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.

Darktrace delivers high revenue and constant currency ARR growth in the period

Darktrace plc (LON:DARK), a global leader in cyber security AI, has provided its results for the six months ended 31 December 2022. 1H FY 2023 Highlights Darktrace delivered continued high..

Apollo Global Management make fourth offer for John Wood Group

On 22 February 2023, the Board of John Wood Group (LON:WG) announced it had unanimously rejected three unsolicited, preliminary and conditional proposals from Apollo Global Management, Inc. (NYSE:APO), regarding a..

Greggs plc appoints Nigel Mills as independent non-executive director

Greggs plc (LON:GRG) this morning announced that it has appointed Nigel Mills as an independent non-executive director with immediate effect. The Board intends that Nigel will become Senior Independent Director..

Clarkson PLC reports record underlying profit before taxation of £100.9m

Clarkson PLC (LON:CKN) today announced preliminary results for the 12 months ended 31 December 2022. Summary ·       Record underlying profit before taxation* of £100.9m (2021: £69.4m), an increase of..

Shaftesbury and Capital & Counties Properties merger completes

The new, combined board of Capital & Counties Properties PLC (LON:CAPC) (now to be renamed Shaftesbury Capital PLC) has announced the successful completion of the recommended all-share merger between Capco..

HICL Infrastructure pipeline remains compelling

HICL Infrastructure (LON:HICL) has issued the following Interim Update Statement, which relates to the period from 1 October 2022 to 2 March 2023. Mike Bane, Chair of HICL Infrastructure, said:..

Babcock International concludes its portfolio alignment programme

Babcock International Group PLC (LON:BAB) has announced the conclusion of its portfolio alignment programme with the completion of the sale of certain of its aerial emergency businesses (AES) to Ancala..

Supermarket Income REIT appoint Sapna Shah as an independent non-executive director

Supermarket Income REIT plc (LON:SUPR), the real estate investment trust providing secure, inflation-linked, long income from grocery property in the UK, has announced that following a comprehensive selection process, it..

Serco awarded CMS contract worth $690 million

Serco Group plc (LON:SRP) has been awarded a contract by the US Department of Health and Human Services, Centers for Medicare & Medicaid Services (CMS) to continue to support eligibility..

Darktrace Newsroom now generally available

Darktrace plc (LON:DARK), a global leader in cyber security artificial intelligence, has announced the general availability of Darktrace NewsroomTM, an AI-driven system that continuously monitors open-source intelligence sources for new..

NextEnergy Solar Fund publishes proposed energy storage strategy

NextEnergy Solar Fund Ltd (LON:NESF), the specialist solar+ fund, has published investor information regarding its proposed energy storage strategy. The document is available here: The document provides details on how..

Ruffer Investment Company declares interim dividend

Ruffer Investment Company Limited (LON:RICA) has declared that an interim dividend will be payable in respect of the year ended 30 June 2023 as follows: Ex Date: 2 March 2023..

Future appoints Jon Steinberg as Chief Executive Officer

Future plc (LON:FUTR), the global platform for specialist media, has announced the appointment of Jon Steinberg as Chief Executive Officer following a thorough search process. Jon, who will be joining..

Safestore report solid trading in Q1, with revenue growth of 9.4%

Safestore Holdings plc (LON:SAFE) has announced its first quarter trading update for the period 1 November 2022 to 31 January 2023. Group Operating Performance Q1 2023 Q1 20222 Change Change-..

IP Group portfolio company AMSL Aero’s Vertiia successfully completes maiden test flight

IP Group plc (LON:IPO), which develops world-changing science and technology businesses, has noted that Australian portfolio company AMSL Aero has announced that Vertiia has successfully completed its maiden test flight...

Darktrace appoints Ernst & Young to conduct independent third-party review

Darktrace plc (LON:DARK), a global leader in cyber security AI, has announced that further to its statement on 1 February 2023, it has appointed Ernst & Young LLP to provide..

Coats Group $250m US private placement

Coats Group plc (LON:COA), the world’s leading industrial thread and footwear components manufacturer, has announced the successful completion of a competitively priced $250m issue of US Private Placement notes. The..

Hill & Smith acquires US company Enduro Composites

Hill & Smith PLC (LON:HILS), the international group creating sustainable infrastructure and safe transport through innovation, has announced that it has completed the acquisition of Enduro Composites, Inc. The sellers..

City of London is reporting a 4.5% net asset value total return

City of London Investment Trust (LON:CTY) has today provided its unaudited half year report for the period ending 31 December 2022. INVESTMENT OBJECTIVE The Company’s objective is to provide long-term..

BBGI Global Infrastructure declares dividend of 3.74p per share

BBGI Global Infrastructure SA (LON:BBGI), the global infrastructure investment company, has declared a second interim dividend of 3.74 pence per share with scrip alternative for the period 1 July –..

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