Numis Corporation PLC
3 April 2002
EMBARGOED FOR RELEASE 7.00 AM WEDNESDAY 3 APRIL 2002
Trading statement for the six months ended 31 March 2002
Numis Corporation Plc ('Numis' or 'the Company')
The Board of Numis announces that its interim results for the six months ended
31 March 2002 will be announced on or around 10 May 2002 and are expected to be
significantly ahead of the interim results announced for the six months ended 31
March 2001.
When the Company announced its final results for the twelve months ended 30
September 2001 on 14 December 2001 it commented that the current financial year
had started well and it had recently acted as adviser and broker to two clients
in the insurance sector raising in excess of £180 million. Although the Company
remains cautious in current market conditions, the year has continued well and
it believes that it has an adequate pipeline of corporate transactions.
Furthermore, commissions from the secondary market and trading profits have been
satisfactory in difficult market conditions.
In addition, during the first half of the current financial year, the group sold
260,000 shares in the London Stock Exchange Plc, giving rise to an exceptional
gain of in excess of £1 million. The Group's balance sheet is strong with net
cash balances in excess of £11 million.
End
3 April 2002
Contacts - Duncan Sweetland, Numis Corporation plc - 020 776 1500
Alasdair Robinson, Noble & Company Limited - 0131 225 9677
This information is provided by RNS
The company news service from the London Stock Exchange
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