PayPoint PLC - Hertfordshire, England-based payments and retail technology group - Launches second tranche of buyback programme, purchasing up to GBP30 million in shares, with the scheme ending no later than March 31 next year. The buyback will be run by Investec, with the latest tranche following the initial GBP20 million tranche completed on Monday this week. Last month, PayPoint said intends to increase and extend its share buyback programme, returning at least GBP30 million per year to shareholders until the end of March 2028. It is targeting a a minimum reduction in its equity base of 20%. Read More
Investec PLC and Ltd - Sandton, Johannesburg-based financial services - Non-Executive Director Brian Stevenson will reach nine years of service and will not stand for re-election at the 2025 annual general meetings scheduled for August 7. Read More
Investec PLC and Ltd - Sandton, Johannesburg-based financial services - Marc Kahn, chief strategy & sustainability officer, disposes of 115,369 shares at 537.85 pence each, worth GBP620,512, on Tuesday this week. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Investec PLC and Ltd said on Thursday it plans a share buyback after delivering what it called "strong" annual financial performance amid market volatility. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Investec PLC and Ltd - Sandton, Johannesburg-based financial services - Appoints Vivek Ahuja as a non-executive director from Tuesday. Ahuja serves on the boards of Aberdeen Group PLC and PZ Cussons PLC. He is the former deputy chief financial officer at Standard Chartered PLC and chief executive officer of Terra Firma Capital Partners Ltd. Read More
Investec PLC and Ltd - Sandton, Johannesburg-based financial services - Lyndon Subroyen, global head of Investec Digital, sells 33,519 shares at GBP4.92, worth GBP165,003, on Thursday last week and 4,400 shares at ZAR115,62, worth ZAR508,743, on Friday. Read More
Keller Group PLC - London-based geotechnical engineering firm - Begins multi-year share buyback programme with an initial tranche of GBP25 million, split equally between Investec PLC and Ltd and Peel Hunt Ltd. Says programme follows strong 2024 performance and balance sheet strength, with net debt being reduced by 80% year-on-year to GBP29.5 million. Buyback will run through September and complements a 10% dividend increase for 2024. Chief Executive Officer Michael Speakman says the share buyback reflects the "attractive capital allocation options" available to the group. Read More
Rathbones Group PLC - London-based investment and wealth manager - Hires Jonathan Sorrell to be its new chief executive officer, joining the company on July 1 from Capstone Investment Advisors, a derivatives investment management firm where he has been president since the start of 2020. Sorrell previously was chief financial officer, and later president, of active investment manager Man Group PLC. At Rathbones, Sorrell will replace Paul Stockton, who will retire on September 30 after 16 years with Rathbones and six as CEO. Rathbones says Stockton wants to retire upon turning 60 in the second half of the year. It notes that Stockton oversaw the merger of Rathbones with Investec Wealth & Investment Ltd, the UK arm of Investec PLC. The all-share combination was completed in September last year, and Investec now owns around 41% of Rathbones as a result. Read More
(Alliance News) - Investec PLC and Ltd warned on Thursday it expects annual earnings to fall following a once-off gain linked to the Rathbones Group PLC deal a year before. Read More
Johnson Service Group PLC - Cheshire, England-based textile rental and services provider - Launches on Wednesday the first tranche of the share buyback announced with its annual results on Tuesday. The GBP15.0 million first tranche of the GBP30.0 million buyback will be run by Investec Bank PLC and will be completed by July 18. Johnson Service noted it has significant headroom under its banking facilities and current debt leverage is less than one times. Read More
(Alliance News) - Rathbones Group PLC on Wednesday reported a rise in funds under management, as the integration of the former Investec business in the UK helped attract "record gross inflows". Read More
(Alliance News) - Boku Inc on Tuesday said it is extending its current share buyback programme. Read More