Notice of Full Year Results

RNS Number : 2835O
Record PLC
29 May 2020
 

29 MAY 2020

RECORD PLC


NOTICE OF RESULTS

Record plc (“Record” or “the Company”), the specialist currency manager, will announce its results for the year ended 31 March 2020 on 19 June 2020.

There will be a conference call for sell-side analysts at 9:30am on the day of results, hosted by CEO Leslie Hill and CFO Steve Cullen. To receive conference call details for the analyst presentation please contact record@buchanan.uk.com 

 

For further information, please contact:

 

Record plc                                                                             Tel: +44 (0) 1753 852 222

Leslie Hill, Chief Executive Officer

Steve Cullen, Chief Finance Officer

 

Buchanan                                                                               Tel: +44 (0) 20 7466 5130

Giles Stewart                                                                         record@buchanan.uk.com 

Victoria Hayns

Henry Wilson

Notes to Editors

Record plc

 

Record is a specialist currency manager and provider of currency hedging services for institutional clients. Founded in 1983, Record has established a market leading position as a currency manager. Specifically, the Group has a leading position in managing Currency Hedging and Currency for Return for institutional clients.

 

The Group has four principal reporting lines:

 

v Dynamic Hedging, where Record seeks to eliminate the impact of currency movements on elements of clients’ investment portfolios that are denominated in foreign currencies when these movements are expected to result in an economic loss to the client, but not to do so when they are expected to result in an economic gain;

v Passive Hedging, where Record seeks to eliminate fully or partially the economic impact of currency movements on elements of clients’ investment portfolios that are denominated in foreign currencies;

v Currency for Return, in which Record enters into currency contracts for clients with the objective of generating positive returns; and

v Multi-Product, where the client mandate includes combined hedging and return-seeking objectives.

Record (LSE: REC) was admitted to trading on the London Stock Exchange on 3rd December 2007.

 

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