Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGateley Holdings Share News (GTLY)

Share Price Information for Gateley Holdings (GTLY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 141.00
Bid: 140.00
Ask: 142.00
Change: -2.00 (-1.39%)
Spread: 2.00 (1.429%)
Open: 142.50
High: 143.00
Low: 141.50
Prev. Close: 143.50
GTLY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Gateley Shares Rise In Early Dealings As It Lists On AIM Market (ALLIPO)

Mon, 08th Jun 2015 08:24

LONDON (Alliance News) - Gateley (Holdings) PLC saw its shares rise in early dealings Monday as the commercial law firm listed on London's AIM market.

Gateley, which was established in the 19th Century, and has over 380 fee earners across six offices in England and an office in Dubai, has listed after the law was changed in England and Wales to allow non-lawyers to own and invest in law firms.

It raised GBP30 million by placing 31.6 million shares at 95 pence each, giving it an initial market capitalisation of GBP100 million. However, its shares were trading at 99 pence Monday morning, having traded as high as 115 pence in initial dealings.

The company raised GBP5 million and its selling shareholders raised GBP25 million in the placing.

It thinks the listing will give it more opportunity to expand organically and through acquisitions, enhance its general visibility, give its staff a share participation scheme, and facilitate a more flexible career structure.

It reported adjusted pretax profit of GBP7.4 million in the year to end-April 2014, up from GBP5.1 million a year earlier, as revenue rose to GBP54.6 million, from GBP51.4 million. It reported an adjusted pretax profit of GBP2.6 million in the six months to end-October 2014, up from GBP1.0 million a year earlier, as revenue grew to GBP26.7 million from GBP23.1 million.

It intends to pay out up to 70% of adjusted pretax profit as a dividend each year.

By Steve McGrath; stevemcgrath@alliancenews.com; @stevemcgrath1

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
18 Feb 2020 13:45

Gateley Raises GBP11 Million In Oversubscribed Shares Placing

Gateley Raises GBP11 Million In Oversubscribed Shares Placing

Read more
14 Jan 2020 09:43

Gateley Bolsters Interim Payout Following Double-Digit Profit Growth

Gateley Bolsters Interim Payout Following Double-Digit Profit Growth

Read more
13 Dec 2019 11:20

Gateley Expands Human Capital Consultancy Services Via T-three Deal

Gateley Expands Human Capital Consultancy Services Via T-three Deal

Read more
13 Dec 2019 08:15

Gateley acquires T-three for ?3.4m

(Sharecast News) - Legal and professional services group Gateley said on Friday that it had acquired T-three Group for £3.4m on a debt-free, cash-free basis.

Read more
25 Nov 2019 10:23

Gateley On Track For Interim Revenue Growth On Higher Earner Numbers

Gateley On Track For Interim Revenue Growth On Higher Earner Numbers

Read more
25 Nov 2019 09:31

Gateley flags strong first half performance as it integrates acquisitions

(Sharecast News) - Legal and professional services group Gateley updated the market on its trading ahead of its half year results for the six months ended 31 October on Monday, saying it was "pleased" with its strong performance, with revenue expected to be no less than £51m, compared to £46.4m a year earlier.

Read more
17 Oct 2019 10:51

Gateley and partners enter five-year lock-in agreement

(Sharecast News) - Gateley on Thursday entered into a new five-year agreement with its partners that will place certain restrictions on the sale of ordinary shares in the company.

Read more
19 Sep 2019 13:19

Gateley Continues Positive Start To The Year; Headcount Reaches 1,000

(Alliance News) - Legal and professional services provider Gateley Holdings PLC on Thursday said that its promising beginning of the year has continued and the company now has over 1,000 the its

Read more
13 Sep 2019 12:06

Gateley Makes GBP1.2 Million Earn-Out Payment To Kiddy & Partners

(Alliance News) - Law firm Gateley Holdings PLC said Friday it has made an earn-out payment of GBP1.2 million in cash and shares to business psychologists Kiddy & Partners LLP.The was a

Read more
12 Sep 2019 16:19

UK Shareholder Meetings Calendar - Next 7 Days

Friday 13 SeptemberSVM UK EmergingPanthera ResourcesMonday 16 (re acquisition by AI Convoy 17

Read more
30 Jul 2019 10:24

Gateley Buys Land Referencing Consultancy Persona Associates

(Alliance News) - Legal and professional services provider Gateley Holdings PLC said Tuesday that it has acquired land referencing consultancy Persona Associates Ltd for GBP250,000.Gateley

Read more
17 Jul 2019 14:19

DIRECTOR DEALINGS: Gateley Non-Executive Chair Buys Buys More Shares

(Alliance News) - Legal services firm Gateley Holdings PLC on Wednesday said Non-Executive Chair Nigel Payne has bought shares worth GBP25,000.Payne bought 14,992 shares on Tuesday on the a

Read more
16 Jul 2019 11:41

Gateley Confident After Registering Strong Annual Profit Growth

(Alliance News) - Gateley Holdings PLC on Tuesday expressed a confident outlook after reporting revenue and profit growth in its most recently ended financial year.The professional services

Read more
10 Jul 2019 10:45

Gateley Holdings Promotes Waldie To Replace Ward As CEO In 2020

(Alliance News) - Gateley Holdings PLC announced on Wednesday that Michael Ward will leave his post as chief executive on April 30, 2020 and will be replaced by Rod Waldie.Waldie, who in is

Read more
23 May 2019 12:05

Gateley Expects To Report Double-Digit Earnings Growth In Full Year

LONDON (Alliance News) - Gateley Holdings PLC on Thursday said it is looking forward with confidence as its revenue and profit rose in the recently ended financial year.The legal advice in

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.