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.

Plus500 Ltd Subdued financial markets in the quarter weighed on the revenue

Plus500 Ltd (LON:PLUS), a leading online service provider for trading Contracts for Differences (“CFDs”) internationally, today provides a trading update for the three months ended 31 March 2019. Summary ·..

National Express Group PLC acquires 60% stake in WeDriveU

National Express Group PLC (LON:NEX) today announced the acquisition of 60 percent of the shares of WeDriveU Holdings Inc., Silicon Valley’s premier employee shuttle company. WeDriveU provides employee shuttle services..

Grafton Group plc Combined Dutch businesses to have over €300m revenue from 113 branches

Grafton Group plc (LON:GFTU), the merchanting and DIY Group with operations in the UK, Ireland, the Netherlands and Belgium, is pleased to announce that it has conditionally agreed to acquire..

Man Group Plc $3.8 billion increase in our funds under management driven by strong investment performance

Man Group Plc (LON:EMG) , today announced trading statement for the quarter ended 31 March 2019 Key points · Funds under management (FUM) of $112.3 billion at 31 March 2019..

WH Smith Plc Strong trading performance across the Group with profits in line with expectations

WH Smith Plc (LON:SMWH), today announced interim results for the six months ended 28 February 2019. Overview · Group revenue up 8% with Group like-for-like* revenue up 1% · Travel..

Ted Baker Appoint Lindsay Page as the Company’s Chief Executive Officer

Ted Baker (LON:TED), the global lifestyle brand, is pleased to announce the appointment of Lindsay Page as the Company’s Chief Executive Officer (“CEO”) with immediate effect. Lindsay joined Ted Baker..

IP Group plc Diurnal positive advice from EMA for Chronocort

IP Group plc (LON: IPO), the developer of intellectual property-based businesses, notes the announcement by its portfolio company Diurnal Group plcthat, following a positive meeting with the European Medicines Agency..

Syncona Ltd Creation of leading retinal gene therapy platform

Syncona Ltd (LON:SYNC), a leading healthcare company focused on founding, building and funding global leaders in life science, today announces the merger of its companies, Gyroscope Therapeutics (Gyroscope), an ophthalmology..

Ted Baker Plc Creation of Joint Venture to expand Ted Baker brand in Mainland China, Hong Kong and Macau

Ted Baker Plc (LON:TED), the global lifestyle brand, today announced that on 10 April 2019 it entered into an agreement with Shanghai LongShang Trading Company Ltd. (“LS”) to create a..

Stagecoach Group plc Department for Transport rail franchising

Stagecoach Group plc (LON:SGC) has been informed by the Department for Transport (“DfT”) that it has been disqualified from the current three UK rail franchise competitions. Stagecoach was shortlisted in..

McCarthy & Stone Plc Significant progress in delivering new strategy

McCarthy & Stone Plc (LON:MCS), the UK’s leading developer and manager of retirement communities, announced its financial results for the six months ended 28 February 2019 (2019). All comparatives are..

PageGroup Plc Growth across all of our regions

PageGroup Plc (LON:PAGE), today announced first quarter trading update. Q1 Highlights* · Group gross profit growth +11.7% (+11.2% in reported rates) · All four regions delivered growth, 12 countries grew..

Dunelm Group plc Strong growth in the third quarter

Dunelm Group plc (LON:DNLM), the UK’s leading homewares retailer, reported the following trading update for the 13-week period ended 30 March 2019. Revenue Total like-for-like (LFL) revenue for the third..

QinetiQ Group PLC completes pension scheme buy-in

QinetiQ Group PLC (LON:QQ) today announced that the QinetiQ Pension Scheme (the Scheme) has completed its first bulk annuity insurance buy-in for approximately £690m. Scottish Widows were selected for the..

Diageo Plc Debra Crew appointed to Board of Directors

Diageo Plc (LON:DGE) announced the appointment of Debra Crew as a Non-Executive Director, effective on 18 April 2019. Debra will also join the Audit, Nomination and Remuneration Committees of the..

Brewin Dolphin Holdings Plc Contract for the replacement of custody and settlement system

Brewin Dolphin Holdings Plc (LON:BRW) announced that its subsidiary, Brewin Dolphin Limited, has signed an Agreement with Avaloq UK Limited (“Avaloq”) to replace its core custody and settlement system. This..

Syncona Ltd – Autolus announced launch of proposed offering

Syncona Ltd (LON:SYNC), a leading healthcare company focused on founding, building and funding global leaders in life science, today notes that its portfolio company, Autolus Therapeutics plc has filed a..

Sports Direct Intl Plc Statement regarding press speculation in relation to Debenhams plc

Sports Direct Intl Plc (LON:SPD) notes the recent press speculation regarding a proposal made by Sports Direct to underwrite a £150 million equity issuance by Debenhams plc (“Debenhams”). Sports Direct..

Indivior PLC Presents RECOVER Study Data at ASAM 2019

Indivior PLC (LON: INDV) on Saturday announced data from two new studies: the first provides insights into dosing of once-monthly SUBLOCADE™ (buprenorphine extended-release) injection for subcutaneous use (CIII), for the..

Energean Oil and Gas plc Completion of drilling operations at Epsilon First Oil

Energean Oil and Gas plc (LON: ENOG, TASE: אנאג), the oil and gas producer focused on the Mediterranean, today announced successful completion of drilling operations of the extended reach well,..

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