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.

Energean production is 15% ahead of guidance

Energean plc (LON:ENOG, TASE: אנאג) has this morning provided an update on recent operations and the Group’s trading performance in the 3-months to 31st March 2021. Highlights ·    Production in the..

Games Workshop Group announce dividend update

Games Workshop Group PLC (LON:GAW) has announced that the Board has today declared a dividend of 50 pence per share, in line with the Company’s policy of distributing truly surplus..

Moneysupermarket.com Group appoint Lesley Jones to the board

Moneysupermarket.com Group PLC (LON:MONY) has announced the appointment of Lesley Jones as Non-Executive Director with effect from 1 September 2021. She will become a member of the Audit, Nomination and..

Balfour Beatty appoint Charles Allen, Lord Allen of Kensington as next Chairman

Balfour Beatty plc (LON:BBY), the international infrastructure group, has announced that Charles Allen, Lord Allen of Kensington, CBE, will be appointed as the next Chairman and a Non-Executive Director of..

Grainger to forward fund and acquire 259-home build to rent scheme with St James Securities for £37.4m

Grainger plc (LON:GRI), the UK’s largest listed residential landlord with 9,109 operational rental homes and a further 8,851 in its £2.1bn pipeline, has agreed to forward fund and acquire a..

Victrex plc H1 volumes +5% & improving end markets

Victrex plc (LON:VCT) is an innovative world leader in high performance polymer solutions, delivering sustainable products which support CO2 removal and bring environmental and societal benefit in multiple end-markets. Today’s..

St. Modwen Properties possible cash offer of 542 pence per share

The Board of St. Modwen Properties PLC (LON:SMP) has announced that on 6 May 2021 it received a non-binding conditional proposal from one or more of the investment funds (“Blackstone..

Syncona Limited portfolio company Gyroscope Therapeutics update on proposed IPO

Syncona Ltd (LON:SYNC), a leading healthcare company focused on founding, building and funding a portfolio of global leaders in life science, notes the announcement that its portfolio company, Gyroscope Therapeutics..

Unite Group & GIC extend LSAV joint venture

Unite Students, the UK’s leading owner, manager, and developer of student accommodation, today announces the extension of its joint venture with GIC by ten years to September 2032. It also..

Centamin plc Sukari Gold Mine 36MW solar farm contract awards

Martin Horgan, Centamin plc CEO commented: “Centamin’s decision to integrate sustainable solar power at Sukari is fully aligned with our commitment to responsible mining. It has enabled us to marry..

Ascential plc acquires Perpetua Labs for US$52m

Ascential plc (LON:ASCL), the specialist information, analytics and eCommerce optimisation company, today announced the acquisition of Perpetua Labs Inc, an eCommerce media optimisation business that primarily targets Third party (3P1)..

Oxford Biomedica total revenues increased by 37% to £87.7 million

Oxford Biomedica plc (LON:OXB), a leading cell and gene therapy group, has today announced its preliminary results for the year ended 31st December 2020. John Dawson, Chief Executive Officer of..

Travis Perkins reports encouraging start to the year

Travis Perkins plc (LON:TPK) has today provided a Q1 2021 trading update. Highlights Positive start to 2021 driven by strong RMI demand with Group (excluding Wickes) like-for-like sales growth of..

easyJet H1 2021 results slightly better than expectations

Summary easyJet plc (LON:EZJ) has operated a disciplined flying programme over the winter months whilst continuing to deliver a major restructuring and cost reduction programme. As a result, easyJet expects..

Avon Rubber second quarter continued to be strong with ongoing positive momentum

Avon Rubber p.l.c. (LON:AVON) has today provided the following trading update for its current financial year ending 30 September 2021. Summary Further to the AGM update on 29 January 2021, trading..

TUI launches convertible bonds offering

The Management Board of TUI AG (LON:TUI) resolved today, with the consent of the Supervisory Board, to launch an offering of senior unsecured bonds convertible as per their terms and..

Carnival Cruise Line Notifies Guests Of Cruise Cancellations

Carnival plc (LON:CCL) have announced today that Carnival Cruise Line is notifying guests of additional cruise cancellations and the extension of its pause in all operations from U.S. ports through..

Drax Group Satisfied conditions for proposed acquisition of Pinnacle Renewable Energy

On 8 February 2021, Drax Group plc (LON:DRX) announced that it had entered into an agreement to acquire the entire issued share capital of Pinnacle Renewable Energy Inc.. On 31..

Syncona Limited portfolio company Achilles IPO to raise approximately $175.5 million

·   Achilles is focused on developing personalised T cell therapies for the treatment of solid tumours, specifically targeting neo-antigens ·   Achilles has announced the pricing of its initial public offering at a..

Domino’s Pizza Group sells Iceland Business for £13.7m

Domino’s Pizza Group plc (LON:DOM) has today announced that it has signed a binding Sale and Purchase Agreement with PPH ehf. under which DPG will sell the entire issued share..

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