Science in Sport loss narrows in 2024 ahead of takeover by bd-capital
(Alliance News) - Science in Sport PLC on Monday said its loss narrowed during 2024 as it eyes the recently-agreed takeover by bd-capital Partners Ltd. Read More
(Alliance News) - Science in Sport PLC on Monday said its loss narrowed during 2024 as it eyes the recently-agreed takeover by bd-capital Partners Ltd. Read More
Science in Sport PLC - London-based sports nutrition company - Confirms it has reached agreement on the terms of a previously-announced takeover offer from bd-capital Partners Ltd, valued at 34 pence per share in cash. This is around a 24% premium to Science in Sport's closing price of 27.5p per share on Tuesday, and values Science in Sport at around GBP82.3 million on a fully diluted basis. Read More
Science in Sport PLC - London-based sports nutrition company - Confirms it has received a takeover approach from bd-capital Partners Ltd, priced at 34 pence per share. Notes discussions are currently at an "advanced stage". Read More
Science in Sport PLC - London-based sports nutrition company - Expects annual results to be ahead of current market expectations. Nonetheless, expects revenue to fall 18% to GBP51.9 million in the financial year ended December 31 from GBP62.8 million a year prior. But sees adjusted earnings before interest, tax, depreciation and amortisation of GBP4.2 million, more than double last year's GBP2.0 million. Read More
(Alliance News) - Science in Sport PLC on Monday said its interim loss narrowed following a reduction in operating costs. Read More
Science in Sport PLC - London-based sports nutrition company - Says on July 5, Lombard Odier Asset Management Ltd, closely associated with Non-Executive Director Henry Turcan buys 23.6 million shares at 17 pence each. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday 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 Friday and not separately reported by Alliance News: Read More
Science in Sport PLC - London-based performance nutrition product company - Plans to raise GBP8.0 million via a placing at 17 pence per share. Notes the placing of 47 million shares represents just under 26% of the company's issued share capital. Science in Sport says certain directors will subscribe for just over GBP1.0 million worth shares as part of the placing. Panmure Liberum is acting as nominated adviser, broker and sole bookrunner in connection with the placing. Further, the company plans to raise GBP500,000 via retail offer at the same price. This will be undertaken via the Winterflood retail access platform. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Science in Sport PLC on Wednesday said it delivered earnings in 2023 despite a slight decrease in annual revenue. Read More
Science in Sport PLC - London-based performance nutrition product - Executive Chair Dan Wright buys 1.0 million shares via family investment firm Gomrath Ltd at 11 pence each, worth GBP110,000, on Tuesday. The shares are Wright's only holding. He became non-executive chair in mid-October and then moved to executive chair upon the departure of Stephen Moon as chief executive officer a few days later. Additionally, Lombard Odier Asset Management (Europe) Ltd buys 9.7 million Science in Sport shares, also at 11p, worth GBP1.1 million, on Tuesday and Wednesday. Lombard Odier now has 46.9 million shares, a 25.8% stake. The asset manager is represented on the Science in Sport board by Non-Executive Director Henry Turcan. Read More
Science in Sport PLC - London-based performance nutrition firm - Chief Executive Officer Stephen Moon steps down with immediate effect, remaining employed and on garden leave during his notice period. Chair Dan Wright has been appointed executive chair. Wright says: "We would like to thank Stephen for the role he has played with the company for over a decade. He has been instrumental in Science in Sport and PhD becoming leading sports nutrition brands, culminating in the completion of the world-class supply chain facility in Blackburn that is pivotal for the next phase of profitable growth." Read More
Science in Sport PLC - London-based performance nutrition firm - Confirms appointment of Dan Wright as non-executive chair, with immediate effect. Wright replaces John Clarke, who has now stepped down from the company's board. Science in Sport named Wright as its new chair at the end of September. Wright has been executive chair of Accrol Group Holdings PLC since 2018. 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 xxxday and not separately reported by Alliance News: Read More
Science in Sport PLC - London-based performance nutrition - Lombard Odier Asset Management (Europe) Ltd buys 900,000 shares at GBP0.12, worth GBP108,000, on Tuesday last week. Science in Sport Non-Executive Director Henry Turcan joined Lombard Odier as an investment manager in 2017 and the Science in Sport board this past February. Lombard Odier has a 21% stake in Science in Sport, according to Morningstar. Read More
Science in Sport PLC - London-based sports nutrition company - Says it is unable to publish 2022 results in time for deadline. As a result, its shares were suspended for trading on AIM as of Monday, which will remain in place until it publishes its audited financial statements, which it expects "imminently". Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Science in Sport PLC on Thursday announced the conclusion of its strategic review, while noting that revenue rose in the first quarter. Read More