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.

Coats Group appoint David Gosnell as new Chairman

Coats Group plc (LON:COA), the world’s leading industrial thread manufacturer, has announced that Mike Clasper has advised the Board that he will retire as Chairman and from the Board of..

AO World report 53.2% increase in revenue

AO World plc (LON:AO.), a leading European online electrical retailer, has announced its unaudited interim financial results for the six months ended 30 September 2020. BUSINESS OVERVIEW Financial performance ·..

Greencoat UK Wind acquire 49% stake in Humber Gateway offshore wind farm

Greencoat UK Wind PLC (LON:UKW) has announced that it has agreed to acquire a 49% stake in the Humber Gateway offshore wind farm from RWE, in partnership with a number..

Petropavlovsk PLC appoint KPMG LLP to examine historic Group transactions with related parties

Petropavlovsk PLC (LON:POG) has announced the appointment of KPMG LLP to undertake a forensic investigation into certain transactions undertaken by the Company and its subsidiaries, and IRC Ltd and its..

Cineworld Group secures new debt facility of $450m share price up over 17%

Significant Additional Liquidity Secured Cineworld Group plc (LON:CINE) has announced it has secured significant additional liquidity whilst implementing further operational measures to deliver enhanced profitability over the long term: ·      Secured..

Hochschild announces payment of interim dividend and 2021 guidance

Hochschild Mining PLC (LON:HOC) (OTCMKTS: $HCHDF) has announced that, at its scheduled Board meeting on 19 November 2020, the Directors of the Company approved the payment of an interim dividend..

Marlowe plc signs new £70 million revolving credit facility

Marlowe plc (LON:MRL), the specialist services group focused on developing companies which assure safety and regulatory compliance, has announced that has signed a new, enlarged revolving credit facility with HSBC..

Tritax Big Box acquire prime temperature controlled distribution unit in core South Coast location

Tritax Big Box REIT plc (LON:BBOX) has announced that it has acquired a prime temperature controlled distribution unit in the core South Coast location within the Nursling Industrial Estate in..

ITV total external revenue down 16% at £1,860m

ITV plc (LON:ITV) has announced its Q3 Trading Update for the 9 months to 30 September 2020. Carolyn McCall, ITV Chief Executive, said: “We are seeing encouraging signs in both..

WH Smith headline loss of £69m

WH Smith plc (LON:SMWH) has announced its preliminary results for the year ended 31 August 2020. ·    Decisive actions taken to protect colleagues, customers and the business since the start of..

888 Holdings appoints Vaughan Lewis as Chief Strategy Officer

888 Holdings plc (LON:888), one of the world’s leading online gaming entertainment and solutions providers, has announced the appointment of Vaughan Lewis in the newly created role of Chief Strategy..

Braemar Shipping Services appoint James Gundy as Group Chief Executive Officer

Braemar Shipping Services plc (LON:BMS), a leading international provider of shipbroking, financial advisory and logistics services to the shipping and energy industries, has announced today that James Gundy has been..

Zenith Energy update on legal claim against against Société de Maintenance Pétrolière

Zenith Energy Ltd. (LON:ZEN), the listed international oil & gas production company focused on pursuing African development opportunities, is pleased to provide an update on the legal claim initiated during..

Brewin Dolphin Holdings appoint Toby Strauss as Chairman

Brewin Dolphin Holdings plc (LON:BRW) has announced that, following a thorough external recruitment process, Toby Strauss will join the Board as Chairman and Non-Executive Director at the conclusion of the..

Beazley sees strong, double-digit premium growth across the business

Beazley plc (LON:BEZ) has provided its trading statement for the nine months ended 30 September 2020. Overview · Gross premiums written increased by 16% to $2,534m (Q3 2019: $2,192m), ahead..

John Laing Group appoints two new non-executive directors

John Laing Group plc (LON:JLG) has announced the appointment of Leanne Bell and Lisa Stone as Non-executive Directors. Both Leanne and Lisa will be appointed to the Board of Directors..

James Fisher & Sons Q3 revenue 17% lower than comparable period last year

James Fisher and Sons plc (LON:FSJ), the UK’s leading marine services company, has published its trading update for the quarter ended 30 September 2020.Trading in the third quarter continued to..

easyJet confirm sale and leaseback of eleven aircraft generating total cash proceeds of $169.5 million

easyJet plc (LON:EZJ) has announced the sale and leaseback of a further eleven aircraft with two counterparties. The transactions generate total cash proceeds of $169.5 million (approximately £130.7m). Ten A320..

Hilton Food Group performance in line with Board’s expectations

Hilton Food Group plc (LON:HFG), the leading international specialist food packing business, has provided the following trading update for the period 13th July 2020 to date. During the period, the Group’s..

Rank Group sell Belgian casino business to Kindred Group for £25 million

Rank Group plc (LON:RNK) has announced it has reached agreement to sell its Blankenberge casino and associated digital licence to Kindred Group plc (STO: KIND-SDB). The disposal is subject to regulatory..

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