3rd Feb 2005 09:00
Admiral Group PLC03 February 2005 ADMIRAL GROUP PLC Notice of Preliminary Results for the Period Ended 31 December 2004 Admiral Group plc will be announcing its preliminary results for the periodended 31 December 2004 on Monday 21 March 2005. There will be an analyst presentation on the results at 10.30am on 21 March 2005at Financial Dynamics, Holborn Gate, 26 Southampton Buildings, London WC2A 1PB. Those analysts wishing to attend are asked to contact Robert Bailhache atFinancial Dynamics on +44 20 7269 7200 or at [email protected]. The presentation will be accessible via a conference call for those unable toattend in person. To register to participate in the conference call, please alsocontact Robert Bailhache at Financial Dynamics on +44 20 7269 7200 or [email protected]. A web cast of the presentation will be available following the meeting on theAdmiral website at www.admiralgroup.co.uk. For further information, please contact: Admiral 029 2043 4224Louisa Scadden Financial Dynamics 020 7269 7200Robert Bailhache About Admiral Admiral is a fast growing financial services intermediary with a track record ofprofitability. Admiral principally sells private motor insurance and ancillaryproducts, such as cover for breakdown, roadside assistance and legal expenses.Admiral markets directly to the public in the UK through its four core brands:Admiral, elephant.co.uk, Diamond, and Bell. The Group also offers customers online quotes through its brand Confused.com,the UK's first insurance aggregator. Unlike other brands, Confused.com does notsell insurance. Visitors to Confused.com's website fill out their details onceonline and Confused.com finds the cheapest quotes available on the internet fromits large panel of insurers. Admiral's motor insurance is underwritten primarily by third party insuranceproviders, with Admiral controlling all pricing and underwriting decisions andadministration. Admiral also retains a proportion (presently 25%, net ofco-insurance and quota share reinsurance) of the private motor underwriting forits own account. Admiral was admitted to the Official List of the London Stock Exchange on 28September 2004 following a Global Offer of Ordinary Shares to institutionalinvestors that was more than seven times subscribed. On 20 December 2004 theCompany became a constituent of the FTSE 250 index. The Ordinary Shares tradeunder the ticker symbol ADM.L. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Admiral