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
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+44 (0)20 7832 3440
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Deutsche Numis (NOMAD and Corporate
Broker)
Nick Westlake, Ben Stoop, Tejas
Padalkar
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+44 (0)20 7260 1000
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Goldman Sachs International (Joint Corporate
Broker)
Bertie Whitehead,
Adam Laikin
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+44 (0)20 7774 1000
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FTI
Consulting (Public Relations Adviser)
Jamie Ricketts, Emma Hall, Lucy
Highland, Jemima Gurney
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+44 (0)20 3727 1000
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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.