AGM Statement

RNS Number : 7128N

Mortgage Advice Bureau(Holdings)PLC

20 May 2015

 

20 May 2015

Mortgage Advice Bureau (Holdings) plc

AGM Statement

Mortgage Advice Bureau (Holdings) plc ("MAB" or "the Group"), one of the UK's leading networks for mortgage intermediaries, will hold the Company's Annual General Meeting at 2pm today during which the Non-executive Chairman,  Katherine Innes Ker, will make the following statement:

"We are encouraged by the recent general election result and the implications for the housing market within the UK economy.

"Adviser numbers have continued to grow since our final results statement on 26 March 2015 and had increased to 702 advisers as at 15 May 2015.

"We are delighted to welcome Lucy Tilley ACA as Finance Director, fulfilling a commitment made at the time of the IPO.  Lucy replaces Paul Robinson, and her skills and experience have strengthened the Board.  I would like to thank Paul for his valued contribution to MAB over the last 15 years. We are delighted that he will remain as Company Secretary.

"The Board remains confident of delivering further growth in 2015. Current trading is in line with the Board's expectations. We remain focussed on building MAB's position as both a leading UK consumer intermediary brand and a specialist Appointed Representative Network."

Enquiries:

Mortgage Advice Bureau (Holdings) plc                                                                     [phone]

Peter Brodnicki, Chief Executive Officer

David Preece, Chief Operating Officer

Lucy Tilley, Finance Director

Nominated Adviser and Broker:

Canaccord Genuity                                                                                                             [phone]

Martin Green

Sunil Duggal

Pippa Underwood

Media Enquiries:

Instinctif Partners                                                                                                               [phone]

Nick Woods

 

END

 

 

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