Hut Group investors sell £250m shares; lock-up waived
UPDATE 3 — Manchester-based beauty and nutrition giant The Hut Group (THG) said some of its shareholders sold a total of 32.89 million shares in the…
2021
Marshalls reinstates dividend as revenue bounces back
Elland, West Yorkshire-based stone and landscaping firm Marshalls plc on Wednesday confirmed its intention to re-instate dividend payments as it reported revenue growth has “progressively…
Manchester chain firm Renold up 10%; trading robust
Shares of Shares of Manchester industrial chain firm Renold plc rose about 10% on Wednesday after it issued a trading update covering the three months ended…
Persimmon revenue down 9% to £3.3bn; shares fall
Shares of York-based house building giant Persimmon plc fell about 5% on Wednesday after it published a trading update ahead of its final results for the…
B&M shareholders Arora family sell £218m stake
SSA Investments, the Arora family investment vehicle, announced it has sold about 40 million of its shares in Liverpool-based B&M European Value Retail for £218 million….
Vimto firm Nichols sees revenue fall 19% to £118m
Merseyside-based Vimto and soft drinks firm Nichols plc said in a trading update on Tuesday that its revenue fell 19.3% to £118.7 million in the 12…
Accrol shares fall despite narrowed loss, dividend vow
Shares of Blackburn-based toilet roll and tissue maker Accrol Group fell about 7% on Tuesday after it published results for the six months ended October…
Carr’s trading robust; shareholders revolt on exec pay
Shares of Carlisle-based agriculture and engineering firm Carr’s Group rose about 5% on Tuesday after it published a “robust” trading update for the 19-week period ended…
Hut Group lifts revenue forecast as Q4 hits £559m
Manchester-based beauty and nutrition giant The Hut Group (THG) said on Tuesday it now expects full-year 2021 revenue growth to be between 30% and 35% ahead of…
Grainger buys Bristol development for £63m
Newcastle-headquartered Grainger plc, the UK’s largest listed residential landlord, said on Monday it acquired a 231-home forward fund build to rent development in Bristol for £63 million….
SIG flags £1.8bn revenue; shares up 9% amid recovery
Shares of Sheffield-based building materials supplier SIG plc rose about 9% on Monday after it published a trading update for the year ended December 31, 2020,…
AJ Bell scraps VAT, plans ‘responsible portfolios’
Salford-based investment platform AJ Bell said on Monday it is removing VAT from its Managed Portfolio Service (MPS) “cementing its position as one of the cheapest…
Warrington health REIT Assura rent roll now £118m
Assura plc, the Warrington-based healthcare real estate investment trust (REIT), said on Monday it now has a portfolio of 593 properties with a current annualised rent…
Stobart becomes Esken as brand sold to Eddie
Shares of Carlisle-based aviation and energy infrastructure firm Stobart Group rose about 9% on Monday after it announced its intention to change its name to Esken Limited….
JD Sports profit ‘significantly ahead’ of expectations
Shares of Bury-based retail giant JD Sports Fashion Plc rose about 5% on Monday after it published a trading update on its performance following the Christmas…
Pets at Home expects profit ahead of previous guidance
Shares of Wilmslow-based pet and vet retailer Pets at Home Group rose about 6% on Friday after it published a trading update saying it anticipates…
Avacta shares up on license deal with Point Biopharma
Shares of Wetherby-based biotherapeutics company Avacta Group plc rose 3% on Thursday after it said it has entered into a license agreement with Point Biopharma…
Daisy demerges £1bn cloud firm DWS ahead of IPO
Private equity firm Inflexion has agreed to make a significant minority investment in Digital Wholesale Solutions (DWS), an IT, communications and cloud wholesale platform that…
James Fisher shares up 8% on trading update
Shares of Barrow-in-Furness international marine services company James Fisher and Sons plc rose about 8% on Thursday after it published a trading update for the year…
B&M pays £200m special dividend, extra wages
Liverpool-based B&M European Value Retail said on Thursday it will pay a further special dividend of 20p per share — equating to £200 million in total…
Troubled Lookers hires interim chief financial officer
Troubled Altrincham-based car dealership Lookers plc, whose shares have been suspended amid an accounting investigation, announced that Anna Bielby has been appointed as a director and…
Clipper’s logistics up 50% amid ‘unprecedented’ trade
Leeds-based retail logistics firm Clipper Logistics on Wednesday published a trading update for the Black Friday and Christmas periods saying that it experienced “unprecedented levels of…
Auto Trader offers free advertising in February
Manchester-based Auto Trader Group plc — the UK’s largest digital marketplace for cars — on Wednesday published a trading update “as a result of the…
Greggs shares up 10% as it slows down sales decline
Shares of Newcastle-based bakery and food retailer Greggs rose about 10% on Wednesday after it published a trading update for the fourth quarter of 2020 showing…
Linen giant Johnson names Fyfe Lennox new chairman
Runcorn-based workwear and textile firm Johnson Service Group (JSG) said on Tuesday that its chairman Bill Shannon has advised the JSG board of his intention to retire…
Morrisons sales up 8% as champagne, salmon cheer
Bradford-based supermarket giant Morrisons said on Tuesday its like-for-like sales for the first 22 weeks of its second half to January 3 were up 8.1%. “Shopping patterns…
Lloyds backs £100m deal to merge Lomond, Linley
LDC, the private equity division of Lloyds Banking Group, said it has backed the creation of a new UK-wide lettings and estate agency group in a £100…