Mitie Share News (MTO)

London close: Stocks finish weaker after earlier gains

(Sharecast News) - London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.

IN BRIEF: Alchemy cuts stake in Mitie with GBP45 million share sale

Mitie Group PLC - Glasgow-based facilities management - Third-largest shareholder sells 40.0 million Mitie shares through a placing run by broker Peel Hunt LLP. The shares are sold at 112 pence each, raising about GBP44.8 million for Alchemy Special Opportunities Fund IV LP, a London-based investment fund. The share sale is increased from the planned offer of 25 million shares that was announced by Peel Hunt after the London market close on Tuesday. Alchemy is now interested in 31.0 million Mitie shares, a 2.3% stake. Mitie will receive no proceeds from the sale, as it is of existing shares.

Mitie slumps as Alchemy sells 40m shares in placing

(Sharecast News) - Mitie shares slumped on Wednesday after investment fund Alchemy sold 40m shares in the outsourcing and energy services company in a placing.

LONDON BRIEFING: Lloyds profit takes hit; Jet2 cuts guidance

(Alliance News) - Stocks in London are set to open higher on Wednesday, as the release of some key US data edges closer

Alchemy Special Opportunities plans to sell 25 million Mitie shares

(Alliance News) - Mitie Group PLC's third-largest shareholder is planning on selling over a third of its shares in the company, according to an announcement by Peel Hunt Ltd on Tuesday.

Sunday share tips: Mitie, Costain

(Sharecast News) - The Financial Mail on Sunday's Midas column tipped shares of Mitie to its readers, highlighting it shift from facilities management to facilities transformation.

London stocks fall as Middle East tensions weigh

Superdry falls on restructuring plan

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LONDON MARKET CLOSE: Investors show nerves after Iran launches drones

(Alliance News) - Stock prices in London closed down on Monday, as tensions in the Middle East weighed on investors, with resources sliding as commodity prices fell.

London close: Stocks slip on renewed geopolitical tensions

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

LONDON MARKET MIDDAY: Oil falls despite rising Iran-Israel tensions

(Alliance News) - London's FTSE 100 was down at midday on Monday, as oil majors BP and Shell were hurt by falling prices, with investors showing caution following Iran's strikes on Israel over the weekend.

LONDON MARKET OPEN: FTSE 100 falls as oil lower despite Iran strikes

(Alliance News) - Stock prices in London opened lower on Monday, with a decline in oil prices sending Shell and BP lower, in a cautious start to the week following Iran's strikes on Israel over the weekend.

LONDON BRIEFING: Mitie unveils buyback; Inchcape sells UK retail arm

(Alliance News) - London's FTSE 100 is set to open lower on Monday, in a risk-off start to the week following an escalation in the conflict in the Middle East, with lingering US interest rate worries also hurting enthusiasm.

Mitie sees annual profit up at least 23%, starts £50m buyback

(Sharecast News) - Mitie shares soared on Monday as the cleaning-to-security services outsourcer upgraded its annual profit forecast and launched an extra £50m share buyback on the back of record revenues.

Vistry appoints new senior independent director, joining after AGM

(Alliance News) - Vistry Group PLC on Thursday appointed UK Met Office Chair Rob Woodward as new senior independent director, which will take effect from the close of Vistry's annual general meeting.