REG - M Winkworth Plc - Results of Annual General Meeting

M WinkworthAnnouncement

25/05/2022 10:15

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RNS Number : 7637M  M Winkworth Plc  25 May 2022

25 May 2022

M Winkworth plc

Results of Annual General Meeting

 

Directors of M Winkworth Plc ("Winkworth" or the "Company") are pleased to
announce that all the resolutions proposed at the Company's annual general
meeting held yesterday were approved by shareholders.

At the AGM, Dominic Agace, CEO of Winkworth, made the following comment:

"Revenues in the first quarter of the year were in line with management
expectations, with both sales and rentals performing well. Applications for
sales and lettings in the second quarter are, to-date, above expected levels
and business is robust. Our new franchising pipeline is in very good shape and
our wholly-owned offices continue to make solid progress. While the outlook
for the property market in 2022 as a whole will depend on how rising interest
rates impact on demand, we expect the current financial year to be
significantly up on 2019, our last year of "normalised" trading. It may,
however, be difficult to exceed the record levels achieved in 2021."

 

For further information please contact:

M Winkworth
Plc
Tel : 020 7355 0206

Dominic Agace (Chief Executive Officer)

Andrew Nicol (Chief Financial Officer)

Milbourne (Public
Relations)
Tel : 07903 802545

Tim Draper

Shore Capital (NOMAD and Broker)
            Tel : 020 7408 4090

Robert Finlay

David Coaten

Henry Willcocks

 

About Winkworth

Winkworth is the leading London franchisor of residential real estate agencies
with a pre-eminent position in the mid to upper segments of the sales and
lettings markets. The franchise model allows entrepreneurial real estate
professionals to provide the highest standards of service under the banner of
a long-established brand name and to benefit from the support and promotion
that Winkworth offers.

Winkworth is admitted to trading on the AIM Market of the London Stock
Exchange.

For further information please visit: www.winkworthplc.com
(http://www.winkworthplc.com)

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