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.

Vistry Group and Sigma Capital enter Framework Agreement for 5,000 new build-to-rent homes

Vistry Group's Countryside Partnerships has signed a new Framework Agreement with Sigma Capital Group to build 5,000 homes for Simple Life Homes. This partnership builds on their existing relationship and supports their growth plans...

Dunelm Group announces Strong Sales Growth and Increased Market Share in H1 interim results

Dunelm Group plc, the UK's leading homewares retailer, has announced its interim results for H1 FY24. Highlights include strong sales growth and increased market share. The company remains focused on investing for the long term and maintaining operational grip...

Balanced Commercial Property Trust announces aale of Leonardo Building in Crawley

Balanced Commercial Property Trust Ltd (LON:BCPT) announces the sale of the Leonardo Building in Crawley, as part of its strategy to rebalance its portfolio and reduce exposure to the UK offices sector. The sale is based on a price of £26.1m, with further disposals planned...

The Renewables Infrastructure Group acquires UK Battery Storage Developer, Fig Power

The Renewables Infrastructure Group (TRIG) has acquired Fig Power, a UK-based developer specializing in battery storage. This acquisition enhances TRIG's technological diversification and adds 400MW of advanced stage battery storage projects to its development pipeline. Fig Power's experienced management team will benefit from TRIG's expertise...

Vietnam Enterprise Investments reports 1.3% NAV Growth in January

Vietnam Enterprise Investments Ltd (LON:VEIL) saw a 1.3% rise in NAV per share in January 2024. Find out more about their performance and economic indicators in this update...

SSP Group to acquire Airport Retail Enterprises in Australia

SSP Group announces the acquisition of Airport Retail Enterprises, a leading airport F&B operator in Australia, aligning with its growth strategy in the Asia Pacific region. The transaction will strengthen SSP's operational platform and expand its presence in Australia...

Victrex plc Q1 2024: Revenue and volume decline, outlook remains challenging

Victrex plc is a world leader in high-performance polymer solutions. In their Q1 2024 statement, they report a decline in revenue and volume but highlight progress in certain end-markets. They also discuss their financial position and cost actions. CEO Jakob Sigurdsson remains optimistic about the opportunity for progress in the future...

Bellway reports £1.25 billion Housing Revenue and increase in Reservations

Bellway plc has issued a trading update for the six months ended 31 January 2024, reporting housing revenue of over £1.25 billion in line with expectations. Find out more about their performance and future plans in this update...

Syncona quarterly update: Net assets and portfolio value increase, key milestones achieved by portfolio companies

Syncona Limited has issued its quarterly update, reporting an increase in net assets and a positive NAV per share return. The company's life science portfolio also saw significant growth. Read more for details. #Syncona #quarterlyupdate #lifescienceinvestment..

Dunelm appoints Ajay Kavan and Daniel Taylor as Non-Executive Directors

Dunelm Group, the UK's leading homewares retailer, has appointed Ajay Kavan and Daniel Taylor as Non-Executive Directors, effective March 1, 2024. Both will serve on various committees and bring extensive experience in retail and digital growth strategies...

Witan Investment Trust fourth interim dividend to be paid on 15 March 2024

Witan Investment Trust has announced a fourth interim dividend payment, signaling its commitment to growing dividends ahead of inflation...

Babcock International hosts Capital Markets Day, outlining Growth Strategy and Defence Industry role

Babcock International Group PLC will host a Capital Markets Day today to discuss its growth strategy and role in the defence industry. CEO David Lockwood and CFO David Mellors will provide further details...

PZ Cussons 2024 interim results impacted by Naira devaluation

PZ Cussons plc has announced its 2024 interim results. The devaluation of the Nigerian Naira impacted their financials, but they remain confident in their long-term potential...

Barratt Developments £2.5 million bid for Redrow, creating an exceptional UK homebuilder

Barratt Developments and Redrow have agreed to a recommended all-share offer, combining their reputations for quality and service in the UK homebuilding industry. The combination will accelerate home delivery and offer shareholders an opportunity for future value creation...

Renishaw Plc reports Revenue Decline and Profit Reduction

Renishaw plc has released its interim report for the six months ended December 31, 2023. Revenue decreased by 5% to £330.5m, with various factors impacting the results...

Virgin Money UK delivers growth in new accounts, deposits and target lending

Virgin Money UK plc (LON:VMUK) has released its Q1 2024 trading update, showing positive results in line with their guidance and strong business momentum. They have experienced targeted growth in customer lending and stable margins, with improving sentiment in the mortgage market...

HgCapital Trust announces strong NAV Growth and Realisation Activity

HgCapital Trust plc (LON:HGT) has released a preliminary trading update for 2023, showcasing strong growth and impressive realisation activity...

Hipgnosis Songs Fund addresses lawsuit allegations against Merck Mercuriadis and Investment Adviser

Hipgnosis Songs Fund Limited addresses media commentary on allegations against Merck Mercuriadis and Hipgnosis Songs Management...

Octopus Renewables Infrastructure Trust acquires four Irish solar farms

Octopus Renewables Infrastructure Trust has acquired four solar farms near Dublin, Ireland, adding 199MW to their renewable energy portfolio. The sites generate enough green energy to power 50,000 homes and will reduce carbon emissions by 60,000 tonnes annually. ORIT has also secured a 15-year Power Purchase Agreement with Microsoft for future revenue...
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Vistry Group and Sigma Capital enter Framework Agreement for 5,000 new build-to-rent homes

Vistry Group's Countryside Partnerships has signed a new Framework Agreement with Sigma Capital Group to build 5,000 homes for Simple Life Homes. This partnership builds on their existing relationship and supports their growth plans...

