TIDMSJH

RNS Number : 8854V

St James House PLC

19 April 2021

   19 April   2021

ST. JAMES HOUSE PLC

("SJH", the "Group" or the "Company")

AGM Statement

Ahead of the Company's annual general meeting ("AGM") for the year ending 31 January 2020 which will be held at 11.00 am today, Graeme Paton, the Company's Chief Executive makes the following statement.

"Trading at the Group's businesses remains in line with the announcement of 24 March 2021.

I am delighted with the progress to date in the partnership between SJH and Tintra that was announced on 25 March 2021; combined with the audit being completed there is a new lease of life in the Group, and I look forward to exciting times ahead. Tintra has recently completed a commercial audit of SJH and has provided comprehensive internal guidance notes from which we are tomorrow commencing a 90-day change management process during which a range of internal and external facing improvements to SJH's operations will be completed during that 90-day period, this will include the delivery of a full business plan and strategy. This document and other changes will be announced in due course as the collaboration with Tintra continues."

For further information, contact:

 
 St. James House PLC 
  Graeme Paton 
  Website www.sjhplc.com                  020 3655 5000 
 
   Allenby Capital Limited 
   (Nomad, Financial Adviser & Broker) 
   John Depasquale / Nick Harriss         020 3328 5656

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END

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April 19, 2021 06:00 ET (10:00 GMT)

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