Capital Markets Teach-In

202302090200RNS_____UKDISCLO_20230209_3563P REC True Thu, 09 Feb 2023 07:00:00 GMT Thu, 09 Feb 2023 07:02:16 GMT
RNS Number : 3563P
Record PLC
09 February 2023

LEI Number: 5493000VJ55ZTYGX4322


9 February 2023







Record plc ("Record" or the "Company"), the specialist currency and asset manager, is hosting a Capital Markets Teach-In from 13:30 GMT today at which an update will be presented to analysts and investors on the evolution of the Company's strategy and ambitions, with a focus on its core strategic priorities of diversification and modernisation. No new financial information will be disclosed at this event.


During the Teach-In, Leslie Hill, Chief Executive Officer and her management team will:


·    undertake a review of recent financial performance and key growth drivers


·    reiterate medium-term financial targets:

growth of revenue to at least £60 million in respect of the year ending 31 March 2025 ("FY-25")

growth of operating margin to approximately 40% by FY-25

maintenance of ordinary dividend target payout ratio within the range of 70% to 90% of annual earnings

develop opportunities to outperform through performance fees


·    describe Record's progress in pursuing the strategic diversification of its products and services, including:

the expansion of activities in Europe via Record Asset Management, the Company's BaFin-registered subsidiary headquartered in Frankfurt, Germany

the investment and business opportunities that the Company is pursuing, and the partnerships that it has established, through its Record Digital initiative


·    address the strategic modernisation of systems and technology to enhance the efficiency and scalability of the business.



The event will last around 2 hours 30 minutes and will be hosted in-person at the offices of Buchanan at 107 Cheapside, London or virtually via a live webcast. In order to sign up for the webcast, please use the following link:


Following conclusion of the teach-in, the slides and the recordings of the presentations will be made available for download on the Investors Centre section of the Record website, available from the following link:




-Ends -



For further information, please contact:


Record plc

Leslie Hill, Chief Executive Officer

Steve Cullen, Chief Finance Officer


Tel: +44 (0) 1753 852 222


Simon Compton

Henry Wilson

George Beale

Tel: +44 (0) 20 7466 5000


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