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NCC Group Advances To FTSE 250 After Pace Acquired By ARRIS (ALLISS)

24th Dec 2015 12:43

LONDON (Alliance News) - NCC Group PLC, a provider of escrow, assurance and domain services, said it has been promoted to the FTSE 250 index on Thursday.

This comes after shares in FTSE 250-listed technology company Pace PLC were cancelled from trading on Wednesday following its acquisition by media entertainment company ARRIS Group PLC.

"We have delivered growth through a combination of strategic acquisitions and organic growth and look forward to continuing to develop our position as a leading player in our industry," Chief Executive Rob Cotton said in a statement.

Shares in NCC closed trading down 2.1% at 300.50 pence on Thursday afternoon.

By Karolina Kaminska; [email protected] @KarolinaAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.


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