Last checked at 6 Oct 2015 07:00
6 October 2015
Marlowe Holdings Limited
(the "Company")
Half Year Market Update
The Company today issues a market update for the six months ended 30 September 2015.
On 15 May 2015 the Company completed an oversubscribed placing and appointed a new Board of Directors to pursue investment opportunities. In the four months since progress has been pleasing and the Company has identified platform acquisition targets and bolt-on opportunities in line with its stated investment strategy.
The targets identified occupy large fragmented markets and possess annuity-type recurring revenues based on long term contracts. They are in sectors that have growing barriers to entry, exhibit a degree of operational complexity and are underpinned by the customer's obligation to meet strong regulatory and legislative requirements. The Company continues to focus on target markets that offer significant scope for further growth through acquisition.
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The Company's Half Year results will be released on 30 October 2015.
Enquires and further information
Marlowe Holdings Limited
Alex Dacre IR@marloweplc.com
+44 207 248 6700
Cenkos Securities
Nicholas Wells +44 207 397 8920