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Pin to quick picksMarstons Share News (MARS)

Share Price Information for Marstons (MARS)

London Stock Exchange
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Share Price: 36.50
Bid: 36.60
Ask: 36.95
Change: -1.70 (-4.45%)
Spread: 0.35 (0.956%)
Open: 37.05
High: 38.25
Low: 36.50
Prev. Close: 38.20
MARS Live PriceLast checked at -

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SMALL-CAP WINNERS & LOSERS: Amigo sinks after CFO steps down

Tue, 25th Jan 2022 10:48

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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SMALL-CAP - WINNERS

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REA Holdings PLC, up 2.7% at 131.90 pence, 12-month range 48.00p-166.00p. The palm-oil producer says fresh-fruit bunch production for 2021 fell short of that achieved in 2020, but Covid-19's effect on the company has remained limited. 2021 total fresh fruit bunch production down to 949,002 tonnes from 971,365 tonnes in 2020. Looking ahead it says: "The group's financial position is stronger than it has been for some years and should continue to be supported by crude palm oil and crude palm kernel oil prices that are expected to remain at levels which should generate healthy margins and by the commencement of loan repayments from the stone and coal concession holding companies as they gear up their activities."

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Marston's PLC, up 1.2% at 79.00p, 12-month range 63.75p-105.50p. The pub operator says the emergence of the Omicron variant and subsequent UK government guidance to work from home temporarily hurt consumer sentiment. For the 16-week period to January 22, like-for-like sales were down 3.9% compared to the same period in the 2019 financial year. Looking ahead, Marston's remains confident the strong trading momentum experienced prior will resume due to pent-up consumer demand.

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SMALL-CAP - LOSERS

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Amigo Holdings PLC, down 22% at 2.85p, 12-month range 2.25p-30.30p. The guarantor loans provider after the market close on Monday said Chief Financial Officer Mike Corcoran stepped down with immediate effect, though will support business through handover period. Amigo expects it will be able to announce his replacement in "near future". Corcoran's departure came as Amigo warned on Monday of insolvency if a new business scheme and equity raise are not approved.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
31 Mar 2023 10:47

IN BRIEF: Marston's extends debt facility; 'back to billion' on track

Marston's PLC - Wolverhampton, England-based pub operator - Extends term of bank and private placement debt facilities to January 2025, while increasing the total available to GBP340 million from GBP320 million. Its revolving credit facility is increased to GBP300 million from GBP280 million, with all its existing banks taking part, plus two new ones. The interest rate is variable depending on underlying interest rates, plus Marston's level of leverage and drawings. The private placement facility remains the same at GBP40 million.

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31 Mar 2023 10:28

SMALL-CAP WINNERS & LOSERS: Pantheon Infrastructure mulls buybacks

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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31 Mar 2023 09:02

Marston's secures amendment and extension of debt facilities

(Sharecast News) - Pub chain Marston's said on Friday that it has successfully secured an amendment and extension of its bank and private placement debt facilities to the end of January 2025.

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15 Mar 2023 16:12

Britain helps pubs by raising 'draught relief' on beer

LONDON, March 15 (Reuters) - Britain's finance minister Jeremy Hunt offered some help to pubs on Wednesday by increasing "draught relief", making the rate of duty on draught beer and cider up to 11 pence lower than the charge on cans or bottles bought in a supermarket from August.

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15 Mar 2023 12:54

Britain helps pubs by raising 'draught relief' on beer

LONDON, March 15 (Reuters) - Britain's finance minister Jeremy Hunt offered extra help to pubs by reducing the tax paid on draught beers and ciders, resulting in the duty paid on a pint served in a bar undercutting the rate paid by supermarkets by up to 11 pence.

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24 Jan 2023 17:01

LONDON MARKET CLOSE: Stocks broadly higher despite UK recession fears

(Alliance News) - Stocks in London were broadly higher on Tuesday as a strong performance from UK-listed firms offset worries about the UK economy following the release of gloomy economic data.

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24 Jan 2023 10:08

SMALL-CAP WINNERS & LOSERS: Saga performs in line with expectations

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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24 Jan 2023 09:33

LONDON MARKET OPEN: FTSE 100 lags as other indices make headway

(Correcting December borrowing figure to billion.)

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24 Jan 2023 09:32

Marston's annual sales rise as pub chain recovers from Covid

(Alliance News) - Marston's PLC on Tuesday backed its annual outlook, as it reported strong sales during the festive period.

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24 Jan 2023 09:20

Marston's LFL sales grow over key Christmas trading period

(Sharecast News) - Pub chain Marston's said on Tuesday that like-for-like sales had surged over the Christmas trading period.

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24 Jan 2023 09:14

LONDON MARKET OPEN: FTSE 100 lags as other indices make headway

(Alliance News) - Stock prices in London opened mixed on Tuesday, with the FTSE 100 underperforming, as a more positive mood prevailed elsewhere.

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24 Jan 2023 08:51

Rail strikes fail to derail Christmas sales for UK pub group Marston's

Shares gain more than 4% in morning trade

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24 Jan 2023 07:53

LONDON BRIEFING: AB Foods says Primark has "very strong Christmas"

(Alliance News) - Stock prices in London were expected to open flat on Tuesday, after data showed UK government borrowing continued to break monthly records.

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18 Jan 2023 09:47

LONDON BROKER RATINGS: Bank of America and Oddo BHF cut Whitbread

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

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12 Dec 2022 09:34

LONDON BROKER RATINGS: Jefferies raises John Wood to 'buy' from 'hold'

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

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