K3 Business Technology Group Share News (KBT)
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Wed, 12th Aug 2020 12:49
K3 Business Technology Group PLC - Manchester-based business software and managed services - Interim Chair Jonathan Manley buys 27,260 shares at GBP1.10, worth GBP29,986, on Tuesday. Now has 47,940 shares.
Current stock price: 108.70 pence
Year-to-date change: down 25%
By Tom Waite; thomaslwaite@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
(Sharecast News) - Software company K3 Business Technology was at the top of the list of buys on Monday, after Kestrel Partners spent more than £40k on its shares.
Read moreK3 Business Technology Group PLC - Warwickshire, England-based software company focused on the fashion industry - Narrows pretax loss from continuing operations to GBP8.8 million in the year ended November 30. In the previous year, K3 reported a pretax loss of GBP20.9 million. Revenue rises 3.4% to GBP45.3 million from GBP43.8 million the prior year. In line with the previous year, K3 does not declare a dividend. Looking forward, company says its focus is on cash generation and recurring income.
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Read more(Sharecast News) - K3 Business Technology revealed on Wednesday that Kestrel Partners, of which non-executive director Oliver Scott holds a beneficial interest, had purchased 99,615 ordinary shares in the AIM-listed software solutions group.
Read moreIN BRIEF: K3 Business Technology takes GBP1.7 million from Sage sale
Read more(Sharecast News) - Software and cloud services provider K3 Business Technology announced the sale of the business and assets of its non-core Sage business to existing Sage reseller Pinnacle Computing Support for £1.68m cash on completion on Monday.
Read moreEXECUTIVE CHANGES: CentralNic hires from GoDaddy for newly-made role
Read more(Sharecast News) - K3 Business Technology reported first half results from continuing operations in line with its expectations on Monday, with revenue steady at £23.2m, compared to £23.1m a year earlier.
Read moreIN BRIEF: K3 Business Technology trades as expected despite wider loss
Read more(Sharecast News) - Page Group: Morgan Stanley downgrades to underweight with a target price of 545p.
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Read moreEXECUTIVE CHANGES: Studio Retail, K3 Business Tech appoint new CEOs
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