MORTGAGE ADVICE BUREAU (HOLDINGS) PLC

AGM Information • May 24, 2017

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RNS Number : 0293G

Mortgage Advice Bureau(Holdings)PLC

24 May 2017

24 May 2017

Mortgage Advice Bureau (Holdings) plc

AGM Statement

Mortgage Advice Bureau (Holdings) plc ("MAB" or "the Group"), one of the UK's leading consumer intermediary brands and specialist Appointed Representative Networks, will hold its Annual General Meeting at 2pm today during which the Non-executive Chairman, Katherine Innes Ker, will make the following statement:

"Adviser numbers have continued to grow since our final results statement on 28 March 2017 and had increased to 990 advisers as at 19 May 2017. Organic recruitment has been in line with the Board's expectations and we expect new business recruitment to be weighted to the second half of the year.

"Our specialist and technology led approach across our entire business continues to differentiate MAB and it is our customers' future direction of travel that drives our strategic priorities for 2017 and beyond.   Current trading is in line with the Board's expectations and we look forward to delivering further growth in the remainder of this financial year."

Enquiries:

Mortgage Advice Bureau (Holdings) plc                            +44 (0)1332 525007
Peter Brodnicki, Chief Executive Officer
David Preece, Chief Operating Officer
Lucy Tilley, Finance Director
Zeus Capital                                                                              +44 (0)20 3829 5000 Martin Green Nicholas How Pippa Underwood Canaccord Genuity                                                                  +44 (0)20 7523 8350 Andrew Buchanan Richard Andrews Media Enquiries:  investorrelations@mab.org.uk

This information is provided by RNS

The company news service from the London Stock Exchange

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