REG-W.H. Ireland Group PLC AGM Statement <Origin Href="QuoteRef">WHI.L</Origin>

WH IrelandAnnouncement

30/03/2017 07:06

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   W.H. Ireland Group PLC (WHI)
   AGM Statement

   30-March-2017 / 07:00 GMT/BST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   WH IRELAND GROUP PLC

   ('WH Ireland', 'WHI' or the 'Company')
   AGM Statement

   At the Company's Annual General Meeting, to be held later today, the
   Chairman, Tim Steel will make the following statement:

   'In the Chairman's statement in WH Ireland's report and accounts for the
   year ended 30 November 2016, I stated that the Board remained cautiously
   optimistic about the year ahead. I am pleased to be able to add some
   clarity to that statement nearly four months into our current financial
   year.

   The Private Wealth Management division is transitioning its operational
   platform to SEI (Europe) Ltd as planned. This should be effective as of
   the beginning of May 2017. WHI's total assets under management have
   increased to £3.0billion, a 4% increase from the year end. Of this total,
   discretionary assets have continued to rise and as at the end of February
   2017, amounted to £1.1billion, an increase of over 8% from the year end.
   Our Wealth Planning team has also performed well during this period.

   Our Corporate Broking division has seen a significant increase in client
   activity when compared with the same period last year. We have been
   involved in a number of secondary fund raisings including a £48m placing
   for CareTech Holdings plc last week. In addition, we believe that the
   strong mandated pipeline in this division bodes well for the year ahead.
   The Corporate Broking division is now led by Adam Pollock, who joined us
   in March 2017 from Zeus Capital and under his leadership we look forward
   to further growth in the client base and activity across this division.'

   For further information please contact:

   WH Ireland Group plc  1 www.whirelandplc.com

   Richard Killingbeck, Chief Executive Officer +44(0) 20 7220 1666

   ┌─────────────────────────────────┬──────────────────────────┐
   │ SPARK Advisory Partners Limited │                          │
   ├─────────────────────────────────┼──────────────────────────┤
   │ Mark Brady/Miriam Greenwood     │ +44(0) 203 368 3551/3550 │
   └─────────────────────────────────┴──────────────────────────┘

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   Language:      English
   ISIN:          GB0009241885
   Category Code: MSCM
   TIDM:          WHI
   Sequence No.:  4003


    
   End of Announcement EQS News Service


   559875  30-March-2017 

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