Spice Plc Statement Re Possible Offer
15th Jun 2010 09:00
TIDMSPI RNS Number : 6205N Spice PLC 15 June 2010 ? +-----------------------------------------------------------------+ | NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN | | PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD | | CONSTITUTE A VIOLATION OF THE RELEVANT L
Read moreSpice Plc Statement Re Possible Offer -2-
15th Jun 2010 09:00
+-----------------------------------------------------------------+ | A copy of this announcement will be available on the website of | | the Company at www.spiceplc.com. | +-----------------------------------------------------------------+ |
Read moreCinven says Spice approach rejected
15th Jun 2010 07:50
Cinven Limited confirmed that it made an approach to Spice but it was rejected by the support service group. The group said it made the approach on 24 May 2010, indicating an offer price of 56p per share, a 51.4% premium to the share price at the close of business on 21 May 2010. "This approach wa
Read moreCinven Considers Offer For Spice; Indicative Proposal Rejected
15th Jun 2010 07:29
LONDON (Dow Jones)--European buyout firm Cinven Group Ltd. said Tuesday it is considering making an offer for utility support services group Spice PLC (SPI.LN) after its indicative possible offer price of 56 pence a share was rejected by the board. In a statement in response to Monday's movement
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Petrel Resources rocketed higher Monday after announcing work is to restart in Iraq after settling all outstanding issues on the Subba and Luhais oilfield development in the south of the country. The AIM-listed oil and gas explorer no longer has any liability or exposure to any possible project lo
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Read moreSpice nears telecoms disposal
21st Apr 2010 16:04
Utility services provider Spice says that it is talking to a third party about the sale of its non-core telecoms business. This is part of Spice's strategy to reduce its borrowings and the news has perked up the share price, which has been in decline for six months. Chief executive Simon Rigby ste
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Chemicals group Croda is emerging from recession with earnings nearly twice the level they were when it went in. Strong profit growth has also pulled net debt down by £110m to £289m. The only negative in yesterday's numbers was the effect of lower discount rates on Croda's pension deficit, which h
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23rd Feb 2010 15:16
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For the second day in succession the FTSE 100 has turned lower after a moderately bright start. Comments on the fragility of the UK economy from Bank of England governor Mervyn King have given investors pause for thought. King, appearing before a parliamentary committee, said: 'There have been some
Read moreSpice issues profit warning after bad weather
23rd Feb 2010 08:06
Spice, which provides management services to utility firms, warned that it expects to miss full year pre-tax profit forecasts after bad weather hit the group's distribution division. The group, which reads water meters, said profit before tax, amortisation and exceptional items will be at a level l
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The UK's leading shares are finding plenty of support after a strong start on Wall Street and the Dubai bail-out. Investors have piled into LSE, Standard Chartered and HSBC as the threat of possible huge bad debts recedes. An upgrade by Credit Suisse, which highlighted the low exposure to Dubai a
Read moreLondon midday: Dubai gives general boost
14th Dec 2009 12:11
London's bue chips are still posting healthy gains, helped by the decision of Abu Dhabi to bail-out Dubai, its financially embarrassed neighbour. LSE, Standard Chartered and Royal Bank of Scotland are up on the Dubai news, which should lift the cloud of possible huge bad debts hitting the sector.
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