FIF.L Share News (FIF)

TRADING UPDATES: Petra Diamonds chair to retire

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

IN BRIEF: Logistics Development notes Finsbury court scheme approval

Logistics Development Group PLC - investment firm - Notes that the scheme by which the bid for Finsbury Food Group PLC by DBAY Advisors Ltd will be facilitated has been approved by Finsbury shareholders. The court hearing to sanction the scheme is expected to take place on November 14 and the scheme is expected to become effective on November 16.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Finsbury Food delays meetings after speaking to shareholders

Finsbury Food Group PLC - Cardiff-based baked goods manufacturer - Intends to adjourn court meeting and general meeting scheduled for October 23. Notes the court meeting was to approve the scheme by which the bid for the company from DBAY Advisors Ltd. Explains the decision follows feedback received from Finsbury shareholders in connection with the scheme. Expects court meeting and general meeting to now take place on November 3. Reaffirms recommendation of the bid terms.

UK shareholder meetings calendar - next 7 days

PRESS: Fidelity to oppose Finsbury Food Group offer terms, Sky

(Alliance News) - One of the City's most influential investors is resisting a recommended takeover of Finsbury Food Group PLC, according to Sky News.

IN BRIEF: Logistics Development ups stake in Finsbury Food

Logistics Development Group PLC - investment firm - Says it has bought an additional 4.4 million shares in Finsbury Food Group PLC at GBP1.098 per share, for a total of GBP4.8 million. Says it is now interested in 12.4% of the Cardiff-based baked goods manufacturer. Notes that it is acting in concert with DBAY Advisors Ltd, due to DBAY's recommended cash offer for Finsbury by DBAY. Says this is because LDG's shares in Finsbury are deemed to be part of the Finsbury shares held by funds managed by DBAY, due to LDG's discretionary investment management agreement with DBAY.

Finsbury Food grows profit and revenue as DBAY takeover gathers steam

(Alliance News) - Finsbury Food Group PLC on Tuesday said revenue and profit both increased in its latest fiscal year, as preparations for its GBP143 million acquisition by DBAY Advisors Ltd continued.

LONDON MARKET MIDDAY: Housebuilders surge as UK inflation abates

(Alliance News) - The FTSE 100 was boosted by retailers and housebuilders midday Wednesday, as investors celebrated UK inflation easing to an 18-month low in a development that takes some pressure off the Bank of England.

AIM WINNERS & LOSERS: Finsbury Food accepts private equity buyout

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

Finsbury Food shares jump 20% as accepts GBP143 million takeover offer

(Alliance News) - Finsbury Food Group PLC on Wednesday said it has accepted a private equity buyout offer worth GBP143.4 million.

Finsbury Food shares surge on sale to DBAY

(Sharecast News) - Shares in Finsbury Food Group surged by a fifth on Wednesday after agreeing to a £143.4m takeover by asset management firm DBAY.

UK earnings, trading statements calendar - next 7 days

Finsbury Food reports 16% annual revenue increase amid inflation

(Alliance News) - Finsbury Food Group PLC on Wednesday reported a 16% rise in annual revenue, which it said was in line with market expectations, as the baker navigated "significant cost inflation".

UK shareholder meetings calendar - next 7 days