REG - M Winkworth Plc - Results of Annual General Meeting

M WinkworthAnnouncement

06/06/2023 11:30

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RNS Number : 8265B  M Winkworth Plc  06 June 2023

6 June 2023

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 today were approved by shareholders.

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

"The first quarter of 2023 was in line with management expectations, with a
greater weighting towards letting income as the much commented on rentals
market continued to power ahead. While interest rates are likely to peak at a
higher level than previously anticipated, we believe that we are now nearing
the top of the tightening cycle and would expect the sales market to perform
satisfactorily for the year as a whole. With four new franchises scheduled to
open in the second half, as well as some resales of franchises to new
operators, we are well positioned for when confidence returns and transactions
improve."

 

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
(https://url.avanan.click/v2/___http:/www.winkworthplc.com___.YXAxZTpzaG9yZWNhcDphOm86M2YxM2MwZDgxOTZkYmYxOGUwMmFmNTA1NGQ5ZjI0ZTY6NjpjMzJjOjQ0NGQ3ZjBjNTc2ZjU0MWJkOGEzNDk5YmMzMDA2ZWM3MGZhNGNkMDVjZDczYzY2NGJhOTcyMDRhNmYxY2MwMzU6cDpU)

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