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K3 notes share price rise; trades strongly in second half to date

9th May 2022 11:43

(Alliance News) - K3 Capital Group PLC on Monday said it is unaware of any reason for the rise in its share price, but referred to its positive outlook given alongside its interim results in February.

Shares in the Bolton, England-based professional advisory services firm were up 5.8% at 227.50 pence on Monday in London.

In early February, K3 noted that the outlook for the second half of its financial year ending August 31 was positive. Trading since the publishing of results has remained positive, with all three of K3's divisions showing strong levels of activity.

In addition, K3 noted that its recent acquisitions were performing in line with the company's plans, and was currently evaluating some bolt-on acquisitions.

By Dayo Laniyan; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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