REG - iEnergizer Limited - Trading update
RNS Number : 4150OiEnergizer Limited01 October 20191 October 2019
iEnergizer Limited
("iEnergizer" or the "Company")
Trading update
iEnergizer, the technology services and media solutions leader for the digital age, is pleased to report that the Company has performed strongly in the first half of the financial year with a continued focus on higher margin work. This growth is coming from both existing and new clients.
As a result of this, revenue and operating profit are expected to be ahead of market expectations.
EICR Cyprus Limited ("EICR") recently took market soundings to ascertain if there was institutional interest to purchase a small proportional holding from EICR to increase liquidity in iEnergizer. EICR received strong institutional interest but ultimately decided not to proceed with this share sale due to adverse UK public market conditions.
This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 ("MAR"). Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Enquiries:
iEnergizer Ltd.
+44 (0)1481 242233
Chris de Putron
Mark De la Rue
Arden Partners, Nomad and Broker
020 7614 5900
Ciaran Walsh / Steve Douglas / Dan Gee-Summons (Corporate Finance)
James Reed-Daunter (Equity Sales)
FTI
Jonathon Brill / Edward Westropp
020 3727 1000
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDTSTCKDDDABDDQKK
Recent news on iEnergizer
See all newsREG - AIM iEnergizer Limited - Cancellation - iEnergizer Limited
AnnouncementREG - iEnergizer Limited - Matched Bargain Facility with JP Jenkins
AnnouncementREG - iEnergizer Limited - Result of GM / Cancellation of Admission
AnnouncementREG - iEnergizer Limited - Appointment of Head of Investor Relations
AnnouncementREG - iEnergizer Limited - Holding(s) in Company
Announcement