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Pin to quick picksOcean Wilsons Share News (OCN)

Share Price Information for Ocean Wilsons (OCN)

London Stock Exchange
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Share Price: 1,300.00
Bid: 1,285.00
Ask: 1,305.00
Change: 0.00 (0.00%)
Spread: 20.00 (1.556%)
Open: 1,300.00
High: 1,300.00
Low: 1,300.00
Prev. Close: 1,300.00
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SMALL-CAP WINNERS & LOSERS: Oceans Wilsons rises on unit review

Mon, 12th Jun 2023 09:51

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

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SMALL-CAP - WINNERS

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Ocean Wilsons Holdings Ltd, up 12% at 917.00 pence, 12-month range 795.00p-1,050.00p. The company confirms that it is undertaking a strategic review of 57%-owned subsidiary Wilson Sons, a maritime services provider in Brazil. Ocean Wilsons says the review, "which will consider all potential strategic options", is at an early stage. The company adds there is no certainty as to its outcome.

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Capital Ltd, up 5.8% at 102.00 pence, 12-month range 75.00p-118.00p. The mining services company announces the award of a new services contract as well as an extension to its revolving credit facility to USD50 million from USD25 million. The contract is for earth moving and crushing services for Ivindo Iron SA, a company 72%-owned by Fortescue Metals Group Ltd, at its iron ore project in Gabon. The contract has a term of up to five years and will generate USD30 million revenue per year once operational.

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AO World PLC, up 5.0% at 73.00 pence, 12-month range 37.22p-81.90p. High street retailer Frasers Group PLC buys a stake in online electricals retailer. The Sports Direct-owner buys a 19% stake in AO World through the purchase of 109.4 million shares at a price of 68 pence each, for a total investment of GBP75 million.

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SMALL-CAP - LOSERS

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Petrofac Ltd, down 1.9% at 72.60 pence, 12-month range 45.38p-137.50p. The company signs a definitive engineering, procurement and construction agreement with Sonatrach Spa subsidiary STEP Polymers Spa, for the construction of a petrochemical complex in the Arzew industrial zone in Algeria. Petrofac is a London-headquartered company which designs, builds, manages and maintains energy infrastructure and has its core markets in the Middle East and North Africa region. Sonatrach is Algeria's national state-owned oil company. Petrofac says it will deliver the USD1.5 billion project with its joint venture partner China Huanqiu Contracting & Engineering Corp, with Petrofac's share worth over USD1 billion.

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By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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9 Apr 2014 10:06

Ocean Wilsons Holdings Says Container Terminal Volumes Higher

LONDON (Alliance News) - Bermuda-based maritime services investment company Ocean Wilsons Holdings Ltd Wednesday said total container terminals handled in March increased 28.2% on the same period last year. At Tecon Rio Grande, container volumes increased 35.5% in March to 66.8 twenty-foot

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7 Apr 2014 10:19

Monday broker round-up UPDATE

Abcam: Canaccord Genuity lowers target price from 386p to 375p, while upgrading from sell to hold. Aberbdeen Asset Management: Credit Suisse ups target price from 415p to 440p and stays with its neutral rating. AO World: Jefferies initiates with a target price of 410p and a buy recommendation. JP

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4 Apr 2014 16:56

DIRECTOR DEALINGS: Ocean Wilsons Chairman Buys Shares

LONDON (Alliance News) - Ocean Wilsons Holdings Ltd said Friday that non-executive Chairman Jose Vieira had bought 5,000 shares at 1,144 pence each Thursday. Following this transaction Vieira's total holding its 0.429%. Shares in the investment holding company were trading down 0.5% a

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31 Mar 2014 14:48

Ocean Wilsons Pretax Profit Rises 2.0% In 2013 Amid Revenue Gains

LONDON (Alliance News) - Ocean Wilsons Holdings Ltd Monday reported a 2.0% increase in annual pretax profit, boosted by higher revenue from its shipyard, terminals and towage businesses. Pretax profit rose to USD100.5 million in 2013, compared with USD98.6 million in 2012. Revenue increased

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10 Feb 2014 12:59

Ocean Wilsons Says Wilson Sons January Volumes Largely Up

LONDON (Alliance News) - Ocean Wilsons Holdings Ltd Monday said its main operating subsidiary's January volumes handled in general rose on last year's figures.

Container Terminals volumes increased to 75,900 TEU in January 2014 from 58,900 for the corresponding month last year, whil

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20 Dec 2013 15:51

Partnership Assurance CEO ups stake after recent share-price fall

UK insurer Partnership Assurance revealed on Friday that its Chief Executive Officer (CEO) topped up his stake in the company, taking advantage of the stock's recent slump since it floated in London this summer. Steve Groves, who joined the company in 2005 and was appointed CEO in 2008, purchased 8

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12 Dec 2013 16:14

Reckitt Benckiser CFO grows stake

Adrian Hennah, the Chief Financial Officer of Reckitt Benckiser, added 13,629 shares to his stake in the consumer goods company. Hennah, who has been in the role since the start of the year, acquired the stock at 4,619.73p a piece for a total spend of £629,623. His interest in the company now st

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18 Nov 2013 08:10

Monday broker round-up UPDATE

AGA Rangemaster: N+1 Singer raises its target price from 150p to 175p and keeps a buy recommendation. APR Energy: Jefferies cuts target price from 1300p to 1260p retaining a buy recommendation. Atkins (WS): LIberum Capital increases target price from 1300p to 1400p maintaining a buy recommendation

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14 Nov 2013 14:17

Ocean Wilsons Subsidiary Making Strong Progress

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15 May 2013 10:23

STOCKS NEWS EUROPE-UK small caps up 0.2 pct, outpace blue chips

UK small caps rise 0.2 percent, outperforming a flat blue-chip index but slightly lagging mid-caps, up 0.3 percent. Shares in Ocean Wilsons Holdings rise 0.8 percent as the majority-owner of Wilsons Sons, a maritime conglomerate operating in Brazil, reports growth in its full-year net prof

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14 Nov 2012 16:30

Randgold Resources CEO sells three million quid's worth of shares

- Please note: This is a revised version of a story which previously contained information that was incorrect. After what has been a less-than-impressive year, the Chief Executive of FTSE 100 gold miner Randgold Resources, Mark Bristow, sold more than three million pounds worth of shares. Bristo

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