Breedon Share News (BREE)

IN BRIEF: Breedon shareholders vote in favour of group reorganisation

Breedon Group PLC - Derby, England-based construction materials firm - Shareholders vote in favour of group reorganisation with new holding company incorporated in England & Wales. At a Jersey court meeting on Wednesday, 94% of votes were cast in favour of the motion, followed by the same margin at a general meeting for the proposed scheme.

Breedon trades in line with expectations in "positive" first quarter

(Alliance News) - Breedon Group PLC on Wednesday said trading in the first quarter of 2023 has been positive, with "encouraging" levels of enquires.

Breedon Q1 trading 'positive'

(Sharecast News) - Construction materials group Breedon said on Wednesday that first-quarter trading had been positive, with "encouraging" levels of enquiries throughout the period.

LONDON BRIEFING: GSK quarterly sales slip but confirms 2023 guidance

(Alliance News) - Stocks in London were set to open lower on Wednesday as worries about the US banking sector returned.

UK shareholder meetings calendar - next 7 days

LONDON BROKER RATINGS: RBC raises RS Group; Exane raises Kingspan

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

UK dividends calendar - next 7 days

Berenberg nudges up target price on Breedon

(Sharecast News) - Analysts at Berenberg nudged up their target price on construction outfit Breedon from 80.0p to 85.0p on Monday, stating there was "plenty to play for".

LONDON BROKER RATINGS: UBS and Bank of America raise Glencore to 'buy'

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

IN BRIEF: Investor linked to Breedon chair buys GBP4 million in shares

Breedon Group PLC - Derby, England-based construction materials - Abicad Holding Ltd buys 5.3 million shares at 75 pence per share, worth GBP4.0 million, in a reverse accelerated bookbuild run by Deutsche Bank. Abicad, which is represented on the Breedon board by Breedon Chair Amit Bhatia, now has 170.3 million shares, about a 10% stake. In announcing its offer late Thursday, Abicad said it was willing to buy up to 84.7 million additional shares, saying this was "a signal of Abicad's continued belief in the business and Breedon's overall strategic direction". It confirmed it is not intending to make an offer for the company. Breedon on Wednesday had announced its plan to move to the London Main Market from AIM in the second quarter of 2023.

LONDON BROKER RATINGS: Barclays raises Tritax EuroBox; DB cuts Admiral

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

Abicad intends to increase stake in Breedon Group, not planning bid

(Alliance News) - Abicad Holding Ltd on Thursday said that it intends to buy more shares in Breedon Group PLC but confirmed it does not intend to make a bid for the company.

Breedon plans to move to London Main Market; lifts dividend by 31%

(Alliance News) - Breedon Group PLC on Wednesday said it intends to move its listing to the premium segment of the London Main Market from AIM, and reported 2022 results ahead of expectations.

LONDON MARKET OPEN: Stocks slide as higher US interest rates priced in

(Alliance News) - Stock prices in London opened in the red on Wednesday morning, after comments by US Federal Reserve Chair Jerome Powell put a larger 50-basis-point interest hike at the US central bank's next meeting in March firmly on the radar.

LONDON BRIEFING: UK insurers report mixed results and change chairs

(Alliance News) - Stocks in London are set to open lower on Wednesday, as markets saw any prospect of a dovish pivot from the US Federal Reserve dashed on Tuesday after its chair said rates would likely remain high.