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Pin to quick picksHss Hire Share News (HSS)

Share Price Information for Hss Hire (HSS)

London Stock Exchange
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Share Price: 9.50
Bid: 9.50
Ask: 9.78
Change: -0.30 (-3.06%)
Spread: 0.28 (2.947%)
Open: 9.80
High: 9.90
Low: 9.50
Prev. Close: 9.80
HSS Live PriceLast checked at -

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HSS Hire announces £13m share placing

Thu, 22nd Dec 2016 09:28

(ShareCast News) - HSS Hire has conditionally placed just over 15.4m shares at 83.875p with certain existing institutional investors to raise about £13m before expenses to strengthen its balance sheet.The tool and equipment hire group - which warned back in November that 2016 earnings would be above the prior year but below the range of market expectations - said the outlook for the financial year ending 31 December is unchanged from that set out in the nine-month trading update.HSS said the scale and complexity of the transformation programme it is currently in the process of carrying out , together with the ongoing investment to support revenue growth, has led the board to conclude that an equity injection would strengthen the balance sheet and provide additional flexibility to fund fleet investment."Having assessed various equity funding options, the board concluded that the placing would be the most efficient method in terms of cost, time and management resource." Numis Securities is acting as sole broker in connection with the placing.At 0940 GMT, HSS shares were up 0.4% to 84.36p.
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6 Feb 2015 14:34

CORRECTED-UPDATE 2- UK hire group HSS shares fall on debut after low-end pricing

(removes reference in paragraph 4 to first London main market listing of year) By Andrew Winterbottom LONDON, Feb 4 (Reuters) - Shares in British tool hire firm HSS Hire Group Plc fell on their stock market debut on Wednesday, after being priced at the bottom end of their previously s

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4 Feb 2015 08:08

UK tool firm HSS Hire falls in London stock market debut

LONDON, Feb 4 (Reuters) - British tool firm HSS Hire opened 1.4 percent lower in its debut on the London Stock Exchange on Wednesday, after pricing the listing at the bottom of its expected price range of 210-262 pence per share. The official price had valued the company at 325 million pou

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4 Feb 2015 07:23

HSS Hire Group prices IPO at bottom of range

LONDON, Feb 4 (Reuters) - British tool and equipment-hire company HSS Hire Group said on Wednesday it had priced its listing on the London Stock Exchange at the bottom end of its price range, giving it a market capitalisation of 325 million pounds ($492 million). The offer price has been se

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27 Sep 2011 10:52

Highams' name knackered by Nakama new co.

The recruitment firm Highams Systems is on the verge of buying out Nakama a technology recruitment business operating from offices in London, Melbourne, Sydney and Hong Kong. Nakama specialises in recruitment for the digital technology and interactive media industry which Higham argues will broaden

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8 Apr 2011 08:35

Higham Systems (HSS) for Alex

Recruiter Highams Systems has today announced that it expects to meet market expectations regarding its results for the full year ended on the past 31 March. Its EBITDA is expected to improve and, more significantly even, it anticipates an encouraging increase in revenues. Truth be told, in the pa

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4 Nov 2010 13:57

Small cap round-up: Highams, Creat Resources...

Recruiter Highams Systems is taking on staff of its own to meet demand after revenues rose 17% to £4.41m (2009: £3.77m) in the six months to September. Gross profit climbed 35% to £770,000 (2009: £572,000) with profit before tax up 208% to £123,000. "We continue to see an improvement in demand fo

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7 Sep 2010 13:48

Small caps round-up: Charlemagne, Highams, Hydro...

Hedge fund manager Charlemagne's assets under management rise have picked up in the past two months to stand at $3.04bn at end August. The modest recovery follows a fall in the first half to $2.8bn, blamed on declining markets. Operating profits were $1.2m, down from $1.3m, with one-off performanc

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2 Aug 2010 08:12

Highams Systems FY Pretax Profit GBP131,000 Vs Loss GBP370,000

LONDON (Dow Jones)--Highams Systems Services Group PLC (HSS.LN), a recruitment consultancy and niche provider of technology, business and professional services said Monday it made pretax profit of GBP131,000 for the year ended March 31, compared with loss of GBP370,000, and said its objective for th

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12 Nov 2009 17:00

London close: Footsie retreats after new high

Footsie hit a new intra-day high for the year in mid-afternoon, but buyer interest tailed off near the close as US markets retreated on a mild resurgence by the dollar. British Airways was the top performer after the airline confirmed it is holding meetings with Spanish airline Iberia to discuss th

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12 Nov 2009 14:32

Small caps round-up: Syntopix, Atlantic Coal, Brady...

Drug developer Syntopix shares rallied as it reported positive phase 2 results for its lead dermatological compound SYN0126, for the treatment of acneic skin. Following the results, Syntopix has decided to focus its development efforts around three specific core compounds: SYN0126, SYN1113 and SYN

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28 Jul 2009 12:03

Small caps round-up: Horizonte Minerals,Biocompatibles, Highams...

Shares in Horizonte Minerals, which mines for gold in Brazil and Peru, jumped after it gave a positive update on its Tangara gold project in Brazil. Drug-device combination products developer Biocompatibles has received a milestone payment after Eisai exercised its option to license Biocompatibles'

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