News
18 October 2007
AGM Statement
Mattioli Woods plc (AIM: MTW.L), the specialist pensions consultancy, announces that at the Group’s Annual General Meeting held today, all resolutions put to shareholders by the board were duly passed.
Speaking at the meeting, Ian Mattioli, Chief Executive, said “I am delighted to report that the Group’s trading since the start of the new financial year is in line with our expectations. We are particularly pleased with the ongoing development of our consultancy team as it delivers Mattioli Woods’ retirement wealth planning strategies to our clients. These strategies have been enhanced by securing improved terms on recent syndicated property purchases and we are seeing greater interest in our capital protected products while investment markets remain volatile.
We expect the proposed changes to Capital Gains Tax to act as a catalyst for further consolidation in our sector. Our business model will allow us to take advantage of these opportunities. The post acquisition integration of Pension Consulting Limited is progressing as expected and we are confident that the Group will achieve further growth over the year ahead”.
For further information:
Mattioli Woods plc |
|
| Bob Woods, Executive Chairman | Tel: +44 (0) 116 240 8700 |
| bob.woods@mattioli-woods.com | www.mattioli-woods.com |
| Ian Mattioli, Chief Executive | Tel: +44 (0) 116 240 8700 |
| ian.mattioli@mattioli-woods.com | www.mattioli-woods.com |
| Nathan Imlach, Finance Director | Tel: +44 (0) 116 240 8700 |
| nathan.imlach@mattioli-woods.com | www.mattioli-woods.com |
| Evolution Securities Limited | |
| Joanne Lake, Corporate Finance | Tel: +44 (0) 113 243 1619 |
| joanne.lake@evosecurities.com | www.evosecurities.com |
| Media enquiries: | |
| Abchurch | |
| Sarah Hollins/Georgina Bonham | Tel: +44 (0) 207 398 7715 |
| sarah.hollins@abchurch-group.com | www.abchurch-group.com |