Equiniti Group PLC AGM AND TRADING UPDATE (8210X)
02 May 2019 - 4:00PM
UK Regulatory
TIDMEQN
RNS Number : 8210X
Equiniti Group PLC
02 May 2019
Equiniti Group plc
Incorporated in England and Wales
Registration number: 07090427
LEI: 213800TS721HGE2JIV94
ISIN: GB00BYWWHR75
2 May 2019
EQUINITI GROUP PLC - AGM AND TRADING UPDATE
Equiniti Group plc ("Equiniti" or "the Group"), an international
technology-led services and payments specialist, is holding its
Annual General Meeting today and is issuing the following trading
update covering progress to date in 2019.
TRADING
The year has started well and the Board is confident of
delivering in line with expectations for full year 2019.
The fidelity of our blue-chip client base remains high and all
renewing relationships have been continued, including clients such
as ABF, Fresnillo, M&G Prudential, Comcast and Proctor &
Gamble. There have also been encouraging new client wins in the
period and we are pleased to have secured new mandates across all
of our divisions including National Grid, Danske Bank and DWF in
the UK, and WABTEC and Cincinnati Financial in the US, along with a
number of significant wins in our Pension Solutions business.
Trading in the US has been pleasing and integration is
proceeding in accordance with previous guidance, with the
separation of the business from Wells Fargo anticipated to conclude
by June 2019.
OUTLOOK
Equiniti's specialist and non-discretionary services are largely
insulated from the continuing uncertainty in the macro-economic
environment and our expectations for full year 2019 remain
unchanged.
For further information please contact:
Analyst/Investor enquiries:
Equiniti Group plc Guy Wakeley, Chief Executive +44 (0) 207 469
1811
John Stier, Chief Financial Officer
Frances Gibbons, Head of Investor Relations
Media enquiries:
Temple Bar Advisory Alex Child-Villiers + 44 (0) 7795 425580
Will Barker + 44 (0) 7827 960151
Forward-looking statements
This announcement contains forward-looking statements regarding
Equiniti. These forward-looking statements are based on current
information and expectations, and are subject to risks and
uncertainties, including market conditions and other factors
outside of Equiniti's control. Readers are cautioned not to place
undue reliance on the forward-looking statements contained herein,
which speak only as of the date hereof. Equiniti undertakes no
obligation to publicly update any forward-looking statement
contained in this release, whether as a result of new information,
future developments or otherwise, except as may be required by
law.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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