CLS Holdings confident of building on strong start to 2015
12th May 2015 08:48
Investment group CLS Holdings said it had made a strong start to 2015, boosted by lower cost of borrowings and steady occupational demand. The FTSE 250 group said its overall vacancy rate was 4.8% of rental income on 12 May, a 1.8% increase compared with the end of 2014, after 4.421 square metres of
Read moreCLS Holdings acquires building in Munich EUR24.4m
6th May 2015 10:13
Property group CLS Holdings has acquired a fully-let office in Munich for €24.4m (£18m). In a statement on Wednesday, the FTSE 250 company said the building, located in Unterfoehring, north east of Munich, generates a rental income of €2m. The building "provides an excellent long-term income stream
Read moreFTSE 250 movers: Greggs higher on shareholder returns
4th Mar 2015 15:14
Greggs topped the risers after the baker grew its pre-tax profit last year by 50%, allowing it to return up to £10m to shareholders in the first half of 2015 by resuming its share buyback programme. The company's chief executive, Roger Whiteside, noted that 2014 was a year of significant change and
Read moreCLS Holdings net assets surge on London revaluation uplift
4th Mar 2015 08:49
CLS Holdings impressed with its first annual results since being promoted to the FTSE 250 in December, with the European property investor showing 40% growth in net assets, strong cashflow and an new share buyback. CLS, which trades mainly in office property in the UK, France, Germany and Sweden thr
Read moreCLS' vacancy rate hits record low
19th Nov 2014 10:19
Favourable market conditions in London and France saw property management company CLS Holdings registered a record low vacancy rate. The firm said the vacancy rate across the group reduced to 3.1% by rental income from 3.5% since the end of June, adding that demand from existing and potential occupi
Read moreWednesday broker round-up UPDATE
13th Aug 2014 09:55
Caledonia Mining: Numis lowers target price from 100p to 90p retaining a buy recommendation. Chemring Group: Panmure Gordon initiates with a target price of 328p and a buy recommendation. CLS Holdings: Liberum Capital raises target price from 1551p to 1647p and keeps a buy recommendation. CSR: Je
Read moreRSA Insurance UK Chief reduces holding ahead of departure
21st May 2014 16:04
Adrian Brown, the outgoing Chief Executive Officer of RSA Insurance's UK & Western Europe business has reduced his stake in the group after his wife, Sara, disposed of 180,000 shares. The shares were traded in at 491.32p each for a total of £884,376. The transaction comes one month after the di
Read moreSage Chairman makes most of lower share price after CEO retirement news
9th May 2014 16:14
Sage Chairman Donald Brydon has purchased 15,000 shares in the company following the surprise announcement of the retirement of its Chief Executive Officer (CEO) by March next year. The FTSE-100 software firm saw its shares spiral following the news, despite it also reporting a 5% increase in half
Read moreBeazley Finance Director sells shares post-vesting
29th Apr 2014 16:16
Beazley's Group Finance Director, Martin Bride, on Tuesday sold all 37,500 shares that vested under the specialist insurance company's April 2009 plan. Bride, who joined the group that year, sold the shares at 243.75p each, generating £91,406. The company delivered an impressive performance in 20
Read moreSports Direct CEO and FD net 6.4m pounds after selling shares
3rd Oct 2013 07:43
Sports Direct International's Chief Executive Dave Forsey and Finance Director Bob Mellors have each netted 6.4m pounds after selling shares from a bonus plan. The sportswear retailer said the pair had exercised options granted to them under the company's executive bonus scheme to buy 1m shares in
Read moreClinigen CEO sells a further 0.5m shares post placing
2nd Oct 2013 15:56
Pharmaceuticals and services business Clinigen said Wednesday that Peter George, its Chief Executive Officer, has sold a further 0.5m shares in addition to the 2.8m disposed of on Monday. The shares, which were all sold for 410p each, were part of the 8.7m placed with a number of directors on Mond
Read moreDomino Printing Finance Director sells as company cautions on regional difficulties
18th Sep 2013 16:17
The Group Finance Director of Domino Printing sold 72,763 pounds-worth of shares on Tuesday, the same day the company warned investors that market conditions continued to be 'difficult' in many regions. Andrew Herbert, who joined the company in 1986, disposed of a total of 11,160 shares at 652p a
Read more888 CFO sells 1.1m pounds-worth of shares
17th Sep 2013 16:24
Aviad Kobrine, the Chief Financial Officer (CFO) of online gaming entertainment and solutions provider 888, on Monday sold 1.1m pounds-worth of shares in the group, reducing his stake to 3.76m shares. Kobrine, who has held the role of CFO since mid-2005, sold 685,390 shares at 159.51p each. In
Read moreMonday broker round-up
16th Sep 2013 12:13
AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy
Read moreInterserve exec sells shares after exercising options
13th Sep 2013 16:34
Steven Dance, an Executive Director at support services and construction group Interserve, benefitted from the stock's impressive rise so far this year by raising half a million pounds after the sale of shares post-exercise. The company said on Friday that Dance, who joined the board back in 2008,
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