Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLegal & General Share News (LGEN)

Share Price Information for Legal & General (LGEN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 235.30
Bid: 232.80
Ask: 249.50
Change: 0.00 (0.00%)
Spread: 16.70 (7.174%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 235.30
LGEN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE: Fulcrum Eyes Bigger Slice Of Connections Market

Fri, 09th Jul 2010 14:11

(Adds detail.) By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Fulcrum Utility Services Ltd. (FCRM.LN) Friday said it intends to use GBP11 million raised in its recent admission to London's junior Alternative Investment Market to boost its share of the market for connecting businesses and homes to the U.K. gas supply. Fulcrum was admitted to AIM Thursday following a reverse takeover of Marwyn Capital I Ltd. (MCIL.LN), a fund run by investor Marwyn Investment Management, which bought Fulcrum from National Grid PLC (NG.LN) for a nominal sum. Fulcrum Chief Executive John Spellman told Dow Jones Newswires the company intends to invest in new IT and improve its customer service to win a greater share of the market for connecting gas supplies "the last mile" to business premises and people's homes. According to energy industry regulator Ofgem, there were 208,963 new or modified gas connections in 2009. Fulcrum undertakes about 4,800 connections a year and Spellman said it intends to increase that number. He didn't wish to be more specific on targets for reasons of commercial sensitivity. Fulcrum's rivals include National Grid and Independent Pipelines Ltd. Spellman said Fulcrum's advantage is its expertise and experience in designing the complex connections required to hook up premises to the supply. Marwyn Investment Management bought loss-making Fulcrum for GBP10 from National Grid in June. It said its aim is to turn the company around and re-establish it as a market leader in gas connections and transporting gas. Shareholders in the enlarged group include insurer Legal & General Group PLC (LGEN.LN), utilities and energy investor Ecofin Water and Power and fund managers Artemis and F&C. -By Jason Douglas, Dow Jones Newswires; 44-20-7842-9272; jason.douglas@dowjones.com (END) Dow Jones Newswires July 09, 2010 09:11 ET (13:11 GMT)
More News
30 Jan 2023 08:57

LONDON MARKET OPEN: 888 boss leaves, Middle East activities suspended

(Alliance News) - Stock prices in London opened lower on Monday morning, amid market caution at the start of an important week for interest rate decisions by the world's top central banks.

Read more
30 Jan 2023 08:28

TOP NEWS: Legal & General Wilson to retire as CEO after over 10 years

(Alliance News) - Legal & General Group PLC on Monday said Chief Executive Nigel Wilson plans to step down, after more than a decade in post.

Read more
30 Jan 2023 08:06

L&G chief executive Nigel Wilson to retire

(Sharecast News) - Legal & General said on Monday that Sir Nigel Wilson is planning to retire after more than a decade as chief executive.

Read more
30 Jan 2023 07:55

LONDON BRIEFING: Unilever hires dairyman as CEO; Wilson to depart L&G

(Alliance News) - Stocks in London are set to open lower on Monday, as investors look ahead to three key interest-rate decisions this week.

Read more
24 Jan 2023 11:45

JPMorgan-backed Smart Pension to raise more than 100 mln stg in equity -sources

LONDON, Jan 24 (Reuters) - Smart Pension, a British pension services provider backed by JPMorgan and Legal & General, is in discussions with investors to raise more than 100 million pounds ($123.13 million) worth of equity capital, two sources close to the matter told Reuters.

Read more
23 Jan 2023 10:37

Glass Lewis recommends vote against Capricorn board, NewMed merger

Big question mark over Capricorn's planned merger with NewMed

*

Read more
23 Jan 2023 09:20

Legal & General Chair John Kingman to become chair of Barclays Bank UK

(Alliance News) - Barclays PLC and Legal & General Group PLC on Monday said L&G Chair John Kingman will join the board of Barclays as a non-executive director on June 1 and will become the next chair of Barclays Bank UK PLC.

Read more
16 Jan 2023 15:48

L&G plans to vote against Capricorn leadership and NewMed merger

LONDON, Jan 16 (Reuters) - Asset manager Legal & General plans to take the rare step of voting to oust energy group Capricorn's senior leadership and halt its planned merger with NewMed, according to a company document seen by Reuters.

Read more
10 Jan 2023 10:11

LONDON BROKER RATINGS: Jefferies likes Inchcape; HSBC cuts Clarkson

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
6 Dec 2022 10:26

LONDON BROKER RATINGS: JPMorgan cuts Lloyds but raises Barclays

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

Read more
23 Nov 2022 13:32

Investors back call for UK firms to support low-paid workers

Aviva Investors, LGIM among those to join campaign

*

Read more
21 Nov 2022 10:09

LONDON BROKER RATINGS: Panmure and Goldman Sachs cut boohoo from 'buy'

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

Read more
18 Nov 2022 16:58

LONDON MARKET CLOSE: FTSE 100 gains capped by falling oil prices

(Alliance News) - Stock prices in London closed higher on Friday, but falling prices hit oil majors, keeping a lid on the FTSE 100's progress.

Read more
18 Nov 2022 12:18

LONDON MARKET MIDDAY: Stocks pick up and pound firms against dollar

(Alliance News) - Stocks in London were higher by midday on Friday, managing to shake off a gloomy economic backdrop, while the pound got a boost from market acceptance of Thursday's UK government budget.

Read more
18 Nov 2022 09:09

LONDON MARKET OPEN: FTSE 100 looks to end week on high note

(Alliance News) - Stock prices in London opened mixed on Friday, amid economic gloom in the UK, despite new data showing slight improvements in retail sales and consumer confidence.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.