REG - Amicorp FS (UK) PLC - AGM Statement

Amicorp FS (UK)Announcement

26/06/2025 07:00

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RNS Number : 5295O  Amicorp FS (UK) PLC  26 June 2025

     26 June 2025

 

 

Amicorp FS (UK) Plc

('AMIF', the 'Company' or the 'Group')

 

AGM Statement

 

Amicorp FS (UK) Plc, the international specialist fund services group,
announces that at the Company's Annual General Meeting ('AGM') due to be held
later today at 3.00pm (BST) at the offices of Shakespeare Martineau LLP,
6(th) Floor, 60 Gracechurch Street, London, EC3V 0HR, Toine Knipping, the
Group's Non-Executive Chairman, will make the following statement:

 

"Since our FY24 annual results announcement on 25 April 2025, trading has
continued to be robust with a solid performance to date in 2025 across all
business divisions.

 

"We are still seeing organic growth from fund clients, as the broader asset
management industry faces increased regulation which encourages asset managers
to outsource the provision of Fund Administration and Governance and
Compliance services.

 

"Our inorganic growth strategy also continues to bear fruit, following the
acquisition of three wholly owned subsidiaries from the Financial Markets and
Management Services divisions of Amicorp Group last year. All of these have
been successfully assimilated and are now an important part of our growth
engine.

 

"Since the acquisitions announced in late 2024, which strengthened our capital
market outsourcing services, including Actively Managed Services ('AMC') and
calculation and verification agency services, our BPO division has now seen a
further 25+ new clients novate over.

 

"As an increasing number of clients benefit from the investment we have made
in our operating platform, we believe there is an opportunity to drive
additional scale over the short to medium term by signing strategic alliance
agreements with asset managers in various geographies that can use our systems
and processes to improve service delivery.

 

"We also believe there are several underserved markets, for example, in
Eastern Europe, that are lacking in fund administration service providers that
can cover the full range of operational and administrative tasks needed by
investment funds in that region. This presents a potentially attractive
opportunity for AMIF to offer support in these markets and this will be an
area of focus during the rest of this year.

 

"We remain committed to delivering our strategic initiatives, leveraging our
expanded capabilities and capturing new growth opportunities and it is
pleasing to report that to date in 2025, we have made good progress on all
fronts.  The market in which we operate is one which presents multiple
opportunities thanks to a favourable regulatory and legislative environment
and our successful recent organic and inorganic expansion.  We intend to take
advantage of these opportunities as we continue to build a leading global fund
administration business."

 

- Ends -

 

 

For further information please contact:

 

 Amicorp FS (UK) Plc                                  Via Burson Buchanan

 Toine Knipping, Non-Executive Chairman

 Chi Kin Lai, Chief Executive Officer

 Tat Cheung (Stephen) Wong, Chief Financial Officer

 Zeus (Broker)                                        Tel: +44 (0) 20 3829 5000

 Martin Green / Louisa Waddell (Investment Banking)   www.zeuscapital.co.uk (http://www.zeuscapital.co.uk)

 Benjamin Robertson (Corporate Broking)

 Media enquiries:                                     Tel: + 44 (0) 20 7466 5000

 Burson Buchanan (Financial Communications)           AmicorpFS@buchanan.uk.com (mailto:AmicorpFS@buchanan.uk.com)

 Henry Harrison-Topham

 Simon Compton

 

Notes to Editors

 

AMIF is an international specialist fund services group that works with a
broad mix of clients including institutional investors, fund managers (private
equity, venture capital and hedge funds) as well as family offices to provide
a suite of specialist services across global markets. AMIF provides local and
global expertise to over 560 funds.

 

AMIF provides a comprehensive and tailored range of services which are all
underpinned by market-recognised technology solutions that support clients
from a single point of contact.

 

These include:

 

·    Fund Administration and Investor Services: Fund accounting, fund
administration, in-house NAV calculation, investor services including Register
& Transfer Agency services, booking of subscriptions & redemptions,
audit liaison/support, real time oversight over investment performance.

 

·    Governance and Compliance Services: FATCA and CRS reporting services,
Fiduciary, Anti-Money Laundering (AML) officer services in compliance with
international rules and regulations including administrative support to the
Board and Committees of the Board.

 

·    BPO Services: Simplifying accounting and administration services
through automated accounting processes and providing management insight into
business operations through regular and consistent management reporting.

 

For further information please visit www.amicorp-funds.com/chairmans-welcome/
(http://www.amicorp-funds.com/chairmans-welcome/)

 

 

 

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