Work Group shares suspended as it heads towards reverse takeover
16th Dec 2016 14:36
(ShareCast News) - Work Group updated the market on its progress in finding a suitable acquisition to fulfil its stated investment strategy on Friday. The AIM-traded firm's chairman said it entered into a memorandum of understanding on an opportunity for the potential acquisition of a group of compa
Read moreWork Group reports 2015 loss after 'struggling to survive'
19th Aug 2016 08:31
(ShareCast News) - Work Group reported another loss in 2015 as the company was "without doubt struggling to survive" in difficult trading conditions. "Throughout the course of 2015, we were without doubt struggling to survive and I must thank our people for their commitment and endeavours in achievi
Read moreWork Group suspended as it misses reporting deadline
29th Jun 2016 14:53
(ShareCast News) - As a raft of AIM companies rushed to post their 2015 results before the 30 June deadline, Work Group announced on Wednesday that its shares had to be suspended from trading. The AIM-traded company said it would not be in a position to publish its audited report and accounts for th
Read moreWork Group confirms poor first half
16th Dec 2015 09:42
(ShareCast News) - A disappointing start to 2015 was confirmed at Work Group, with the publication of its first half results on Wednesday. The AIM-listed recruitment firm reported an unaudited operating loss of £648,000 for the six months to 30 June, growing from a £132,000 loss last year. Revenue
Read moreWork Group suspended following strategic review
16th Jun 2015 16:09
Recruitment services business Work Group has been suspended from trading on AIM after deciding not to release its full-year results. The company will not publish the results for the 12 months to 31 December 2014 until it concludes its strategic review carried out by SI partners. Work Group said it
Read moreWork Group Chief continues to build stake
13th Jan 2014 16:09
Staffing company Work Group on Monday announced its Chief Executive, Rose Colledge, had enlarged her stake in the firm with the purchase of 284,844 shares, while her husband bought a further 441,014. All of the shares were bought for 4.53p each, giving a total trade value of £32,881. Colledge's st
Read moreMonday broker round-up UPDATE
3rd Dec 2012 07:16
ARM Holdings: Exane BNP Paribas upgrades from neutral to buy. Ashtead Group: Bank of America starts with a target price of 460p and a buy recommendation. AstraZaneca: Berenberg raises target price from 3080p to 3100p; hold recommendation kept. Balfour Beatty: Investec reduces target price from 21
Read moreSmall caps round-up: Origo Partners, Corac, Work Group
18th Sep 2012 10:53
Shares in Origo Partners hit a 52-week low after the Beijing-based private equity investment firm announced a first half investment loss, pushing it into the red at the interim stage. Having enjoyed investment income of $23.6m in the first half of this year, the group suffered an investment loss of
Read moreTough conditions continue for Work Group
18th Jul 2012 08:47
Shares of recruitment services firm Work Group plummeted after it said half year gross profit declined 4% from the same period last year as challenging conditions for recruitment services continues. The aim quoted company said net fee income, or gross profit, for the six months ended June 30 fell t
Read moreWork Group concerned about demand
16th Sep 2011 07:56
AIM-quoted recruitment services provider Work Group has expressed concern about overall recruitment demand and says it expects the market to remain uncertain for the remainder of the current year. Half-year losses narrowed after a reduction in the cost of sales with pre-tax losses of £0.08m, versu
Read moreWork Group sees 7% profit hike
22nd Jul 2011 08:10
AIM-quoted recruitment services provider Work Group said it is confident full year expectations will be met as it announced a 7% increase in gross profit for the six months ended 30 June 2011 The group, which offers a range of staff recruitment solutions to employers, said gross profit now stands a
Read moreSmall caps round-up: Acal, Dechra, KBC Advanced Tech...
12th Jan 2011 12:11
Technology specialist Acal has bought German communication and fibre optic component provider CompoTRON for up to £7.1m. An initial cash consideration of £5.7m will be followed by another £1.4m in January 2013, subject to the company meeting performance targets. CompoTRON made £0.8m in 2009. Veter
Read moreSmall Caps round-up: Petro Matad, JSM Indochina, Work Group....
16th Sep 2010 15:04
Mongolia-focused oil explorer Petro Matad is raising $46.8m from a share issue at 135p ($2.08) a share. The cash will be used to accelerate its drilling programme to four wells, invest in further seismic data and investigate additional exploration activities in Mongolia. The European Bank for Recons
Read moreWork Group Expects To Report Operating Profit For 1H
16th Jul 2010 07:16
LONDON (Dow Jones)--Work Group PLC (WORK.LN), a marketing services company, said Friday it expects to report an operating profit, before exceptional costs, for the six month period ended June 30, adding that it is confident that full year expectations will be met. MAIN FACTS: -Net fee income
Read moreWork: Rose Colledge Named Group CEO Effective June 21
17th Jun 2010 08:22
LONDON (Dow Jones)--Work Group PLC (WORK.LN), said Thursday that Rose Colledge is to be appointed as Group Chief Executive with effect from June 21. MAIN FACTS: -Simon Howard will continue in his role as Executive Chairman but will reduce his time commitments to the company. -Michael War
Read more