Last Trade Price
TechFinancials Inc.
(“TechFinancials” or the “Company”)
Trading Update
TechFinancials Inc. (AIM: TECH), a leading technology provider to financial trading brokers, announces a trading update ahead of its final results for the year ended 31 December 2016.
The Group is pleased to announce that trading in H2 2016 has been consistent with H1 results. The Board therefore expects full year revenue to be in line with or marginally ahead of market expectations for the full year. Group EBITDA is anticipated to be ahead of market expectations for the year.
For further information:
| TechFinancials, Inc. | Tel: +972 54 5233 943 |
| Asaf Lahav, Group Chief Executive Officer | |
| Yuval Tovias, Chief Financial Officer |
| Grant Thornton UK LLP (Nominated Adviser) | Tel: +44 (0) 20 7383 5100 |
| Colin Aaronson / Samantha Harrison / Seamus Fricker |
| Northland Capital Partners Limited (Broker) | Tel: +44 (0) 20 3861 6625 |
| David Hignell / Rob Rees |
| NEX Corporate Adviser and Joint Broker Peterhouse Corporate Finance | Tel: +44 (0) 20 7469 0930 |
| Fungai Ndoro / Eran Zucker |
Media enquiries:
| Yellow Jersey PR Limited (Media Relations) | Tel: +44 (0) 7748 843 871 |
| Charles Goodwin / Felicity Winkles |
Further information can be found at http://techfinancials.com.