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Pin to quick picksH&t Group Plc Share News (HAT)

Share Price Information for H&t Group Plc (HAT)

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Share Price: 395.00
Bid: 390.00
Ask: 395.00
Change: 5.00 (1.28%)
Spread: 5.00 (1.282%)
Open: 395.00
High: 399.00
Low: 392.00
Prev. Close: 390.00
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TRADING UPDATES: H&T plans raise; Joules turnaround continues

Thu, 29th Sep 2022 22:08

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

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Dolphin Capital Investors Ltd - British Virgin Islands-based investor in high-end resort developments in the eastern Mediterranean - Sells entire interest in the One&Only at Kea Island project, netting EUR17.9 million. Owns 67% of Single Purpose Vehicle Ten Ltd which, in turn, indirectly owns 50% of One&Only, giving it effective equity interest of 33%.

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H&T Group PLC - Surrey, England-based pawnbroker - Plans to raise GBP16.9 million from issue to institutional investors at 425 pence each. Says proceeds of issue will go towards growing its pledge book, given strong demand, and to fund the expansion of the store estate through the opening of up to a further 20 new stores in 2023. Notes pledge book ended August at GBP89.6 million, rising from GBP50.2 million at June 30.

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Joules Group PLC - Leicestershire, England-based country lifestyle retailer - Notes it is making "good progress" in developing its turnaround plan, which is focuses on "driving higher profitability". "The company continues to make good progress on its simplification agenda and cost management process. Interpath Advisory is assisting the board with an initial assessment of certain elements as part of the development of this turnaround plan," it adds. Continues to assess its ongoing financing requirements, including a possible equity raise.

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Allergy Therapeutics PLC - Sussex-based biotechnology firm focused on allergy vaccines - In financial year ended June 30, sinks to pretax loss of GBP12.7 million versus GBP3.7 million profit the year prior. Revenue drops to GBP72.8 million from GBP84.3 million. Research & development costs grows to GBP15.7 million from GBP12.9 million. Notes a "strategic streamlining" of older products to focus on high value growth products. Chief Executive Manuel Llobet adds: "While market conditions remain challenging for many companies, our leading core European commercial business has been resilient."

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Gulf Marine Services PLC - United Arab Emirates-based lift boat company - Signs improved contract, with a total duration of 72 months, for both an E-Class and K-Class vessel with an unnamed national oil company in MENA. The contract will come into effect in October 2022. Second contract win of the week, following new contract for an E Class vessel with an unnamed client in the Middle East and North Africa region.

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Thungela Resources Ltd - South Africa-based thermal coal exporter - Responds to an article from Bloomberg titled 'Top Coal Miners Consider Bids for South African Renewables Firm' which suggest Thungela is considering a bid for Actis LLP's BTE Renewables. Calls the article "factually incorrect". Confirms that it is not considering the acquisition of "any" renewables business". "We are not focused on diversification into the renewable energy sector," it says. Says current plans are limited to the installation of a 137-kilowatt solar plant at the eMalaheni water reclamation plant in South Africa and studies for a 4-megawatt solar photovoltaic plant at its Zibulo colliery.

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By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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23 Jan 2019 10:04

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LONDON (Alliance News) - H&T Group PLC on Wednesday expressed confidence for the year ahead following strong growth in 2018 across all of its trading segments.H&T is a pawn broker a

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H&T's online investment pays back

(Sharecast News) - H&T Group shares climbed on Wednesday after the pawnbroker reported that full-year results will meet market expectations as online developments contributed to a "strong" fourth quarter.

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WINNERS & LOSERS SUMMARY: Antofagasta Slides As Half-Year Profit Drops

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14 Aug 2018 09:55

H&T Interim Profit And Revenue Lifted By Pawnbroking, Personal Loans

LONDON (Alliance News) - Pawnbroker and loan provider H&T Group PLC said on Tuesday it saw a rise in profit through growth in revenue, particularly in its Personal Loan book in the first half

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14 Aug 2018 08:23

'Disciplined' H&T scores growth across the board

(Sharecast News) - Pawnbrokers H&T Group on Tuesday reported growth in all of its key revenue streams as pre-tax profits climbed 11%.

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29 May 2018 12:44

BlackRock Reduces Interest In H&T Group To Below Notifiable Threshold (ALLISS)

LONDON (Alliance News) - H&T Group PLC on Tuesday said BlackRock Inc cut stake in the jewellery stores company in a transaction last Thursday.BlackRock reduced its holding to below of

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9 May 2018 13:51

H&T Group Hires Two New Non-Executive Directors As One Retires

LONDON (Alliance News) - H&T Group PLC on Wednesday announced the appointment of two non-executive directors as well as the retirement of an existing one.The pawnbroker has appointed as

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6 Mar 2018 16:09

UK Earnings, Trading Statements Calendar - Next 7 Days

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15 Jan 2017 17:13

Sunday share tips: Cobham, H&T

(ShareCast News) - Cobham has become something of a specialist in profit warnings, having issued four since 2015, but the shares are still worth 'holding', The Times´s Tempus said. During the previous week, the heavily-indebted Dorset-based maker of air-refuelling kit told investors it might have to

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10 Jan 2017 08:29

H&T signals better-than-expected results

(ShareCast News) - H&T Group posted a trading update for the financial year to 31 December on Tuesday, ahead of its preliminary results, which it expects to publish on 13 March. The board of the AIM-traded company said it anticipates full year profit before tax to be marginally ahead of current mark

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3 Nov 2016 11:41

H&T Group claims stellar performance ahead of year-end

(ShareCast News) - H&T Group posted a trading update for the financial year ending on 31 December on Thursday. The AIM-traded company said it expects full-year profit before tax to be above the top end of market expectations. It said the primary reason for the strong performance is the higher sterl

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19 Aug 2016 12:07

Friday broker round-up

(ShareCast News) - GKN: Goldman Sachs reiterates neutral with a target price of 311p. Admiral group: Canaccord maintains hold with a 2100p target. Standard Chartered: UBS reiterates sell with a 600p target. Intertek: Berenberg reiterates hold with a 3600p target. Kaz Minerals: Credit Suisse keeps

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16 Aug 2016 10:13

H&T Group reports rise in first half profits despite 'challenging trading conditions'

(ShareCast News) - Pawnbroker company H&T Group reported on Tuesday a 42.3% rise in first half pre-tax profit to £3.7m, supported by a strong operational performance and an increase in gold prices. Retail sales climbed 1.5% to £13.6m and gross profits were flat at £4.8m in the six months to 30 June.

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16 Aug 2016 10:13

Numis cuts rating on H&T Group to 'hold' from 'add'

(ShareCast News) - Numis cut its rating on H&T Group to 'hold' from 'add' and left its target price at 320p on Tuesday after the pawnbroker business reported its first half results. The company posted a 42.3% rise in first half pre-tax profit to £3.7m, supported by a strong operational performance a

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7 Jul 2016 13:39

H&T Group improves performance with larger loans

(ShareCast News) - Pawnbroking company H&T have had a good start to the trading year with the number of loans issued increasing by 10.8% to £45.2m, due to larger amounts offered at low interest rates. The group's pledge contracts, wherein customers can exchange some personal items for a loan, has in

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