Share indicated that Q3 trading was in line with expectations and it is continuing to implement its IT investment programme to deliver an improved customer experience and greater scalability to provide for future growth. On this front, assets under administration (AUA) have continued to increase organically and an acquisition of a book of accounts has been agreed. This and previously announced partnership agreements with Computershare and a wealth manager are set to begin contributing to revenues next year. Our estimates and valuation are unchanged.
