HML Holdings PLC Trading Update (3117D)
April 26 2017 - 1:00AM
UK Regulatory
TIDMHMLH
RNS Number : 3117D
HML Holdings PLC
26 April 2017
HML Holdings plc
("HML", "the Company" or "the Group")
Trading Update
HML Holdings plc (AIM: HMLH), a leading provider of property
management, insurance and ancillary services to residential
property blocks, announces an update on trading for the 12 month
period ended 31 March 2017 in advance of the expected announcement
of its full year results in late June 2017.
During the 12 month period, the Group has continued to execute
its acquisitive growth strategy completing 6 acquisitions. In
addition, the existing businesses have continued to enjoy organic
growth in units under management. The Company has also undertaken a
GBP2 million placing that was heavily oversubscribed to help fund
this growth and widen the shareholder register. The board
anticipates being able to announce earnings in line with market
expectations.
Robert Plumb, CEO of HML, commented:
"With the continued support of our investor base, we have
substantially grown both our client base and our office network.
With the integrations of the acquisitions well underway we look
forward to an exciting 2018."
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014.
For further information, please contact:
HML Holdings plc
Robert Plumb, Chief Executive Officer
James Howgego, Finance Director Tel: 020 8439 8529
finnCap
Jonny Franklin-Adams / Giles Rolls - corporate finance Tel: 020
7220 0500
Mia Gardner - corporate broking
Tavistock Communications Group
James Verstringhe/Jeremy Carey Tel: 020 7920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
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