April 2nd 2020

Update re COVID-19

We have successfully adjusted to the ongoing COVID-19 crisis. We remain fully operational, all employees in our regional offices work from home and employees in our London headquarters have been working from home for the last three weeks. Activity levels in March 2020 were high, featuring: 50 new case enquiries, 15 new signed cases and 8 case completions.
 
While there have been some delays in the Courts, very few of our cases go to Court and we have been conducting mediations and other Alternative Dispute Resolution meetings using video conferencing services during this current period of social distancing.
 
In respect of the twelve-month period ending 31 March 2020, we have achieved:
  • A 131% increase in new cases (141; FY19: 61);
  • A 54% increase in completed cases (54; FY19: 35); and
  • Gross proceeds of £10.1m (FY19: £9.3m) for the full year; with gross proceeds in the second half of FY20 of £7.7m, compared to £2.4m in the first half.
For further information please contact:
 
Manolete Partners                                                       
 
Steven Cooklin (Chief Executive Officer) via Instinctif Partners
 
Peel Hunt (NOMAD and Broker)
+44 (0)20 7418 8900                                      
Guy Wiehahn
Rishi Shah
 
Instinctif Partners                                                       
+44 (0)78 3767 4600
Tim Linacre
Lewis Hill