Mothercare Share News (MTC)

IN BRIEF: De La Rue names Mothercare chair Clive Whiley as chair

De La Rue PLC - Basingstoke, England-based security printed products maker - Says that Clive Whiley, current chair of Mothercare PLC, is appointed as chair, effective immediately. Mothercare is a clothing retailer for expectant mothers and children up to 8 years old. Whiley was previously chair of funeral plan and end of life service provider Dignity PLC. De La Rue says Nick Bray, who was interim chair after Kevin Loosemore's resignation on May 1, will return to his previous role as non-executive director.

LONDON MARKET OPEN: BT shares fall as announces 55,000 jobs to be cut

(Alliance News) - European equities made headway at Thursday's open, though the FTSE 100 underperformed due to share price falls for BT and Burberry.

CORRECT: Royal Mail parent suffers loss; Burberry sees growth

(Correcting spelling of name of new De La Rue chair.)

LONDON BRIEFING: Royal Mail parent suffers loss; Burberry sees growth

(Alliance News) - Stocks in London were called higher on Thursday, as global markets switched to risk-on, following signs of progress on US debt negotiations.

Mothercare shares tumble as it expects annual earnings to fall

(Alliance News) - Mothercare PLC on Thursday said it expects annual earnings to fall, although to ahead of expectations.

AIM WINNERS & LOSERS: Sound Energy shares rise ahead of maiden revenue

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

Mothercare in refinancing talks, shares tumble

(Sharecast News) - Mothercare shares tumbled on Thursday after the parent and child retailer said it was in refinancing talks with its lender as it might require waivers to future periods' covenant tests.

LONDON MARKET OPEN: Stocks slide ahead of ECB; Shell rises on Q1 beat

(Alliance News) - Stock prices in London opened in the red, amid nerves ahead of the EU's interest rate decision, as investors digested a busy morning of UK company earnings.

UK earnings, trading statements calendar - next 7 days

Director dealings: Mothercare director makes share purchase

(Sharecast News) - Mothercare revealed on Wednesday that non-executive director, Mark Newton-Jones had acquired 604,789 ordinary shares in the London-listed retailer.

Mothercare confirms start date for new CEO Daniel Le Vesconte

(Alliance News) - Mothercare PLC on Friday confirmed that Daniel Le Vesconte will join the Hemel Hempstead, England-based retailer as chief executive on January 16, 2023.

Mothercare appoints new CEO as half-year profit and revenue slips

(Alliance News) - Mothercare PLC on Thursday named Dan Le Vesconte as its chief executive, in hopes that the new boss will tackle the double impact of the Covid-19 pandemic and the war in Ukraine.

Mothercare appoints new CEO; interim profits slump

(Sharecast News) - Mother and child retailer Mothercare posted a drop in interim profits on Thursday as it announced the appointment of Daniel Le Vesconte as its new chief executive officer.

UK shareholder meetings calendar - next 7 days

Sunday newspaper round-up: PD Ports, OneWeb, Tax cuts

(Sharecast News) - Australian investment outfit Macquarie is studying a possible £1bn bid for PD Ports, the logistics empire that includes the strike-plagued Felixstowe port in the south or Teesport in the northeast. An auction by PD 's owner, Canadian private equity firm Brookfield, was cancelled in November following a legal spat with the South Tees Development Corporation, which owns the land around Teesport. Bids at the auction had reached around £1.3bn but the economic backdrop and performance of PD Ports had worsened since then. Originally, PD Ports had sought a sale price of £2.0bn. - The Sunday Times