Dunelm Group announces Strong Sales Growth and Increased Market Share in H1 interim results

Dunelm Group plc, the UK's leading homewares retailer, has announced its interim results for H1 FY24. Highlights include strong sales growth and increased market share. The company remains focused on investing for the long term and maintaining operational grip...

Balanced Commercial Property Trust announces aale of Leonardo Building in Crawley

Balanced Commercial Property Trust Ltd (LON:BCPT) announces the sale of the Leonardo Building in Crawley, as part of its strategy to rebalance its portfolio and reduce exposure to the UK offices sector. The sale is based on a price of £26.1m, with further disposals planned...

The Renewables Infrastructure Group acquires UK Battery Storage Developer, Fig Power

The Renewables Infrastructure Group (TRIG) has acquired Fig Power, a UK-based developer specializing in battery storage. This acquisition enhances TRIG's technological diversification and adds 400MW of advanced stage battery storage projects to its development pipeline. Fig Power's experienced management team will benefit from TRIG's expertise...

Vietnam Enterprise Investments reports 1.3% NAV Growth in January

Vietnam Enterprise Investments Ltd (LON:VEIL) saw a 1.3% rise in NAV per share in January 2024. Find out more about their performance and economic indicators in this update...

SSP Group to acquire Airport Retail Enterprises in Australia

SSP Group announces the acquisition of Airport Retail Enterprises, a leading airport F&B operator in Australia, aligning with its growth strategy in the Asia Pacific region. The transaction will strengthen SSP's operational platform and expand its presence in Australia...

Victrex plc Q1 2024: Revenue and volume decline, outlook remains challenging

Victrex plc is a world leader in high-performance polymer solutions. In their Q1 2024 statement, they report a decline in revenue and volume but highlight progress in certain end-markets. They also discuss their financial position and cost actions. CEO Jakob Sigurdsson remains optimistic about the opportunity for progress in the future...

Bellway reports £1.25 billion Housing Revenue and increase in Reservations

Bellway plc has issued a trading update for the six months ended 31 January 2024, reporting housing revenue of over £1.25 billion in line with expectations. Find out more about their performance and future plans in this update...

Syncona quarterly update: Net assets and portfolio value increase, key milestones achieved by portfolio companies

Syncona Limited has issued its quarterly update, reporting an increase in net assets and a positive NAV per share return. The company's life science portfolio also saw significant growth. Read more for details. #Syncona #quarterlyupdate #lifescienceinvestment..

Dunelm appoints Ajay Kavan and Daniel Taylor as Non-Executive Directors

Dunelm Group, the UK's leading homewares retailer, has appointed Ajay Kavan and Daniel Taylor as Non-Executive Directors, effective March 1, 2024. Both will serve on various committees and bring extensive experience in retail and digital growth strategies...

Witan Investment Trust fourth interim dividend to be paid on 15 March 2024

Witan Investment Trust has announced a fourth interim dividend payment, signaling its commitment to growing dividends ahead of inflation...

Babcock International hosts Capital Markets Day, outlining Growth Strategy and Defence Industry role

Babcock International Group PLC will host a Capital Markets Day today to discuss its growth strategy and role in the defence industry. CEO David Lockwood and CFO David Mellors will provide further details...

PZ Cussons 2024 interim results impacted by Naira devaluation

PZ Cussons plc has announced its 2024 interim results. The devaluation of the Nigerian Naira impacted their financials, but they remain confident in their long-term potential...

Barratt Developments £2.5 million bid for Redrow, creating an exceptional UK homebuilder

Barratt Developments and Redrow have agreed to a recommended all-share offer, combining their reputations for quality and service in the UK homebuilding industry. The combination will accelerate home delivery and offer shareholders an opportunity for future value creation...

Renishaw Plc reports Revenue Decline and Profit Reduction

Renishaw plc has released its interim report for the six months ended December 31, 2023. Revenue decreased by 5% to £330.5m, with various factors impacting the results...

Virgin Money UK delivers growth in new accounts, deposits and target lending

Virgin Money UK plc (LON:VMUK) has released its Q1 2024 trading update, showing positive results in line with their guidance and strong business momentum. They have experienced targeted growth in customer lending and stable margins, with improving sentiment in the mortgage market...

HgCapital Trust announces strong NAV Growth and Realisation Activity

HgCapital Trust plc (LON:HGT) has released a preliminary trading update for 2023, showcasing strong growth and impressive realisation activity...

Hipgnosis Songs Fund addresses lawsuit allegations against Merck Mercuriadis and Investment Adviser

Hipgnosis Songs Fund Limited addresses media commentary on allegations against Merck Mercuriadis and Hipgnosis Songs Management...

Octopus Renewables Infrastructure Trust acquires four Irish solar farms

Octopus Renewables Infrastructure Trust has acquired four solar farms near Dublin, Ireland, adding 199MW to their renewable energy portfolio. The sites generate enough green energy to power 50,000 homes and will reduce carbon emissions by 60,000 tonnes annually. ORIT has also secured a 15-year Power Purchase Agreement with Microsoft for future revenue...
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