Gocompare.com Group plc GoCompare.com Group plc Capital Markets Day (3680T)
March 20 2019 - 3:00AM
UK Regulatory
TIDMGOCO
RNS Number : 3680T
Gocompare.com Group plc
20 March 2019
GoCompare.com Group plc
20 March 2019
GoCompare.com Group plc Capital Markets Day - 20 March 2019
GoCompare.com Group plc is today hosting its first Capital
Markets Day for investors and analysts.
The event will be hosted by Matthew Crummack, Chief Executive
Officer, and Nick Wrighton, Chief Financial Officer, together with
other members of the senior management team.
The presentations will focus on Group strategy and will provide
an update on the latest market trends, detailing how the Group is
positioning itself to take advantage of the significant market
opportunity of saving people time and money. In addition, the event
will provide attendees with the opportunity to gain further insight
into the following:
-- Our Tech platform
-- A deep-dive into the performance of the core GoCompare business
-- An update of our recent acquisitions including Energylinx and MyVoucherCodes
-- The launch of our new automated savings proposition, weflip
To reflect our evolution from being a one-brand business -
GoCompare - to a multi-platform group covering Comparison, Rewards
and now weflip, we are proposing to change the name of the company
to GoCo Group, subject to shareholder approval at our upcoming
AGM.
Matthew Crummack, Chief Executive Officer, comments:
"We believe there is a substantial opportunity in addressing the
'infrequent switchers' and that we have the skills, technology and
discipline to exploit this. We now intend to move quickly and
decisively to capture this market.
"Our strategy is to build a scalable set of technology services
which will enable us to further optimise and grow our core
GoCompare and MyVoucherCodes brands, while innovating with our
weflip brand to unlock an exceptional medium-term growth
opportunity.
"We are also announcing a proposed change of name for the
company to 'GoCo Group plc', reflecting the transformation of the
Group since we listed on the FTSE in November 2016. We will seek
shareholder approval for this name change at the Annual General
Meeting in May."
Presentation materials will be made available on our updated
group website www.gocogroup.com following today's event, along with
a replay of the presentations.
No material new information or update on trading will be
provided.
For further information:
Alex Jessop Anders Nilsson
VP Investor Relations Head of External Communications
GoCompare Group GoCompare Group
t: 07927 571 959 t: 01633 654 054
e: IR@gocompare.com e: anders.nilsson@gocompare.com
Chris Barrie / Jos Bieneman / Elizabeth
Kittle
Citigate Dewe Rogerson
t: 0207 638 9571
e: gocompare@citigatedewerogerson.com
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END
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