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WH Ireland - back office to close at end May up to 30 P45s to be issued

By Tom Winnifrith, The Sheriff of AIM | Wednesday 6 April 2016


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Pensioner mugging stockbroker WH Ireland (WHI) has not announced this via RNS yet but just to remind it to come clean, my source close to the action says that the back office unit of its stockbroking operation is to be closed at the end of May. It is not clear if the almost 30 staff - many of whom have worked there for more than two decades - have been given the bad news yet. Well I guess they have now.


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