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.

Pennon Group Final Determination for South West Water

Pennon Group PLC (LON: PNN) note that Ofwat has this morning published its Final Determination in respect of the K7 period (2020 – 2025). The key elements for South West..

Scottish Investment Trust deliver modest total return during 12 month period

Scottish Investment Trust (LON:SCIN) invests internationally and is independently managed. Its objective is to provide investors, over the longer term, with above‑average returns through a diversified portfolio of international equities..

NB Global Floating Rate Income Fund Portfolio Update

The NB Global Floating Rate Income Fund Limited (LON: NBLS) targets income generation whilst seeking to preserve investors’ capital and give protection against rising interest rates. The Fund’s managers seek..

FirstGroup to formally explore all options to maximise value from North American businesses

FirstGroup (LON:FGP) has been clear that its intent is to realise value for shareholders and that it will actively manage the entire portfolio by all appropriate means. Since his appointment..

NextEnergy Solar Fund energises UK’s largest subsidy-free solar plant

NextEnergy Solar Fund Ltd (LON: NESF) has announced the energisation of Staughton, the UK’s largest subsidy-free solar plant with an installed capacity of 50MWp. The Staughton solar plant will cover..

Centamin Appoints Deputy Chairman and Interim CEO

Centamin plc (LON: CEY) has announced the following changes to the Board, representing a further step in reshaping and strengthening the Company’s leadership team, with a balance of core skills,..

NextEnergy Solar Fund Limited scrip dividend

The NextEnergy Solar Fund (LON: NESF) Board has today confirmed the following in respect of the scrip dividend: Dividend period: 1 July 2019 to 30 September 2019 Dividend amount per..

John Laing Group Number of factors to impact Group full year results

John Laing Group plc (LON: JLG), the international greenfield infrastructure investor, today issued a pre-close update for the year ending 31st December 2019 ahead of the Group’s results on 3rd..

Hammerson completes sale of 75% stake in Italie Deux

Hammerson plc (LON: HMSO) has today announced that, following the clearing of the City of Paris pre-emption right, it has completed the sale of the 75% stake in the Parisian..

Dixons Carphone Deliver a robust performance and good progress on transformation

Dixons Carphone (LON: DC.) today provided unaudited results for the half year ended 26th October 2019. · Group adjusted* profit before tax of £24m (H1 2018/19: £60m) · Group statutory..

TI Fluid Systems plc Appoint Susan Levine to the board

The Board of TI Fluid Systems plc (LON: TIFS) has announcd that Susan Levine has been appointed to the Board of the Company. She will serve as a Non-Executive Director..

PZ Cussons CEO Alex Kanellis to step down

PZ Cussons Plc (LON: PZC) has announced that Chief Executive Officer Alex Kanellis will retire from the Company on 31st January 2020. Alex has been with the Company since 1993..

Riverstone Energy Limited Announces Sale of Offshore Gulf of Mexico Assets

Riverstone International Limited, the Manager of Riverstone Energy Limited (LON: RSE), together with Riverstone Holdings have agreed to the sale of all offshore Gulf of Mexico assets owned by affiliates..

Stagecoach Group Major board changes

Stagecoach Group plc (LON: SGC) has today announced a number of planned changes to its Board of Directors. The following changes to the Board of Directors are planned: • Sir..

Stagecoach Group deliver a solid set of financial results

Stagecoach Group (LON:SGC) has today announced its interim results for the half-year ended 26 October 2019. Financial highlights ·      Solid financial results reflecting business initiatives and the reduction in the scale..

Ibstock plc Kate Tinsley Appointed as Executive Director

Ibstock plc (LON: IBST) announced today that Kate Tinsley will be appointed to the Board as an Executive Director with effect from the 1st January 2020. Kate is currently the..

Edinburgh Investment Trust appoint Majedie Asset Management as new Investment Manager

Edinburgh Investment Trust (LON:EDIN) has today announced that, after an extensive review of the Company’s investment management arrangements, it has entered into heads of terms to appoint Majedie Asset Management..

Just Eat Reject Prosus N.V.’s revised Offer

Prosus N.V. announced revised terms of 740 pence per share in cash to acquire the entire issued and to be issued share capital of Just Eat plc (LON: JE.) The..

Domino’s Pizza Group Hunt for new CEO and Chairman as Stephen Hemsley steps down

The Board of Domino’s Pizza Group plc (LON: DOM) has announced that Stephen Hemsley has decided to step down from the Board with effect from the 29th December 2019. Ian..

Watches of Switzerland Group Announces Acquisition of Four New Showrooms

The Watches of Switzerland Group (LON: WOSG) announced today that it has entered into an agreement with Fraser Hart Limited to purchase four luxury watch and jewelry showrooms trading under..

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