Volex to resume dividend payments as trading tops expectations
28th Mar 2019 16:26
(Sharecast News) - Volex's shares climbed on Thursday after the company said it intends to resume dividend payments after trading across the group was ahead of market expectations.
Read moreVolex acquires GTK in £14.3m deal
11th Dec 2018 14:50
(Sharecast News) - Cable assembly supplier Volex announced the acquisition of GTK, a UK-based manufacturer of customised electronic solutions including cable assemblies, displays and connectors, for a total consideration of £14.3m on Tuesday.
Read moreVolex's shares boosted as first quarter expectations beaten
31st Jul 2018 12:51
(Sharecast News) - Premium power cord manufacturer Volex saw its shares rise on Tuesday after trading in the first quarter exceeded expectations on the back of higher profits and revenues.
Read moreVolex revenue dips, though underlying earnings improve
11th Nov 2016 08:34
(ShareCast News) - Cable assembly provider Volex posted its interim results for the 26 weeks to 2 October on Friday, with $11.3m of cash generated by operations during the period. The AIM-traded company said it achieved its return to net cash through "tight working capital management". Underlying o
Read moreDirectors dealings: Commercial property firm McKay's boss and finance chief sell shares
19th Jul 2016 15:51
(ShareCast News) - McKay Securities's boss, Simon Perkins, and his finance chief Giles Salmon unloaded a raft of shares in the real estate investment trust awarded to them as part of the company's 2007 Mckay performance scheme, on 18 July, the company said in a statement. Perkins sold 127,938 sha
Read moreVolex reshuffles board
27th Nov 2015 08:27
(ShareCast News) - Nathaniel Rothschild has been appointed as Volex executive chairman, the power and data cabling solutions provider said on Friday. The position of executive chairman was created after the board of non-executive directors deemed the role of chairman and chief executive should be co
Read moreVolex posts narrower loss and optimistic outlook after VTP completion
11th Jun 2015 09:33
Volex posted a narrower pre-tax loss for its financial year and expressing a positive outlook for the year ahead follow the completion of the 'Volex Transformation Plan' (VTP). Over the 12 months to 5 April, the power and data cabling provider dipped from $7.6m to $7.2m, as revenue swelled from $400
Read moreWednesday broker round-up UPDATE
20th Aug 2014 10:50
BHP Billiton: Deutsche Bank raises target price from 1450p to 1500p and leaves its buy recommendation unchanged. Investec increases target price from 2175p to 2205p and maintains a hold recommendation. Big Yellow Group: Liberum Capital ups target price from 565p to 591p and keeps its buy recommenda
Read moreNew Vertu Motors Chairman opens account
28th Jul 2014 15:49
The newly appointed Chairman at Vertu Motors, Peter Jones, has bought £171,000 worth of shares in the new and used car dealer. Jones, who will officially take up the role at the start of 2015, paid 57p for each of the 300,000 shares. Jones will replace Paul Williams, who will step down at the en
Read moreTate & Lyle divisional head pockets half a million on share sale
20th Jun 2014 16:10
Tate & Lyle's President of speciality food ingredients has sold 74,588 shares in the sugar and sweetener giant after the shares were released under the group's performance share plan. Olivier Rigaud, who took up his current role at the sugars and sweeteners group in June 2010, traded the shares in
Read moreCarclo directors top up after posting jump in profit
18th Jun 2014 15:50
The Chief Executive (CEO) and Chief Financial Officer of plastics firm Carclo have purchased a combined 64,273 shares in the group following the publication of its results a week earlier. CEO Christopher Malley has purchased 23,773 shares at 114.29p for a total cost of £27,170. CFO Robert Brooks
Read moreBoohoo Chairman increases stake after results beat expectations
17th Jun 2014 16:05
Peter Williams, the Non-Executive Chairman of boohoo.com, has upped his stake in the AIM-listed fashion retailer to 2.2m shares. The Chairman added 100,000 shares at 50.68p each in a transaction worth £50,680. The deal was made just a few days after the recently floated company delivered record
Read moreEnteq CEO builds stake after posting annual loss
16th Jun 2014 15:38
Enteq Upstream's Chief Executive Officer, Martin Perry, on Friday added £74,000-worth of shares to his stake in the Australia-based group following the release of its full year results the same day. Perry added 200,000 shares at 37p apiece, taking his total to 908,802, or 1.54% of the issued share
Read moreVolex raises funds and extends loan facility to speed up transformation
12th Jun 2014 09:14
Power and data cabling solutions provider Volex has announced plans to raise £18.1m from the placing and open offer of 24.1m shares, alongside the extension of its committed bank facility. The additional funds are being raised to give the group a stronger platform for the continued progress of its
Read moreTuesday broker round-up UPDATE
12th Jun 2014 08:50
Afren: Oriel downgrades from buy to hold with a target price of 145p. Aggreko: RBC Capital downgrades to neutral with a target price of 1700p. Betfair Group: Morgan Stanley raises target price from 1150p to 1260p and keeps an overweight rating. BG Group: Nomura downgrades to neutral with a target
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