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IN BRIEF: Ince Group wins FCA approval for Arden Partners acquisition

Fri, 21st Jan 2022 10:50

Ince Group PLC - London-based legal services company - Says that the UK Financial Conduct Authority has approved its acquisition of Arden Partners PLC, a corporate adviser and multi-service stockbroker based in London. The acquisition was announced in October. The acquisition valued Arden at approximately 31 pence per share, a premium of 41% to Arden's closing share price of 22 pence prior to the announcement.

Current Ince Group stock price: 34.00 pence, down 6.1%

12-month change: down 17%

Current Arden Partners stock price: 21.50p

12-month change: up 82%

By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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6 Oct 2010 15:52

Arden boss departs

Jeremy Grime has left broker Arden Partners less than one month after he gained regulatory approval to take up the position of chief executive after a rumoured disagreement with the board over a potential acquisition. Grime was appointed chief executive designate on 22 June. Grime joined AIM-quot

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10 Sep 2010 07:53

Arden warns of results miss

Arden Partners has slumped again Friday after the stockbroker warned it is "unlikely" to meet market expectations for the year ended 31 October. The equities business has been "challenging" since the firm's trading statement at the end of June and the corporate finance pipeline remains satisfactory

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22 Jun 2010 16:00

UK SMALLCAP ROUNDUP: UK Govt To Launch GBP37.5M Growth Fund

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22 Jun 2010 12:30

UK SMALLCAP ROUNDUP: Easydate Fancies GBP10M IPO Raising

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22 Jun 2010 11:44

UPDATE: Arden Partners Eyes Indian Promise As CEO Steps Down

(Adds executive comments, analyst comments and share price.) By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Stockbrokers Arden Partners PLC (ARDN.LN) Tuesday increased its focus on the burgeoning Indian market, as Chief Executive Officer Jonathan Keeling announced plans to b

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22 Jun 2010 09:30

UK SMALLCAP ROUNDUP: Halma Returns To Acquisition Trail

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps HALMA PLC (HLMA.LN) Tuesday said it is back on the acquisition trail after sales growth in Asia and savings from layoffs drove a 12% rise in fiscal-year

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22 Jun 2010 07:22

Arden Partners 1H "Encouraging", Revenue Up 41%

LONDON (Dow Jones)--Stockbrokers Arden Partners PLC (ARDN.LN) Tuesday reported an "encouraging" first half, with revenue increasing 41% and the pretax loss narrowing slightly, and said it was well placed for growth and profitability from both the U.K. and Indian markets. For the six months ended

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25 Mar 2010 17:36

Small Caps round-up: Digital Barriers, Northbridge Industrial, Nanoco..........

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