AIM I bought at 93
target is at least 200

Final Results

From Friday :- Interim Management Statement

Summary

· Overall new business margin of 10.7% (Q1 2012: 9.7%) reflects the continued increase in the proportion of regular premium business, in line with the Group's stated strategy;

· Regular premium new business flows remain resilient: £30.3m PVNBP in the quarter (Q1 2012: £33.9m), arising primarily from the growth market of the Far East;

· Single premium flows of £8.8m have reduced from £10.6m received in Q1 2012. This reflects the impact of volatile markets, which are affecting the timing of investment decisions and the Group's strategy of focussing on more profitable regular premium new business;

· Through profitable new business and improved market conditions, EEV at 30 September 2012 has increased marginally from £224.3m at 30 June 2012;

· The value of Assets under Administration as at 30 September 2012 has increased to £1.05bn (30 June 2012: £1.03bn);

· From 1 January 2013 Gordon Marr will assume the position of Group CEO, whilst the Group's founder, Dr Leonard Polonsky, will take the role of non-executive Chairman.

Directorate Change

Hansard Global plc ("Hansard" or "the Group"), the specialist long-term savings provider, announces today that Mr Joseph Kanarek, the Group's Chief Distribution Officer and Board member, has indicated his intention to retire with effect from 1 July 2013. Accordingly he will relinquish his Board position and other Group responsibilities with effect from 30 June 2013.

Leonard Polonsky, Chairman of Hansard Global plc, commented:
"We are grateful to Joe for his hard work over the last twelve years and will be working with him for the remainder of this financial year to execute the Group's strategy.

RNS Number : 5387W

Hansard Global plc

29 January 2013

29 January 2013

Hansard Global plc

("Hansard" or "the Group")

New business results for the six months ended 31 December 2012

Hansard Global plc, the specialist long-term savings provider, issues its new business results for the six months ended 31 December 2012 (H1 2013), which demonstrate continuing success in the Group's strategy to source regular premium new business from international growth markets and to drive significantly higher new business margins.

Summary

-- Strong growth in regular premium sales has underpinned Q2 2013 sales of GBP44.3m on the basis of Present Value of New Business Premiums ("PVNBP") which are 13.3% ahead of Q1 2013 levels;

-- Overall new business margin of 12.1% (H1 2012: 10.4%) reflects the continued increase in volume and proportion of regular premium business, in line with the Group's stated strategy;

-- Regular premium new business in H1 2013 of GBP66.8m PVNBP, primarily from the growth markets of the Far East and Latin America, remained in line with the GBP67.6m recorded in H1 2012;

-- As a result of the Group's strategy of focussing on more profitable regular premium new business and uncertain economic conditions in Europe, single premium new business flows of GBP16.6m in the period have fallen from GBP22.1m in H1 2012;

-- Over 1,300 policies have been introduced electronically in H1 2013 using the Online new business facility through Hansard OnLine, representing approximately 76% of regular premium policies issued in H1;

-- Assets under Administration of GBP1.05bn as at 31 December 2012 are broadly in line with the position at 30 September 2012 and marginally above the level at 30 June 2012.

Results for the year ended 30 June 2013

Recommended final dividend per share 4.75p ( Subject to approval by shareholders)

Interim Management Statement

Summary
· The transfer of the Hansard Europe Limited policy administration processes to the Group's offices in the Isle of Man has commenced in accordance with plans agreed with the Central Bank of Ireland;

· New business premiums of Hansard International Limited of £34.4m PVNBP in the quarter have increased by 4.2% (Q1 2013: £33.0m). Regular premium flows of £27.8m have reduced marginally from £28.4m received in Q1 2013, while Single premium flows of £6.6m have increased by £2.0m from Q1 2013;

· New business margins on the PVNBP basis have reduced to approximately 10.0% (Q1 2013: 10.7%);

· The Group has traded profitably during the period and generated strong positive cashflows. Decreases in capital market values in the quarter have been reflected in slight reductions in the value of both policyholder Assets under Administration and in the Group's embedded value at 30 September 2013, when compared with 30 June 2013.

