Ramsdens reports continued strong trading as chair steps down

(Sharecast News) - Ramsdens reported continued strong trading across its key income streams for the first five months of the financial year on Monday, benefiting from high gold prices in its precious metals segment. The AIM-traded jewellery and travel money specialist said it would provide a full trading update for the six months ended 31 March in April.

At its annual general meeting, being held on Monday, Andy Meehan was stepping down as non-executive chair after a decade on the board.

He was being succeeded by Simon Herrick, previously the group's senior independent director.

Following the AGM, non-executive directors Karen Ingham and Chris Muir would be chair of the remuneration committee and chair of the audit and risk committee, respectively.

At 0939 GMT, shares in Ramsdens Holdings were down 1.05% at 235p.

Reporting by Josh White for Sharecast.com.