10 Jun 2008 13:51
10 June 2008
WORK GROUP PLC
A leading HR consulting services provider
AGM statement
Work Group plc, the AIM listed HR consulting services company, announces that at its Annual General Meeting held earlier today, all the proposed resolutions were duly passed. Simon Howard, Executive Chairman of Work Group, commented:
"Work Group continues to make progress and we are pleased that all the resolutions were passed and in particular that the company will be paying an increased dividend.
In our preliminary results announcement in March we stated our intention to establish an office in Hong Kong and I am pleased to report that this will open in July. Part of the rationale for this development is that it will support existing client relationships and, in particular, our global campus marketing contracts. The new office is planned to increase revenue from the region later in 2008.
We remain alert to opportunities for acquisitions but will be cautious in taking on debt."
Work Group expects to announce its half year results on 23 September 2008.
www.workgroup.plc.uk
Further enquiries:
| Work Group Simon Howard, Executive Chairman Michael Warren, Finance Director | Tel: +44 (0)20 7492 0000 |
| Altium Tim Richardson Sam Fuller | Tel: +44 (0)20 7484 4040 |
About Work Group
Work Group offers a range of HR Consulting Services which enable employers to win the war for talent. It focuses on providing services in "talent acquisition and talent development" which enable employers to more effectively recruit and retain key staff.
Work Group's approach is to help employers reduce their traditional reliance on third-party recruiters such as head-hunters and recruitment firms through helping them establish and maintain a direct relationship between employer and prospective employee. It also helps employers reduce attrition costs through better people development and retention of key talent.
Work Group currently operates through three divisions; Executive Research, Employer Marketing and Recruitment Process Outsourcing and provides services from its six locations in the UK and offices in New York and Hong Kong.