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Pin to quick picksLombard Risk Management Regulatory News (LRM)

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AGM Statement

30 Sep 2010 12:08

RNS Number : 6092T
Lombard Risk Management PLC
30 September 2010
 



 

 

Lombard Risk Management plc

("Lombard Risk" or the "Company")

 

Results of Annual General Meeting and Trading Update

 

Lombard Risk Management plc (AIM: LRM), the global provider of specialised software solutions that improve the management and reporting of collateralised trading, liquidity and regulatory compliance, announces that all resolutions at today's Annual General Meeting were passed.

 

John Wisbey, CEO, announced to the meeting that, with a few hours still left of the current half year, Lombard Risk had achieved a profit in the six months to 30 September 2010 on revenues around 30% up against the £4.32m achieved in the comparable period last year. All the divisions of the firm have contributed positively during this period, with a particularly strong contribution from the regulatory part of the business. Net cash at 30 September 2010 was slightly over £1.2m, with no debt.

 

Contacts

 

Lombard Risk Management plc

Tel: 020 7593 6700 www.lombardrisk.com

Philip Crawford, Chairman

John Wisbey, CEO

john.wisbey@lombardrisk.com

Allenby Capital Limited

Tel: 020 3328 5656

Brian Stockbridge / Alex Price

Walbrook PR Ltd

Tel: 020 7933 8780

Paul McManus

Mob: 07980 541 893 or paul.mcmanus@walbrookpr.com

Ben Knowles

Mob: 07900 346 978 or ben.knowles@walbrookpr.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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