Manchester United reveal cost of missing out on Champions League
17th Sep 2015 16:00
(ShareCast News) - Failure to qualify for last season's Champions League saw Manchester United post a decline in annual revenues. Total revenues fell 8.7% year-on-year, dragged lower by a 16% decline in matchday revenue to £90.6m and a 20.6% drop in broadcasting income to £107.7m. In a statement re
Read moreFund manager adds to majority stake in Manchester & London Investment Trust
5th Jun 2014 15:21
Mark Sheppard, the investment manager of Manchester & London Investment Trust (MLIT), has bought nearly £1.9m of shares in the closed-ended investment company. Sheppard, from MLIT's parent Manchester & Metropolitan Investment and MLIT's fund manager Midas Investment Management, bought 712,071 share
Read moreAdvanced Computer Software Chairman sells 1m shares
4th Feb 2014 16:15
Michael Jackson, the Chairman of Advanced Computer Software Group, this week reduced his stake in the company with the sale of one million shares. The company, which provides healthcare and business management software and services, said in a statement that the shares were traded in across three tr
Read moreAvocet Mining Chairman tops up stake after disappointing update
6th Nov 2012 16:21
Russell Edey, the Chairman of Avocet Mining since 2010, has boosted his stake by 100,000 shares, less than a week after the company saw its shares fall following a mixed third-quarter update. Edey purchased the shares at 63.75p a time for a total of £63,750. In an update last Thursday, the compa
Read moreManchester & London IT assets hit record
10th Nov 2010 11:10
UK growth fund Manchester & London Investment Trust added ground Wednesday after announcing net asset value (NAV) per share topped £100m for the first time ever. NAV (including income) has risen to 445.5p a share, up from the previous all-time high of 408.6p announced towards the end of September.
Read moreManchester & London Gets 97% SMIT Acceptances, Extends Offer
15th Jul 2010 08:18
LONDON (Dow Jones)--Manchester & London Investment Trust PLC (MNL.LN), or MLIT, said Thursday that as at 1200 GMT on July 14, it had received valid acceptances of the offer in respect of 5.55 million Stakeholders' Momentum Investment Trust PLC, or SMIT, shares representing 96.82% of its issued share
Read moreManchester & London Gets 96.19% SMIT Acceptances, Extends Offer
1st Jul 2010 12:51
LONDON (Dow Jones)-- Manchester & London Investment Trust PLC, or MLIT, (MNL.LN), announced Thursday as at 1200 GMT on June 30, it had received valid acceptances of the offer in respect of 5,509,723 Stakeholders' Momentum Investment Trust PLC, or SMIT, (DDIT.LN) shares,96.19% of the current issued s
Read moreManchester & London Gets 90.93% Acceptances For SMIT Shares
9th Jun 2010 17:59
LONDON (Dow Jones)--Manchester & London Investment Trust PLC (MNL.LN) said Wednesday that as at 1200 GMT, it had received valid acceptances of the Offer in respect of 5,208,218 Stakeholders' Momentum Investment Trust PLC (DDIT.LN) or SMIT shares representing 90.93% of the current issued share capita
Read moreManchester & London finalises bid terms
20th May 2010 16:21
Manchester & London Investment Trust has announced the final terms of its recommended bid for fellow investment trust Stakeholders Momentum Investment Trust. The bid, which is based on the Formula Asset Value which is based on respective NAV of each of the companies' shares, was declared unconditi
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