Hansard Global PLC - Isle of Man-based specialist long-term savings provider - Leonard Polonsky, the company's founder and controlling shareholder, dies in New York on Friday. Polonsky started working in financial services in New York in 1955, forming the Liberty Life Assurance Co Ltd in London in 1970. This later became Hansard Global, which listed on the London Stock Exchange in 2006. Read More
Hansard Global PLC - specialist long-term savings provider - declares unchanged interim dividend of 1.8p per share for the six months ended December 31. Reports pretax profit of around GBP500,000, down 88% from GBP4.1 million the year before "due to currency movements, strategic investment, new IT system depreciation costs, and litigation costs". Fees & commissions decrease to GBP21.3 million from GBP21.5 million, while investment & other income fall to GBP2.4 million from GBP3.1 million. New business sales in PVNBP terms however increase 36% to GBP49.1 million from GBP36.2 million. Chief Executive Thomas Morfett says: "There are early signs that our recently launched products and fund range are appealing to clients and advisors. Nevertheless, as we navigate continuing regulatory changes and a challenging financial landscape, we anticipate that it will take time for the growth in new business to translate into improvements in income and profitability." Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced recently and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Hansard Global PLC - specialist long-term savings provider - Celebrates as Hansard International Ltd formally signs a distribution agreement with Guardian Japan Kabushiki Kaisha. Explains that Guardian is registered with the Kanto Local Finance Bureau, and that the deal allows Guardian to promote and distribute Hansard's products in Japan. Read More
Hansard Global PLC - specialist long-term savings provider - Says it is aiming for increased sales and long-term growth as it reports a profit rise despite challenges. Net asset value per share rises 3.8% to 16.2 pence as at December 31, from 15.6p a year prior. Pretax profit climbs 32% to GBP4.1 million in the six months to December 31, from GBP3.1 million a year before. Notably, investment and other operating income jumps 90% to GBP44.3 million from GBP23.3 million. However, costs arising from the change in provisions for investment contract liabilities increase 93% to GBP41.7 million from GBP21.6 million. Looking ahead, Chief Executive Officer Graham Sheward says that despite a challenging environment for investment and long-term savings plans, the company is targeting future new business growth and cost efficiencies. Read More
(Alliance News) - Hansard Global PLC on Thursday said its full-year profit rose by half as it maintained its dividend for the year. Read More
(Alliance News) - Stock prices in London were lower at midday on Thursday as elevated oil prices added fuel to inflationary fears and supported the higher for longer narrative around global interest rates. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. 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 Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings 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 Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Hansard Global PLC on Wednesday said its Chief Financial Officer Tim Davies plans to retire after completing a six-month notice period. 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