9th May 2022 07:00
K3 CAPITAL GROUP PLC
("K3", the "Group" and including its subsidiaries the "Company")
Trading Update
K3 (AIM: K3C), the multi-disciplinary professional services firm providing advisory services to SMEs, notes the recent performance of its share price and confirms that it is not aware of any reason for such a decline.
In the Interim Results announcement on 7 February 2022, the Board confirmed that the outlook for the remainder of the financial year, and beyond, was positive and were pleased to report a strong start to H2 FY22.
Trading since then has continued to be positive. The Board remains very confident in its outlook for the year, with all three divisions showing strong levels of activity.
Recent acquisitions are performing in line with plan. The acquisition pipeline is healthy with various bolt-ons being evaluated.
The Company looks forward to providing more detail in its year end trading statement in June.
For further information, please contact:
K3 Capital Group PLC John Rigby, Chief Executive Officer | c/o Numis +44 (0)20 7260 1000 | |
Andrew Melbourne, Chief Financial Officer | ||
Numis (Nominated Adviser and Corporate Broker) Stuart Skinner William Wickham |
+44 (0)20 7260 1000 | |
Alma PR |
+44 (0)20 3405 0205 | |
Josh Royston Hilary Buchanan Sam Modlin | ||
About K3
K3 Capital Group plc (AIM:K3C) is a multi-disciplinary and complementary professional services group advising UK SMEs, with operations throughout the UK and overseas. The Group floated on the London Stock Exchange's Alternative Investment Market (AIM) in April 2017.
Services provided by the Group fall into three key operating divisions:
M&A Division:
· Company sales and business brokerage
· Corporate finance services
· Transaction services
· Debt advisory
Tax Division:
· Research and development tax credit advisory
· Tax investigations
· Tax planning
· Tax advisory
Restructuring Division:
· Restructuring advisory
· Financial advisory
· Creditor services
· Forensic accounting and expert witness
· Pensions advisory
· Accelerated M&A
Related Shares:
K3C.L