Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMattioli Woods Share News (MTW)

Share Price Information for Mattioli Woods (MTW)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 791.00
Bid: 788.00
Ask: 794.00
Change: 0.00 (0.00%)
Spread: 6.00 (0.761%)
Open: 791.00
High: 791.00
Low: 791.00
Prev. Close: 791.00
MTW Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: Fuller Smith & Turner Gets GBP100 Million

Mon, 01st Jun 2020 11:16

(Alliance News) - The following is a round-up of updates by London-listed companies on the impact of the Covid-19 pandemic, issued on Monday and not separately reported by Alliance News:

----------

Fuller Smith & Turner PLC - pubs - To issue commercial paper under Covid Corporate Financing facility for initial sum of GBP100 million, allowing GBP155 million revolving credit facility to remain undrawn. Placed 96% of employees on furlough, while executives and board members volunteered for pay reduction.

----------

Arricano Real Estate PLC - property - All five shopping centres in Ukraine open with effect on Saturday last week, as restrictions by local authorities on access to shopping centres lifted. However, food courts, cinema and entertainment centres will remain closed.

----------

Topps Tiles PLC - tile retail - To sale and leaseback head office in Enderby, Leicester, to UK Warehouse Properties Ltd for GBP18.1 million. Proceeds expected to strengthen group's financial position in the face of the Covid-19 crisis.

----------

Mattioli Woods PLC - wealth management - Annual revenue to be ahead of GBP58.5 million reported the year before. Profit to be ahead of management expectations. Directors to take 50% reduction in salaries and fees until end of June, while chief executive officer takes no salary at all. Group in strong financial position following the acquisition of Hurley Partners in March.

----------

Motif Bio PLC - cash shell - Remains in negotiations with several reverse takeover candidates in the healthcare sector, as the pandemic creates new opportunities for healthcare firms.

----------

CloudCall Group PLC - communications - Expects to have enough cash to fund it through period of macroeconomic uncertainty. Continues to report ongoing challenges within the broader marketplace, which has near-term impact on the sales pipeline. Year-to-date sales bookings from new customers 28% less than same period the year before.

----------

Zoetic International PLC - cannabidiol - Signs distribution agreement with partner BettermentRS to market tobacco-alternative Chill products to its network of outlets. Rollout of Chill brand delayed by pandemic, as many retail outlets closed on lockdown restrictions.

----------

MJ Hudson Group PLC - asset management - Reports strong sales activity and levels of client work during lockdown period. Confident in achieving profit for year ending June 30 in line with market expectations, despite revenue disruption due to the lack of new fund launch activity.

----------

Marshall Motor Holdings PLC - cars - Trading significantly ahead of UK market in first quarter of 2020. As lockdown eases, group gradually expanded its offering of aftersales services, with initial demand encouraging. Furloughed 90% of employees during lockdown period as many stores closed. To post a pretax loss for the first half of 2020.

----------

Braveheart Investment Group PLC - investments - Subsidiary Paraytec Ltd to launch project with University of Sheffield to develop a rapid test for Covid-19 test, which will utilise highly sensitive light-based detection system coupled with a molecular "affinity" device to capture Covid-19 virus particles. Paraytec to own all foreground intellectual property generated by the project.

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
19 Oct 2020 14:55

IN BRIEF: Mattioli Woods Pleased With Trading In New Financial Year

IN BRIEF: Mattioli Woods Pleased With Trading In New Financial Year

Read more
19 Oct 2020 08:55

Mattioli Woods proposes final dividend as new year starts well

(Sharecast News) - Specialist wealth management and employee benefits business Mattioli Woods said on Monday that its new financial year had started positively, as it on-boarded the same number of clients in the first four months as it did at the same time last year.

Read more
16 Oct 2020 16:03

UK Dividends Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

Read more
12 Oct 2020 15:46

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
3 Sep 2020 15:58

UK Dividends Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

Read more
2 Sep 2020 14:33

UK EARNINGS SUMMARY: Mattioli Woods Assets Dip But Confident In Growth

UK EARNINGS SUMMARY: Mattioli Woods Assets Dip But Confident In Growth

Read more
2 Sep 2020 13:24

Wednesday broker round-up

(Sharecast News) - Codemasters: Peel Hunt downgrades to add with a target price of 420.0p.

Read more
2 Sep 2020 11:01

Canaccord nudges up target price on Mattioli Woods

(Sharecast News) - Analysts at Canaccord Genuity slightly raised their target price on diversified financials group Mattioli Woods from 884.0p to 896.0p on Wednesday, labelling the group a "resilient performer".

Read more
2 Sep 2020 09:35

Mattioli Woods cuts final dividend

(Sharecast News) - Mattioli Woods said trading was in line with expectations as the wealth manager cut its final dividend to leave the annual payout unchanged.

Read more
26 Aug 2020 15:57

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
3 Aug 2020 18:22

UK TRADING UPDATE SUMMARY: Tiziana Offering to Raise GBP57 Million

UK TRADING UPDATE SUMMARY: Tiziana Offering to Raise GBP57 Million

Read more
14 Jul 2020 13:31

Monday broker round-up

(Sharecast News) - Rotork: RBC Capital Markets downgrades to underperform with a target price of 275.0p.

Read more
14 Jul 2020 12:30

Mattioli Woods flags full-year revenue and earnings growth

(Sharecast News) - Wealth management and employee benefits company Mattioli Woods updated the market on its full year on Tuesday, reporting both growth in revenue and "strong" growth in adjusted EBITDA and adjusted profit before tax.

Read more
14 Jul 2020 11:04

Mattioli Woods Announces Revenue And Profit Growth Amid Board Shifts

Mattioli Woods Announces Revenue And Profit Growth Amid Board Shifts

Read more
30 Jun 2020 16:03

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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.