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.

Liontrust Asset Management full and final offer for GAM Holding

Liontrust Asset Management Plc (LON:LIO), the specialist independent fund management group, today issues an update in relation to its recommended public exchange offer for all publicly held registered shares of..

Great Portland Estates plc secures ability to redevelop French Railways House and 50 Jermyn Street, SW1

Great Portland Estates plc (LON:GPE) and The Crown Estate have exchanged an option which, if exercised by GPE, will provide a new headlease and development agreement to facilitate the redevelopment..

Darktrace plc report growth of at least 31.0% in revenue

Darktrace plc (LON:DARK) a global leader in cyber security AI, today provided the following trading update for its fourth quarter and full financial year ended 30th June 2023. Highlights ·      FY..

Diversified Energy Company successfully monetise another portion of undeveloped leasehold

Diversified Energy Company PLC (LON:DEC) has announced the sale of certain undeveloped acreage within Diversified’s Central Region for net consideration of ~$16 million to an undisclosed buyer. The Assets include..

Ashmore Group assets under management decreased by US$1.8 billion

Ashmore Group plc (LON:ASHM), the specialist Emerging Markets asset manager, has announced the following update to its assets under management (“AuM”) in respect of the quarter ended 30 June 2023...

ITV plc confirms no longer exploring the possible acquisition of All3Media

Further to its announcement on 16 June 2023, ITV plc (LON:ITV ) has confirmed it continues to monitor but is no longer actively exploring the possible acquisition of All3Media. ITV..

Liontrust Asset Management Assets under management and advice decreases 6%

Liontrust Asset Management Plc (LON:LIO), the specialist independent fund management group, has issued its trading update for the three months ended 30 June 2023. Highlights ·    Net outflows of £1.6 billion1 in..

Diploma PLC to acquire European Fluid Power platform

Diploma PLC (LON:DPLM), the value-add distribution group, has announced the acquisition of Distribuidora Internacional Carmen SAU (“DICSA”), a market-leading distributor of fluid power solutions into the European aftermarket for an..

Domino’s Pizza appoint Andrew Rennie as Chief Executive Officer

Domino’s Pizza Group Plc (LON:DOM) has announced the appointment of Andrew Rennie as Chief Executive Officer (CEO). Andrew will join as a Director of DPG on 1 August 2023 and..

J D Wetherspoon expects profits to be in line with market expectations

J D Wetherspoon plc (LON:JDW) has published a pre-close trading update. The preliminary results are due to be released on 6 October 2023. Current Trading Like-for-like sales for the first..

Ithaca Energy to acquire remaining 40% stake in the Fotla Discovery

Ithaca Energy (LON:ITH) has announced it has signed a Sale and Purchase Agreement to acquire the 40% stake in the Fotla Discovery it doesn’t already own and three exploration licences..

ME Group International report revenue up 24.7% and profit before tax up 36.7%

ME Group International plc (LON:MEGP), the instant-service equipment group, has announced its results for the six months ended 30 April 2023. KEY FINANCIALS Reported   Six months ended30 April 2023..

Man Group plc to acquire Varagon Capital Partners

Man Group plc (LON:EMG) today announced it has entered into an agreement to acquire a controlling interest in Varagon Capital Partners, L.P., a leading U.S. middle market private credit manager..

Just Group plc appoint Mark Godson as Group CFO

Just Group plc (LON:JUST), the specialist UK financial services group focussing on attractive segments of the UK retirement market, has announced that Mark Godson is to join Just as Group..

Wizz Air Holdings appoints Ms Phit Lian Chong to the Board

Wizz Air Holdings Plc (LON:WIZZ), today announced the appointment of Ms Phit Lian Chong to the Board of the Company as an independent non-executive director with immediate effect. A citizen..

Supermarket Income REIT declares Q4 interim dividend

Supermarket Income REIT plc (LON:SUPR), the real estate investment trust providing secure, inflation-linked, long income from grocery property in the UK, has today declared an interim dividend in respect of..

Keller Group operating profit to be materially ahead of previous expectations

Keller Group plc (LON:KLR), the world’s largest geotechnical specialist contractor, has issued a trading update ahead of the announcement of its interim results for the half year ended 30 June..

Redde Northgate deliver record revenue, profits and strong levels of cash generation

Redde Northgate (LON:REDD), the leading integrated mobility solutions platform providing services across the vehicle lifecycle, has announced its results for the full year ended 30 April 2023. Full Year results..

4imprint Group de-risks the Group’s legacy defined benefit pension plan

4imprint Group plc, (LON:FOUR), the leading direct marketer of promotional products, has provided an update on the further de-risking of the Group’s legacy defined benefit pension plan. At the end..

Coats Group to sell its European Zips business to Aequita

Coats Group plc (LON:COA), the world’s leading industrial thread and global footwear component manufacturer, has today announced that it has entered into an agreement to sell its European Zips business..

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