Franchise Brands PLC - Manchester-based owner of ChipsAway, Willow Pumps and Metro Rod brands - Says it received acceptances for 29.1 million shares or 99.7% of issued share capital of Filta Group Holdings PLC in offer that closed on Friday. Franchise had already completed the acquisition of the Rugby, England-based provider of cooking oil filtration and fryer management services in early March. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
UP Global Sourcing Holdings PLC - Oldham, Greater Manchester-based consumer brands owner - Chris Dent joins as chief financial officer designate, and is expected to take up the position of chief financial officer on August 1. Read More
Filta Group Holdings PLC - Rugby, England-based provider of cooking oil filtration and fryer management services - Franchise Brands PLC says acceptances of its takeover offer remain at 82%. The all-share deal, which values Filta around GBP50 million, was agreed last month. Filta share holders will receive 1.157 Franchise Brands shares for each Filta share, worth 170.7 pence at the time the offer was made. The offer remains open until April 19, but the acceptance condition of 75% already had been met when the deal was first announced. Franchise Brands says Filta shares will be cancelled from AIM on March 24, while 27.7 million new Franchise Brands shares issued to Filta shareholders will start trading on AIM this Thursday. Read More
Filta Group Holdings PLC - Rugby, England-based Filta provides cooking oil filtration and fryer management services - Franchise Brands PLC says own shareholders vote overwhelmingly to approve its takeover offer for Filta. The all-share deal, which values Filta around GBP50 million, was agreed last month. Franchise Brands says has acceptances or undertakings to accept the offer for 23.8 million Filta shares, 81.8% of the total, unchanged from when the offer was first announced. Filta share holders will receive 1.157 Franchise Brands shares for each Filta share, worth 170.7 pence at the time the offer was made. The offer remains open until April 19. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The share price of Filta Group Holdings PLC barely budged on Wednesday, despite the announcement of an agreed takeover offer from fellow AIM listing Franchise Brands PLC. Read More
(Alliance News) - European equities were mixed midday Wednesday as a tense situation on the Ukraine border and a staggering UK inflation figure saw trepidation creep in, with markets surrendering earlier gains. Read More
(Alliance News) - Franchise Brands PLC said Wednesday it has agreed terms of an all-share takeover offer for Filta Group Holdings PLC, valuing the Rugby, England-based company at GBP49.8 million. Read More
(Alliance News) - London's FTSE 100 stock index edged cautiously higher in early dealings on Wednesday, with a seeming de-escalation by Russia of its threat to Ukraine lifting the mood, though traders were wary about a backdrop of inflationary pressures in both the UK and US. Read More
(Alliance News) - The UK annual inflation figure raced to just shy of a 30-year high in January, figures from the Office for National Statistics showed Wednesday. Read More
(Alliance News) - Stock prices in London are seen opening slightly higher on Wednesday, adding to strong gains on Tuesday, as tensions on the Russia-Ukraine border appear to have eased. Read More
IN BRIEF: Franchise Brands hails record year for Metro Rod Read More
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TRADING UPDATES: Gym Group bulks up with placing; 88 Energy debt free Read More