CTH.L Share News (CTH)

TRADING UPDATES: Neometals swings to loss; Funding Circle strikes deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

LONDON MARKET CLOSE: Calm start to week as stocks extend gains

(Alliance News) - Stocks in London started the new week where they left off on Friday, with investors shaking off recent worries over rising interest rates and global growth risks.

Commodity stocks drive FTSE 100 to more than one-week high

June 27 (Reuters) - UK's FTSE 100 ended at a more than one-week high on Monday, as an easing of COVID restrictions in China and the prospect of global infrastructure funding brought relief to commodity prices, lifting shares of major oil and mining companies.

IN BRIEF: DBAY Advisors confirms no offer for CareTech

CareTech Holdings PLC - Hertfordshire, England-based residential social care and education services - DBAY Advisors Ltd confirms it does not intend to make a firm offer for CareTech. This follows news earlier on Monday that CareTech accepted the GBP870.3 million takeover bid from Amalfi Bidco Ltd, for 750 pence a share. Amalfi is a consortium which includes CareTech founders Farouq and Haroon Sheikh, and THCP Advisory Ltd.

LONDON MARKET MIDDAY: Stocks rise as aggressive rate hike fears ease

(Alliance News) - Stock prices in London were higher at midday on Monday on hopes that central banks are getting control over inflation, meaning that interest rates may not have to rise as high as previously expected.

AIM WINNERS & LOSERS: CareTech accepts offer; Caspian loss widens

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

TOP NEWS: CareTech backs GBP870 million buyout from founders

(Alliance News) - CareTech Holdings PLC on Monday accepted a GBP870.3 million takeover bid tabled by a consortium which features the residential social care and education services firm's founders.

CareTech to be taken over in £870m deal

(Sharecast News) - AIM-listed residential social care provider CareTech said on Monday that it has agreed to be taken over by a consortium led by its co-founders for £870.3m.

Caretech shares fall on drop in interim profit, skips dividend

(Alliance News) - Caretech Holdings PLC shares fell on Thursday after the company posted a reduced interim profit on higher costs and noted that revenue growth was slightly hampered by staffing challenges.

CareTech ends first half 'broadly' as expected

(Sharecast News) - Social care provider CareTech reported a first half performance "broadly in line" with its own expectations on Thursday, despite increased costs due to the Covid-19 pandemic, and a lower-than-targeted occupancy due to sector-wide staffing challenges.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Caretech gives two bidders more time to make firm offer

Caretech Holdings PLC - Hertfordshire, England-based residential social care and education services - Gives its two suitors an extension on the put-up-or-shut-up deadine to June 27. DBAY Advisors Ltd and Sheikh Holdings Group (Investments) Ltd both have offered 750 pence per share. The price values values CareTech at GBP850.0 million. Farouq and Haroon Sheikh, the Sheikh brothers, founded CareTech in 1993, and are executive chair and chief executive officer, respectively.

Sheikh brothers, Dbay given four more weeks to make CareTech offer

(Sharecast News) - CareTech announced an extension to its put-up-or-shut-up deadlines with both Sheikh Holdings and Dbay Advisors on Monday, as the battle to take the care provider private continued.

IN BRIEF: Caretech says first-half trading in line with expectations

Caretech Holdings PLC - Hertfordshire, England-based residential care company - Says its trading in the six months ending March 31 have been broadly in-line with expectations despite the impact of Covid-19 and pressures on staffing. Adds Covid costs have been in part funded by UK government social care support through the Infection Control & Testing Fund and Workforce Recruitment & Retention Fund.