1 Oct 2019 17:15
1 October 2019
iEnergizer Limited
("iEnergizer" or the "Company")
Trading update
iEnergizer, the technology services and media solutions leader for the digital age, is pleased to report that the Company has performed strongly in the first half of the financial year with a continued focus on higher margin work. This growth is coming from both existing and new clients.
As a result of this, revenue and operating profit are expected to be ahead of market expectations.
EICR Cyprus Limited ("EICR") recently took market soundings to ascertain if there was institutional interest to purchase a small proportional holding from EICR to increase liquidity in iEnergizer. EICR received strong institutional interest but ultimately decided not to proceed with this share sale due to adverse UK public market conditions.
This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 ("MAR"). Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Enquiries:
iEnergizer Ltd. | +44 (0)1481 242233 |
Chris de Putron | |
Mark De la Rue | |
Arden Partners, Nomad and Broker | 020 7614 5900 |
Ciaran Walsh / Steve Douglas / Dan Gee-Summons (Corporate Finance) James Reed-Daunter (Equity Sales)
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FTI | |
Jonathon Brill / Edward Westropp | 020 3727 1000 |