CLS Executive Chairman sells by tender 368,000 shares
2nd Oct 2012 16:19
Sten Mortstedt, the Executive Chairman of CLS Holdings, a property investment company, has sold by tender 368,371 shares in the company on behalf of himself and his family. The shares were tendered for up to and including the pro rata entitlement of one ordinary share for every 76 ordinary shares
Read moreTravis Perkins big wheel shovels out shares
21st Sep 2012 15:48
Arthur Davidson, the Divisional Chairman of Specialist Merchanting at builders' merchant Travis Perkins, sold two lots of 5,000 shares on Friday. In the first tranche, the director sold the shares at 1,085.23p for a total of £54,262, and in the second the other 5,000 at 1,089p for £54,450. Follow
Read moreMarket forces weigh on Hansard
21st Sep 2012 14:01
Long-term savings provider Hansard said continued instability in the Eurozone weighed on new business sales and, it warned, damaging market forces show few signs of abating. As at 30 June assets under administration fell to £1m for the year ended June 30th 2012 from £1.2m before. In 2011 investme
Read moreHansard's AuM falls
23rd Feb 2012 14:52
Hansard, a specialist long-term savings provider, reported a fall in assets under administration from the first half of the year to the second. Assets under administration dropped from £1,230m at June 30th 2011 to £1,051m at 31 December 2011, but the firm saw a rise in new business sales of regula
Read moreWednesday tips round-up: IHG, Johnston Press, Ashtead
11th May 2011 06:44
InterContinental Hotels (IHG) was the toast of investors yesterday after it delivered a buoyant performance in the US, which accounts for about two-thirds of its profits. For the quarter just ended, IHG registered a 35% rise in operating profits to $112m. Total revenues jumped by 9% to $396m over th
Read moreDivi hike reflects Hansard's confidence
24th Feb 2011 16:28
Specialist long-term savings provider Hansard Global saw assets under administration rise to £1.30bn at the end of 2010 from £1.13bn six months earlier. The company said the present value of new business premiums in the six months ended 31 December rose to £114.5m from £73.5m in the corresponding p
Read moreSmall caps round-up: CPL, Eaga, Forte Energy...
27th Jan 2011 12:11
Irish recruitment group CPL Resources grew profit before tax by 64% in the half-year to 31 December thanks to "tight cost control coupled with strong top line growth". Pre-tax profit of €3.9m was up from €2.4m in 2009 and 33% higher than the first six months. Sales were up 22% to €111.9m and 14% be
Read moreRound-up: Pace, Hansard Global...
4th Nov 2010 13:59
Set-top box maker Pace has snapped up Belfast-based Latens Systems, a software company that specialises in the payTV market. The consideration is £28.8m cash, with £10m of that deferred and payable in 2012 depending on performance. Life group Hansard Global's new business premiums rose by 58% to £5
Read moreHansard Global GBP166.3M FY New Business, Marginally Up On Year
29th Jul 2010 07:31
LONDON (Dow Jones)--Hansard Global PLC (HSD.LN), a specialist long-term savings provider, said Thursday that for the year ended June 30, new business was GBP166.3 million, marginally above the level of last year, as anticipated (2009: GBP166.2 million), based on the Present Value of New Business Pre
Read moreSmall caps round-up: Xcite, ReNeuron, CPL Resources
28th Jan 2010 11:25
Shares in Xcite Energy jumped after the oil group said its subsidiary Xcite Energy Resources has concluded an agreement with BP subsidiary BP Oil International to market and sell Xcite's crude oil from the Bentley field in the North Sea. ReNeuron group climbed after the stem cell developer said Pha
Read moreHansard ups payout despite market turbulence
24th Sep 2009 13:25
Life and pensions group Hansard Global upped its dividend by 5% last year despite profits and assets under management falling sharply. Stated profit before tax in the year to June fell to £20.8m, from £23.6m, while embedded profits dropped by 76% to £11.3m. Assets under administration fell 12% to
Read moreSmall caps round-up: Filtronic, EMED, Coe Group ...
27th Jul 2009 08:31
Telecommunications technology group Filtronic saw a sharp fall in revenues in the year to May 31 as demand slumped. Revenue from continuing operations fell to £28.8m from £40.1m, but the group posted a pre-tax profit. However, the group moved into a pre-tax profit of £2.3m from a loss of £16.2m
Read moreLondon close: Footsie ends on low note
15th May 2009 16:29
London closed lower after a lacklustre afternoon session with losses on properties and travel companies outweighing gains on miners. Shocking figures from property giant Land Securities on Wednesday still cast a shadow over the real estate investment trusts (REITs). LandSecs leads the sector lowe
Read moreLondon afternoon: Travel companies trip Footsie
15th May 2009 14:10
London continues its gentle downward drift, with losses on properties and travel companies outweighing gains on miners. The market seems unlikely to get any sort of lift from Wall Street which is expected to open moderately weaker. Shocking figures from property giant Land Securities on Wednesday
Read moreLondon midday: Rally stalls
15th May 2009 12:15
Weak properties and oils have pitched the Footsie into the red, despite the continued strength of banks and miners. Shocking figures from property giant Land Securities on Wednesday are still casting a shadow over the real estate investment trusts (REITs). LandSecs leads the sector lower but Hammer
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