Gable continues to implement strategic restructuring plan
24th Aug 2016 12:13
(ShareCast News) - Gable Holdings continues to pursue the implementation of its strategic restructuring plan as part of a wider strategic review. It told shareholders today that talks with A-rated carriers were continuing. "There remains a range of possible outcomes to the strategic review," the co
Read moreGable Holdings posts loss after non-recurring charges
15th Jul 2016 10:05
(ShareCast News) - European non-life insurance company Gable Holdings announced its results for the 2015 calendar year on Friday, with a significant loss arising from a number of one-off charges. The AIM-traded firm had £100m of business written during the year, and reported gross written premiums o
Read moreGable appoints lawyer to board
27th Jul 2015 15:20
(ShareCast News) - European insurance firm Gable Holdings has appointed a lawyer to its board. Julian Connerty, who was a partner at insurance law firm Clyde & Co will join the board, Gable said in a statement. Gable chief executive William Dewsall said Connerty is considered by many to be one of t
Read moreGable's CEO increases stake after saying Q1 performance is picking up
3rd Jun 2015 15:41
Gable's chief executive William Dewsall increased his stake in the non-life insurance company one week after reporting full-year losses. Dewsall purchased 100,000 shares for 25.9p each, which cost him £25,900. Following the purchase, he holds 24.8m shares, which represent 18.36% of the company's iss
Read moreEuropean insurer Gable disappoints with full-year loss
28th May 2015 08:17
Shares in European non-life insurance outfit Gable dropped sharply on Thursday after the company said it swung to a loss of £5.4m in 2014 despite a record top line. Gross written premiums reached an all-time high of £80m last year, up 36% from £58.9m in 2013. Net earned premiums rose 22% to £51.4m,
Read moreThursday broker round-up UPDATE
17th Jul 2014 11:07
Antofagasta: Canaccord Genuity cuts target price from 870p to 835p and maintains a hold recommendation. African Minerals: Canaccord Genuity reduces target price from 230p to 170p and keeps a buy recommendation. Ashmore Group: Goldman Sachs downgrades to neutral with a target price of 430p. Barcla
Read moreFriday broker round-up UPDATE
14th Mar 2014 09:07
Barclays: Nomura reduces target price from 305p to 285p staying with its buy recommendation. Investec lowers target price from 305p to 295p and keeps its buy recommendation. Ferrexpo: Westhouse Securities increases target price from 190p to 220p and reiterates a buy recommendation. F&C Asset Manag
Read moreGable Holdings launches 'exciting' new product
20th Nov 2013 09:32
Non-life insurer Gable Holdings has launched a new product in Italy after winning a contract to cover a commercial haulage firm. Chief Executive William Dewsall said this was the AIM-listed company's first product for the commercial haulier/logistics market in Italy and management believed will de
Read moreBP Chairman's wife sells shares in wake of strong share price rise
4th Nov 2013 16:26
The wife of Carl-Henric Svanberg, who has been the Chairman of oil giant BP for almost four years, sold 750,495 pounds-worth of shares in the group on Friday. In an announcement issued at the start of this week, it was revealed the director's wife sold a total of 154,821 shares at 484.75p a piece,
Read moreGable plans Netherlands and Belgium entry after profits rise
6th Sep 2013 08:17
European non-life insurance company Gable Holdings said it was planning to launch into two new countries this year after lifting profits by a quarter in the first half. The group, which entered Germany and Denmark last year and Italy in May, said the management team were in the advanced stages of
Read moreFriday broker round-up UPDATE
6th Sep 2013 08:01
Antofagasta: Canaccord Genuity lowers target price from 1035p to 1020p, while leaving its buy recommendation unchanged. Ashmore Group: Canaccord Genuity downgrades from buy to hold with a target price of 380p. Associated British Foods: Societe Generale upgrades to hold with a target price of 1900p
Read moreOcado co-founder, Dignity CEO trim stakes in companies
2nd Aug 2013 16:00
Ocado's co-founder Jason Gissing has sold more than three million pounds worth of shares. It is the first time he has sold shares since the online grocer floated in July 2010 and follows a meteoric climb in the share price this year. The family trust that holds his shareholding for him sold 1.07
Read moreAshtead execs sell off awards after share-price surge
2nd Jul 2013 15:41
Equipment rental business Ashtead has seen a number of board-members sell off their share awards given to them as part of their performance share plan (PSP) in June 2010. Awards given to executives under the PSP vest on the third anniversary of grant subject to continued employment and the achievem
Read moreThursday broker round-up UPDATE
9th May 2013 07:23
Alkane Energy: Liberum Capital initiates with a target price of 44p and a buy recommendation. Anite: Panmure Gordon shifts target price from 170p to 171p and maintains a buy recommendation. Atkins: Credit Suisse raises target price from 770p to 822p, but downgrades to underperform. Avacta Group:
Read moreCarpetright Chairman sells 150,000 shares
15th Mar 2013 16:22
Carpetright, the flooring retail specialist, has announced that Lord Harris of Peckham, the group's Chairman, has sold 150,000 shares in the company. The shares were sold at 650p each, for a total of £975,000 before tax. Following the transaction Harris owns around 12.4m shares, equal to 18.32%
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