Notice of FY22 Trading Update and IMC Presentation

RNS Number : 3242N

Lords Group Trading PLC

20 January 2023

 

For immediate release

20 January 2023

Lords Group Trading plc

('Lords', the 'Company' or the 'Group')

Notice of FY22 Trading Update and Investor Presentation

Lords, a leading distributor of building materials in the UK, will be announcing its trading update for the year ended 31 December 2022 ('FY22') on Wednesday, 25 January 2023. The Company will be presenting on the day via the Investor Meet Company platform at 12:30pm (GMT).

The presentation will enable existing and prospective investors the opportunity to listen to management discuss the Group's FY22 Trading Update.

It will be hosted by Shanker Patel (CEO) and Chris Day (CFO), and there will be an opportunity for Q&A at the end of the meeting.  Questions can be submitted via the Investor Meet Company dashboard at any time during the live presentation.

To sign up to the Lords presentation via Investor Meet Company please click the following link: https://www.investormeetcompany.com/lords-group-trading-plc/register-investor

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FOR FURTHER ENQUIRIES:

Lords Group Trading plc	Via Buchanan
Shanker Patel, Chief Executive Officer	Tel: [phone]
Chris Day, Chief Financial Officer
Cenkos Securities plc (Nominated Adviser & Joint Corporate Broker)	Tel: [phone]
Ben Jeynes / Max Gould / Dan Hodkinson (Corporate Finance)
Alex Pollen (Sales)
Berenberg (Joint Corporate Broker)	Tel: [phone]
Matthew Armitt / Richard Bootle / Ciaran Walsh
Buchanan Communications	Tel: [phone]
Henry Harrison-Topham / Jamie Hooper / Abigail Gilchrist	[e-mail]

Notes to editors:

Lords is a specialist distributor of building, plumbing, heating and DIY goods.  The Group principally sells to local tradesmen, small to medium sized plumbing and heating merchants, construction companies and retails directly to the general public.

The Group operates through the following two divisions:

·   Merchanting: supplies building materials and DIY goods through its network of merchant businesses and online platform capabilities.  It operates both in the 'light side' (building materials and timber) and 'heavy side' (civils and landscaping), through 30 locations in the UK.

·   Heating and Plumbing: a specialist distributor in the UK of heating and plumbing products to a UK network of independent merchants, installers and the general public.  The division offers its customers an attractive proposition through a multi-channel offering.  The division operates over 16 locations enabling nationwide next day delivery service.

Lords was established over 35 years ago as a family business with its first retail unit in Gerrards Cross, Buckinghamshire.  Since then, the Group has grown to a business operating from 46 sites.  Lords aims to become a £500 million turnover building materials distributor group by 2024 as it grows its national presence.

Lords was admitted to trading on AIM in July 2021 with the ticker LORD.L.  For additional information please visit www.lordsgrouptradingplc.co.uk .

 

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