Update on the 29th - Financial Calendar

New business results for the six months ended 31 December 2013

Summary
· New business of Hansard International Limited of £55.2m PVNBP in the period is 24.2% below H1 2013. This is primarily as a result of the cessation of a large distribution relationship in the Far East;

· Single premium flows of £10.8m have increased by 13.5% from H1 2013, while regular premium flows of £44.4m have reduced from £63.2m received in H1 2013;

· New business margins on the PVNBP basis have reduced to approximately 7.5% (Q1 2014: 10.0%);

· Following recent settlement agreements, writs totalling approximately £2.5m remain outstanding against Hansard Europe (H1 2013: £11.6m);

· IFRS results are expected to be in line with expectations, despite the litigation settlements.

Half Yearly Report

SUMMARY
· New business of £55.2m PVNBP in the period is 24.2% below H1 2013, as previously announced;
· IFRS profits increased by 8% over H1 2013 to £6.6m after tax;
· EEV earnings reduced to £5.5m from £9.5m in H1 2013 as a result of reduced new business flows;
· Following settlements of £0.5m in H1 2014 (H1 2013: £nil), writs outstanding against Hansard Europe reduced to £4.6m (H1 2013: £11.6m);
· The Group continues to improve Hansard OnLine to increase service levels for policyholders and intermediaries, and to implement new business initiatives;
· Increased interim dividend of 3.40p per share (H1 2013: 3.25p per share).


more..

H1 Results and Strategy Presentation

Hansard Global plc, ("Hansard" or "the Group") the specialist long-term savings provider, today hosts a presentation from 11:30am (GMT) in London, when the senior management team will present the H1 2014 results, together with the results of the review of the Group's new business strategy.

Hansard issued its results for the six months ended 31 December 2013 on 27 February 2014 and this presentation will include no new material information.

A webcast of the event will be available to investors by contacting the company.

Had a dabble here yesterday at 86p, ex div today and sp gone up instead of usual drop so all good.,.

nice 100p finish, thanks skinny hope this continues.,.

broken through the 100p barrier:

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yes!! 104p

Interim Management Statement

Summary
· A successful launch of a range of new product features and a refreshed branding in the last week of March 2014;

· New business of Hansard International Limited of £72.1m PVNBP in the period is 44.8% below Q3 2013, as anticipated;

· We have recently identified weaknesses in the Group's procedures in relation to the issue of Chargeable Events certificates required by HMRC. We are at an early stage in quantifying the impact of this issue but we currently estimate the Group's exposure, including professional costs, to be approximately £5m;
· New business margins on the PVNBP basis are approximately 5.5% (H1 2014: 7.5%) as a result of reduced sales volume;

· Following recent settlements, writs totalling approximately £3.5m remain outstanding against Hansard Europe (Q3 2014: £11.7m);

· An increased interim dividend of 3.40p per share was paid to shareholders on 3 April 2014.

Should have taken 104 when it was there.,.

Looking to close the gap.

These went for DCG, looking like a good share to be back in plus a div too.,.

Confirmation of Board Changes

With effect from 1st July 2014:-

1. Dr Leonard S Polonsky CBE is appointed President of the Board. He remains a non-executive director but ceases to be the Chairman of the Board;

2. Mr Philip Gregory takes on the role of Chairman of the Board. He retains the role of Chairman of the Group's Nominations Committee but ceases to be the Senior Independent Director and Chairman of the Remuneration Committee; and

3. Mr Maurice Dyson takes on the roles of Senior Independent Director and Chairman of the Remuneration Committee. Mr Dyson remains Chairman of the Group Audit Committee.

New business results for the year ended 30 June 2014

Hansard Global plc ("Hansard" or "the Group"), the specialist long-term savings provider, issues its new business results for the year ended 30 June 2014 ("FY 2014").

Summary
· We successfully launched our new sales and distribution strategy, and a range of new products and a refreshed branding, in the last week of March 2014. Launch events around the world during April and May generated considerable interest among Independent Financial Advisors and policyholdersand will provide a platform for sustainable diversified new business flows;

· New business of Hansard International Limited of £83.0m PVNBP in the year ended 30 June 2014 is approximately half of its prior year new business volumes, as anticipated, due in part to suspension of activities by a large distributor in Japan;

· New business margins on the PVNBP basis for FY 2014 are approximately 4.0% (Q3 2014: 5.5%) primarily as a result of reduced sales volume;

· We will shortly submit to HMRC our assessment of potential liability in relation to the issue of Chargeable Events Certificates previously announced. Our estimate of the Group's exposure, including professional costs, remains unchanged at £5m;

· Writs totalling approximately £5.9m remain outstanding against the Group (FY 2013: £3.9m).