Trading Statement (1766F)

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RNS Number : 1766F

Quayle Munro Holdings PLC

13 June 2012

Quayle Munro Holdings PLC

("Quayle Munro" or the "Group")

Trading Statement

The Group announced within the Interim Report for the six months to 30(th) December 2011, that the record performance of the previous two financial years was unlikely to be matched in the current financial year, taking into account prevailing market conditions and the associated difficulty in anticipating the timing of deal completions.

The Board now expects that the number of transactions completing, and the associated revenues to be invoiced, in the second half of the year ending 30(th) June 2012, will be significantly lower than in the first half. This is likely to result in a pre tax loss at Group level for the full financial year.

The Board continues to be encouraged by the pipeline of new and existing advisory business, with the possibility of major transaction completions in the early months of the new financial year.

 
Enquiries: 
Quayle Munro Holdings PLC:      +44 (0) 207 907 4200 
Andrew Adams, Chief Executive 
 
N+1 Brewin LLP (Nominated 
 Adviser)                       +44 (0) 131 529 0272 
Sandy Fraser

This information is provided by RNS

The company news service from the London Stock Exchange

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