TIDMARBB

RNS Number : 5861F

Arbuthnot Banking Group PLC

22 February 2018

ARBUTHNOT BANKING GROUP PLC

22 February 2018

Pre close Trading Update

Arbuthnot Banking Group PLC ("Arbuthnot" or "the Group") today issues a pre close trading update ahead of its final results announcement for the year ended 31 December 2017 which is scheduled for 28 March 2018.

The Group continued to trade well in the fourth quarter of 2017 and as a result anticipates reporting full year 2017 pre-tax profits in line with market expectations.

As previously announced, the Group continues to explore opportunities to develop new businesses organically, thereby diversifying its sources of income, and the Group will update on progress of these initiatives in the final results. The launch of such new businesses in 2018 will be supported by certain upfront investment, such as the hiring of additional teams.

Enquiries:

 
 Arbuthnot Banking Group    0207 012 2400 
 

Sir Henry Angest, Chairman and Chief Executive

Andrew Salmon, Group Chief Operating Officer

James Cobb, Group Finance Director

 
 Stifel Nicolaus Europe Ltd trading 
  as KBW (Nomad and Joint Broker)      0207 710 7600 
 

Robin Mann

Gareth Hunt

Stewart Wallace

 
 Numis Securities Ltd (Joint Broker)    0207 260 1000 
 

Chris Wilkinson

Maitland

 
 Sam Cartwright    0207 379 5151 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

February 22, 2018 02:01 ET (07:01 GMT)

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