Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says.Watch here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFrenkel Topping Regulatory News (FEN)

Share Price Information for Frenkel Topping (FEN)

Share Price is delayed by 15 minutes
Get Live Data
50.00    0.00 (0.00%)
Bid:
49.00
Ask:
51.00
Spread: 2.00 (4.082%)
Market Cap: £61.45m
FEN Live PriceLast checked at - London Stock Exchange

Intraday Frenkel Topping Share Chart

Trading Statement

20 Jan 2014 15:33

RNS Number : 0890Y
Frenkel Topping Group PLC
20 January 2014
 



 

 

Press Release

20 January 2014

 

Frenkel Topping Group plc

 

("Frenkel Topping", "the Company" or, together with its subsidiaries "the Group")

 

Trading Update

 

Frenkel Topping (AIM:FEN), the provider of specialist independent financial advice on the investment of personal injury damages and clinical negligence awards, today releases a trading update ahead of the release of its final results announcement for the year ended 31 December 2013, which is expected towards the end of March 2014.

 

The Company announces that due to an excellent year of new business, its final results for the year ended 31 December 2013 are expected to be ahead of market expectations.

 

During the year the Group exceeded £0.5 billion of Funds in the Investment Management Service. In addition, its best of breed investment solutions have been embedded and well received in the market place, which is expected to result in an increase in gross, operating and net profit margins.

 

David Southworth, Chairman of Frenkel Topping commented: "The Board is pleased to confirm that the Company's results for the full year are expected to be ahead of market expectations. The Group made considerable progress during the year, having successfully prepared for the legal reforms and considerable changes to benefits entitlement which occurred in 2013, as well as growing the Funds in the Investment Management Service to over £0.5 billion."

 

- Ends -

 

For further information please contact:

Frenkel Topping Group Plc

Richard Fraser, Chief Executive

Tel: +44 (0)161 886 8000

Shore Capital

Pascal Keane / Patrick Castle

Tel:+44 (0)20 7408 4090

 

Media enquiries:

Abchurch

Joanne Shears / Jamie Hooper

Tel: +44 (0) 20 7398 7719

Jamie.hooper@abchurch-group.com

www.abchurch-group.com

 

Notes to Editors:

 

About Frenkel Topping

Frenkel Topping Limited ("Frenkel Topping") is the trading subsidiary of Frenkel Topping Group Plc.

 

Frenkel Topping provides specialist independent financial advice on the investment of personal injury damages and clinical negligence awards. Frenkel Topping offers a complete service for all personal injury claims handlers, lawyers and individual clients, dealing with awards from tens of thousand pounds to multi-million pound cases. Frenkel Topping's expertise includes asset protection, bespoke investment portfolios, analysis of periodical payments, Court of Protection portfolios and provision and setting up of trustee and receivership bank accounts. Frenkel Topping has over £0.5 billion of clients' funds in its investment management service.

 

The Group's strategy is to continue to grow its Funds in Investment Management Services organically and to maintain steady levels of recurring revenues at their current high levels of circa. 70%. The Group's strong market position means that it is well poised for future growth.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTBUGDBIDDBGSG
Date   Source Headline
24th Jun 202611:19 amRNSForm 8.5 (EPT/NON-RI) - Replacement
24th Jun 20268:54 amRNSForm 8.5 (EPT/NON-RI)
23rd Jun 20268:08 amRNSForm 8.5 (EPT/NON-RI)
18th Jun 20263:10 pmRNSForm 8.3 FRENKEL TOPPING GROUP PLC
17th Jun 20267:00 amRNSFinal Results
12th Jun 20269:09 amRNSExpected Timetable & Election Withdrawal Deadline
3rd Jun 20267:00 amRNSSatisfaction of the FCA Condition
20th May 20263:00 pmRNSSecond Extension of Long Stop Date
19th May 20267:00 amRNSProposed Second Extension of Long Stop Date
15th May 20266:00 pmRNSProposed Second Extension of Long Stop Date
13th May 20263:10 pmRNSForm 8.3 - Frenkel Topping Group plc
8th May 20263:19 pmRNSForm 8.3 - Frenkel Topping Group plc
8th May 202610:48 amRNSForm 8.3 - FRENKEL TOPPING GROUP PLC
6th May 20263:14 pmRNSForm 8.3 - Frenkel Topping Group plc
29th Apr 20263:06 pmRNSForm 8.3 - Frenkel Topping Group plc
22nd Apr 20263:08 pmRNSForm 8.3 - Frenkel Topping Group plc
9th Apr 20263:09 pmRNSForm 8.3 - Frenkel Topping Group plc
27th Mar 20265:30 pmRNSExtension of Long Stop Date
17th Mar 20264:10 pmRNSHolding(s) in Company
17th Mar 20269:46 amRNSForm 8.3 - FRENKEL TOPPING GROUP PLC
16th Mar 20263:18 pmRNSForm 8.3 - Frenkel Topping Group plc
6th Mar 20268:21 amRNSForm 8.5 (EPT/NON-RI)
5th Mar 20261:35 pmRNSHolding(s) in Company
4th Mar 20263:08 pmRNSForm 8.3 - Frenkel Topping Group plc
4th Mar 20268:58 amRNSForm 8.5 (EPT/NON-RI) - Frenkel Topping Group PLC
3rd Mar 20263:19 pmRNSForm 8.3 - Frenkel Topping Group plc
24th Feb 20263:06 pmRNSForm 8.3 - Frenkel Topping Group plc
23rd Feb 20268:13 amRNSForm 8.5 (EPT/NON-RI)
20th Feb 20263:29 pmRNSForm 8.3 - FEN LN
19th Feb 20269:05 amRNSForm 8.5 (EPT/NON-RI) - Frenkel Topping Group PLC
13th Feb 20263:10 pmRNSForm 8.3 FRENKEL TOPPING GROUP PLC
13th Feb 20263:09 pmRNSForm 8.3 - FRENKEL TOPPING GROUP PLC
12th Feb 20265:15 pmGNWForm 8.3 - Frenkel Topping Group Plc
10th Feb 20264:59 pmGNWForm 8.3 - Frenkel Topping Group Plc
10th Feb 20264:29 pmRNSHolding(s) in Company
4th Feb 202610:06 amGNWForm 8.3 - Frenkel Topping Group Plc
29th Jan 202610:36 amRNSHolding(s) in Company
28th Jan 20263:29 pmRNSForm 8.3- Frenkel Topping Group plc
28th Jan 20262:29 pmBUSForm 8.3 - Frenkel Topping Group plc - Octopus Investments
28th Jan 20262:29 pmGNWForm 8.3 - Frenkel Topping Group plc - Octopus Investments
27th Jan 20266:33 pmBUSForm 8.3 - Frenkel Topping Group Plc
27th Jan 20266:33 pmGNWForm 8.3 - Frenkel Topping Group Plc
21st Jan 20269:00 amGNWForm 8.3 - Frenkel Topping Group Plc
19th Jan 20267:00 amRNSUpdate on Conditions
15th Jan 202611:01 amGNWForm 8.3 - Frenkel Topping Group Plc
13th Jan 20262:26 pmGNWForm 8.3 - Frenkel Topping Group Plc
12th Jan 202610:16 amGNWForm 8.3 - Frenkel Topping Group Plc
8th Jan 20264:36 pmGNWForm 8.3 - Frenkel Topping Group PLC - Octopus Investments
8th Jan 20263:29 pmRNSForm 8.3 - Frenkel Topping Group plc
7th Jan 202612:44 pmGNWForm 8.3 - Frenkel Topping Group Plc

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.