Share says H1 sales and profit will be ahead of expectations

AIM-listed Share, which operates stockbroker The Share Centre, said on Tuesday that sales and profitability for the first half of the year will be significantly ahead of its expectations as trading has remained strong after a record first quarter.

"Buoyant trading has been supported by the commencement in the second quarter of services to Computershare, one of the UK's leading share registrars and the largest registrar globally, as well as the successful migration of investment trust accounts from Invesco to The Share Centre Limited, with approximately 95% of the transferring accounts retained."

Half-year results to the end of June will be released on 9 August, along with a further update on trading.

At 1550 BST, the shares were up 1.1% to 24p.