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
49.00    0.50 (1.03%)
Bid:
48.00
Ask:
50.00
Spread: 2.00 (4.167%)
Market Cap: £60.22m
FEN Live PriceLast checked at - London Stock Exchange

Intraday Frenkel Topping Share Chart

Trading Update

16 Jan 2013 07:00

RNS Number : 6304V
Frenkel Topping Group PLC
16 January 2013
 



 

 

16 January 2013

 

Frenkel Topping Group plc

 

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

 

Trading Update

 

Frenkel Topping, 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 2012, which is expected towards the end of March 2013.

 

The Company announces that the final results for the year ended 31 December 2012 are expected to be in line with market expectations.

 

The successful implementation of the Group's technology platform and integrated administration software at the end of 2012 has built a strong suite of tools which fully integrate world class investment houses, allowing Frenkel Topping broader access to leading fund management products on behalf of its clients. In addition, Frenkel Topping has continued to grow its Funds in the Investment Management Service during the period as well as increasing the number of Retail Distribution Review ("RDR") qualified authorised individuals in the Group, which the Board believes puts the Group in a robust position for the current financial year.

 

David Southworth, Chairman of Frenkel Topping commented: "We are pleased to confirm that the Company's results for the full year are expected to be in line with market expectations. The Group has successfully prepared itself for the RDR, and we look forward to continuing to grow Funds in the Investment Management Service during 2013."

 

- 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 £445 million of clients' funds in its investment management service.

 

Wealth Solutions provides financial planning services to the sports and entertainment sectors advising many high profile professionals. The business is expanding into other legal disciplines whose clients profile and financial needs are aligned with the Group's core offering.

 

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 and preparedness in terms of the incoming Retail Distribution Review mean that it is well poised for future growth.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTSFWFAIFDSEDF
Date   Source Headline
8th Jun 20118:18 amRNSHolding(s) in Company
10th May 201110:31 amRNSResult of AGM
10th May 20117:00 amRNSAGM Statement
4th Apr 201112:09 pmRNSHolding(s) in Company
29th Mar 201112:33 pmRNSNotice of AGM
28th Mar 20111:58 pmRNSDirector/PDMR Shareholding
28th Mar 201110:34 amRNSDirector/PDMR Shareholding
24th Mar 20111:52 pmRNSIssue of Options
24th Mar 20117:00 amRNSFinal Results
2nd Feb 20114:21 pmRNSHolding(s) in Company
1st Feb 20119:48 amRNSHolding(s) in Company
15th Dec 20104:07 pmRNSDirectorate Change
30th Sep 20109:42 amRNSTotal Voting Rights
28th Sep 20104:27 pmRNSDirector/PDMR Shareholding
21st Sep 20102:38 pmRNSDirector/PDMR Shareholding
13th Sep 20104:41 pmRNSDirector/PDMR Shareholding
1st Sep 20102:59 pmRNSDirector/PDMR Shareholding
1st Sep 20102:55 pmRNSExercise of Options
11th Aug 20102:27 pmRNSDirector/PDMR Shareholding
9th Aug 20109:51 amRNSHalf Yearly Report
15th Jun 201010:24 amRNSDirector/PDMR Shareholding
8th Jun 201010:20 amRNSDirector/PDMR Shareholding
26th Apr 20109:46 amRNSDirector/PDMR Shareholding
13th Apr 201010:10 amRNSDirector/PDMR Shareholding
31st Mar 20109:10 amRNSFinal Results
26th Nov 20092:41 pmRNSDirector/PDMR Shareholding
24th Nov 20099:12 amRNSDirector/PDMR Shareholding
12th Nov 20099:19 amRNSDirector/PDMR Shareholding
30th Sep 20097:00 amRNSTotal Voting Rights
11th Sep 20097:51 amRNSDirector/PDMR Shareholding - Replacement
10th Sep 20098:48 amRNSDirector/PDMR Shareholding
4th Sep 200912:21 pmRNSIssue of Equity
16th Jul 20099:17 amRNSHalf Yearly Report
25th Mar 200911:06 amRNSDirector/PDMR Shareholding
24th Mar 20099:58 amRNSPreliminary Results
3rd Nov 20083:11 pmRNSDirector/PDMR Shareholding
30th Sep 20082:16 pmRNSDirector/PDMR Shareholding
9th Sep 200811:45 amRNSDirector/PDMR Shareholding
21st Aug 200811:27 amRNSInterim Results
13th Jun 20083:22 pmRNSHolding(s) in Company
14th May 200810:11 amRNSDirectorate Change
24th Apr 20082:44 pmRNSDirector/PDMR Shareholding
27th Mar 20083:52 pmRNSDirector/PDMR Shareholding
27th Mar 200812:26 pmRNSFinal Results
2nd Jan 200810:32 amRNSChange of Registered Office
19th Dec 20073:56 pmRNSDirector/PDMR Shareholding
28th Nov 200712:33 pmRNSDirector/PDMR Shareholding
14th Nov 200711:07 amRNSHolding(s) in Company
9th Nov 20073:58 pmRNSDirector/PDMR Shareholding
9th Oct 20072:51 pmRNSHolding(s) in Company

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.