AdEPT boss trims stake with £0.35m share sale
16th Jul 2014 15:27
The boss of telecoms group AdEPT offloaded nearly £0.35m of stock on Wednesday, just a week after the company reported better-than-expected annual results. Ian Fishwick, AdEPT's Chief Executive Officer who founded the company in 2003, sold 290,000 shares at 120p a piece. The firm explained that th
Read moreMonday broker round-up UPDATE
14th Jul 2014 10:11
Abcam: Numis cuts target price from 510p to 490p and stays with its add rating. ARM Holdings: Credit Suisse reduces target price from 1200p to 1125p and maintains an outperform rating. AstraZeneca: Jefferies reduces target price from 4850p to 4790p maintaining a hold recommendation. BP: Credit Su
Read moreProgility creates up to £50m of loan stock
1st Jul 2014 12:52
Project management services group Progility has created up to £50m of redeemable loan stock which is expected to be listed on the Channel Island Stock Exchange. The loan stock, which will carry interest at a rate of 12% per annum, is intended to provide the group with a new way to raise funds to su
Read moreProgility's annual revenue fall on weaker Australian dollar
20th Mar 2014 09:41
Project management services and technology group Progility reported a drop in first-half revenue, reflecting the negative currency translation between the UK pound and the Australian dollar. The Australia-based company said revenue in the last six months of 2013 came to £18.6m, down from £20.6m t
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