Investec Share News (INVP)

UK "seen as less accommodating" for big business, despite Dechra deal

(Alliance News) - Analysts were divided over what the latest takeover deal for a London mid-cap means for the wider financial market in the UK.

LONDON BROKER RATINGS: Numis cuts 3i Group; HSBC likes JD Wetherspoon

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

IN BRIEF: accesso Technology agrees new USD40 million banking facility

accesso Technology Group PLC - Berkshire, England-based provider of software for leisure, entertainment and cultural sectors - Agrees new USD40 million revolving credit facility with HSBC Holdings PLC on a four-year term ending May 2027, accompanied by a USD20 million accordion option. Newly agreed facility replaces accesso Technology's previous undrawn GBP18 million arrangement with Investec PLC and Ltd from March 2021, which was due to expire in March 2024. This facility has now been cancelled. Says HSBC facility is accompanied by a USD20 million accordion option, which it may utilise as it "pursues its strategic plan into the mid-term". Says Numis Corp PLC acted as its debt advisor to the transaction.

IN BRIEF: Investec says Chief Strategy Officer Marc Kahn sells shares

Investec PLC - Sandton, Johannesburg-based financial services firm - Says Chief Strategy Officer Marc Kahn sells 74,322 shares for GBP4.4264 each, worth GBP328,978.

Investec reports strong year despite challenging backdrop

(Sharecast News) - Investec released its final results on Thursday, reporting that despite a challenging macroeconomic backdrop, it achieved a strong financial performance.

TOP NEWS: Investec annual profit up despite low funds under management

(Alliance News) - Investec PLC and Ltd on Thursday reported a "strong" financial performance, though funds under management buckled under a challenging macroeconomic backdrop.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Rathbones quarterly assets up slightly to GBP61 billion

Rathbones Group PLC - London-based investment and wealth management firm - Says funds under management and administration at the end of the first quarter of 2023 amounted to GBP60.9 billion, up 1.2% from GBP60.2 billion at the end of 2022. Underlying net operating income for the quarter fell by 2.2% to GBP117.8 million from GBP120.5 million.

TOP NEWS: Melrose Industries completes GKN demerger plans

(Alliance News) - Melrose Industries PLC on Thursday said it has completed the demerger of the GKN Automotive, GKN Powder Metallurgy and GKN Hydrogen businesses from the company into Dowlais Group PLC.

FTSE 100 falls as oil stocks drag, pound rises

OKYO Pharma slumps on LSE delisting plans

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Shares rise, but risks of inflation flare-up pick up

Stocks rise, led by miners, oil producers

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Shares rise, but risks of inflation flare-up pick up

Stocks rise, led by miners, oil producers

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LONDON MARKET MIDDAY: FTSE 100 up; eurozone PPI cools in February

(Alliance News) - Stock prices in Europe were in the green on Tuesday around midday, after news that annual eurozone factory gate inflation cooled in February.

Rathbones snaps up Investec's UK wealth arm in all-share deal

Deal gives Investec unit an equity value of 839 mln stg

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LONDON MARKET OPEN: Shares firm amid "hawkish hold" in Australia

(Alliance News) - London share prices opened mostly higher on Monday, as investors came to terms with the Opec+ oil production cut and after Australia's central bank paused its interest rate hikes.