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.

Virgin Money recommends final dividend of 2p per ordinary share

As announced in the Virgin Money UK PLC (LON:VMUK) 2023 Annual Report and Accounts published on 23 November 2023, the directors of the Company have recommended a final ordinary dividend..

FirstGroup profits increased to £100.6 million

FirstGroup plc (LON:FGP) has announced its half yearly report for the 27 weeks to 30 September 2023. Growth in profit driven by strong performance in both First Bus and First..

Hipgnosis Songs Fund updates on strategic review

Further to the vote against the Company continuing its business as a closed-ended investment company at the Company’s Annual General Meeting held on 26 October 2023, the Hipgnosis Songs Fund..

Johnson Matthey results impacted by lower precious metal market prices

Johnson Matthey PLC (LON:JMAT) has announced its half year results for the six months ended 30th September 2023. Continued execution against a challenging economic backdrop · Good growth in underlying..

Grainger partners with Network Rail and Bloc Group through ‘blocwork’

Grainger plc (LON:GRI), the UK’s largest listed residential landlord with over 10,000 operational rental homes, has announced that it has agreed to enter a partnership with Network Rail and Bloc..

HgCapital Trust appoints Helena Coles to the Board

HgCapital Trust plc (LON:HGT) has announced that Ms Helena Coles will join the Board on 21 November 2023. Helena has over 20 years of investment experience, has considerable expertise in..

Edinburgh Investment Trust outperforms FTSE All-Share Index, NAV increased 4.5%

Edinburgh Investment Trust plc (LON:EDIN) has announced the interim results for the period ended 30 September 2023. Highlights: ·    Net Asset Value (NAV) per share (with debt at fair value) on..

Telecom Plus Co-CEO Andrew Lindsay to step down

Telecom Plus PLC (LON:TEP), trading as Utility Warehouse or UW, which supplies a wide range of utility services focussed on domestic customers, has announced that Andrew Lindsay has informed the..

Workspace strong rental income growth driving increase in dividend

Workspace Group PLC (LON:WKP), London’s leading owner and operator of sustainable, flexible work space has announced its results for the half year to 30 September 2023. The comments in this..

Hill & Smith expands composites business with acquisition of United Fiberglass

Hill & Smith PLC (LON:HILS), the international provider of sustainable infrastructure products and services, today announces the acquisition of United Fiberglass of America Inc. Acquisition of United Fiberglass The Group..

Schroder Oriental Income Fund’s Kate Cornish-Bowden resigns from Board

Schroder Oriental Income Fund Limited (LON:SOI) has confirmed that, further to the announcement on 3 August 2023 that Kate Cornish-Bowden had advised the Board that she will resign as a..

PureTech’s Karuna receives positive results from its KarXT blood pressure trial

PureTech Health plc (Nasdaq: PRTC, LON:PRTC), a clinical-stage biotherapeutics company, notes that its Founded Entity, Karuna Therapeutics (NASDAQ: KRTX), announced positive results from its Phase 1b open-label, eight-week inpatient trial..

GCP Infrastructure publishes its quarterly investor update

GCP Infrastructure Investments Ltd (LON:GCP) has announced the publication of its investor report, which is available at www.gcpinfra.com. At 30 September 2023: ·    The net asset value was, as previously announced,..

Ninety One closing AuM decreased by 5% in challenging market conditions

Ninety One plc (LON:N91) has announced its interim results for the six months to 30 September 2023. Highlights ‒   Challenging market and business conditions. ‒   Closing assets under management decreased..

Diversified Energy Company Declares Third Quarter Dividend

Diversified Energy Company PLC (LON:DEC) has today announced that the Board has declared an interim dividend of 4.375 cents per share in respect of 3Q23 for the three month period..

Diversified Energy Company Deliver Consistent and Reliable Results

Diversified Energy Company PLC (LON:DEC) has announced it is trading in line with expectations and provides the following operations and trading update for the quarter ended 30 September 2023. Delivering..

Dr. Martens appoints Giles Wilson as new CFO

Dr. Martens plc (LON:DOCS) has announced that Giles Wilson has been appointed to the role of Chief Financial Officer (CFO). Giles will join Dr. Martens and take up his role..

Elementis to host Capital Markets Day at 2pm today

Elementis plc (LON:ELM) will hold a Capital Markets Day for analysts and investors, at 2pm today. The day will be hosted by Paul Waterman, Chief Executive Officer, and will include..

Babcock reinstating dividend with full year expectations unchanged

Babcock International Group PLC (LON:BAB) has announceds its half year results for the six months ended 30 September 2023. Statutory results 30 September 2023 30 September 2022 Revenue £2,177.0m £2,144.0m..

Kainos Group key business areas continue to deliver strong growth

Kainos Group plc (LON:KNOS), a UK-headquartered IT provider with expertise across three divisions – Digital Services, Workday Services, and Workday Products, has announced its results for the six months ended..

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