(Alliance News) - Mears Group PLC on Thursday said it has achieved record financial results in 2023 thanks to a significant jump in its management-led revenue, and hopes to carry forward this "strong trading momentum" into 2024. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
Synectics PLC - Sheffield, England-based security and surveillance systems company - Appoints Bob Holt as chair, effective after annual general meeting on April 24. He will replace outgoing Chair Steve Coggins, who has been interim chair since October. Holt has experience as a director at several companies, including Revolution Beauty Group PLC and Mears Group PLC, the latter of which he guided through its initial public offering on London's AIM market in 1996, back then as chair of Mears. Read More
(Alliance News) - Galliford Try Holdings PLC's much improved half-year profit showed the potential to "perform through" the economic cycles affecting the UK building industry, according to analysts on Wednesday. Read More
Mears Group PLC - Gloucester, England-based housing and social care provider - Board approves a third share buyback programme of up to GBP20 million, following two programmes in 2023 which saw the accumulative purchase and cancellation of 12.2 million shares at an average price of 272.7 pence each. This was worth a total GBP33.2 million and represented around 11% of shares at the start of 2023. Says the purpose of the third programme is to return additional surplus capital to shareholders and to further reduce the group's share capital. Read More
(Alliance News) - Stock prices in London closed lower on Thursday, after US rate cut expectations suffered a setback following some hotter-than-expected inflation data. Read More
(Alliance News) - Mears Group PLC on Thursday said it expects its 2023 results to beat market expectations. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
Mears Group PLC - Gloucester, England-based housing and social care provider - Completes second share buyback programme, over the course of which it purchased and cancelled 4.9 million shares at an average price of 270.9 pence, representing around 4.7% of the group's issued share capital. When combined with the first buyback programme, Mears has purchased and cancelled 12.2 million shares at an average price of 272.7p, representing 11% of the its share capital at the start of the year, a return of surplus capital of GBP33.2 million. Read More
Mears Group PLC - Gloucester, England-based housing and social care provider - Names Lucas Critchley as new chief executive officer from January. Says this complete board transition beginning in May 2022, when incumbent CEO David Miles signalled his intention to retire. Miles will now formally step down at the end of December. Says Miles will "remain a key member of the senior management team and has committed to continue to provide support to the business over the medium term with particular focus on key client engagement, operational support and driving commercial performance". 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
Mears Group PLC - Gloucester, England-based housing and social care provider - Proposed cancellation of share premium account sanctioned by High Court of Justice of England & Wales. Read More
(Alliance News) - Mears Group PLC on Tuesday launched a further GBP15 million share buyback programme. Read More
Mears Group PLC - Gloucester, England-based housing and social care provider - Appoints Jim Clarke as chair on a permanent basis. Clarke was promoted to interim chair on June 28 following the resignation of Chair-Designate Chris Loughlin. He joined Mears's board in 2019. Company says Clarke has 30 years' experience serving on various PLC boards and that he "will provide experience and continuity". Clarke's previous roles include group chief financial officer of Countrywide PLC from 2007 to 2017, and finance director & company secretary of JD Wetherspoon PLC from 1998 to 2007. Read More
Mears Group PLC - Gloucester, England-based housing and social care provider - Appoints Jim Clarke as chair on a permanent basis. Clarke was promoted to interim chair on June 28 following the resignation of Chair-Designate Chris Loughlin. He joined Mears's board in 2019. Company says Clarke has 30 years' experience serving on various PLC boards and that he "will provide experience and continuity". Clarke's previous roles include group chief financial officer of Countrywide PLC from 2007 to 2017, and finance director & company secretary of JD Wetherspoon PLC from 1998 to 2007. Read More
(Alliance News) - Home REIT PLC on Wednesday said that One (Housing & Support) CIC has agreed to surrender its leases on 100 properties. Read More