REG - Dillistone Group PLC - AGM Statement

DillistoneAnnouncement

15/06/2022 07:00

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RNS Number : 8797O  Dillistone Group PLC  15 June 2022

Dillistone Group Plc

("Dillistone", the "Company" or the "Group")

AGM Statement

At the Annual General Meeting ('AGM') of Dillistone Group Plc, the AIM quoted
supplier of software and services to the recruitment industry, being held
today at 10:30 am, Giles Fearnley, Chairman of Dillistone, will make the
following AGM statement:

"We are pleased to report that the improved trading performance noted in the
late months of 2021 has continued into 2022. Across both our contingency and
executive search products, we see reasons for optimism with all our products
performing broadly in line with - or better than - we would have anticipated
at this point in the year.

"We are also pleased to confirm that Talentis has continued to grow rapidly,
with recurring revenue in Q1 2022 being double that delivered in Q4 of 2021.
The current quarter is likely to see a further doubling in which case it will
become the fourth successive quarter in which realised recurring revenue has
doubled on the previous period.  This grow rate is expected to slow over the
traditionally quiet summer, but we are confident that the product will deliver
further strong growth in the final months of the year.

"The business is trading in line with market expectations for the full year."

This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014.

Contacts:

 Dillistone Group Plc                             Via Walbrook PR
 Jason Starr             Chief Executive Officer
 Joanne Curd             Chief Financial Officer

 WH Ireland Limited (Nominated adviser)
 Chris Fielding          Managing Director,       020 7220 1650

                         Corporate Finance

 Walbrook PR                                      020 7933 8780
 Tom Cooper / Nick Rome                           dillistone@walbrookpr.com

 

Notes to Editors:

Dillistone Group Plc is a global leader in the supply of technology solutions
and test & train services to the recruitment sector worldwide, in both
contingency recruitment and executive search markets.

The Group trades through the Ikiru People brand (www.IkiruPeople.com
(https://www.ikirupeople.com/) ), selling into recruitment, staffing and
executive search businesses, as well as corporate talent acquisition teams
around the world.

Ikiru People provides the platforms its clients need to test and train
candidates, support further development, enhance the recruitment process, and
source the best talent. Operating in more than 50 countries over six
continents and working with thousands of users, the Group boasts more than 30
years in the market and 100's of years of collective experience.

The Group develops, markets and supports the Talentis, FileFinder, Infinity,
Mid-Office, ISV and GatedTalent products.

Dillistone was admitted to AIM, a market operated by the London Stock Exchange
plc, in June 2006.

Learn about our products:

Talentis Software:
https://www.talentis.global/recruitment-software
(https://www.talentis.global/recruitment-software)

Voyager Software:
https://www.voyagersoftware.com (https://www.voyagersoftware.com)

GatedTalent Services:
https://www.talentis.global/optimization-services
(https://www.talentis.global/optimization-services)

 

 

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