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Pin to quick picksAscential Share News (ASCL)

Share Price Information for Ascential (ASCL)

London Stock Exchange
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Share Price: 335.50
Bid: 335.00
Ask: 335.50
Change: -1.00 (-0.30%)
Spread: 0.50 (0.149%)
Open: 338.00
High: 339.50
Low: 334.00
Prev. Close: 336.50
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IN BRIEF: Ascential completes GBP300 million tender offer

Fri, 10th May 2024 21:56

Ascential PLC - London-based events, subscription business and advisory services-focused company - Confirms that the Tender Offer, the results of which were announced on Wednesday, completed on Friday. Under the terms of the Tender Offer, Bank of America Securities purchased 95.2 million shares at the strike price of 315 pence each. On Friday, these shares were subsequently acquired by Ascential from BofA Securities at the same price.

In April, Ascential said the tender offer would return up to GBP300 million to shareholders by acquiring up to 95.2 million shares, around 21% of Ascential's share capital.

Current stock price: 312.23 pence

12-month change: up 31%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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16 May 2023 15:10

Ex-Daily Mail CEO tapped to work on bid for Ascential unit

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3 Apr 2023 09:43

LONDON BROKER RATINGS: HSBC cuts NCC; Exane BNP cuts Man Group

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30 Mar 2023 10:03

Ascential achieves double-digit annual revenue rise but loss widens

(Alliance News) - Ascential PLC on Thursday reported a rise in its annual revenue but suffered a widened loss as expenses climbed.

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30 Mar 2023 07:05

Revenues surge at Ascential

(Sharecast News) - Ascential reported record revenues on Thursday, as it pushed ahead with plans to break up the business, but saw losses widen as costs mounted.

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3 Mar 2023 13:48

Hyve suitor Providence weighing bid for Ascential events arm

(Sharecast News) - Buyout firm Providence Equity Partners is reportedly hatching plans to bid for the events arm of Ascential as it looks to bolt it together with rival Hyve, for which it has made a £306m takeover approach.

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15 Feb 2023 11:41

Ascential to sell consumer trends unit - report

(Sharecast News) - Ascential shares spiked higher on Wednesday following a report that the data and analytics company, which is undergoing a major restructuring, has hired JPMorgan Chase & Co. for a sale of its consumer trend-spotting business.

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7 Feb 2023 10:31

Ascential ups stake in Hudson MX; has path to majority holding

(Alliance News) - Ascential PLC on Tuesday said it is increasing its minority stake in Hudson MX Inc, a US provider of software-as-a-service media buying & media accounting solutions.

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27 Jan 2023 09:29

LONDON BROKER RATINGS: JPMorgan raises 888; Peel Hunt cuts Antofagasta

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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25 Jan 2023 17:09

LONDON MARKET CLOSE: Stocks in the red; Ascential surges on spin-off

(Alliance News) - Stocks in London were lower at the close on Wednesday amid a gloomy economic backdrop for the UK and mixed updates from UK-listed firms.

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25 Jan 2023 12:05

LONDON MARKET MIDDAY: Stocks mostly down but easyJet, Ascential surge

(Alliance News) - Stock prices in London were lower at midday on Wednesday, despite some positive UK company trading updates.

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25 Jan 2023 09:21

TOP NEWS: Ascential to spin-off digital arm as sharpens event focus

(Alliance News) - Ascential PLC on Wednesday said it is proposing to separate its digital commerce assets into an independent US-listed company, as it emphasised a focus on events for its core business.

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25 Jan 2023 09:08

LONDON MARKET OPEN: Stocks firm; Ascential jumps 25% on restructuring

(Alliance News) - Stock prices in London opened marginally higher on Wednesday, after figures showed producer price inflation is easing in the UK and following mixed markets in the US and Asia.

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25 Jan 2023 07:55

LONDON BRIEFING: UK producer price inflation cools in December

(Alliance News) - Stocks in London were called flat on Wednesday, as new data showed producer price inflation is easing in the UK.

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25 Jan 2023 07:54

Ascential FY seen ahead of market views; to separate digital assets

(Sharecast News) - Ascential said on Wednesday that full-year revenues and adjusted EBITDA were set to be ahead of market expectations, as it announced the separation of its digital assets.

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24 Jan 2023 09:33

LONDON BROKER RATINGS: Davy raises DS Smith; Panmure cuts Unite Group

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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