18th Oct 2007 11:27
Mattioli Woods PLC18 October 2007 Press Release 18 October 2007 Mattioli Woods plc ("Mattioli Woods" or "the Group") AGM Statement Mattioli Woods plc (AIM: MTW.L), the specialist pensions consultancy, announcesthat at the Group's Annual General Meeting held today, all resolutions put toshareholders by the board were duly passed. Speaking at the meeting, Ian Mattioli, Chief Executive, said "I am delighted toreport that the Group's trading since the start of the new financial year is inline with our expectations. We are particularly pleased with the ongoingdevelopment of our consultancy team as it delivers Mattioli Woods' retirementwealth planning strategies to our clients. These strategies have been enhancedby securing improved terms on recent syndicated property purchases and we areseeing greater interest in our capital protected products while investmentmarkets remain volatile. We expect the proposed changes to Capital Gains Tax to act as a catalyst forfurther consolidation in our sector. Our business model will allow us to takeadvantage of these opportunities. The post acquisition integration of PensionConsulting Limited is progressing as expected and we are confident that theGroup will achieve further growth over the year ahead." - Ends - For further information: Mattioli Woods plcBob Woods, Executive Chairman Tel: +44 (0) 116 240 [email protected] www.mattioli-woods.comIan Mattioli, Chief Executive Tel: +44 (0) 116 240 [email protected] www.mattioli-woods.comNathan Imlach, Finance Director Tel: +44 (0) 116 240 [email protected] www.mattioli-woods.com Evolution Securities LimitedJoanne Lake, Corporate Finance Tel: +44 (0) 113 243 [email protected] www.evosecurities.com Media enquiries:AbchurchSarah Hollins/Georgina Bonham Tel: +44 (0) 207 398 [email protected] www.abchurch-group.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
MTW.L