Business
European Sales Update and Notice of AGM
European Sales Update and Notice of AGM.
About this update from Gear4music (holdings) Plc
[{"type":"text","content":"\n \nRNS Number : 2066D Gear4music (Holdings) PLC 05 July 2016 \n\n5 July 2016\n \n \nGear4music (Holdings) plc\n \nAnnual Report and Accounts and Notice of Annual General Meeting and European Sales Update\nThe board of Gear4music (Holdings) plc ('the Company'), the largest UK based online retailer of musical instruments and music equipment, announces that the Company's Annual Report and Accounts for the year ended 29 February 2016 and Notice of Annual General Meeting ('the AGM') are now available to view on the Company's website www.gear4musicplc.com and will be posted to shareholders on 5 July 2016. A related form of proxy will be posted at the same time.\nThe AGM will be held at 10.30 a.m. on 29 July 2016 at the offices of Walker Morris LLP, Kings Court, 12 King Street, Leeds LS1 2HL.\nEuropean sales update following the UK's EU Referendum vote\n· 191% increase in European like-for-like sales in the first full week following the UK's EU Referendum vote, from Monday 27 June to Sunday 3 July.\n \n· Compares favourably to a 120% increase in European like-for-like sales in the week preceding the EU Referendum vote, from Monday 13 June to Sunday 19 June.\n \n· European sales supported by favourable exchange rates and responsive pricing.\nA more detailed trading update will be provided at the AGM on 29 July 2016.\n- Ends -\n \nFor further information, please contact\n\n\n\n\nGear4music\n \nAndrew Wass, Chief Executive Officer\nChris Scott, Chief Financial Officer\n \n \n\n\n+44 843 155 0800\n\n\n\n\nPanmure Gordon (Financial Adviser, Nominated Adviser and Broker)\nFred Walsh / Peter Steel / Duncan Monteith - Investment Banking\nErik Anderson / Tom Salvesen - Corporate Broking\n \n \n\n\n+44 20 7886 2500\n\n\n\n\nMHP Communications (Financial PR)\nAndrew Leach\nSimon Hockridge\n \n\n\n+44 20 3128 8100\n\n\n\n\n \n \nBackground to Gear4music\n \nOperating from an office, showroom and distribution centre in York, the Group sells own-brand musical instruments and music equipment alongside premium third party brands including Fender, Yamaha and Gibson, to customers ranging from beginners to musical...