10 January 2012
Trading Update and Dividend TimetableAbbey 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
Minories House
2-5 Minories London EC3N 1BJ
Colin Davison Chris Ward Adrian Green
+44 (0)845 217 8293
Bidhi Bhoma
Toby Gibbs
+44 (0)20 7408 4090
Charles Farquhar
+44 (0)20 7260 1233
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.comfor more information.
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Abbey Protection plc Trading Update 2012 |