Elektron Technology works to simplify activities
4th Nov 2013 08:04
Elektron Technology has announced its exit from manufacturing in China and its Sifam businesses as it attempts to simplify its operations. The AIM-listed company said the move is part of the rationalisation of its portfolio, focusing investment in its core brands and key segments of Connectivity an
Read moreProduction delays, after factory moves, push Elektron to loss
12th Sep 2013 11:25
AIM-listed Elektron Technology swung to a loss in the first half after two factory relocations caused production delays and one-off costs to fix the situation. More than £2m of sales orders that were due for delivery in the first half had to be deferred to the second half knocking operating profit
Read moreWhitbread Managing Director trades in shares after vesting under scheme
3rd May 2013 16:11
Whitbread's Managing Director, Patrick Dempsey, has sold 12,341 shares in the company after 26,210 shares vested under an incentive scheme. The shares were sold for 2,616.05p each for a total of £322,847. The transaction was made in the same week Whitbread recorded a double digit increase in ann
Read moreElektron Technology unveils wireless food safety monitoring device
26th Feb 2013 13:26
Shares in AIM-listed technology group Elektron Technology rose slightly after the company announced it had launched a wireless food safety monitoring device. The company reported that the device, called 'Checkit', would enable restaurants and food outlets to monitor food temperature, storage statu
Read moreElektron suffers 'particularly disappointing' December and January
1st Feb 2013 13:33
Elektron Technology shares declined on Friday after announcing that sales from continuing operations in the year fell following a 'particularly disappointing' December and January. A "modest" upturn was seen in the third quarter compared with the equivalent periods in the previous year, but this w
Read moreMitchells & Butlers Chief buys 45,800 shares
28th Nov 2012 16:45
Alistair Darby, the Chief Executive Officer of Mitchells & Butlers, the UK's largest operator of managed restaurants and pub, has boosted his holding in the group with the purchase of 45,800 shares. Darby, who only took up his current role in October, purchased the shares in two tranches; 44,716 on
Read moreWorkspace Group CEO boosts stake in company
1st Oct 2012 16:16
The Chief Executive Officer of Workspace Group, which specialises in providing office space to start ups, has purchased 112,525 shares, significantly boosting his stake in the FTSE 250 firm. Jamie Hopkins, who took on the role of CEO in April of this year, bought the shares at 266p each for a tota
Read moreHutchison China Meditech director tops up stake
13th Sep 2012 15:54
Michael Howell, an Independent Non-Executive Director at Hutchison China Meditech, a research and development company majority-owned by Chi-Med, purchased 31,800 shares at 435.00p each on Tuesday. The £138,330 transaction, which takes Howell's interest in the company to 153,600 shares, comes six we
Read moreElektron says outlook is murky
13th Sep 2012 15:48
Shares in Elektron Technology tanked on Thursday after it warned weak levels of demand might continue into the second half of the financial year. The stock lost almost 16% of its value after the firm posted a drop in first half revenues and warned about the outlook for trading. The firm also said
Read moreKofax director earns over a million shares
28th Jun 2012 16:22
William Comfort, a Non-Executive Director of Kofax, a provider of capture driven process automation solutions, has received over a million shares in the company in exchange for the redemption of his interest in Conversion Capital Master. Comfort received a consideration of just over 1.1m shares, va
Read moreElektron Technology in line to meet full-year expectations
28th Jun 2012 14:38
Global technology firm Elektron Technology has said that it currenctly expects to meet market expectations for the full year following good sales in the first four months of 2012 which were broadly in line with the second half of the prior year on a pro-rata basis. This was despite the impact of th
Read moreSector movers: Electricals rise, while ex-div stocks drag pharmaceuticals lower
15th Feb 2012 16:09
The full-year results from industrial materials maker Morgan Crucible were received well on Wednesday, helping to push the electronic and electrical equipment sector higher. Morgan Crucible saw record revenues and operating profit in 2011, with the group making rapid progress towards the attainment
Read moreSmall caps round-up: Mediwatch, Mediterranean Oil, Kea ...
1st Feb 2012 12:49
Mediwatch, a urological diagnostic firm, has reported a rise in pre-tax profit (PTP) up from £0.23m to £0.32m for the year ending October 31st. Sales revenue rose from £10.5m to £10.6m, while cash flow from operations jumped £0.58m to £0.84m. The company attributed the rise in PTP to the re-organisa
Read moreElektron chairman swoops after profit warning
22nd Nov 2011 14:30
Shares in instrumentation and electronics supplier Elektron took a tumble last Thursday following a profts warning, and have continued falling since, prompting company chairman Keith Daley to whip out his cheque-book and snap up some cut-price shares. Daley, who has been a shareholder in Elektron s
Read moreElektron in line
10th Mar 2011 17:58
Instrumentation and electronics supplier Elektron says that trading is in line with expectations in the year to January 2011. AIM-quoted Elektron says that it will release its full year figures on 12 May. Geoff Spink, who joined Elektron as finance director, when his previous company Hartest Hol
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