AGM Trading Update

RNS Number : 6999A

Knights Group Holdings PLC

27 September 2022

 

Knights Group Holdings plc

("Knights", the "Company" or the "Group")

Annual General Meeting

Knights today holds its Annual General Meeting at 10.00am at its office at The Brampton, Newcastle-under-Lyme, Staffordshire, ST5 0QW.

At the AGM, the Group's Chairman, Bal Johal, will make the following remarks:

Knights delivered a robust financial performance in the last financial year, with strong cash generation and good revenue growth of 22%. This demonstrates the continued resilience of our business model and our people, despite the trading headwinds faced in the last few weeks of the financial year.

The Board is pleased to report that the Group has had a positive start to the new financial year.  It continued to execute its growth strategy with the successful acquisition and integration of Coffin Mew in the first quarter, and conversations with a number of attractive acquisition targets are ongoing. We expect our organic growth to be underpinned by our ability to attract high calibre professionals.

Ends

Enquiries 

Knights
David Beech, CEO	via MHP Communications
Numis (Nominated Adviser and Broker)
Stuart Skinner, Kevin Cruickshank	[phone]
MHP Communications (Media enquiries)
Andrew Jaques, Katie Hunt, Eleni Menikou	[phone] [e-mail]

Notes to Editors

Knights is a fast-growing, legal and professional services business, ranked within the UK's top 50 largest law firms by revenue. Knights was one of the first law firms in the UK to move from the traditional partnership model to a corporate structure in 2012 and has since grown rapidly. Knights has specialists in all key areas of corporate and commercial law so that it can offer end-to-end support to businesses of all sizes and in all sectors. It is focussed on key UK markets outside London and currently operates from 22 offices located in Birmingham, Brighton, Cheltenham, Chester, Crawley, Exeter, Leeds, Leicester, Lincoln, Maidstone, Manchester, Newbury, Nottingham, Oxford, Portsmouth, Sheffield, Southampton, Stoke, Teesside, Weybridge, Wilmslow and York.

 

END

 

 

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