Canaccord Genuity lowers target price on Zegona Communications
12th Apr 2023 10:24
(Sharecast News) - Analysts at Canaccord Genuity slashed their target price on telecommunications investor Zegona Communications from 130.0p to 80.0p on Wednesday as it said the group was "gearing up for the next deal".
Read moreTuesday broker round-up
22nd Sep 2020 13:28
(Sharecast News) - Imperial Brands: RBC Capital Markets upgrades to outperform with a target price of 1,900.0p.
Read moreZegona investment Euskaltel shores up debt with new term loan
10th Jul 2020 09:05
(Sharecast News) - Telecommunications investor Zegona announced on Friday that its investment Euskaltel has replaced its €215m (£192.63m) amortising debt with a new €215m term loan, with no amortisation before December 2023.
Read moreZegona announces dividend after Euskaltel distribution
10th Jun 2020 08:15
(Sharecast News) - Zegona Communications announced a £5.7m dividend payment on Wednesday, after shareholders of Euskaltel approved a 17 euro cent (15p) dividend per share on 2 June, to be paid in July.
Read moreZegona Communications' profit jumps following strong investee performance
27th Sep 2019 11:23
(Sharecast News) - Zegona Communications on Friday reported a jump in profit before tax after a successful period for its Spanish investee company, Euskaltel.
Read moreZegona eyes increased stake in Spanish telco Euskaltel
19th Oct 2018 09:59
(Sharecast News) - AIM-listed telecommunications and media investor Zegona Communications intend to make a partial tender offer in cash to acquire as much as 14.9% of the outstanding shares in Spanish quadplay provider Euskaltel.
Read moreZegona declares second dividend for 2016
16th Feb 2017 12:18
(ShareCast News) - European telecommunications, media and technology sector investor Zegona declared a second interim dividend for the full year to 31 December on Thursday. The London-listed company had approved a policy to pay a dividend of 4.5p per ordinary share for the full year period to 31 Dec
Read moreZegona replaces Vodafone Spain with Telefonica
7th Nov 2016 08:43
(ShareCast News) - Telecommunications, media and technology investing company Zegona announced on Monday that its operating business, Telecable, had entered into a new mobile access agreement with Telefonica in Spain which will replace the current arrangement with Vodafone. The London-listed firm sa
Read moreTelecable boosts Zegona's first half
7th Sep 2016 12:34
(ShareCast News) - Zegona Communications posted its interim report for the six months to 30 June on Wednesday, with revenue at its primary operation - the recent Telecable acquisition - up 4.4% to €69.2m, on total group revenue of €70.5m. It was the first full year of ownership of the northern Spain
Read moreDirector dealings: Zegona chief makes second purchase of the week
4th Aug 2016 16:18
(ShareCast News) - Zegona Communications chief executive Eamonn O'Hare continued to top up his stake in the company after the shares were hit by the company walking away from a potential Spanish acquisition. O'Hare, a former chief financial officer of Virgin Media and Tesco UK, has this week spent £
Read moreZegona posts ongoing growth at Telecable subsidiary
22nd Jun 2016 10:38
(ShareCast News) - Zegona Communications posted quarterly results for its primary investment on Wednesday, the northern Spanish cable network operator Telecable, with solid growth in both revenue and earnings. The AIM-traded firm said revenue grew 5.7% to €34.9m in the three months ending 31 March,
Read moreZegona in talks to acquire Spanish mobile network Yoigo
18th Mar 2016 14:52
(ShareCast News) - Zegona Communications confirmed press speculation it was in very early talks to acquire Spanish mobile operator Yoigo on Friday, but warned the market nothing was set in stone. The AIM-traded communications firm said it had entered into an exclusivity agreement with Yoigo's parent
Read moreZegona Communications buys Spain's Telecable de Asturias
27th Jul 2015 11:08
(ShareCast News) - Shares in Zegona Communications jumped almost 10% on Monday, after it agreed to buy Spanish telecoms provider Telecable de Asturias SA for €640m. The company, which floated on London's main market in March, said the deal will be funded by £251m in new equity, as well as a new debt
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