Elektron Technology Share News (EKT)

UK WINNERS & LOSERS: Shire Leads FTSE 100 Risers

Elektron Technology Decides To Raise Own Money, Ends Sale Process

UK MORNING BRIEFING: TSB Banking Shares Rise 11% From IPO Price

Microgen Won't Go Hostile After Elektron Rejects Takeover Bid

LONDON (Alliance News) - Microgen PLC Tuesday said that is does not intend to make an offer for Elektron Technology PLC, after its latest advances were rebuffed by the technology group. In a statement, AIM-listed Microgen said it detailed on Wednesday last week a potential offer for Elektro

UK MORNING BRIEFING: Whitbread Leads FTSE 100 On Strong Quarter

LONDON (Alliance News) - UK shares have opened higher Tuesday, encouraged by a positive close on Wall Street on Monday and ahead of UK inflation data.

Whitbread leads FTSE 100 gainers, as it said its Premier Inn hotels and Costa Coffee shops continued their strong s

Microgen Still Considering Elektron Offer

LONDON (Alliance News) - Microgen PLC Tuesday said it is still considering a number of options, including a takeover offer, for Elektron Technology PLC. In a statement, Microgen said it is also considering the option of providing substantial refinancing to establish a firm foundation from w

Microgen Open To Full Or Partial Acquisition Of Elektron Technology

LONDON (Alliance News) - Microgen PLC Tuesday said it remains interested in making an offer for Elektron Technology PLC in whole or in part, even though previous proposals to invest in the business have been rejected. Under takeover rules, Microgen must make clear whether or not it wants to

Elektron Technology Says It is Still In Talks Over Possible Sale

LONDON (Alliance News) - Elektron Technology PLC Tuesday said it remains in discussions over its possible sale and traded in line with expectations during its first quarter. The news comes after the electrical-components company announced in April that it was considering a possible sale of

Elektron Technology in talks with lender after tough year

Elektron Technology has launched talks with a lender about changing its funding arrangements after a "disappointing" year, hitting its shares. The group, which makes food safety monitoring systems, power and data connectors and other hi-tech equipment for industry, said it was in discussions about

Elektron Technology back into the black in second half

Electronic components group Elektron revealed encouraging results of self-help measures earlier in the year, breaking back into the black. The AIM-listed group said it had returned to an operating profit before non-recurring or special items for the third financial quarter compared to the first-ha

Elektron Technology works to simplify activities

Elektron Technology has announced its exit from manufacturing in China and its Sifam businesses as it attempts to simplify its operations. The AIM-listed company said the move is part of the rationalisation of its portfolio, focusing investment in its core brands and key segments of Connectivity an

Production delays, after factory moves, push Elektron to loss

AIM-listed Elektron Technology swung to a loss in the first half after two factory relocations caused production delays and one-off costs to fix the situation. More than £2m of sales orders that were due for delivery in the first half had to be deferred to the second half knocking operating profit

Elektron Swings Into Losses As It Relocates Production, Streamlines Business

Whitbread Managing Director trades in shares after vesting under scheme

Whitbread's Managing Director, Patrick Dempsey, has sold 12,341 shares in the company after 26,210 shares vested under an incentive scheme. The shares were sold for 2,616.05p each for a total of £322,847. The transaction was made in the same week Whitbread recorded a double digit increase in ann

Elektron Technology unveils wireless food safety monitoring device

Shares in AIM-listed technology group Elektron Technology rose slightly after the company announced it had launched a wireless food safety monitoring device. The company reported that the device, called 'Checkit', would enable restaurants and food outlets to monitor food temperature, storage statu