AGM Statement

RNS Number : 9856G

Frenkel Topping Group PLC

14 May 2014

 



14 May 2014

 

Frenkel Topping Group plc

("Frenkel Topping", "the Company" or, together with its subsidiaries "the Group")

AGM Statement

Frenkel Topping (AIM:FEN), the provider of specialist independent financial advice on the investment of personal injury damages and clinical negligence, will be holding its Annual General Meeting in Manchester at 10:00 a.m. today. 

At the meeting, David Southworth, Chairman of the Frenkel Topping, will make the following statement:

"Trading since the start of the year is in line with market expectations. The Board is pleased to announce that the Funds in the Investment Management Service has continued to increase steadily during the period, and the Group's best of breed investment offering and innovative investment platform continues to be well received by our clients. The Company remains committed to its clients and continues to pride itself on its 99% client retention rate, for a record five years. The Group continues to support charitable organisations across the UK, and we look forward to continuing to work with our selected charities during the current year.

"The Company is also proud that this year marks the 25-year anniversary of the landmark case of Kelly vs. Dawes which resulted in Cathy Kelly, who suffered a life changing injury, being awarded Britain's first ever structured settlement known as a Periodical Period Payment ("PPO") of which Frenkel Topping was an integral part. This created a momentous legacy for Cathy and has positively impacted the lives of many other individuals.

"The Board believes that due to the Group's robust financial position, coupled with our leading technology platform, Frenkel Topping will be able to continue to deliver profitable growth during this landmark year for the field of personal injury."

- Ends -

For further information please contact:

Frenkel Topping Group Plc
Richard Fraser, Chief Executive	Tel: [phone]
Shore Capital
Pascal Keane / Patrick Castle	Tel:+44  (0)20 7408 4090

Media enquiries:

Abchurch
Joanne Shears / Jamie Hooper	Tel: [phone]
[e-mail]	www.abchurch-group.com

 

Notes to Editors:

Frenkel Topping Limited (Frenkel Topping) is the trading subsidiary of Frenkel Topping Group Plc. 

Frenkel Topping provides specialist independent financial advice on the investment of personal injury damages and clinical negligence awards. Frenkel Topping offers a complete service for all personal injury claims handlers, lawyers and individual clients, dealing with awards from a few thousand pounds to multi-million pound cases.  Frenkel Topping's expertise includes asset protection, bespoke investment portfolios, analysis of periodical payments, Court of Protection portfolios and provision and setting up of trustee and receivership bank accounts.  Frenkel Topping currently has £578 million of client's funds in its investment management service.

 

END

 

 

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