Non-exec's wife buys GKN shares
10th May 2010 16:33
The wife of Mike Turner, the senior independent non-executive director of GKN, has bought 60,000 shares in the engineer. Jean Turner paid 133.41p a share and the total investment was just over £80,000. The husband and wife have a total holding of 160,000 GKN shares. Last August, Turner bought 10
Read moreLondon Capital dumps divi as profits plunge
25th Feb 2010 13:03
London Capital's chief executive Frank Chapman has stepped down as the spread betting firm scraps the final dividend and halves profits due to unfavourable market conditions and higher costs. The Capital Spreads-owner made a pre-tax profit of £5.8m last year, down from £10.9m in 2008, on revenue 4%
Read moreDenham's London Capital stake nears 16%
24th Aug 2009 15:57
London Capital Group's finance boss Simon Denham has taken his stake in the spread betting firm closer to 16% with the purchase of another 200,000 shares. Denham, co-founder of financial spread betting unit Capital Spreads, paid £360,000 or 180p each, for the shares. He now owns 6.1m shares, or 15.
Read moreLondon Capital hit by lower interest income
18th Aug 2009 14:35
Spread betting firm London Capital Group saw adverse trading conditions in the second quarter and lower interest rates hit first half profitability. Profit before tax in the first half of 2009 fell to £3.33m from £5.43m a year earlier on revenue that edged up to £12.95m from £12.51m. The company a
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