RNS Number : 9369Q
Arden Partners plc
22 April 2009
 




For Immediate Release                                                                                                       22 April 2009



Arden Partners plc ("Arden")



Annual General Meeting 2009: Statement


The Annual General Meeting for Arden (AIM: ARDN), the institutional stockbroker, takes place today at 11.00am. 


Chairman Sir David Rowe-Ham will deliver the following statement to shareholders-


"Trading since we reported our year end result has, as we expected, continued to be difficult. We see current market conditions as representing an opportunity for a relationship based broker and since the year end we have grown our corporate client list by 30% and continue to target new gains.  Commission levels are down on last year, however there are a number of potential corporate transactions in progress which may come to fruition.


We remain confident in the potential for the Arden model to be both defensive in bear markets and to grow strongly on a market recovery."



- E N D S -



For further information, contact-


Arden Partners plc                                         020 7398 1630

Jonathan Keeling - Chief Executive Officer

Trevor Norris - Finance Director


Altium                                                             020 7484 4040

Phil Adams / Sam Fuller


Buchanan Communications                            020 7466 5000

Mark Edwards / Chris McMahon



This information is provided by RNS
The company news service from the London Stock Exchange
 
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