12 May 2021 07:00
12 May 2021
Cenkos Securities plc
("Cenkos" or the "Company")
AGM Statement
Cenkos will be holding its Annual General Meeting later today. In line with the Government's current restrictions on social gatherings this meeting will be a closed meeting and as such, and as previously advised, shareholders will not be admitted to the meeting. The results of voting will be announced following the conclusion of the meeting.
The Board provides the following update prior to holding its Annual General Meeting.
Since the announcement of our 2020 final results issued on 22 March 2021, the Company has continued to trade well, in line with our expectations. We are currently working on several transactions for our clients and the pipeline for the rest of the year gives us grounds for optimism. Whilst we remain mindful that the UK is emerging from the pandemic and continued favourable market conditions cannot be guaranteed, our leading market position means that we are well placed to perform strongly. The Company maintains a strong balance sheet and financial resources well in excess of its regulatory requirements.
As previously announced, Jim Durkin, Chief Executive Officer will not be standing for re-election to the Board at today's Annual General Meeting of the Company and will be retiring from the Company. Immediately following the Annual General Meeting Julian Morse will take up the position of Chief Executive Officer and Jeremy Osler will also take up his role as an Executive Director of the Company.
For further information, please contact:
Cenkos Securities plc
Lisa Gordon, Non-Executive Chairman
Julian Morse, Executive Director Tel: 0207 397 8900
SPARK Advisory Partners Limited
Matt Davis, Nominated Adviser Tel: 0203 368 3552
The Nisse Consultancy - Public relations
Jason Nisse Tel: 07769 688618
Andrew Garfield Tel: 07974 982337