FRP Advisory Group PLC Annual Report & Accounts (0013V)
August 05 2022 - 2:00AM
UK Regulatory
TIDMFRP
RNS Number : 0013V
FRP Advisory Group PLC
05 August 2022
5 August 2022
FRP Advisory Group plc
("FRP" or the "Group")
Annual Report & Accounts
FRP Advisory Group plc, a leading national specialist business
advisory firm, announces that it has published its Annual Report
and Accounts for the year ended 30 April 2022 ("2022 Annual Report
and Accounts"), which is now available on the Group's website at
https://www.frpadvisory.com/investors/financials-documents/.
During the finalisation of the FY 2022 Annual Report &
Accounts, the Group became aware of two inconsistencies within the
FY 2022 Results preliminary announcement, which was issued on 22
July 2022. The Group's prior year headcount for the year ended 30
April 2021 was 457 Colleagues, excluding consultants, rather than
438. There has also been a presentational change in the Group's
cashflow statement, where an operating outflow has been
reclassified to investing activities, from a reduction in payables
to an increase in acquisition of subsidiaries less cash acquired in
the year ended 30 April 2022. This has no impact on the Group's
year end net cash position of GBP18.1 million, as announced.
An updated version of the Group's FY 2022 results presentation
has been uploaded to Group's website.
Enquiries:
FRP Advisory Group plc
Geoff Rowley, CEO
Jeremy French, COO
Gavin Jones, CFO
Enquiries via MHP
Cenkos Securities plc (Nominated Adviser and Sole Broker)
Katy Birkin/Max Gould (Corporate Finance)
Alex Pollen (Sales)
Tel: +44 (0) 207 397 8900
MHP Communications (Financial Public Relations)
Oliver Hughes
Charlie Barker
Pete Lambie
Tel: +44 (0) 3128 8540 / +44 (0) 20 3128 8570
FRP@mhpc.com
Notes to Editors
FRP is a professional services firm established in 2010 which
offers a range of advisory services to companies, lenders,
investors and other stakeholders, as well as individuals. These
services include:
-- Corporate finance: mergers & acquisitions (M&A),
strategic advisory and valuations, financial due diligence, capital
raising, special situations M&A and partial exits.
-- Restructuring advisory: corporate financial advisory, formal
insolvency appointments, informal restructuring advisory, personal
insolvency and general advice to all stakeholders.
-- Debt advisory: raising and refinancing debt, debt amendments
and extensions, restructuring debt, asset based lending and
corporate and leveraged debt advisory.
-- Forensic services: forensic investigations, compliance and
risk advisory, dispute services and forensic technology.
-- Pensions advisory: pension scheme transaction advisory,
pension scheme restructuring advisory, covenant advisory and
corporate governance.
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END
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