24 Nov 2017 07:00
24 November 2017
MITON GROUP PLC
Trading Update
This announcement contains inside information within the meaning of article 7 of the EU Market Abuse Regulation (MAR).
Miton Group plc (the 'Group'), the AIM quoted fund management group, today announces that the Group has continued to experience positive net inflows in the second half of the financial year. The unaudited Assets under Management ("AuM") as at 31 October 2017 were £3,635 million and average AuM for the first 10 months of the calendar year were £3,287 million.
The Board remains optimistic about the prospects for the Group and profits for the full year are expected to exceed current market expectations.
-ENDS-
For further information, please contact:
Miton Group plc 020 3714 1500
David Barron (CEO)
MHP Communications miton@mhpc.com
Reg Hoare / Simon Hockridge / Charlie Barker 020 3128 8100
Peel Hunt (Nominated adviser and Broker) 020 7418 8893
Guy Wiehahn / Rishi Shah
www.mitongroup.com