Learning Technologies Group PLC AGM Statement (3270C)

TIDMLTG

RNS Number : 3270C

Learning Technologies Group PLC

12 June 2023

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 15 Fetter Lane, London, EC4A 1BW and via video conference at 11am on Monday 12 June 2023.

Andrew Brode, Chairman of LTG, will make the following remarks at the AGM:

"With a step-change in the scale of our business following the successful integration of GP Strategies, our broader offering provides a platform to capture a greater proportion of the circa $100 billion, and growing, addressable market in digital learning and talent management.

In a challenging macro environment we continue to see moderate business momentum in the first half of 2023 supported by a healthy sales pipeline. Our strong balance sheet will enable the Group to make select accretive acquisitions in due course that fit our long-term strategy.

Further information on trading will be provided in our Trading Update on 27 July 2023".

The registration link for shareholders to join the virtual AGM can be found here: https://attendee.gotowebinar.com/register/6681254305488409439

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 1.15 pence per share, a 64% increase amounting to a final dividend of c. GBP9.1m, subject to shareholder approval at the Annual General Meeting, will be paid on 14 July 2023 to shareholders on the register at the close of business on 23 June 2023.

 
 Enquiries: 
 Learning Technologies Group plc 
  Jonathan Satchell, Chief Executive 
  Kath Kearney-Croft, Chief Financial Officer                   +44 (0)20 7832 3440 
 Numis Securities Limited (NOMAD and Corporate Broker) 
  Nick Westlake, Ben Stoop, Tejas Padalkar                      +44 (0)20 7260 1000 
 Goldman Sachs International (Joint Corporate Broker) 
  Bertie Whitehead, Adam Laikin                                 +44 (0)20 7774 1000 
 FTI Consulting (Public Relations Adviser) 
  Jamie Ricketts / Emma Hall / Lucy Highland / Jemima Gurney    +44 (0)20 3727 1000

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.

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June 12, 2023 02:00 ET (06:00 GMT)

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