IN BRIEF: Fintel confirms trading to date in line with expectations

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Fintel PLC - Huddersfield, England-based provider of fintech and support services - Says trading to date is in line with the board’s expectations and that it continues to execute against its strategy, ahead of its annual general meeting on Tuesday morning. Fintel notes it has completed its previously announced acquisition of RSMR, and has onboarded six new customers following the launch of its market intelligence software Matrix 360 into the General Insurance market. The firm will release a half-year trading update in July, and expects to publish its interim results in September.

‘The board remains confident in Fintel’s ability to achieve further progress and is committed to delivering sustainable growth while maintaining a disciplined approach to capital allocation,’ says Fintel.

Current stock price: 275.00 pence, down 5.2% in London on Tuesday

12-month change: down 8.0%

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