Animalcare Group PLC AGM Statement (2569X)
November 18 2014 - 02:00AM
UK Regulatory
TIDMANCR
RNS Number : 2569X
Animalcare Group PLC
18 November 2014
Animalcare Group plc
("Animalcare")
AGM Statement
Animalcare (AIM: ANCR), a leading supplier of veterinary
medicines, will hold its Annual General Meeting at its head office,
10 Great North Way, York Business Park, York YO26 6RB at 11.30am
today.
Ahead of the formal proceedings, Chairman James Lambert will
provide the following update to shareholders:
"The Board is pleased to announce that trading in the first four
months of the financial year is ahead of prior year and in line
with management expectations.
Our investment in the infrastructure of the business is starting
to deliver returns, including positive results from key account
management and our new telesales team. Our product development
pipeline is progressing well against internal project management
milestones.
We announced on 15th October 2014, that the Board has proposed
the payment of an increased final dividend of 4.0 pence per share,
giving a total dividend for the year of 5.5 pence per share,
representing a 3.8% increase on the prior year. Formal approval
will be sought at the AGM today.
Together with my fellow Board members, we would like to take
this opportunity to thank our valued shareholders and stakeholders.
The management of Animalcare has worked hard to build a solid
foundation for the business, on which to deliver a step change in
product development and sustained growth in the years to come. As a
Board we remain confident that we are on track to deliver results
for the full year in line with market expectations."
For further information, please contact:
Animalcare Group plc Tel: 01904 487 687
Iain Menneer, Chief Executive
Officer
Chris Brewster, Chief Financial
Officer
Panmure Gordon (Nominated Adviser
and Broker)
Joanne Lake/Peter Steel Tel: 0113 357 1150
Walbrook PR Ltd Tel: 020 7933 8780 or animalcare@walbrookpr.com
Paul McManus Mob: 07980 541 893
Lianne Cawthorne Mob: 07584 391 303
Notes to editors
Animalcare is a leading veterinary sales and marketing company
based in York with 57 employees including a field sales force of 16
selling to all veterinary practices around the United Kingdom.
Animalcare has developed a range of generic veterinary medicines
and animal identification products primarily to companion animal
veterinary markets.
Animalcare operates in three product areas:
-- Licensed Veterinary Medicines - a range of branded veterinary
licensed pharmaceuticals sold to veterinary professionals in the UK
and selected markets in Northern Europe. The range can be divided
into four main categories; antibacterials, anaesthetics and
analgesics, Aqupharm intravenous fluids and vitamins &
speciality pharmaceuticals.
-- Companion Animal Identification - Identichip is the
pioneering microchip identification system in the UK. Animalcare
also owns and operates the Anibase database; together the market
leader in electronic identification for pets in the UK.
-- Animal Welfare Products - a range used by veterinary
professionals in the diagnosis and care of their patients, for
example intravenous infusion accessories, ophthalmic instruments,
hygiene solutions and bandages and dressings.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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