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Abbey Protection (ABB)

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  • Market Cap: £78.03m
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Trading Update and Dividend Timetable

RNS Number : 2249V
Abbey Protection PLC
10 January 2012
 



 

Abbey Protection PLC

 

 

10 January 2012

Trading Update and Dividend Timetable

 

Abbey Protection Plc ("Abbey Protection" or "the Group") the specialist supplier of legal and professional fees insurance and services products, is pleased to announce that, despite the continuing tough economic background and low interest rate environment, it expects its results for the year ended 31 December 2011 to be in line with market expectations. 

 

Abbey Protection's CEO, Colin Davison, said:

 

"We believe that strong renewal performance will continue to underpin the strength of the business and this is borne out by clients such as, the Federation of Small Businesses, which has recently signed an extension to its long term contract with the Group through to 2017. However, we are conscious of continuing wider economic uncertainty and the board anticipates that growth in the forthcoming year will be constrained."

 

Abbey Protection will announce its results for the year ended 31 December 2011 on 27 March 2012.

 

The board is also pleased to confirm the timetable for a second interim dividend as follows:

 

Announcement Date:  22 February 2012

Ex-Dividend Date:       29 February 2012

Record Date:              2 March 2012 

 

Enquiries:

 

Abbey Protection plc

Minories House

2-5 Minories

London

EC3N 1BJ

 

Colin Davison

Chris Ward

Adrian Green

 

+44 (0)845 217 8293

 

 

 

 

 

 

 

Shore Capital (Nomad & Joint Broker)

 

Bidhi Bhoma

Toby Gibbs

 

+44 (0)20 7408 4090

 

Numis (Joint Broker)

 

Charles Farquhar

 

+44 (0)20 7260 1233

 

FTI Consulting

 

Ed Gascoigne-Pees

Ed Berry

 

+44 (0)20 7269 7100

 

 

 

 

 

Notes to Editors:

 

Abbey Protection plc is an integrated specialist insurance and consultancy group, and the UK's leading supplier of legal and professional fees insurance products and services to small-to-medium sized enterprises. The Group's principal products provide protection against costs incurred as a result of legal actions and HM Revenue & Customs investigations.

 

Founded in 1992, the Group operates from offices in London, Rugby, Croydon and Milton Keynes and had 237 employees as at 31st December 2010. Abbey Protection distributes its products and services through the following divisions: Abbey Legal Protection, Abbey Legal Services, Abbey Tax Protection, Abbey HR, Accountax and After The Event Services.

 

Visit the Abbey Protection website at www.abbeyprotectionplc.com for more information.


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