Lok N Store Share News (LOK)

Lok'n Store Sells Reading Site To Fund Bigger Store Next Door

Hutchison China MediPharma director takes stake in company

Edith Shih, a Non-Executive Director and Company Secretary of Hutchison China MediPharma, acquired 20,000 shares in the firm, which is the holding company of a healthcare group based primarily in China and focused on researching, developing, manufacturing and selling pharmaceuticals and health orien

DIRECTOR DEALINGS: Lok'n Store Executives Exercise And Sell Options

Lok'n Store Raises Dividend On Strong Full Year Results

Monday broker round-up UPDATE

Admiral Group: JP Morgan cuts target price from 1122p to 1022p maintaining an underweight rating. Balfour Beatty: Numis increases target price from 285p to 315p and stays with its add rating. Bankers Petroleum: Goldman Sachs takes target price from 365p to 379p and reiterates a buy recommendation.

Lok'n Store lifts revenue, hikes dividend

Self-storage firm Lok'n Store booked a slight increase in full year revenue and underlined its confidence in future trading with a 20 per cent increase in its dividend payment. Net asset value per share for the year ended July 31st increased 8.8% to £2.48 while revenue climbed 1.6% to £12.97m. Ad

Former Diageo CEO sells 3.9m-pound stake

Paul Walsh, the former Chief Executive Officer (CEO) of Diageo who now serves on the board as an advisor, sold nearly four million pounds of shares in the drinks giant on Thursday, just one day after the Guinness maker impressed the market with a solid increase in annual net sales. Walsh, who was

ITV CEO sells 2.3m shares post exercise

ITV's Chief Executive, Adam Crozier, has exercised options over 3.6m shares and subsequently sold 2.3m of them, it was announced Tuesday. Crozier, whose total holding now stands at just under 1.56m shares, disposed of the shares at 127.1p each, pocketing a total of £3.0m. One week ago ITV acquir

Lok'n'Store profit soars

Self-storage firm Lok'n'Store ramped up half year profit and underlined its confidence in future trading with an increased dividend payment. Pre-tax profit soared 64.2% to £0.77m in the six months to January 31st 2013 from the same time a year earlier while revenue increased to £6.55m from £6.41m a

Lok'n Store robust trading continues

Self-storage firm Lok'n'Store said trading for the first half of the financial year has been in line with expectations. The group said strong occupancy growth supported by VAT changes helped trading for the year to January 31st 2013, with revenue for the period up 2.2% on last year. "Our lead indi

Galliford Try CEO reduces stake in company after upbeat update

Greg Fitzgerald, the Chief Executive of Galliford Try, the FTSE 250 building group, has reduced his stake in the company by 300,000 shares just a week after announcing the group is now 'well positioned to deliver further profitable growth'. Fitzgerald, who has occupied the role of CEO since 2005,

Barclays Chairman boosts stake after results fail to impress

Sir David Walker, the newly-installed Chairman of Barclays, has swelled his stake in the company with the addition of 50,000 shares just one day after the company delivered a rise in adjusted third-quarter pre-tax profit. Walker added 50,000 shares at 230.19p each, taking his share in the company

Lok'n'Store ramps up divi

Storage barn operator Lok'n'Store has rebased its dividend and for once, the term refers to a substantial increase in pay-outs, not a poorly-disguised dividend cut. "The board has decided to significantly increase the dividend to 5p for the full year, and it is intended that the company's future di

Wednesday broker round-up

AB Foods: UBS raises target from 1,330p to 1,400p, buy rating unchanged. AVEVA: Jefferies ups target from 1,800p to 2,300p, buy recommendation maintained. Balfour Beatty: Investec maintains sell rating and 210p target. CLS Holdings: Peel Hunt ups target from 639p to 720p, hold rating kept. CRH:

Small caps round-up: Pure Wafer, Lombard, Oxford Catalysts...

Pure Wafer, which provides silicon wafer reclaim services for semiconductor manufacturers globally, has said its results for the year ended June 30th are set to exceed current market expectations with an expected reduced loss before tax resulting from an increase in earnings before interest, tax, de