Users can now access private company data from theJP Jenkins marketplace

Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Don't want ads? Click here
Sponsored Content
Don't want ads? Click here

Pin to quick picksMarstons Share News (MARS)

Share Price Information for Marstons (MARS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 36.00
Bid: 35.90
Ask: 36.05
Change: -0.95 (-2.57%)
Spread: 0.15 (0.418%)
Open: 37.10
High: 37.10
Low: 36.00
Prev. Close: 36.95
MARS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Timelines are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

SMALL-CAP WINNERS & LOSERS: Pantheon Infrastructure mulls buybacks

Fri, 31st Mar 2023 10:28

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

----------

SMALL-CAP - WINNERS

----------

Marston's PLC, up 3.1% at 36.71 pence, 12-month range 33.38p-83.5p. The pub chain says its bank and private placement debt facilities have been extended to the end of January 2025. Says the revised debt facilities total GBP340 million, and replace its existing GBP280 million facility. It comprises a GBP300 million revolving credit facility with all its existing and two new banks, and a reinstatement of its GBP40 million private placement. Also notes trading its in line with its expectations, and will announce interim results on May 16.

----------

Pantheon Infrastructure PLC, up 8.1% at 85p, 12-month range 74.4p-110.5p. The investment fund focusing on infrastructure interests says it's considering a share buyback for up to GBP10 million. This is due to recent share price weakness, which "materially undervalues its portfolio and prospects", it says. Says share buybacks would be an "attractive use of capital", and it would retain enough capital to invest in its pipeline and maintain dividend payments.

----------

SMALL-CAP - LOSERS

----------

De La Rue, down 2.5% at 53.62p, 12-month range 50.58p-118.8p. The banknote printer receives a requisition notice for a general meeting. The notice comes from shareholder Crystal Amber Fund Ltd, which holds a 9.8% stake in the firm. Crystal Amber proposes to remove Chair Kevin Loosemoore, and replace him with Pepyn Dinandt. Crystal Amber has hit out at the firm several times in recent months, having previously called for Loosemore to resign. De La Rue notes that a general meeting was called in December for the same proposal, with 95% of votes - aside from Crystal Amber - in favour of Loosemore staying in post.

----------

By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
4 Oct 2023 15:44

UK earnings, trading statements calendar - next 7 days

Read more
25 Aug 2023 09:57

SMALL-CAP WINNERS & LOSERS: Petra Diamonds rises after first tender

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

Read more
26 Jul 2023 17:02

TRADING UPDATES: Marston's optimistic; Nichols sales get Vimto boost

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
26 Jul 2023 10:33

Pub chain Marston's hails 'good' demand as sales jump

(Sharecast News) - Pub chain Marston's reported a jump in sales on Wednesday as it hailed good levels of demand.

Read more
26 Jul 2023 09:49

SMALL-CAP WINNERS & LOSERS: Motorpoint up despite difficult conditions

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

Read more
19 Jul 2023 14:35

UK earnings, trading statements calendar - next 7 days

Read more
17 May 2023 10:32

Mitchells & Butlers pub group says costs start to ease

HY operating profit down almost 17%

*

Read more
16 May 2023 16:12

Marston's revenue rises on strong interim trading but swings to loss

(Alliance News) - Marston's PLC on Tuesday said its revenue increased in the first half of its financial year, but that it swung to loss in the period.

Read more
16 May 2023 14:15

British pub group Marston's shares fall as lack of dividend disappoints

Sales in last six weeks up 7.5%

*

Read more
16 May 2023 07:16

Marston's reports positive first half as trading normalises

(Sharecast News) - Pub operator Marston's reported positive growth in its underlying first-half results on Tuesday, despite a tougher macroeconomic environment.

Read more
9 May 2023 15:45

UK earnings, trading statements calendar - next 7 days

Read more
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.

Read more
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.

Read more
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.

Read more

Make Better Investment Decisions

Register for FREE

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.