17th Aug 2015 07:00
17 August 2015
Gable Holdings Inc.
("Gable", "the Company" or "the Group")
Notice of Results and Trading Update
Gable Holdings (AIM: GAH.L), the European non-life insurance company, will announce its results for the 6 month period ending 30 June 2015 on Thursday 10 September 2015.
The Company will be updating shareholders on trading which shows continued strong growth with claims experience in line with expectations. The Company will also be updating shareholders on the Company's solvency capital preparations which are advancing well and will not include an approach to the market to raise equity capital.
Commenting, William Dewsall, Chief Executive of Gable, said: "We are pleased with the trading performance during the year to date and are making good progress with our solvency capital preparations for Gable, which will be satisfied by focussing on structured debt and insurance products. We expect that the conclusion of this process will leave the business well positioned for its next phase of profitable growth."
ends
Enquiries:
Gable Holdings Inc. William Dewsall, Chief Executive Michael Hirschfield, Group Finance Director
| tel: +44 (0) 20 7337 7460 |
Zeus Capital Limited Nick How, Corporate Finance Adam Pollock, Corporate Broking
| tel: +44 (0) 20 7533 7727 |
Gable Communications Limited John Bick / Justine James | tel: +44 (0) 20 7193 7463 +44 (0)7872 061007 |
About Gable Holdings Inc
Gable is a European non-life insurance company underwriting a comprehensive range of specialist policies for the commercial sectors in the UK, Denmark, France, Germany, Italy, Norway, Spain and Sweden. Gable benefits from a low-cost online underwriting platform and the Company has continued to successfully grow its business geographically whilst simultaneously exploiting a range of niche insurance segments which exist across the EU, which is delivered through the EU passporting mechanism. Gable Holdings Inc. is quoted on the London Stock Exchange's AIM market. For further information please visit www.gableholdings.com.
Related Shares:
GAH.L