AGM Statement
March 30 2017 - 2:01AM
UK Regulatory
Dow Jones received a payment from EQS/DGAP to publish this press
release.
W.H. Ireland Group PLC (WHI)
AGM Statement
30-March-2017 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
*WH IRELAND GROUP PLC*
('WH Ireland', 'WHI' or the 'Company')
*AGM Statement*
At the Company's Annual General Meeting, to be held later today, the
Chairman, Tim Steel will make the following statement:
'In the Chairman's statement in WH Ireland's report and accounts for the
year ended 30 November 2016, I stated that the Board remained cautiously
optimistic about the year ahead. I am pleased to be able to add some clarity
to that statement nearly four months into our current financial year.
The Private Wealth Management division is transitioning its operational
platform to SEI (Europe) Ltd as planned. This should be effective as of the
beginning of May 2017. WHI's total assets under management have increased to
GBP3.0billion, a 4% increase from the year end. Of this total, discretionary
assets have continued to rise and as at the end of February 2017, amounted
to GBP1.1billion, an increase of over 8% from the year end. Our Wealth
Planning team has also performed well during this period.
Our Corporate Broking division has seen a significant increase in client
activity when compared with the same period last year. We have been involved
in a number of secondary fund raisings including a GBP48m placing for CareTech
Holdings plc last week. In addition, we believe that the strong mandated
pipeline in this division bodes well for the year ahead. The Corporate
Broking division is now led by Adam Pollock, who joined us in March 2017
from Zeus Capital and under his leadership we look forward to further growth
in the client base and activity across this division.'
For further information please contact:
*WH Ireland Group plc * www.whirelandplc.com [1]
Richard Killingbeck, Chief Executive Officer +44(0) 20 7220 1666
+---------------------------------+------------------------+
| | |
|*SPARK Advisory Partners Limited*| |
+---------------------------------+------------------------+
|Mark Brady/Miriam Greenwood |+44(0) 203 368 3551/3550|
+---------------------------------+------------------------+
Language: English
ISIN: GB0009241885
Category Code: MSCM
TIDM: WHI
Sequence No.: 4003
End of Announcement EQS News Service
559875 30-March-2017
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=321301eb6bb574482aedb0f94241d783&application_id=559875&site_id=vwd_london&application_name=news
(END) Dow Jones Newswires
March 30, 2017 02:01 ET (06:01 GMT)
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