Trading Update

RNS Number : 2723E

finnCap Group PLC

10 March 2022

 

10 March 2022

finnCap Group PLC

Trading Update

FY 22 Revenues to exceed £45-£50m guidance range

finnCap Group PLC ("finnCap" or the "Company" or the "Group"), a leading provider of strategic advisory and capital raising services to growth companies, is pleased to confirm that unaudited revenue for the year to date has now exceeded the top end of its £45-£50m guidance range.

Sam Smith, CEO commented:

"With further potential deals to close, the Group is set to deliver record revenue for FY22.  We have seen the real benefits of diversifying our products and customer base with a particularly good performance in ECM in complex markets and another strong half year in M&A."

 Contacts:

finnCap Group plc                                                                                Tel: [phone]

Sam Smith, Chief Executive Officer
Richard Snow, Chief Financial Officer

Grant Thornton (Nominated Adviser)                                                Tel: [phone]

Philip Secrett/Samantha Harrison/George Grainger  

Oberon Capital  (Joint Broker)                                                             Tel: [phone]

Mike Seabrook

finnCap Ltd (Joint Broker)                                                                  Tel: [phone]

Rhys Williams/Tim Redfern

 Hudson Sandler (PR Adviser)                                                              Tel: [phone]

Dan de Belder/Rebekah Chapman

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

About finnCap

finnCap Group provides strategic advice, capital raising and related services to corporate and institutional clients and high net worth investors including private equity and family offices.  Established in 2007 the Group has built a strong track record in equity advice and fund-raisings, public and private M&A, debt arrangement and advice and act as NOMAD for clients listed on AIM with a particular focus on the technology, life sciences, consumer and business services sectors.

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