Source - LSE Regulatory
RNS Number : 8265B
M Winkworth Plc
06 June 2023
 

6 June 2023

M Winkworth plc

                                                 Results of Annual General Meeting

 

Directors of M Winkworth Plc ("Winkworth" or the "Company") are pleased to announce that all the resolutions proposed at the Company's annual general meeting held today were approved by shareholders.

At the AGM, Dominic Agace, CEO of Winkworth, made the following comment:

"The first quarter of 2023 was in line with management expectations, with a greater weighting towards letting income as the much commented on rentals market continued to power ahead. While interest rates are likely to peak at a higher level than previously anticipated, we believe that we are now nearing the top of the tightening cycle and would expect the sales market to perform satisfactorily for the year as a whole. With four new franchises scheduled to open in the second half, as well as some resales of franchises to new operators, we are well positioned for when confidence returns and transactions improve."

 

For further information please contact:

M Winkworth Plc                                                          Tel : 020 7355 0206

Dominic Agace (Chief Executive Officer)

Andrew Nicol (Chief Financial Officer)

Milbourne (Public Relations)                                        Tel : 07903 802545

Tim Draper

Shore Capital (NOMAD and Broker)                              Tel : 020 7408 4090

Robert Finlay

David Coaten

Henry Willcocks

 

About Winkworth

Winkworth is the leading London franchisor of residential real estate agencies with a pre-eminent position in the mid to upper segments of the sales and lettings markets. The franchise model allows entrepreneurial real estate professionals to provide the highest standards of service under the banner of a long-established brand name and to benefit from the support and promotion that Winkworth offers.

Winkworth is admitted to trading on the AIM Market of the London Stock Exchange.

For further information please visit: www.winkworthplc.com

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
RAGUPUBGQUPWGUQ
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

M Winkworth PLC (WINK)

+6.00p (+3.53%)
delayed 15:49PM