Sigma Capital Group PLC Trading Update (8408T)
11 January 2017 - 6:00PM
UK Regulatory
TIDMSGM
RNS Number : 8408T
Sigma Capital Group PLC
11 January 2017
11 January 2017
AIM: SGM
Sigma Capital Group plc
("Sigma" or the "Company")
The private rented sector ("PRS") and urban regeneration
specialist
Trading update
Sigma, the PRS and urban regeneration specialist is pleased to
provide a trading update for the financial year ended 31 December
2016.
The Company continues to make encouraging progress and results
for the year are expected to be broadly in line with current market
expectations. This has been achieved without the benefit of the
launch of an additional phase of managed PRS before the year end
and reflects a better than expected performance from both Sigma's
own self-funded activities and its regeneration projects with local
authorities.
Prospects for the new financial year remain positive, with a
substantial pipeline of qualified development opportunities and
strong rental demand across the portfolios.
The Board expects to announce full year results in April when an
update on current trading will be also provided.
Enquiries:
Sigma Capital Graham Barnet, Chief Executive T: 020 3178 6378 (today)
Group plc
Malcolm Briselden, Finance T: 0131 220 9444
Director
KTZ Communications Katie Tzouliadis, Emma T: 020 3178 6378
Pearson
N+1 Singer James Maxwell, Sandy Ritchie T: 020 7496 3000
(NOMAD and Broker)
About Sigma Capital Group plc
www.sigmacapital.co.uk
Sigma is a private rented sector, residential development, and
urban regeneration specialist, with offices in Edinburgh,
Manchester and London. Sigma's principal focus is on the delivery
of large scale housing schemes for the private rented sector. It
has a well-established track record in assisting with
property-related regeneration projects in the public sector, acting
as a bridge between the public and private sectors.
This information is provided by RNS
The company news service from the London Stock Exchange
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