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Trading Statement

26 Jun 2015 07:00

RNS Number : 2759R
W.H. Ireland Group PLC
26 June 2015
 

26 June 2015

WH Ireland Group PLC

("WH Ireland" or the "Company")

Half Year Trading Update

Notice of results

 

WH Ireland today issues a trading update for its half year ended 31 May 2015. Overall WH Ireland has performed well in the first half, with an improved performance compared to last year .

The Private Wealth Management division has continued to grow its asset base and at the end of the trading period, total assets under management and administration had risen to £2.8 billion (30 November 2014: £2.7bn). Of this total, discretionary assets have risen to in excess of £800 million (30 November 2014: £700m). Management fee income, reflecting this ongoing improvement to our asset mix, has grown significantly when compared with the same period a year ago.

The Corporate Broking division has continued to grow its corporate client base. At the half year, it was retained by 98 corporate clients (92 for the comparable period a year ago) and as a consequence, its recurring retainer fee income has continued to increase. Success fees are above those achieved last year, although market making, whilst positive, is lower than the same period a year ago.

It is anticipated that the half year results will be released on Monday, 20th July, 2015.

Richard Killingbeck, Chief Executive, said:

"Both our divisions have had good half years, with strong progress in their respective key metrics: increased discretionary funds under management in Private Wealth Management and increased numbers of clients in Corporate Broking. We look forward to making further progress in the balance of the year."

 

For further information please contact:

 

WH Ireland Group plc www.wh-ireland.co.uk

Richard Killingbeck, Chief Executive Officer +44(0) 20 7220 1666

Miles Nolan, Head of Communications

 

SPARK Advisory Partners Limited

 

Mark Brady/Miriam Greenwood

+44(0) 203368 3551/3550

 

 

 

MHP Communications

Reg Hoare / Jade Neal / Jamie Ricketts +44(0) 20 3128 8100 whireland@mhpc.com

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTEELFLEQFBBBL
Date   Source Headline
1st Apr 200910:39 amRNSHolding(s) in Company
25th Mar 20097:00 amRNSPreliminary Results
19th Mar 20091:59 pmRNSTermination of Discussions
19th Mar 20091:46 pmRNSOffer Talks Terminated
12th Mar 200911:14 amRNSChange of Adviser
10th Mar 200911:20 amRNSRule 8.4 Disclosure
9th Mar 200912:59 pmRNSUpdate on Possible Offer
2nd Mar 20097:05 amRNSPossible Offer for Blue Oar
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24th Nov 20087:24 amRNSDirectorate Change
20th Nov 20083:16 pmRNSHolding(s) in Company
17th Nov 20087:00 amRNSSenior Corporate Hire
3rd Nov 20083:42 pmRNSTotal Voting Rights
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9th Oct 20087:00 amRNSScrip Dividend Election
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17th Sep 20087:53 amRNSDirector/PDMR Shareholding
16th Sep 20084:00 pmRNSGrant of share options to a director
19th Aug 20087:00 amRNSDividend Declaration
18th Aug 20087:00 amRNSInterim Results
31st Jul 20084:18 pmRNSTotal Voting Rights
10th Jul 20087:00 amRNSExercise of Share Options
25th Jun 20087:00 amRNSDirectorate Change
2nd Jun 20084:53 pmRNSTotal Voting Rights
2nd Jun 200810:17 amRNSHolding(s) in Company
30th May 20085:00 pmRNSDirector/PDMR Shareholding
30th May 20082:29 pmRNSIssue of Equity
30th May 200812:21 pmRNSHolding(s) in Company
27th May 20084:00 pmRNSDirectorate Change
22nd May 20082:28 pmRNSHolding(s) in Company - amend
22nd May 20089:00 amRNSHolding(s) in Company
14th May 200812:35 pmRNSCompletion of Consortium Agre
7th May 20083:00 pmRNSRule 8.3- (WH Ireland Group)
7th May 20083:00 pmRNSRule 8.3- (WH Ireland Group)
30th Apr 20083:51 pmRNSTotal Voting Rights
25th Apr 20083:30 pmRNSRule 2.10 Announcement
25th Apr 20081:47 pmRNSStatement re possible offer
25th Apr 20089:29 amRNSOffer Talks Terminated
24th Apr 200810:37 amRNSScrip Dividend Election
22nd Apr 20084:48 pmRNSDirectorate Change
21st Apr 200811:08 amRNSUnsolicited Preliminary Bid
18th Apr 200811:56 amRNSReplacement: AGM Statement
18th Apr 200811:27 amRNSAGM Statement
17th Apr 20084:32 pmRNSEmployee Share Offer
11th Apr 20083:00 pmRNSExercise of Share Options

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