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.

Hammerson Terminates SPA and takes £21 million deposit as sale falls through

Hammerson plc (LON:HMSO) has today announced that Orion European Real Estate Fund V had notified the company that it did not intend to complete on the sale of a portfolio..

National Express Group Looking to invest in further growth opportunities

National Express Group plc (LON:NEX), a leading international transport provider with a diverse international portfolio of public transport assets, has today announced an extension to its plans in response to..

Cairn Energy Mexico Operations complete at Ehecatl-1 exploration well

Cairn Energy plc (LON:CNE) have announced today that operations have been completed on the Eni operated Ehecatl-1 exploration well on Block 7, located in the Sureste Basin Offshore Mexico, in..

John Laing Group Completes sale of its 30% interest in Auckland South Corrections Facility

John Laing Group plc (LON:JLG), the international active investor and partner behind responsible infrastructure, has today announced that it has completed the sale of its 30% interest in Auckland South..

LondonMetric Property Proposed Placing to raise approximately £100 million

LondonMetric Property plc (LON:LMP), today announced a placing to raise gross proceeds of approximately £100 million through the issue of approximately 56 million new Ordinary Shares representing approximately 6.7 per..

Pollen Street Secured Lending dividend 19th June

Pollen Street Secured Lending plc (LON:PSSL) announced today that on 4 May 2020, the Directors declared an interim dividend of 12p per ordinary share for the three month period to..

LXI REIT Sells two social housing assets totalling £2.2 million

LXi REIT plc (LON:LXI), the specialist inflation-protected very long income REIT, has today announced the following profitable disposal. Following receipt of an unsolicited approach, the Company has sold two social..

IG Group Holdings Appoint Charlie Rozes as Chief Financial Officer

The Board of IG Group Holdings plc (LON:IGG), a global leader in online trading, has today announced the appointment of Charlie Rozes as Chief Financial Officer of the Company. This..

Big Yellow Group announce the appointment of Laela Pakpour Tabrizi

Big Yellow Group plc (LON:BYG) has today announced the appointment of Laela Pakpour Tabrizi, as a Non-Executive Director with effect from 1 July 2020. Laela has 15 years’ experience in..

GCP Student Living NAV, portfolio update and dividend

GCP Student Living plc (LON:DIGS), the UK’s first REIT focused on student residential assets, today announces that at close of business on 31 March 2020, the unaudited estimated EPRA net..

GVC Holdings Board to take a voluntary 20% reduction in basic salary

GVC Holdings plc (LON:GVC), the global sports betting and gaming group, has today provided a further update on its Board and Executive remuneration in light of the ongoing impact of..

ConvaTec Group maintaining 2020 guidance although risks across the business have increased

ConvaTec Group Plc (LON:CTEC) has today announced its Trading update for the three months ended 31 March 2020. Key Points: ·    Group reported revenue of $460 million increased 6.9% year on..

G4S maintains a high level of business continuity throughout the pandemic

G4S plc (LON:GFS) has today provided the following update for the three months ended 31 March 2020. Unless stated otherwise, all figures and commentary relate to underlying results, are unaudited..

Lancashire Holdings remains fully open for business

Lancashire Holdings Limited (LON:LRE) today announced its trading statement for the three months ended 31 March 2020. Trading statement highlights • Resilient business model and operational capabilities despite COVID-19 global..

John Laing Group Appoint Ben Loomes as new CEO

John Laing Group plc (LON:JLG) today announced the appointment of Ben Loomes as Chief Executive Officer with effect from 8 May 2020. Following the announcement of his departure on 23..

Marks and Spencer Group Appoints New Directors

Marks and Spencer Group plc (LON:MKS) is appointing Tamara Ingram and Sapna Sood as a Non-Executive Directors with effect from 21 May 2020. Tamara joins from a longstanding leadership career..

KAZ Minerals Aktogay Expansion Project remains on track

KAZ Minerals plc (LON:KAZ) today announced an update on the Aktogay Expansion Project including a reduction in capital expenditure guidance for 2020. Following a review of construction progress to date..

Trainline plc Lenders waive financial covenant

Trainline plc (LON:TRN), the leading independent rail and coach travel platform selling rail and coach tickets to millions of customers worldwide, today announced that its lenders have waived the financial..

Synthomer plc Q1 Trading and COVID-19 Update

Synthomer plc (LON:SYNT) today issued a trading update for the quarter ended 31st March 2020. Q1 Trading As announced previously, the Group has experienced a solid start to the year..

Hipgnosis Songs Fund Interim Dividend

Hipgnosis Songs Fund Limited (LON:SONG) has today announced the Company’s interim dividend for the period from 1 January 2020 to 31 March 2020 in respect of the Ordinary Shares. The..

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