TIDMDL.

RNS Number : 5254Z

Dealogic (Holdings) PLC

14 January 2011

DEALOGIC (HOLDINGS) PLC

Trading Statement

14th January 2011

Dealogic (Holdings) plc ("the Company"), the provider of a platform of software, communications and information products to the investment banking industry today provides the following update on trading during 2010.

The company is pleased with its performance during 2010, which is expected to be ahead of current expectations with revenues of approximately US$ 103 million and a modest increase in profit after tax. Revenues benefited from the continued growth of our platform throughout the year and from favourable capital market activity, especially during the final quarter of the year. The rate of revenue growth was larger than profit growth due to our continued heavy investment in the development of our platform. Earnings per share growth will benefit from the reduction in the number of shares in issue following the June 2010 tender offer.

Dealogic expects to announce full year results for 2010 on 15th March 2011.

 
 ENQUIRIES 
 Dealogic (Holdings) plc 
  Helen Vincent                                  +44 20 7379 5650 
 Company Secretary 
 
 JP Morgan Securities Ltd (Nominated Advisor) 
  Andrew Hodgkin                                 +44 20 7588 2828 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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