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IN BRIEF: John Menzies New Covenant Structure Takes Effect

Fri, 25th Sep 2020 16:04

John Menzies PLC - aviation services firm - Agrees and executes legal documents meaning revised covenant structure with lenders is now effective. "The new covenant package will provide additional flexibility to support the group, as the aviation industry recovers from the impact of the Covid-19 pandemic."

Current stock price: 107.20 pence

Year-to-date change: down 77%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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25 Oct 2016 14:41

Competition Watchdog Looking At John Menzies Purchase Of ASIS From BBA

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29 Sep 2016 15:03

UK Dividends Calendar - Next 7 Days

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16 Sep 2016 07:43

BUZZ-BBA Aviation: Sells aircraft services unit for $202 mln

** Airport services and logistics group BBA Aviation's shares up 2.2 pct, near the top of the Stoxx, after saying it will sell its aircraft services unit to peer John Menzies ** Deal for about $202 mln, will close at around end of 2016, BBA says ** BBA shares second-largest gainers on

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16 Sep 2016 06:17

TOP NEWS: John Menzies To Acquire ASIG From BBA Aviation (ALLISS)

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19 Jul 2016 16:04

John Menzies appoints new Chairman

(ShareCast News) - John Menzies, the Scottish distribution and aviation company, have announced the appointment of Dr Dermot F Smurfit as its new chairman on Tuesday. Dr Smurfit is currently chairman of Powerflute and ML Capital as well as a non-executive director of Timber Capital and The Forest Co

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19 Jul 2016 11:32

UPDATE 1-John Menzies bows to investor demands for new chairman

(Adds comments by John Menzies, investor) LONDON, July 19 (Reuters) - UK airport services and logistics group John Menzies has appointed Irish paper and packaging industry tycoon Dermot Smurfit as its new chairman, answering a key demand from new activist investor Shareholder Value Manageme

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19 Jul 2016 07:03

John Menzies bows to investor demands by appointing new chairman

LONDON, July 19 (Reuters) - Britain's John Menzies said on Tuesday it had appointed paper industry executive Dermot F Smurfit as independent chairman, answering a key demand from new activist investor Shareholder Value Management (SVM). SVM, which holds more than 7 percent of the distribut

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19 Jul 2016 06:50

John Menzies Appoints Dermot Smurfit As New Independent Chairman

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4 Jul 2016 14:35

UPDATE 2-John Menzies says ready for dialogue with shareholders

* Shareholder Value Management wants operations split * Follows similar calls from two other large shareholders * Company continues to evaluate "optimal structure" (Adds comment from John Menzies) By Maiya Keidan and Esha Vaish LONDON, July 4 (Reuters) - Britain's John M

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4 Jul 2016 07:13

Activist investor takes 7 pct stake in John Menzies

LONDON, July 4 (Reuters) - British distribution and aviation company John Menzies must split its businesses and hire an independent chair, German activist Shareholder Value Management said on Monday. Frankfurt-based 1.7 billion euro ($1.89 billion) Shareholder Value Management has purchased

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31 May 2016 08:56

John Menzies and Oman Air agree to work on handling joint venture

(ShareCast News) - John Menzies has secured a pre-contract agreement towards winning a major ground handling deal with Oman Air. Menzies Aviation and Oman Air have signed a memorandum of understanding confirming their intention to work together, which they will follow up with due diligence in order

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31 May 2016 08:18

John Menzies Inks Memorandum Of Understanding With Oman Air

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25 May 2016 15:19

UK Dividends Calendar - Next 7 Days

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20 May 2016 12:54

John Menzies' aviation, distribution divisions progressing well

(ShareCast News) - John Menzies has made a good start to the year, in line with directors' views, and said both its aviation and distribution divisions are progressing well. In a trading update for the four months to 30 April, the support services group said Menzies Aviation was trading ahead of las

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20 May 2016 06:51

John Menzies Starts 2016 Well, Trading In Line With Expectations

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