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
11th Oct 20217:00 amRNSFEN to Present at Mello
8th Oct 20217:00 amRNSHolding(s) in Company
30th Sep 20213:15 pmRNSHolding(s) in Company
28th Sep 202112:45 pmRNSResult of Treasury Share Sale
28th Sep 20217:00 amRNSProposed Sale of Treasury Shares
23rd Sep 20216:16 pmRNSHolding(s) in Company
23rd Sep 20216:15 pmRNSHolding(s) in Company
23rd Sep 20212:10 pmRNSHolding(s) in Company
20th Sep 20217:00 amRNSInterim Results
24th Aug 20217:00 amRNSFEN Announces Joint Venture With Pattinson Brewer
17th Aug 20217:00 amRNSAcquisition and Notice of Results
20th Jul 20217:00 amRNSDirector/PDMR Shareholding
19th Jul 202110:54 amRNSHolding(s) in Company
19th Jul 20217:00 amRNSDirector/PDMR Shareholding
16th Jul 20211:25 pmRNSDirector/PDMR Shareholding
8th Jul 20214:20 pmRNSHolding(s) in Company
22nd Jun 20211:45 pmRNSResult of AGM
22nd Jun 20217:00 amRNSAGM Statement
17th Jun 20218:21 amRNSAGM Details
19th May 20212:01 pmRNSPosting of Annual Report and Notice of AGM
18th May 20219:57 amRNSHolding(s) in Company
5th May 20215:28 pmRNSReplacement: Dividend Declaration
5th May 202110:30 amRNSDividend Declaration
4th May 20217:00 amRNSFinal Results
23rd Apr 20217:00 amRNSNotice of Results and Investor Presentation
1st Apr 202110:15 amRNSDirector/PDMR Shareholding
24th Mar 20217:00 amRNSFT Appoints New Head of Training Division
19th Mar 20217:00 amRNSImplementation of New LTIP
15th Mar 20211:41 pmRNSDirector/PDMR Shareholding
3rd Mar 20217:00 amRNSDirector/PDMR Shareholding
24th Feb 20217:00 amRNSInvestor Evening Webinar
22nd Feb 20217:00 amRNSDirectorate Change
19th Feb 20212:30 pmRNSHolding(s) in Company
19th Feb 20212:30 pmRNSHolding(s) in Company
19th Feb 20212:30 pmRNSHolding(s) in Company
8th Feb 20213:15 pmRNSDirector/PDMR Shareholding
1st Feb 20217:00 amRNSAcquisitions
26th Jan 20217:00 amRNSDirectorate Change
25th Jan 20215:27 pmGNWForm 8.3 - [Frenkel Topping Group Plc]
14th Jan 20217:00 amRNSTrading Update
13th Jan 20214:30 pmRNSStatement Regarding Possible Offer for NAHL
13th Jan 202112:00 pmRNSForm 8.5 (EPT/RI) - Frenkel Topping Group Plc
13th Jan 202111:10 amGNWForm 8.3 - [Frenkel Topping Group plc] - (HHL)
12th Jan 202111:07 amGNWForm 8.3 - [Frenkel Topping Group plc] - (HHL)
11th Jan 202111:52 amGNWForm 8.3 - [Frenkel Topping Group plc] - (HHL)
7th Jan 202111:56 amGNWForm 8.3 - [Frenkel Topping Group plc] - (HHL)
29th Dec 20203:53 pmGNWForm 8.3 - Octopus Investments - Frenkel Topping Group plc
23rd Dec 20209:06 amPRNForm 8.3 - Frenkel Topping Group Plc
17th Dec 202012:00 pmRNSForm 8.5 (EPT/RI) - Frenkel Topping Group plc
16th Dec 20209:34 amPRNForm 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.