For immediate release |
21 September 2016 |
Gateley (Holdings) Plc
('Gateley' or the 'Group')
AGM Statement
Gateley (Holdings) Plc (AIM:GTLY), a leading national full-service commercial law firm, is pleased to provide the following update prior to its Annual General Meeting to be held today at 12:30pm.
The Board is pleased to report that the business continues to trade and grow in line with expectations with the Group continuing to make good progress with its strategy of combining organic and acquisitive growth.
The new Reading office continues to develop and the recruitment of new partners to the business is progressing well.
The Group's strategy of acquiring complementary earnings enhancing businesses continues with the completion of Gateley Capitus Limited in April 2016 and the more recent acquisition of Gateley Hamer Limited.
At the AGM shareholders are being asked today to approve, amongst other things, a final dividend of 3.764 pence per ordinary share, which, if approved, will be paid on 28 September 2016 to those shareholders on the register at the close of business on 2 September. This dividend will result in a total dividend for the twelve month period ended 30 April 2016 of 5.659 pence per ordinary share.
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Enquiries: |
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Gateley (Holdings) Plc Neil Smith, Finance Director |
Tel: +44 (0) 121 234 0196 |
Nick Smith, Acquisitions Director and Head of Investor Relations |
Tel: +44 (0) 20 7653 1665 |
Matt Taylor, Interim Head of Communications |
Tel: +44 (0) 121 212 7852 |
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Cantor Fitzgerald Europe - Nominated Adviser and Broker |
Tel: +44 (0) 20 7894 7000 |
David Foreman / Marc Milmo / Michael Reynolds (Corporate Finance) |
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Mark Westcott / Caspar Shand Kydd (Sales) |
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Buchanan - Financial PR Adviser |
Tel: +44 (0) 20 7466 5000 |
Henry Harrison-Topham / Jamie Hooper / Jane Glover |
Gateley@buchanan.uk.com |