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.

Vesuvius remain confident in ability to achieve a 12.5% return-on-sales

Vesuvius (LON:VSVS), a global leader in molten metal flow engineering and technology, released the following Trading Update covering the period from 1 July to 30 September 2019. The challenging market..

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..

CLS Holdings plc acquires Pacific House, Reading for £14.9m

CLS Holdings (LON: CLI) has announced that it has completed the acquisition of Pacific House in Reading, a 57,086 sq. ft (5,303 sqm) multi-let office building, for £14.9 million excluding..

LondonMetric Property First disposal from Mucklow portfolio

LondonMetric Property (LON:LMP) announced that it has sold an office and a distribution warehouse for a combined consideration of £11.6 million at material premiums to book value. The 21,000 sq..

Ferrexpo release statement on Group CEO Kostyantin Zhevago

The Board of Ferrexpo (LON:FXPO) has noted recent headlines with regards to the Group’s CEO and majority shareholder, Kostyantin Zhevago. The Board is closely monitoring the situation and will take..

Energean Oil & Gas PLC Sell E&P North Sea Assets for up to $280 million

Energean Oil and Gas plc (LON: ENOG, TASE: אנאג), the oil and gas producer focused on the Mediterranean, has announced that, further to Energean’s proposed acquisition of Edison Exploration and..

HICL Infrastructure announce new investments

HICL Infrastructure (LON:HICL), the listed infrastructure investment company managed by InfraRed Capital Partners Limited, announced the completion of the acquisition of the transmission assets associated with the Race Bank Windfarm,..

Man Group plc Well positioned with a further return of capital

Man Group (LON: EMG) have provided the markets with a trading update for the quarter ended 30th September 2019. Key points · Funds under management (FUM) of $112.7 billion at..

Big Yellow Group receive planning permission for new store in Hove

Big Yellow Group (LON:BYG) announced that it has received planning permission for its new store in Hove. The store will provide 55,500 sq ft of net lettable area, including 4,700..

Future accelerates Mobile Nations earnout payment

The Board of Future (LON:FUTR), the global platform for specialist media, announced that it has accelerated the payment of earnouts to the management team of MoNa Mobile Nations, the leading..

TP ICAP announce settlement of FCA investigation

TP ICAP (LON:TCAP) announced that its subsidiary, Tullett Prebon (Europe) Limited has entered into a settlement with the Financial Conduct Authority with respect to an investigation in relation to certain..

3i Infrastructure plc Raise £222.8 million in placing

3iN Infrastructure plc (LON: 3IN) has announced the completion of the equity placing announced on 3rd October 2019. A total of 81,000,000 new ordinary shares of no par value each..

Omnova shareholders vote in favour of Synthomer’s proposed acquisition

Synthomer (LON:SYNT) noted yesterday’s announcement by OMNOVA Solutions Inc. that its shareholders have voted overwhelmingly in favour to approve Synthomer’s proposed acquisition. Shareholders from both companies have now voted in..

Sabre Insurance Group in line with expectations

Sabre Insurance Group plc (LON: SBRE), one of the UK’s leading private motor insurance underwriters, has provided a trading update for the nine months ending 30th September 2019. Summary ·..

Galliford Try Secures £340m contract with AMP7 frameworks

Galliford Try plc (LON: GFRD), has announced that its Water business has been appointed to AMP7 frameworks worth approximately £340m to the company. The company was appointed by Southern Water..

Inchcape Sells Fleet Solutions for £100m

Inchcape plc (LON: INCH), the leading independent multi-brand automotive Distributor with global scale, has announced that it has agreed to sell its Inchcape Fleet Solutions business to Toyota Fleet Mobility..

Dunelm Group YoY Growth +5.8% in trading update

Dunelm Group plc (LON: DNLM), the UK’s leading homewares retailer, has reported the following trading update for the 13-week period ended 28th September 2019. Revenue Total like for like (LFL)..

London Stock Exchange Group confirms HKEX withdrawal

Further to the announcements made by Hong Kong Exchanges and Clearing Limited (HKEX) and London Stock Exchange Group (LON:LSE) in relation to HKEX’s possible offer for the entire issued and..

Unite Group PLC New Partnership with University of Leeds

Unite Group plc (LON: UTG), one of the UK’s leading owners, developers and managers of student accommodation, announced today that it has agreed commercial terms with the University of Leeds..

GVC Holdings PLC Full year EBITDA guidance upgraded

GVC Holdings PLC (LON: GVC), the global sports-betting and gaming group, has today announced a trading update for the period 1st July 2019 to 30th September 2019. Key highlights Q3..

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