REG - Lords Group Trading - Annual Report and Notice of AGM

Lords TradingAnnouncement

12/05/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230512:nRSL1575Za&default-theme=true

RNS Number : 1575Z  Lords Group Trading PLC  12 May 2023

     12 May 2023

 

Lords Group Trading plc

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

 

Annual Report and Notice of AGM

 

Lords, a leading distributor of building materials in the UK, announces that
electronic copies of its Annual Report and Financial Statements for the year
ended 31 December 2022, together with the Notice of Annual General
Meeting, are now available from the Company's website
at www.lordsgrouptradingplc.co.uk/investors/shareholder-information
(http://www.lordsgrouptradingplc.co.uk/investors/shareholder-information) .
 Hard copies of the 2022 Annual Report and Financial Statements and Notice of
Annual General Meeting have also been posted to shareholders today.

 

The Annual General Meeting ('AGM') will be held at 1.00pm on Tuesday, 20 June
2023 at the offices of Cenkos Securities plc, 6-8 Tokenhouse Yard, London,
EC2R 7AS.

 

To facilitate shareholder engagement, the proceedings of this year's AGM will
be broadcast via the Investor Meet Company platform.  Shareholders will be
able to follow the proceedings of the AGM online over the Investor Meet
Company platform by registering in advance via the following link:
www.investormeetcompany.com/lords-group-trading-plc/register-investor
(http://www.investormeetcompany.com/lords-group-trading-plc/register-investor)
.

 

Shareholders are invited to submit any questions in respect of the business of
the AGM for the Board to consider.  Questions may be submitted in advance via
the Investor Meet Company dashboard, or at any time during the AGM over the
Investor Meet Company platform following registration, and the Board will aim
to respond to any such questions relevant to the business of the AGM.

 

Shareholders are encouraged to vote on the resolutions to be put to the AGM by
proxy whether or not they intend to attend. Voting by proxy prior to the AGM
does not affect shareholders' right to attend the AGM and vote in person
should they so wish.

 

Shareholders will not receive a hard copy form of proxy for the 2023 AGM in
the post. Instead, they will be able to vote electronically using the link
www.signalshares.com (http://www.signalshares.com) or via a shareholder app:
LinkVote+ available to download on the Apple App Store and Google Play.
Institutional investors may also be able to appoint a proxy electronically via
the Proxymity platform. Proxies may also be appointed via a CREST proxy
instruction. Proxy votes must be received no later than 1:00 p.m. on 16 June
2023. Please refer to the "Notes" section of the Notice of AGM for further
details on how to vote by proxy.

 

Shareholders may request a hard copy form of proxy directly from the Company's
registrars, Link Group, by email at shareholderenquiries@linkgroup.co.uk
(mailto:shareholderenquiries@linkgroup.co.uk) , by post at Link Group, 10th
Floor, Central Square, 29 Wellington Street, Leeds, LS1 4DL, or shareholders
may call Link on 0371 664 0391.

 

- Ends -

 

FOR FURTHER ENQUIRIES:

 

 Lords Group Trading plc                                         Via Buchanan
 Shanker Patel, Chief Executive Officer                          Tel: +44 (0) 20 7466 5000
 Chris Day, Chief Financial Officer and Chief Operating Officer

 Cenkos Securities plc (Nominated Adviser and Joint Broker)      Tel: +44 (0) 20 7397 8900
 Ben Jeynes / Max Gould / Dan Hodkinson (Corporate Finance)
 Alex Pollen (Sales)

 Berenberg (Joint Broker)                                        Tel: +44 (0) 20 3207 7800
 Matthew Armitt / Richard Bootle / Detlir Elezi

 Buchanan Communications                                         Tel: +44 (0) 20 7466 5000
 Henry Harrison-Topham / Jamie Hooper / Abby Gilchrist           LGT@buchanan.uk.com (mailto:LGT@buchanan.uk.com)

 

Notes to editors:

 

Lords is a specialist distributor of building, plumbing, heating and DIY
goods.  The Group principally sells to local tradesmen, small to medium sized
plumbing and heating merchants, construction companies and retails directly to
the general public.

 

The Group operates through the following two divisions:

 

·  Merchanting: supplies building materials and DIY goods through its
network of merchant businesses and online platform capabilities.  It operates
both in the 'light side' (building materials and timber) and 'heavy side'
(civils and landscaping), through 26 locations in the UK.

 

·    Plumbing and Heating: a specialist distributor in the UK of plumbing
and heating products to a UK network of independent merchants, installers and
the general public.  The division offers its customers an attractive
proposition through a multi-channel offering.  The division operates over 16
locations enabling nationwide next day delivery service.

 

Lords was established over 35 years ago as a family business with its first
retail unit in Gerrards Cross, Buckinghamshire.  Since then, the Group has
grown to a business operating from 42 sites.  Lords aims to become a £500
million turnover building materials distributor group by 2024 as it grows its
national presence.

 

Lords was admitted to trading on AIM in July 2021 with the ticker LORD.L.
 For additional information please visit www.lordsgrouptradingplc.co.uk
(http://www.lordsgrouptradingplc.co.uk/) .

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCABMATMTTBBPJ