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FTSE 250 movers: Carphone Warehouse, Dixons surge as shareholders approve merger

Fri, 18th Jul 2014 14:32

Merger partners Carphone Warehouse and Dixons Retail were both gaining around 5% on Friday afternoon after shareholders overwhelmingly voted in favour of the £3.7bn tie-up yesterday."I'm delighted that shareholders have unequivocally supported the creation of Dixons Carphone," said Sebastien James, Chief Executive of Dixons and the designated boss of Dixons Carphone. "The integration team has made a flying start to getting the process underway and we are encouraged by the evidence - that we are discovering every day - of just how complementary our businesses, colleagues and cultures are," he said.Other retailers were mixed, with Poundland and Debenhams both rising and Ocado and AO World trading in the red.Leading the fallers was Russia- and Ukraine-focused trade exhibitions and conferences outfit ITE Group. ITE shares sank on geopolitical tensions after a Malaysia Airlines plan was shot down in eastern Ukraine, sparking concerns about how the ongoing crisis in the country will continue to affect business.FTSE 250 - RisersCarphone Warehouse Group (CPW) 319.20p +5.35%Dixons Retail (DXNS) 49.49p +4.87%Centamin (DI) (CEY) 72.25p +2.41%Berendsen (BRSN) 1,021.00p +1.79%Hochschild Mining (HOC) 161.30p +1.45%Man Group (EMG) 119.80p +1.44%Poundland Group (PLND) 318.20p +1.34%Howden Joinery Group (HWDN) 308.80p +1.18%Merlin Entertainments (MERL) 349.40p +1.16%Debenhams (DEB) 64.55p +1.10%FTSE 250 - FallersITE Group (ITE) 213.40p -5.53%Ferrexpo (FXPO) 132.50p -3.92%Ocado Group (OCDO) 378.10p -3.15%Genus (GNS) 1,053.00p -3.04%Renishaw (RSW) 1,529.00p -2.92%AL Noor Hospitals Group (ANH) 1,011.00p -2.69%AO World (AO.) 223.10p -2.58%Thomas Cook Group (TCG) 121.70p -2.41%IP Group (IPO) 190.10p -2.31%African Barrick Gold (ABG) 235.40p -2.28%BC
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20 Sep 2019 18:51

ITE Group To Change Name To Hyve Group With Effect September 24

(Alliance News) - Events organiser ITE Group PLC said Friday it has changed its name to Hyve Group PLC, reflecting the changing of its business following its Transformation & Growth Programme,

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3 Sep 2019 12:59

Tuesday broker round-up

(Sharecast News) - easyJet: Kepler Cheuvreux downgrades to reduce with a target price of 820p.

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11 Jul 2019 18:02

DIRECTOR DEALINGS: ITE Group Chair Buys GBP87,840 In Shares

(Alliance News) - ITE Group PLC said Thursday that Chair Richard Last purchased around GBP87,840 in shares in a deal on Wednesday.Last bought 120,000 shares at a price of 73.20 pence per It

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26 Jun 2019 16:06

UK Earnings, Trading Statements Calendar - Next 7 Days

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10 Jun 2019 15:29

DIRECTOR DEALINGS: ITE Non-Executive Director And Wife Buy Shares

LONDON (Alliance News) - ITE Group PLC said Monday that Non-Executive Director Nicolas Backhouse and his wife Audrey purchased around GBP38,500 in shares on Friday last week.The Backhouses

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16 May 2019 18:07

DIRECTOR DEALINGS: ITE Chair Richard Last Buys 50,000 Shares

LONDON (Alliance News) - ITE Group PLC said Chair Richard Last had acquired shares worth GBP37,500 in the exhibitions and events firm in a transaction on Thursday.Last - chair since 2018 -

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14 May 2019 12:58

ITE Group's strong growth powered by turnaround programme

(Sharecast News) - ITE Group on Tuesday reported strong interim profit and revenue growth as its turnaround programme and acquisitions spurred improvements.

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14 May 2019 11:15

ITE Interim Profit Rises Sharply As Transformation Programme Delivers

LONDON (Alliance News) - ITE Group PLC said Tuesday its trading in the first half of its financial year was "strong" as the company continued to see the benefits from its transformation

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7 May 2019 16:05

UK Earnings, Trading Statements Calendar - Next 7 Days

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29 Apr 2019 13:32

ITE Group Appoints Nicholas Backhouse As Non-Executive Director

LONDON (Alliance News) - Exhibitions and conferences organiser ITE Group PLC on Monday said it has appointed Nicholas Backhouse as non-executive director, effective from Wednesday.Backhouse

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3 Apr 2019 13:41

Wednesday broker round-up

(Sharecast News) - Anglo Pacific Group: Berenberg initiates at buy with a target price of 226p.

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3 Apr 2019 10:10

ITE Group Set For Interim Revenue Growth, Confident For Full Year

LONDON (Alliance News) - ITE Group PLC said on Wednesday its performance for the first half of its financial year was in-line with management expectations, fostering confidence in its full-year to

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27 Mar 2019 16:08

UK Earnings, Trading Statements Calendar - Next 7 Days

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12 Mar 2019 18:11

Bestinver Gestion Now Holds 5.0% Interest In ITE Group (ALLISS)

LONDON (Alliance News) - ITE Group PLC said on Tuesday that Bestinver Gestion SA SGIIC now holds a 5.0% stake in the company, following a transaction on Friday last week.The Spanish asset

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24 Jan 2019 13:19

UPDATE: Large Minority Of ITE Group Shareholders Revolt At AGM

LONDON (Alliance News) - ITE Group PLC said a significant number of shareholders at its annual general meeting on Thursday opposed its remuneration policy and share plan changes, as well as a were

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