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MUR - Murgitroyd News Story

670p 0.0  0.0%

Last Trade - 18/12/19

Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £48.0m
Position in Universe th / 1828

Murgitroyd Group PLC Trading Statement

Mon 21st June, 2010 3:42pm

RNS Number : 9750N
Murgitroyd Group PLC
21 June 2010

Murgitroyd Group PLC
("Murgitroyd" or "the Group")

Period-end Trading

Murgitroyd, the European Patent and Trade Mark Attorney practice, is pleased
to announce a trading update for the financial year ended 31 May 2010.

The Board confirms that both activity levels and business performance for the
second half of the financial year have been satisfactory. As a result, the
underlying trading result for the full year is anticipated to be in line with
market expectations and the Board remains confident about the future prospects
of the Group.

The Group's new business development office in Japan opened on 1 June 2010,
based in Tokyo. This is the second new office opening in 2010, following the
previously announced opening of a Finland Office in Helsinki earlier in the
year. The Group is actively recruiting professional and paralegal staff across
the Group. Reflecting the Group's commitment to organic growth, as well as the
strategic importance of its business development activities, Executive Chairman
Ian Murgitroyd has taken on the role of Global Head of Business Development,
based in Murgitroyd's Global Business Development Centre in Raleigh, North
Carolina. Total staff numbers in Raleigh have increased to seven during 2010,
and are anticipated to increase further. The Group's Raleigh-based staff will
relocate to larger, permanent office accommodation in the Autumn.

In addition, the Group's Deputy Chairman, David Castle, has indicated his
intention to retire from the Group at this year's AGM.

The Group expects to release its results for the financial year ended 31 May
2010 on or around 6 September 2010.

For further information:

| Murgitroyd Group PLC | |
| Keith Young, Chief Executive | T: 0780 295 1913 |
| | |
| Brewin Dolphin Limited | |
| (NOMAD) | |
| Sandy Fraser | T: 0845 213 2072 |
| | |

This information is provided by RNS
The company news service from the London Stock Exchange


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