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Results of Annual General Meeting and Trading Update
Lombard Risk Management plc (the “Company”)
30th September 2010
Lombard Risk Management plc (AIM: LRM), the global provider of specialised software solutions that improve the management and reporting of collateralised trading, liquidity and regulatory compliance, announces that all resolutions at today’s Annual General Meeting were passed.
John Wisbey, CEO, announced to the meeting that, with a few hours still left of the current half year, Lombard Risk had achieved a profit in the six months to 30 September 2010 on revenues around 30% up against the ?.32m achieved in the comparable period last year. All the divisions of the firm have contributed positively during this period, with a particularly strong contribution from the regulatory part of the business. Net cash at 30 September 2010 was slightly over ?.2m, with no debt.
Contacts:
| Lombard Risk Management plc | Tel: 020 7593 6700 www.lombardrisk.com |
| Philip Crawford, Chairman | |
| John Wisbey, CEO | john.wisbey@lombardrisk.com |
| Allenby Capital Limited | Tel: 020 3328 5656 |
| Brian Stockbridge / Alex Price | |
| Walbrook PR Ltd | Tel: 020 7933 8780 |
| Paul McManus | Mob: 07980 541 893 or paul.mcmanus@walbrookpr.com |
| Bob Huxford | Mob: 07747 635 908 or bob.huxford@walbrookpr.com |