JTC PLC Trading Update (9797N)
24 January 2019 - 6:00PM
UK Regulatory
TIDMJTC
RNS Number : 9797N
JTC PLC
24 January 2019
24 January 2019
JTC PLC
(the "Company" and together with its subsidiaries "JTC" or the
"Group")
Trading Update
JTC, the award winning provider of fund, corporate and private
wealth services to institutional and private clients, today issues
the following trading update following the Company's financial year
end on 31 December 2018.
JTC has maintained good momentum through the second half of the
year in both divisions and continues to deliver on the strategic
and financial initiatives outlined at the time of its initial
public offering. As a result, the Board expects that full year
results will be in line with management expectations.
Nigel Le Quesne, CEO of JTC PLC, said:
"We have built on a solid first half performance with continued
progress towards our goals in the second half of the year.
Integration of both the Van Doorn and Minerva acquisitions has been
as planned, including synergies and the transfer of new business
pipeline and connected relationships, with positive feedback from
clients and staff. We remain confident in our pipeline and new
business wins across both divisions, incremental improvements in
our global operating model and the continued opportunities for
acquisitive growth. Importantly, our people remain at the heart of
the business and we concluded 2018 by communicating to staff the
latest iteration of our 'Ownership for All' programme, which
updates it for the listed environment and supports JTC's long and
established record of shared ownership for all employees."
The Company will announce its full year results for the year
ended 31 December 2018 on Wednesday 3 April 2019.
Enquiries:
JTC PLC +44 (0) 1534 700 000
Nigel Le Quesne, Chief Executive Officer
Martin Fotheringham, Chief Financial Officer
David Vieira, Chief Communications Officer
Camarco +44(0)20 3757 4985
Geoffrey Pelham-Lane
Kimberley Taylor
Sophie Boyd
About JTC
JTC is an award-winning provider of fund, corporate and private
wealth services to institutional and private clients. The Company
has a global presence, with over 650 staff operating from a network
of 20 offices and assets under administration totalling c. US$ 100
billion.
JTC remains fully committed to its shared ownership culture and
philosophy, with management and staff continuing to hold over 20%
of the equity in the firm, clearly aligning the interests of
clients, employees and other stakeholders.
www.jtcgroup.com
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
TSTUSUNRKUAAURR
(END) Dow Jones Newswires
January 24, 2019 02:00 ET (07:00 GMT)
Jtc (LSE:JTC)
Historical Stock Chart
From Apr 2024 to May 2024
Jtc (LSE:JTC)
Historical Stock Chart
From May 2023 to May 2024