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.

Bank of Georgia Group PLC Kaha Kiknavelidze to step down as Chief Executive of the Group

Bank of Georgia Group PLC (LON:BGEO) today announced that Kaha Kiknavelidze intends to step down from the Board and as Chief Executive of the Group and of JSC Bank of..

The Scottish Investment Trust PLC Delivered another year of positive total returns

The Scottish Investment Trust PLC (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..

IP Group plc Portfolio company Avacta signs development alliance with LG Chem Life Sciences

IP Group plc (LON: IPO), the developer of intellectual property-based businesses, today noted that AIM-listed portfolio company Avacta Group plc has agreed an Affimer® therapeutics development partnership and license agreement..

Meggitt PLC $15m contract with Turkish Technic

Meggitt PLC (LON:MGGT), a leading international company specialising in high performance components and sub-systems for the aerospace, defence and energy markets, announced it has signed a long term agreement with..

Bank of Georgia Group PLC Named Bank of the Year 2018 in Central and Eastern Europe

Bank of Georgia Group PLC (LON:DGEO) today announced that JSC Bank of Georgia has been recognised as the best bank of 2018 in Central and Eastern Europe by The Banker...

McCarthy & Stone plc Appointment of Chief Operating Officers

John Tonkiss, Chief Executive Officer for McCarthy & Stone, commented: “We are delighted to announce these two senior appointments to the Board. Nigel and Mike’s experience will significantly strengthen our..

Games Workshop Group PLC Trading update and Dividend

Games Workshop Group PLC (LON:GAW) announced a half year trading update for the six months to 2 December 2018. Preliminary estimates indicate sales of c. £124 million in the first..

Ted Baker Pleased with the brand’s continued expansion

Ted Baker (LON:TED), the global lifestyle brand, announces a 0.2% (0.4% in constant currency) decrease in Group revenue for the 16 week period from 11 August 2018 to 1 December..

ContourGlobal plc Sale of Spanish Concentrating Solar Power Facilities and Trading Update

ContourGlobal plc (LON:GLO) today announced that it has reached an agreement to sell a 49% interest in the company’s 250 MW Concentrated Solar Power facilities in the southwest of Spain..

Ferrexpo Plc Declared special dividend

Ferrexpo Plc (LON:FXPO) has continued to trade as expected in the second half of 2018. Pellet premiums have remained at the high levels of 1H 2018 and cash generation has..

Euromoney Institutional Investor PLC Acquires BoardEx and The Deal for $87.3 million

Euromoney Institutional Investor PLC (LON:ERM), the global business information and events group, today announced that it has agreed to acquire 100% of the equity of The Deal, LLC, comprising BoardEx..

Bank of Georgia Group PLC Launches innovative payment mechanism QR PAY

Bank of Georgia Group PLC (LON:BGEO) today announced that JSC Bank of Georgia has introduced a new payment method “QR PAY” to the local small business market. QR PAY has..

Monks Investment Trust PLC produced a negative net asset value of 0.9%

Monks Investment Trust PLC (LON:MNKS) today announced results for the six months to 31 October 2018 Over the six month period, the Company produced a negative net asset value (NAV)*..

Stagecoach Group plc Positive half-year results ahead of expectations

Stagecoach Group plc (LON:SGC), today announced Interim results for the half-year ended 27 October 2018. Financial highlights · Adjusted earnings ahead of expectations, principally reflecting: o Positive resolution of contractual..

Riverstone Energy Limited Sale of Sierra Oil & Gas

Riverstone Holdings LLC, the Manager of Riverstone Energy Limited (LON:RSE), today announced that it has agreed to the sale of 100% of its membership interests in Sierra Oil & Gas,..

Wood Group Plc Major pipeline win strengthens position

Wood Group Plc (LON:WG.) has been awarded a $43 million (USD) contract by a large-cap midstream company to construct 80 miles of steel pipeline in west Texas. The project will..

St Modwen Properties Plc Well positioned to deliver a meaningful improvement in earnings

St Modwen Properties Plc (LON:SMP), today announced a trading update for the period ended 30 November 2018. Mark Allan, Chief Executive of St. Modwen, commented: “2018 has been a year..

Victrex plc Core growth & mega-programme progress

Victrex plc (LON:VCT), an innovative world leader in high performance polymer solutions, today announced its preliminary results for the 12 months ended 30 September 2018. FY 2018 FY 2017 %..

Coats Group plc Strategic investment in Twine Solutions

Coats Group plc (LON:COA), the world’s leading industrial thread manufacturer, today announced it has become a strategic investor in Twine Solutions, an Israeli based technology start-up that has developed a..

Greencore Group plc Delivered good underlying growth in the UK

Greencore Group plc (LON:GNC), a leading manufacturer of convenience food in the UK, today issues its results for the year ending 28 September 2018. HIGHLIGHTS 1,2 · FY18 Adjusted EPS..

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