AGM Statement

RNS Number : 0545D

W.H. Ireland Group PLC

25 March 2014

 



25 March 2014

WH Ireland Group Plc

("WH Ireland" or the "Company")

AGM Statement

At the Company's Annual General Meeting, to be held at 10 a.m. today, the Chairman of WH Ireland, Rupert Lowe, will make the following statement:

"Since the announcement of our 2013 final results, issued on 26 February 2014, the Company has continued to trade in line with our expectations.

Corporate broking has continued to increase the number of its corporate clients and the pipeline of potential new business activity remains strong whilst trading and fund raising activity has also remained robust. We continue to recruit staff to expand the division's capability and reach.  

The Private Wealth Management division continues to make significant progress in developing its investment proposition and in growing its asset base, including through the launch of a new office in the Isle of Man. We have recently appointed and continue to engage with additional individuals who might wish to join us in both London and our regional offices.

We have today separately announced the appointment of Tim Steel, formally vice-Chairman of Cazenove Capital Management, as a non-executive director of the Company; this, together with the recent appointment of Dan Cowland as Finance Director, has significantly strengthened our Board to deliver our growth strategy.

Overall, we are encouraged by the start to the year and have confidence in WH Ireland's prospects".

For further information please contact:

WH Ireland Group plc                                                                     www.wh-ireland.co.uk

Richard Killingbeck, Chief Executive Officer                                      [phone]

Panmure Gordon (UK) Limited                                                      

Hugh Morgan, Corporate Finance                                                      [phone]

Adam Pollock, Corporate Broking     

MHP Communications

Reg Hoare / Jade Neal / Jamie Ricketts                                             [phone]                                                                                                                        [e-mail]

 

END

 

 

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