Share - Adding accounts and firmly in profit

Share has completed the acquisition and transfer of accounts from J.P. Morgan Asset Management and in August reported its first H1 operating profit since 2014. This followed a return to profit in H218 and was achieved against a more challenging background for trading volumes and despite bearing some costs associated with the approach from Interactive Investor. Prospectively, a revival of investor confidence and benefits from adding further customer accounts could provide upside from our maintained normalised earnings estimates.