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Pin to quick picks3i Group Share News (III)

Share Price Information for 3i Group (III)

London Stock Exchange
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Share Price: 2,891.00
Bid: 2,879.00
Ask: 2,881.00
Change: 49.00 (1.72%)
Spread: 2.00 (0.069%)
Open: 2,853.00
High: 2,891.00
Low: 2,846.00
Prev. Close: 2,842.00
III Live PriceLast checked at -
3i Group is an Investment Trust

To provide its shareholders with quoted access to private equity and infrastructure returns, its main focus is on making quoted and unquoted equity and/ or debt investments in businesses and funds in Europe, Asia and the Americas.

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3i Infrastructure pleased with total NAV return, appoints new chairman

Fri, 06th Nov 2015 09:02

(ShareCast News) - Investment group 3i Infrastructure said its total return on asset value in the first half was broadly in line with expectations.In the six months to 30 September, the group achieved a 6.5% total return on net asset value, which it described as a "good result" compared with its targeted returns of 8% to 10% per year in the medium term.3i said the European portfolio continued to perform well both financially and operationally, adding the portfolio value increase in the period was driven mainly by the positive impact of regulatory developments on the value of the company's holding in electricity distribution company Elenia, which offset a sluggish performance from the India Fund.The FTSE 250 group, which invested £187m in the first six months of the year in European mid-market economic infrastructure and "low-risk" energy sectors, said portfolio income in the first half was in line with expectations at £27.1m.The investment group said it expects the income generated by the portfolio to increase in the second half, adding it will pay a 3.62p interim dividend and is on track to pay out 7.25p for the full year."We continue to develop the company's investment pipeline and we are assessing a broad range of early-stage opportunities," said group managing partners Ben Loomes and Phil White."In these highly competitive markets, we will remain disciplined in the assessment and pricing of these opportunities."Meanwhile, the group has announced Richard Laing will replace outgoing chairman Peter Sedgwick.Laing, the former chief executive of private equity and infrastructure investors CDC Group, is currently the non-executive director of JP Morgan Emerging Markets Investment Trust and will step in his new role on 1 January."I am excited by the opportunity to build on the strong foundations 3i Infrastructure has laid to date and to support the company in taking advantage of future opportunities," he said.3i shares were up 1.15% to 176.30p at 0930 GMT on Friday.
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31 May 2023 07:58

LONDON BRIEFING: Prudential CFO leaves over code of conduct breach

(Alliance News) - Stocks in London were called to open down on Wednesday, as the US government edges closer to its debt ceiling deadline and after some weak manufacturing data in China.

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12 May 2023 15:09

DIRECTOR DEALINGS: JD Wetherspoon CEO sells shares for GBP140,423

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately reported by Alliance News:

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11 May 2023 09:20

TOP NEWS: 3i Group hails double-digit jump in annual net asset value

(Alliance News) - 3i Group PLC on Thursday lifted its annual dividend and reported a net asset value hike.

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11 May 2023 08:08

3i Group performs well thanks to value and infrastructure assets

(Sharecast News) - Investment company 3i Group reported a total return of £4.59bn in its full-year results on Thursday, representing a 36% increase on opening shareholders' funds compared to the prior year's figure of £4.01bn, which itself saw a higher growth rate of 44%.

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5 May 2023 10:06

LONDON BROKER RATINGS: Redburn cuts Flutter; Stifel likes IMI

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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4 May 2023 16:11

UK earnings, trading statements calendar - next 7 days

Friday 5 May 
Eqtec PLCFull Year Results
InterContinental Hotels Group PLCTrading Statement
International Consolidated Airlines Group SAQ1 Results
Monday 8 May 
no events scheduled 
Tuesday 9 May 
Kosmos Energy LtdQ1 Results
Tialis Essential IT PLCFull Year Results
Treatt PLCHalf Year Results
Wednesday 10 May 
Anexo Group PLCFull Year Results
Asos PLCHalf Year Results
Compass Group PLCHalf Year Results
Directa Plus PLCFull Year Results
Georgia Capital PLCQ1 Results
MaxCyte IncQ1 Results
Spirax-Sarco Engineering PLCTrading Statement
Valeura Energy IncQ1 Results
Vertu Motors PLCFull Year Results
Thursday 11 May 
3i Group PLCFull Year Results
Airtel Africa PLCFull Year Results
Eurocell PLCTrading Statement
Grainger PLCHalf Year Results
ITV PLCTrading Statement
TBC Bank Group PLCQ1 Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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23 Mar 2023 12:23

LONDON MARKET MIDDAY: Bank of England lifts rates by 25 basis points

(Alliance News) - Stock prices in London were largely lower at midday on Thursday, raised UK interest rates by 25 basis points on Thursday, as widely expected, and indicated that further tightening in monetary policy may be required.

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23 Mar 2023 09:27

3i portfolio firm Action posts sales growth in first 11 weeks of 2023

(Alliance News) - 3i Group PLC on Thursday said in an update its portfolio company Action has seen a strong start to 2023.

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23 Mar 2023 07:56

LONDON BRIEFING: Stocks called down ahead of UK interest rate decision

(Alliance News) - Stocks in London were set to open lower on Thursday as market attention turned to the Bank of England's interest rate decision, due at midday, a day after the US Federal Reserve lifted US rates by 25 basis points.

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9 Mar 2023 12:55

ICG, 3i battling to take control of Direct Ferries - report

(Sharecast News) - Intermediate Capital Group and 3i are reportedly battling to take over online aggregator Direct Ferries which sells ferry tickets for operators including P&O and Stena Line.

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6 Feb 2023 22:15

IN BRIEF: 3i Group Chair Hutchison buys GBP230,000 in shares

3i Group PLC - London-based private equity and venture capital company - Says that Non-Executive Chair David Hutchison bought 14,075 shares at a price of GBP16.345 per share on Monday. The transaction was worth GBP230,055 in total. Hutchison's stake following the purchase was not stated.

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27 Jan 2023 09:29

LONDON BROKER RATINGS: JPMorgan raises 888; Peel Hunt cuts Antofagasta

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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26 Jan 2023 17:23

London stocks gain on financials boost, 3i Group jumps

3i Group tops FTSE 100 on quarterly update

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26 Jan 2023 17:08

LONDON MARKET CLOSE: Stocks up as US data boosts soft landing hopes

(Alliance News) - Stocks in London were higher at the close on Thursday following the release of improved economic data out of the US which suggested the world's largest economy may avoid an imminent recession.

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26 Jan 2023 16:58

London close: Modest gains for stocks after Q4 US GDP data

(Sharecast News) - London stocks were modestly higher on Thursday amid well-received updates from the likes of 3i or Intermediate Capital Group.

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