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(Sharecast News) - Electronic connector manufacturer LPA Group has conditionally agreed to acquire a product line from Amphenol that it says will complement its existing range.
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LPA Group PLC - Essex-based LED lighting and electro-mechanical systems maker - Annual general meeting motion on power to allot new shares for cash is rejected by 65% of voters at annual general meeting. LPA says it has consulted with its largest shareholder, which owns around 24% of the company. The shareholder said it could not support LPA having the power to allot new shares without pre-emptive offers to existing shareholders.
Read more(Sharecast News) - LPA Group outlined progress on its strategy to target the aftercare market and expand its rail and aviation product ranges in an update on Thursday.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more(Sharecast News) - LED lighting, electronic and electro-mechanical system designer and manufacturer LPA Group announced a record orderbook of £34m on Wednesday, with the receipt of a £5.3m order for the supply of electro-mechanical products to the UK rail industry.
Read more(Alliance News) - LPA Group PLC on Wednesday said that it remains on track to deliver on its targets for its current financial year, following a contract win in the UK rail industry.
Read more(Alliance News) - LPA Group on Friday said it turned to a profit in its most recently-ended financial year.
Read more(Alliance News) - LPA Group PLC on Friday said it will make a "small trading loss" in the year ended September 30, following a loss making first half, but said it expects to make an overall pretax profit.
Read more(Sharecast News) - Lighting and electronic systems specialist LPA Group confirmed in an update on Friday that its second half saw strong trading, as expected after its loss-making first half.
Read moreLPA Group PLC - Essex-based LED lighting and electro-mechanical systems maker - Completes sale of an undeveloped plot of land for GBP1.7 million. The book value of the plot as at March 31 was "nil". Says the proceeds will be recognised as an expectational gain in its full-year results. Plans to invest the net proceeds in the medium to long term to support its growth.
Read moreLPA Group PLC - Essex-based LED lighting and electro-mechanical systems maker - Posts interim loss in the half-year that ended March 31 as it cites "customer-driven delays across several of our major projects". Swings to pretax loss of GBP589,000 from profit of GBP97,000 a year ago. Revenue falls to GBP8.6 million from GBP9.3 million. Net debt widens to GBP2.5 million from GBP1.9 million year-on-year.
Read more(Alliance News) - LPA Group PLC on Tuesday said Chief Financial Officer Chris Buckenham will leave the company on August 31.
Read more(Sharecast News) - LPA Group shares tumbled after it warned it now expects to report an operating loss for the full year, as supply chain issues have caused further delays to rail projects.
Read more(Sharecast News) - Electronic connector manufacturer LPA Group has locked in a contract win that will see it work on over 150 new build train carriages in the UK's East Midlands Railway Aurora InterCity Fleet.
Read more(Sharecast News) - Electronic connector manufacturing firm LPA Group said on Wednesday that its medium and longer-term prospects had been enhanced, but stated it had come at the expense of the near-term.
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