FTSE 250

FTSE 250 Market news covers the latest developments for the FTSE 250 Index, which tracks the 101st to the 350th largest companies by market capitalisation on the London Stock Exchange. This category includes updates on company admissions and delistings, quarterly and annual results, mergers and acquisitions, board appointments and departures, regulatory news and policy changes.

Great Portland Estates pre-letting momentum remains healthy

Great Portland Estates plc (LON:GPE) has published its trading update for the quarter to 30 June 2020. Toby Courtauld, Chief Executive, said: “Whilst the lockdown has started to ease and..

Plus500 Ltd appoint CEO and provide half year trading update

Plus500 Ltd (LON:PLUS), a leading technology platform for trading Contracts for Difference internationally, has issued the following trading update for the six months ended 30 June 2020, as well as..

Micro Focus International a consistent performance with significant opportunities

Micro Focus International plc (LON:MCRO), (NYSE:MFGP), the international software product group, has announced unaudited interim results for the six months ended 30 April 2020. Key highlights: ·      Revenue performance consistent with..

Cineworld Group legal proceedings commenced by Cineplex Inc.

Cineworld Group plc (LON:CINE) confirmed that Cineplex has initiated proceedings against Cineworld in relation to the termination on 12 June 2020 of the Arrangement Agreement relating to its proposed acquisition..

Jupiter Fund Management appoint Belinda Richards as an independent Non-Executive Director

Jupiter Fund Management plc (LON:JUP) has announced the appointment of Belinda Richards as an independent Non-Executive Director with effect from 1 September 2020. Belinda has a thirty-year career specialising in..

The Rank Group to re-open its Mecca bingo clubs from 4th July

The Rank Group plc (LON:RNK) has stated that, in line with recently updated Government guidance, the Group will commence the reopening of its Mecca bingo clubs from tomorrow, 4 July..

Essentra plc see increasing monthly sales trend during quarter

Essentra plc (LON:ESNT) has provided a pre-close trading update for the half year ending 30 June 2020, in light of the impact of COVID-19. Commenting on today’s announcement, Paul Forman,..

Calisen plc to resume smart meter installations

On 25 March 2020 Calisen plc (LON:CLSN) announced it would temporarily suspend all non-essential smart meter installations and field services. The Group has now seen some of its energy retailer..

TBC Bank Group launches operations in Uzbekistan

TBC Bank Group plc (LON:TBCG) has announced that its subsidiary, JSCB TBC Bank has launched its banking operations in Uzbekistan, initially in a pilot mode for “friends and family”, and..

Weir Group completes new US$950m RCF and £200m Term Loan

Weir Group PLC (LON:WEIR) has confirmed the completion of the ordinary course refinancing of its main banking facilities. The Group is also providing an update on Covid-19 and current trading..

888 Holdings FY20 adjusted EBITDA to be significantly ahead of expectations

888 Holdings plc (LON:888), one of the world most popular online gaming entertainment and solutions providers, has provided the following pre-close trading update covering the period from 1 January to..

easyJet agree sale and leaseback of aircraft for $255 million

easyJet plc (LON:EZJ) has announced that they have successfully agreed the sale and leaseback of six A320neo aircraft for aggregate cash sales proceeds of $255m (approximately £206m). The proceeds of..

QinetiQ Group to sell Boldon James to HelpSystems International

QinetiQ Group plc (LON:QQ) has announced it has reached an agreement to sell Boldon James Limited to HelpSystems International Limited for a consideration of £30m. Boldon James provides data classification..

Capita H1 revenue expected to be around 10% lower than 2019

Capita plc (LON:CPI) has provided its H1 2020 market update. Summary We have delivered a strong operational response to COVID-19 impact, working with colleagues and clients to protect service delivery;..

LondonMetric Property announces two acquisitions worth £72.9 million

LondonMetric Property Plc (LON:LMP) has announced two acquisitions for a total consideration of £72.9 million. Both transactions had previously been identified by the Company at the time of its recent..

PureTech founded entity Akili receives approval to market EndeavorRx in Europe

PureTech Health plc (LON:PRTC), a clinical-stage biotherapeutics company dedicated to discovering, developing and commercialising highly differentiated medicines for devastating diseases, has noted that its Founded Entity, Akili, today announced that..

Diploma appoints Barbara Gibbes as Chief Financial Officer

Diploma PLC (LON:DPLM) has confirmed that Barbara Gibbes has been appointed as Chief Financial Officer by the Board at its meeting held yesterday, Monday 22 June 2020. At the same..

Cranswick record capital expenditure of £101m to provide platform for continued growth

Cranswick plc (LON:CWK), a leading UK food producer, today announces its audited preliminary results for the 52 weeks ended 28 March 2020. COVID-19 update: Proactive and comprehensive COVID-19 action plan..

ICG Enterprise Trust PAI Partners reaches agreement to sell Roompot

ICG Enterprise Trust plc (LON:ICGT) has stated that PAI Partners has reached an agreement to sell Roompot, an operator and developer of holiday parks in Northern Europe, to KKR. The..

Close Brothers Group select Adrian Sainsbury to succeed Preben Prebensen as Chief Executive

Close Brothers Group plc (LON:CBG) has announced that Adrian Sainsbury has been selected to succeed Preben Prebensen as Chief Executive. Adrian will take up the new position, and become an..

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