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Learning Technologies Group plc (LTG) held its Annual General Meeting (AGM) on 30 May 2024, where Chairman Andrew Brode provided a statement. LTG proposed a final dividend of 1.21 pence per share, a 5% increase amounting to approximately £9.5 million. This dividend, subject to shareholder approval at the AGM, is scheduled for payment on 28 June 2024 to shareholders on the register by the close of business on 7 June 2024.
| Date | 30 May 2024 |
| Time | 07:00:07 |
| Category | AGMs and other meetings |
| ID | 3524Q |
30 May 2024
Learning Technologies Group plc
("LTG", the "Group")
(AIM: LTG)
AGM statement
LTG, the provider of services and technologies for digital learning and talent management, is pleased to provide the following statement ahead of its Annual General Meeting ("AGM") to be held today at its registered office at 3 New Street Square, London, EC4A 3BF and via video conference at 10am on Thursday 30 May 2024.
Andrew Brode, Chairman of LTG, will make the following remarks at the AGM:
"In a subdued macro environment, LTG focused on execution in 2023, reflected in financial performance in line with consensus expectations, continued margin progression and record cash flow generation.
While the Board maintains a cautious stance for 2024, our global client footprint, diversification and product innovation leave us well placed to return to organic revenue growth as the economy improves.
The strength of our balance sheet, supported by good cash generation, will provide the Group with enhanced capital allocation optionality, in line with our long-term strategic objectives.
Further information on trading will be provided in our Trading Update in July 2024".
The registration link for shareholders to join the virtual AGM can be found here: https://attendee.gotowebinar.com/register/6247026385803670619.
A link to LTG's Annual Report and Accounts can be found here: https://www.ltgplc.com/investor-information/ltg-results-reports-presentations/
The proposed final dividend of 1.21 pence per share, a 5% increase amounting to a final dividend of c. £9.5m, subject to shareholder approval at the Annual General Meeting, will be paid on 28 June 2024 to shareholders on the register at the close of business on 7 June 2024.
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Enquiries: |
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Learning Technologies Group plc Jonathan Satchell, Chief Executive Kath Kearney-Croft, Chief Financial Officer |
+44 (0)20 7832 3440 |
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Deutsche Numis (NOMAD and Corporate Broker) Nick Westlake, Ben Stoop, Tejas Padalkar |
+44 (0)20 7260 1000 |
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Goldman Sachs International (Joint Corporate Broker) Bertie Whitehead, Adam Laikin |
+44 (0)20 7774 1000 |
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FTI Consulting (Public Relations Adviser) Jamie Ricketts, Emma Hall, Lucy Highland, Jemima Gurney |
+44 (0)20 3727 1000 |
About LTG
Learning Technologies Group plc (LTG) is a leader in the growing workplace digital learning and talent management market. The Group offers end-to-end learning and talent solutions ranging from strategic consultancy, through a range of content and platform solutions to analytical insights that enable corporate and government clients to close the gap between current and future workforce capability.
LTG is listed on the London Stock Exchange's Alternative Investment Market (LTG.L) and headquartered in London. The Group has offices in Europe, North America, South America and Asia-Pacific.