7 Mar 2016 13:58
Arden Partners plc ("Arden" or the "Company")
AGM Statement
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Arden Partners plc (LSE:ARDN) - Peter Moon, Non-Executive Chairman of Arden, will deliver the following statement at the Company's Annual General Meeting which is being held at 14:00 today, March 7th 2016.
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"As indicated in my statement in the Annual Report & Accounts, the trading environment for the broking sector remains extremely challenging and which, in recent months, has been exacerbated by global market volatility and low volumes.
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We have however completed 6 pieces of corporate business since the turn of our financial year and are currently active in working to deliver several other mandates, subject to market conditions.
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Following my earlier announcement that I will be stepping down as a Director and Chairman of Arden at the conclusion of the AGM, I would like to thank my colleagues on the Board, as well as the entire staff, for their help and support during my time at the Company, they have been a pleasure to work with.
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Luke Johnson will be taking up the role of Chairman and I wish him and Arden every success for the future."
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Enquiries:
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Arden Partners plc
Steve Wassell - Company Secretary - 0121 423 8990
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Altium
Sam Fuller - 0207 484 4040
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