Dillistone Group PLC AGM Statement (8797O)
June 15 2022 - 2:00AM
UK Regulatory
TIDMDSG
RNS Number : 8797O
Dillistone Group PLC
15 June 2022
Dillistone Group Plc
("Dillistone", the "Company" or the "Group")
AGM Statement
At the Annual General Meeting ('AGM') of Dillistone Group Plc,
the AIM quoted supplier of software and services to the recruitment
industry, being held today at 10:30 am, Giles Fearnley, Chairman of
Dillistone, will make the following AGM statement:
"We are pleased to report that the improved trading performance
noted in the late months of 2021 has continued into 2022. Across
both our contingency and executive search products, we see reasons
for optimism with all our products performing broadly in line with
- or better than - we would have anticipated at this point in the
year.
"We are also pleased to confirm that Talentis has continued to
grow rapidly, with recurring revenue in Q1 2022 being double that
delivered in Q4 of 2021. The current quarter is likely to see a
further doubling in which case it will become the fourth successive
quarter in which realised recurring revenue has doubled on the
previous period. This grow rate is expected to slow over the
traditionally quiet summer, but we are confident that the product
will deliver further strong growth in the final months of the
year.
"The business is trading in line with market expectations for
the full year."
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
Contacts:
Dillistone Group Plc Via Walbrook PR
Jason Starr Chief Executive Officer
Joanne Curd Chief Financial Officer
WH Ireland Limited (Nominated adviser)
Managing Director,
Chris Fielding Corporate Finance 020 7220 1650
Walbrook PR 020 7933 8780
Tom Cooper / Nick Rome dillistone@walbrookpr.com
Notes to Editors:
Dillistone Group Plc is a global leader in the supply of
technology solutions and test & train services to the
recruitment sector worldwide, in both contingency recruitment and
executive search markets.
The Group trades through the Ikiru People brand (
www.IkiruPeople.com ), selling into recruitment, staffing and
executive search businesses, as well as corporate talent
acquisition teams around the world.
Ikiru People provides the platforms its clients need to test and
train candidates, support further development, enhance the
recruitment process, and source the best talent. Operating in more
than 50 countries over six continents and working with thousands of
users, the Group boasts more than 30 years in the market and 100's
of years of collective experience.
The Group develops, markets and supports the Talentis,
FileFinder, Infinity, Mid-Office, ISV and GatedTalent products.
Dillistone was admitted to AIM, a market operated by the London
Stock Exchange plc, in June 2006.
Learn about our products:
Talentis Software: https://www.talentis.global/recruitment-software
Voyager Software: https://www.voyagersoftware.com
GatedTalent Services: https://www.talentis.global/optimization-services
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END
AGMSFLFMLEESEDM
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