REG - Learning Technol.Grp - AGM Statement

Learning TechnologiesAnnouncement

30/05/2024 07:00

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RNS Number : 3524Q  Learning Technologies Group PLC  30 May 2024

30 May 2024

 

Learning Technologies Group plc

("LTG", the "Group")

 (AIM: LTG)

 

AGM statement

 

LTG, the provider of services and technologies for digital learning and talent
management, is pleased to provide the following statement ahead of its Annual
General Meeting ("AGM") to be held today at its registered office at 3 New
Street Square, London, EC4A 3BF and via video conference at 10am on Thursday
30 May 2024.

 

Andrew Brode, Chairman of LTG, will make the following remarks at the AGM:

 

"In a subdued macro environment, LTG focused on execution in 2023, reflected
in financial performance in line with consensus expectations, continued margin
progression and record cash flow generation.

 

While the Board maintains a cautious stance for 2024, our global client
footprint, diversification and product innovation leave us well placed to
return to organic revenue growth as the economy improves.

 

The strength of our balance sheet, supported by good cash generation, will
provide the Group with enhanced capital allocation optionality, in line with
our long-term strategic objectives.

 

Further information on trading will be provided in our Trading Update in July
2024".

 

The registration link for shareholders to join the virtual AGM can be found
here: https://attendee.gotowebinar.com/register/6247026385803670619
(https://attendee.gotowebinar.com/register/6247026385803670619) .

 

A link to LTG's Annual Report and Accounts can be found
here: https://www.ltgplc.com/investor-information/ltg-results-reports-presentations/
(https://www.ltgplc.com/investor-information/ltg-results-reports-presentations/)

 

The proposed final dividend of 1.21 pence per share, a 5% increase amounting
to a final dividend of c. £9.5m, subject to shareholder approval at the
Annual General Meeting, will be paid on 28 June 2024 to shareholders on the
register at the close of business on 7 June 2024.

 

 Enquiries:
 Learning Technologies Group plc                           +44 (0)20 7832 3440

 Jonathan Satchell, Chief Executive

 Kath Kearney-Croft, Chief Financial Officer
 Deutsche Numis (NOMAD and Corporate Broker)               +44 (0)20 7260 1000

 Nick Westlake, Ben Stoop, Tejas Padalkar
 Goldman Sachs International (Joint Corporate Broker)      +44 (0)20 7774 1000

 Bertie Whitehead, Adam Laikin
 FTI Consulting (Public Relations Adviser)                 +44 (0)20 3727 1000

 Jamie Ricketts, Emma Hall, Lucy Highland, Jemima Gurney

 

About LTG

 

Learning Technologies Group plc (LTG) is a leader in the growing workplace
digital learning and talent management market. The Group offers end-to-end
learning and talent solutions ranging from strategic consultancy, through a
range of content and platform solutions to analytical insights that enable
corporate and government clients to close the gap between current and future
workforce capability.

 

LTG is listed on the London Stock Exchange's Alternative Investment Market
(LTG.L) and headquartered in London. The Group has offices in Europe, North
America, South America and Asia-Pacific.

 

 

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