Learning Tech Gp PLC - AGM Statement
("LTG", the "Group")
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 online via video conference at
"2019 was an excellent year for LTG, reflecting good organic momentum from cross-selling initiatives and investment in product development. It was particularly pleasing to see our Content & Services business return to organic constant currency growth, as expected. The highly complementary acquisition of Open LMS at the end of
In light of COVID-19, we remain focused on the safety and wellbeing of our people and continue to serve our customers during the current market uncertainty.
LTG continues to see demand in line with management expectations. It is in a strong and resilient position and is well-placed to further consolidate the digital learning and talent sector. We thank investors for their support for our recent equity fundraising. This will enable the Group to capitalise on exciting acquisition opportunities as they emerge, as well as to capture the benefits of the acceleration of structural industry trends towards digital learning and talent management whilst maintaining a strong balance sheet. This underpins LTG's ambitious medium-term goal, to achieve c.
Excluding gross placing proceeds of
The registration link for shareholders to join the virtual AGM can be found here:
+44 (0)20 7402 1554
+44 (0)20 7260 1000
Goldman Sachs International (Joint Corporate Broker)
+44 (0)20 7774 1000
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FTI Consulting (Public Relations Adviser)
+44 (0)20 3727 1000
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
This information is provided by RNS, the news service of the
Quick facts: Learning Technologies Group PLC
Market Cap: £1.02 billion
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