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K3 notes share price rise; trades strongly in second half to date

Mon, 09th May 2022 11:43

(Alliance News) - K3 Capital Group PLC on Monday said it is unaware of any reason for the rise in its share price, but referred to its positive outlook given alongside its interim results in February.

Shares in the Bolton, England-based professional advisory services firm were up 5.8% at 227.50 pence on Monday in London.

In early February, K3 noted that the outlook for the second half of its financial year ending August 31 was positive. Trading since the publishing of results has remained positive, with all three of K3's divisions showing strong levels of activity.

In addition, K3 noted that its recent acquisitions were performing in line with the company's plans, and was currently evaluating some bolt-on acquisitions.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
14 Feb 2023 13:57

Sun European Partners completes GBP270 million purchase of K3 Capital

(Alliance News) - K3 Capital Group PLC on Tuesday said that its acquisition by Shin Bidco Ltd via a scheme of arrangement has now become effective, following the delivery of a copy of the scheme court order.

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10 Feb 2023 12:44

IN BRIEF: K3 Capital says High Court sanctions buy from Sun European

K3 Capital Group PLC - Bolton, England-based professional advisory services firm, focused on mergers & acquisitions, tax and restructuring - Says the UK High Court has made an order sanctioning the scheme of arrangement by which the cash acquisition of K3 by Shin Bidco Ltd is being implemented.

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7 Feb 2023 21:14

TRADING UPDATES: Chrysalis invests in Starling; Agronomics notes deal

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

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12 Dec 2022 15:01

TRADING UPDATES: SigmaRoc eyes annual revenue to be ahead of guidance

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

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8 Dec 2022 21:21

TRADING UPDATES: Mears exceeds expectations; K3 confirms speculation

(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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11 Oct 2022 11:40

IN BRIEF: K3 Capital buys insolvency practitioner Chamberlain & Co

K3 Capital Group PLC - Bolton, England-based professional advisory services firm, focused on M&A, tax and restructuring - Buys Chamberlain & Co for an initial GBP3.3 million in cash with more deferred consideration of up to GBP1.1 million. Says the acquisition is expected to be immediately earnings-enhancing.

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27 Sep 2022 12:23

EARNINGS UPDATES: Cornerstone widens loss; Medica doubles profit

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

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23 Jun 2022 10:24

CORRECT: K3 Capital annual results to exceed market consensus

(Correcting the figure for projected revenue.)

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21 Jun 2022 11:45

AIM WINNERS & LOSERS: K3 Capital upbeat; Morses sinks after warning

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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21 Jun 2022 10:25

K3 Capital shares rise as annual results to exceed market consensus

(Alliance News) - K3 Capital Group PLC shares jumped on Tuesday, as the professional advisory services firm said its annual results are likely to exceed market expectations.

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9 May 2022 13:50

K3 Capital updates investors after share price fall

(Sharecast News) - Professional services provider K3 Capital updated the market on the recent decline in its share price on Monday, reporting that it was not aware of any reason for the fall.

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25 Apr 2022 14:42

IN BRIEF: K3 Capital hires ManpowerGroup exec as managing director

K3 Capital Group PLC - Bolton, England-based professional advisory services firm, focused on M&A, Tax and Restructuring - Hires Ian Symes to be managing director, a non-board position. Symes joins from US recruitment firm ManpowerGroup Inc, where he was global leader of the Right Management brand, a HR solutions business. Symes will support K3 Capital Chief Executive Officer John Rigby in leading operations.

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1 Mar 2022 19:22

IN BRIEF: K3 Capital to acquire JE Consulting for GBP4.6 million

K3 Capital Group PLC - Bolton, England-based professional advisory services firm - Will acquire Professional Insight Marketing Ltd, which trades as JE Consulting for up to GBP4.6 million in cash and shares.

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7 Feb 2022 12:50

IN BRIEF: K3 Capital reports jump in interim revenue and profit

IN BRIEF: K3 Capital reports jump in interim revenue and profit

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