Business
Further Update re COVID-19
Further Update re COVID-19.
About this update from Manolete Partners Plc
[{"type":"text","content":"\n \n \n RNS Number : 7282L\n Manolete Partners PLC\n 04 May 2020\n \n \n \n \n 4 May 2020\n \n \n \n \n \n \n \n \n Manolete Partners PLC\n \n \n (\"Manolete\" or the \"Company\")\n \n \n \n \n \n Further Update re COVID-19\n \n \n \n \n \n Further to the update issued on 2 April 2020, Manolete Partners plc (AIM:MANO), the leading listed UK insolvency litigation financing company, provides the following operational update.\n \n \n As the COVID-19 crisis develops, Manolete continues to perform well. Key Performance Indicators for the calendar year to date are as follows:\n \n \n \n \n \n \n \n \n 1. Case Enquiries\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Jan\n \n \n \n \n Feb\n \n \n \n \n March\n \n \n \n \n April\n \n \n \n \n Total\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Year 2020 \n \n \n \n \n 80\n \n \n \n \n 51\n \n \n \n \n 50\n \n \n \n \n 57\n \n \n \n \n 238\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Year 2019\n \n \n \n \n 17\n \n \n \n \n 27\n \n \n \n \n 32\n \n \n \n \n 28\n \n \n \n \n 104\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Difference\n \n \n \n \n 371%\n \n \n \n \n 89%\n \n \n \n \n 56%\n \n \n \n \n 104%\n \n \n \n \n 129%\n \n \n \n \n \n \n \n \n The table above illustrates that\n \n the number of case enquiries as the pandemic arose in March and April were in line with the levels of enquiries pre-COVID-19 and were significantly ahead of comparable 2019 enquiry levels.\n \n \n The January 2020 enquiry level was particularly high reflecting the inclusion of an unusually large block of 21 cases from a single Insolvency Practitioner.\n \n \n \n \n \n \n \n \n 2. New Signed Cases\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Jan\n \n \n \n \n Feb\n \n \n \n \n March\n \n \n \n \n April\n \n \n \n \n Tot...