Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMarlowe Share News (MRL)

Share Price Information for Marlowe (MRL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 434.00
Bid: 430.00
Ask: 438.00
Change: -3.00 (-0.69%)
Spread: 8.00 (1.86%)
Open: 434.00
High: 435.00
Low: 430.00
Prev. Close: 433.00
MRL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Restore rises as it rebuffs Marlowe approach

Thu, 22nd Jul 2021 10:49

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

----------

AIM - WINNERS

----------

Restore PLC, up 13% at 475.00 pence, 12-month range 280p-500p. Marlowe approaches Restore over possible takeover worth 530p per share. Says this was second proposal made to Restore board over the last few weeks, and both were rejected. Says possible offer would consist of 71p in cash and the remainder in Marlowe shares. Restore confirms rejection of offer, noting first proposal was worth 515p per share. Says it concluded the initial approach undervalued firm and with a low cash element, was not in best interests of Restore shareholders. Adds: "As the second approach did not represent any material improvement to the original approach, the board unanimously rejected the second approach on 5 July 2021 on the same basis." Marlow has until August 19 to either announce a firm offer for Restore or walk away. Marlowe shares were 1.6% lower in mid-morning trade.

----------

Open Orphan PLC, up 11% at 24.04p, 12-month range 12.26p-48p. Notes editorial opinion piece on the UK government's Human Challenge Programme has been published in the latest edition of the New England Journal of Medicine. The programme, part of the government's vaccine taskforce, is a collaboration which includes Open Orphan subsidiary hVIVO. "We are delighted to see support for the Covid-19 Human Challenge Programme in a publication such as the New England Journal of Medicine," says Open Orphan Executive Chair Cathal Friel.

----------

AIM - LOSERS

----------

LoopUp Group PLC, down 18% at 51.55p, 12-month range 50.91p-250p. Expects revenue for first half of 2021 to be no less than GBP11.5 million, which would be 13% below management forecasts. While it has seen material acceleration in new customer wins in Cloud Telephony, it says Remote Meetings business continues to see customers move to "more cost-effective committed term subscription and minimum spend contracts", as well as "sustained intense" competition.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
3 Feb 2017 07:48

Marlowe buys BBC Fire Protection for up to £8.3m

(ShareCast News) - Marlowe, which buys and develops maintenance services providers, has bought BBC Fire Protection for up to £8.3m on a cash and debt free basis. The AIM-listed company believes that the acquisition will expand the scale of its fire division, offer synergy benefits and provide additi

Read more
12 Dec 2016 08:40

Marlowe blazes ahead with acquisitions

(ShareCast News) - Having completed four acquisitions in the first half and a further two post period end to expand its presence in both its fire and water divisions, Marlowe has announced plans to raise around £10m to support its continued acquisition-led growth. After merging with the new Marlo

Read more
4 Nov 2016 08:11

Marlowe Buys Uxbridge-Based Fire Protection Firm Titan

Read more
4 Nov 2016 08:09

Marlowe Holdings buys Titan Fire & Security for £750,000

(ShareCast News) - Support services company Marlowe Holdings has bought Titan Fire & Security, a provider of fire protection services, for up to £750,000. An initial cash consideration of £450,000 will paid with two earn-out payments of up to £150,000 after six and 12 months, when Titan Fire & Secur

Read more
17 Oct 2016 07:57

Marlowe buys Hentland for up to £7.6m

(ShareCast News) - Support services group Marlowe has acquired Hentland for a total enterprise value of up to £7.6m on a cash and debt free basis in a deal that immediately enhances earnings. Bodmin-based Hentland provides a comprehensive portfolio of fire protection and security services to over 1,

Read more
17 Oct 2016 07:09

Marlowe To Pay Up To GBP7.6 Million For Fire Protection Firm Hentland

Read more
8 Sep 2016 09:55

Marlowe acquires H2O chemicals

(ShareCast News) - Marlowe, the support services group focused on acquiring and developing companies that provide critical asset maintenance services, announced on Thursday that it has acquired H2O chemicals for £2.8m. Founded in 1992 and headquartered in Leeds, H2O provides water treatment and hygi

Read more
8 Sep 2016 08:11

Marlowe Raises Funds As It Buys Leeds-Based H2O Chemicals (ALLISS)

Read more
7 Sep 2016 10:43

Marlowe appoints permanent chairman as AGM begins

(ShareCast News) - Marlowe investors were gathering in London on Wednesday for the company's annual general meeting, with interim chairman Derek O'Neill reassuring them over their recent acquisitions. "Trading in the current financial year has been in line with expectations and the integration of ou

Read more
27 Jun 2016 11:17

Marlowe To Continue Growing Through Acquisitions As It Reports Loss

Read more
12 May 2016 08:07

Marlowe Buys Fire Alarm Fabrication Services With Plans To Cross-Sell

Read more
18 Apr 2016 08:57

Marlowe Acquires WCS Environmental Group For GBP2.5 Million (ALLISS)

Read more
1 Apr 2016 08:32

Marlowe Starts Trading On AIM After Swift Acquisition (ALLIPO)

Read more
29 Feb 2016 09:17

Marlowe Holdings Buys Fire Protection Firm Swift And Raises Funds (ALLISS)

Read more
30 Oct 2015 09:04

Marlowe Holdings Posts Loss As It Enters Reverse Takeover Talks (ALLISS)

Read more

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.