Gateley (Holdings) PLC AGM Statement (8883R)
September 27 2017 - 2:00AM
UK Regulatory
TIDMGTLY
RNS Number : 8883R
Gateley (Holdings) PLC
27 September 2017
27 September 2017
Gateley (Holdings) Plc
("Gateley" or the "Company" or the "Group")
AGM Statement
Gateley (AIM:GTLY), the national commercial law and
complementary professional services group, is today holding its
Annual General Meeting at 12.30pm at the Company's offices at One
Eleven, Edmund Street, Birmingham, B3 2HJ. The Non-Executive
Chairman, Nigel Payne, will make the following statement at the
meeting:
"The Board is pleased to report that the business continues to
perform well and is trading in line with management's expectations.
Following a year of significant expansion and investment, Gateley
continues to achieve solid organic growth, whilst remaining focused
on the execution of its stated ambition of seeking complementary
acquisitions which are earnings accretive to the Group. Driven by
the strength of its service offering, its ability to retain and
attract excellent staff and expand on existing client
relationships, Gateley remains well placed for the future. Further
new recruits have settled in well across the Group including
professional staff in Gateley Hamer, Gateley Capitus and across its
core national legal divisions.
In the last financial year, Gateley has introduced a range of
employee share schemes that enable all staff to acquire shares and
participate in its long term financial success. We were delighted
with the staff response to these schemes and the extent of the
staff participation.
At the AGM shareholders are being asked today to approve,
amongst other things, a final dividend of 4.4 pence per ordinary
share, which, if approved, will be paid on 4 October 2017 to those
shareholders on the register at the close of business on 8
September 2017. This dividend will result in a total dividend for
the year ended 30 April 2017 of 6.6 pence per ordinary share.
Finally, the Board notes that today is the last day of Michael
Seabrook's term of office as a director of the Company. The Board
would like to thank Michael for his service and wish him well for
the future. In addition, today we welcome Suki Thompson to the
Board and we look forward to benefitting from her experience and
working with her."
Enquiries:
Gateley (Holdings) Plc
Neil Smith, Finance Director Tel: +44 (0) 121 234 0196
Nick Smith, Acquisitions Director and Head of Investor Relations Tel: +44 (0) 20 7653 1665
Cara Zachariou, Head of Communications Tel: +44 (0) 121 234 0074 or
+44 (0) 7703 684 946
Cantor Fitzgerald Europe - Nominated adviser and broker
David Foreman, Marc Milmo, Callum Butterfield (Corporate Finance) Tel: +44 (0) 20 7894 7000
Mark Westcott, Alex Pollen, Caspar Shand Kydd (Sales)
Arden Partners - Broker
John Llewellyn-Lloyd, Benjamin Cryer (Corporate Finance) Tel: +44 (0) 20 7614 5900
James Reed-Daunter (Corporate Broking)
IFC Advisory - Financial PR adviser Tel: +44 (0) 20 3053 8671
Tim Metcalfe, Graham Herring, Miles Nolan
This information is provided by RNS
The company news service from the London Stock Exchange
END
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