Skillcast Group PLC AGM Statement (6947P)
June 22 2022 - 1:00AM
UK Regulatory
TIDMSKL
RNS Number : 6947P
Skillcast Group PLC
22 June 2022
22 June 2022
Skillcast Group plc
("Skillcast", the "Group", or the "Company")
AGM statement
Skillcast Group plc, the provider of content and technology for
digital compliance transformation, announces that at the Company's
Annual General Meeting ("AGM"), being held today at 1pm at the
Company's registered office at 80 Leadenhall Street, London, EC3A
3DH, Richard Amos, Chairman, will provide the following update:
"We are pleased to report continuing growth in our revenues and
client base and continue to trade in line with expectations. Both
subscription revenues from our SaaS* products, which make up the
majority of revenues, and ARR** continue to grow on the prior
year.
"Skillcast operates in the non-discretionary end of the
corporate compliance and e-learning market and we remain confident
that we are well placed to weather any future macro-economic
challenges as we continue to help companies build ethical,
inclusive and resilient workplaces. We look forward to providing a
trading update on our half year performance in July 2022."
The notice of AGM contains a resolution to approve the proposed
final dividend of 0.279p per share, details of which were announced
in the Company's final results announcement on 10 May 2022. The
ex-dividend date for this payment is 30 June 2022, the record date
is 1 July 2022 and the expected payment date is on or around 21
July 2022.
The Group will release a trading update for the six months
ending 30 June 2022 in mid-July.
* Software as a Service
** ARR (Annualised Recurring Revenue) is calculated by
annualising revenue recognised in a given month from all client
subscriptions on annual contracts.
For further information, please contact:
Skillcast Group plc
Richard Amos, Chairman
Vivek Dodd, CEO +44 (0) 207 929
Richard Steele, CFO 5000
Allenby Capital Limited (Nominated Adviser
and Broker)
James Reeve / Piers Shimwell (Corporate
Finance) +44 (0) 203 328
Jos Pinnington (Corporate Broking and Sales) 5656
About Skillcast Group plc
Skillcast helps companies build ethical, inclusive, and
resilient workplaces. It provides content and technology to
digitise and streamline compliance processes and manage them from a
single compliance portal. Its product range includes a Learning
management system with comprehensive off-the-shelf compliance
course libraries, a Policy hub, Staff declarations, Anonymous
surveys, CPD tracking, and compliance registers for gifts,
expenses, PA dealing, whistleblowing.
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END
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