Marlowe Holdings Limited Half Year Market Update (2980B)
October 06 2015 - 2:00AM
UK Regulatory
TIDMMRL
RNS Number : 2980B
Marlowe Holdings Limited
06 October 2015
6 October 2015
Marlowe Holdings Limited
(the "Company")
Half Year Market Update
The Company today issues a market update for the six months
ended 30 September 2015.
On 15 May 2015 the Company completed an oversubscribed placing
and appointed a new Board of Directors to pursue investment
opportunities. In the four months since progress has been pleasing
and the Company has identified platform acquisition targets and
bolt-on opportunities in line with its stated investment
strategy.
The targets identified occupy large fragmented markets and
possess annuity-type recurring revenues based on long term
contracts. They are in sectors that have growing barriers to entry,
exhibit a degree of operational complexity and are underpinned by
the customer's obligation to meet strong regulatory and legislative
requirements. The Company continues to focus on target markets that
offer significant scope for further growth through acquisition.
-
The Company's Half Year results will be released on 30 October
2015.
Enquires and further information
Marlowe Holdings Limited
Alex Dacre IR@marloweplc.com
+44 207 248 6700
Cenkos Securities
Nicholas Wells +44 207 397 8920
This information is provided by RNS
The company news service from the London Stock Exchange
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