 (0)20 7382 4730
Bob Huxford / Ian Silvera/ Megan Kovach
About Brady
Brady plc (BRY.L) is the largest European-headquartered provider
of trading and risk management software to the global commodity and
energy markets. Brady combines fully integrated and complete
solutions supporting the entire commodity trading operation, from
capture of financial and physical trading, through risk management,
handling of physical operations, back office financials and
treasury settlement, for energy, refined and unrefined, soft
commodities and agriculturals.
Brady has 30 years' expertise in the commodity markets with some
300 customers worldwide, who depend on Brady's software solutions
to deliver vital business transactions across their global
operations. Brady clients include many of the world's largest
financial institutions, trading companies, miners, refiners and
producers, tier one banks and a large number of London Metal
Exchange (LME) Category 1 and 2 clearing members and many leading
European energy generators, traders and consumers.
For further information visit: www.bradyplc.com
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END
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