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

END

TSTIAMATMBJTBMR

(END) Dow Jones Newswires

April 26, 2017 02:00 ET (06:00 GMT)

Hml (LSE:HMLH)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Hml Charts.
Hml (LSE:HMLH)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Hml Charts.