Inactive Instrument

Abbey plc

DOY

IE0000020408

Abbey : Trading Statement 07.10.2016

October 10, 2016 at 06:32 am EDT

CHAIRMAN'S REMARKS TO SHAREHOLDERS AT AGM

ABBEY CURRENT TRADING

Ladies and Gentlemen, welcome to the 79th Annual General Meeting of Abbey plc. Before commencing the formalities this morning, I wish to make a brief statement about current trading.

Trading in the last few months has been satisfactory. In Southern England business continues to be supported by the UK Governments 'Help to Buy' equity loan programme.

In Ireland our projects in Delgany, Cornelscourt and Ratoath are progressing well.

Overall the group remains on track for a solid result.

Charles H Gallagher
Executive Chairman

-ENDS-
Date: 7th October 2016

Current Trading Statement 7th October 2016

Abbey plc published this content on 10 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 October 2016 10:32:04 UTC.

Original documenthttp://abbeyplc.ie/2016/10/trading-statement-07-10-2016/

Public permalinkhttp://www.publicnow.com/view/18E6D610DD9BBB884DD55D94A53D8D4B7B7AD6F4

Latest news about Abbey plc

FTSE 100 Ends August on a Low Note	21-08-31	DJ
Reabold Resources : Shares Drop 15% On Reservoir Damage At West Newton Field	21-08-31	MT
Sterling Likely to Remain Driven by External Factors	21-08-31	DJ
FTSE 100 Dips Into the Red as Financials Wane	21-08-31	DJ
Street Color: Pentagon Confirms Abbey Gate, Baron Hotel Explosions Were Result of Complex Attack Resulting in a Number of US and Civilian Casualties	21-08-26	MT
Street Color: Reports of Large Explosion at Abbey Gate of Kabul Airport: Politico	21-08-26	MT
WRAPUP 15-Attack on Kabul airport kills at least 13; airlift thrust into chaos	21-08-25	RE
Camellia : to Divest Abbey Metal Finishing in Germany	21-08-05	MT
London Shares Fall Ahead of BOE Policy Decision	21-08-05	DJ
TWC Enterprises : Withdraws Glen Abbey Golf Club Appeals	21-07-09	MT
Deutsche Post : DHL Express Starts DHL Fast-Track Initiative With Universal Music Group	21-06-14	MT
A Cathedral of Beer' : Belgian Abbey Reopens Brewery After Two Centuries	21-05-31	DJ
Origen Resources : Shareholders Approve Plan of Arrangement	21-05-13	MT
Crayon : Norway's Crayon Recruits Chief Compliance Officer	21-05-03	MT
Abbey : Gallagher's Takeover Offer for Abbey Closes with Over 73% Acceptances	21-04-22	MT
Gallagher Holdings Ltd completed the acquisition of 3.2% stake in Abbey plc for £10.5 million.	21-04-20	CI
Biden's Big Agenda Relies on a Shrunken, Strained -2-	21-04-20	DJ
Abbey : Gallagher Extends Offer to Acquire Remaining Stake in Abbey	21-03-29	MT
Insider Trends: Insider Sale at Dexcom Slowing 90-Days of Buying	21-03-12	MT
New York Transit Officials to Vote on Fare Increase	21-01-10	DJ
Abbey : To Sell Remaining 4% Stake To Gallagher For $19.2 Million	20-12-10	MT
Abbey plc Reports Earnings Results for the Six Months Ended October 31, 2020	20-12-10	CI
Tranche Update on Abbey plc's Equity Buyback Plan announced on March 11, 2020.	20-12-10	CI
Gallagher Holdings Ltd made an offer to acquire remaining 4.38% stake in Abbey plc for £14.4 million.	20-12-09	CI
Abbey plc Not to Declare Dividend for the Six Months Ended October 31, 2020	20-12-09	CI

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Company Profile

Abbey plc is engaged in building and property development, plant hire and property rental. The Company operates in Ireland, the United Kingdom and the Czech Republic. Its segments include Building and Property Development, Plant Hire and Property Rental. It operates a plant hire division, M&J Engineers Limited, which is located in the United Kingdom. Its subsidiaries include Abbey Holdings Limited, which is an investment holding company; Kingscroft Developments Limited, which is engaged in residential housing and land development; Abbey Group Limited, which is an investment holding company; Abbey Developments Limited, which is engaged in residential housing and land development; Abbey Investments Limited, which is engaged in property investment, and Abbey, s.r.o., which is engaged in residential housing and land development.

Sector

Homebuilding

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