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.

Travis Perkins reports encouraging start to the year

Travis Perkins plc (LON:TPK) has today provided a Q1 2021 trading update. Highlights Positive start to 2021 driven by strong RMI demand with Group (excluding Wickes) like-for-like sales growth of..

easyJet H1 2021 results slightly better than expectations

Summary easyJet plc (LON:EZJ) has operated a disciplined flying programme over the winter months whilst continuing to deliver a major restructuring and cost reduction programme. As a result, easyJet expects..

Avon Rubber second quarter continued to be strong with ongoing positive momentum

Avon Rubber p.l.c. (LON:AVON) has today provided the following trading update for its current financial year ending 30 September 2021. Summary Further to the AGM update on 29 January 2021, trading..

TUI launches convertible bonds offering

The Management Board of TUI AG (LON:TUI) resolved today, with the consent of the Supervisory Board, to launch an offering of senior unsecured bonds convertible as per their terms and..

Carnival Cruise Line Notifies Guests Of Cruise Cancellations

Carnival plc (LON:CCL) have announced today that Carnival Cruise Line is notifying guests of additional cruise cancellations and the extension of its pause in all operations from U.S. ports through..

Drax Group Satisfied conditions for proposed acquisition of Pinnacle Renewable Energy

On 8 February 2021, Drax Group plc (LON:DRX) announced that it had entered into an agreement to acquire the entire issued share capital of Pinnacle Renewable Energy Inc.. On 31..

Syncona Limited portfolio company Achilles IPO to raise approximately $175.5 million

·   Achilles is focused on developing personalised T cell therapies for the treatment of solid tumours, specifically targeting neo-antigens ·   Achilles has announced the pricing of its initial public offering at a..

Domino’s Pizza Group sells Iceland Business for £13.7m

Domino’s Pizza Group plc (LON:DOM) has today announced that it has signed a binding Sale and Purchase Agreement with PPH ehf. under which DPG will sell the entire issued share..

Vesuvius appoints Dinggui Gao to the board

Vesuvius plc (LON:VSVS), a global leader in molten metal flow engineering and technology, has announced the appointment of Dinggui Gao as a Non-executive Director of the Company with effect from..

John Laing completes sale of Swedish wind farm for €8.9 million

John Laing Group plc (LON:JLG), the responsible investor and active manager of infrastructure projects internationally, has announced that it has completed the sale of its Swedish wind farm, Rammeldalsberget, to..

ContourGlobal announce its quarterly dividend

ContourGlobal plc (LON:GLO) has announced that it has approved a quarterly dividend, for the three months ended 31 December 2020, of USD 4.0591 cents per share, equivalent to $26.6 million...

AJ Bell acquire Adalpha group of companies

AJ Bell plc (LON:AJB), one of the UK’s largest investment platforms, has today announced the acquisition of the Adalpha group of companies, including Ad Alpha Solutions Ltd. Adalpha is currently..

National Express Group prepared for recovery and growth

National Express Group PLC (LON:NEX) have today provided full year results for the year ended 31st December 2020. Resilience in adversity; prepared for recovery and growth Overview Following a strong..

The Rise Fund to invest $200 million in Airtel Africa’s mobile money business

Airtel Africa plc (LON:AAF), a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today announced the signing of an agreement under which..

Hipgnosis Songs Fund acquires catalogue of Carole Bayer Sager

Hipgnosis Songs Fund Limited (LON:SONG), the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music)..

Ascential Digital Commerce growing strongly

Ascential plc (LON:ASCL), the specialist information, data and analytics company, has today announced results in line with expectations for the year ended 31 December 2020. Strategic and operational highlights ●     Strong..

Provident Financial performed slightly better than management’s expectations

Provident Financial plc (LON:PFG) is the leading provider of credit products to consumers who are underserved by mainstream lenders. Today’s update covers the Group’s trading for its financial year to..

LondonMetric Property Sells a portfolio of long income assets for £41m

LondonMetric Property Plc (“LondonMetric”) announces that it has sold a portfolio of long income assets to Realty Income, an S&P 500 US REIT, for £40.9 million, reflecting a blended NIY..

HomeServe new Chief Executive Ross Clemmow will start 22 March 2021

HomeServe plc (LON:HSV) has confirmed that, following the announcement on 17 November 2020 that Ross Clemmow will join HomeServe plc as Chief Executive, EMEA, Ross’s start date will be 22..

Unite Group extends its 50% rent discount for students for an additional three-weeks

Unite Group plc (LON:UTG) Unite Students, the UK’s leading owner, manager and developer of student accommodation, has announced an additional three-week extension to its 50% rent discount for students, originally..

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