Produce Investments Share News (PIL)

DIRECTOR DEALINGS: Produce Investments Non-Executive Sells 4,000 Shares

LONDON (Alliance News) - Produce Investments PLC Thursday said that Derek Porter, a non-executive director, has sold 4,000 shares at 286 pence each. Porter now has a 0.42% stake in the company, some 111,020 shares. Produce Investments shares were Thursday quoted at 294.75 pence, up 1.

Produce Investments Buys Potato Grower Jersey Royal For GBP15 Million

LONDON (Alliance News) - Produce Investments PLC, the parent company of one of the UK's biggest potato producers, said Friday that it has acquired Jersey Royal Co, one of the country's largest producers of the famous Jersey Royal potato, for GBP15 million. The company said it was in talks t

UK MORNING BRIEFING: Intertek Puts Damper On Flat FTSE 100

LONDON (Alliance News) - UK shares have opened mostly flat Friday, though mid- and small-caps are slightly outperforming, after disappointing European economic data on Thursday has been followed by a dearth of fresh leads Friday.

Intertek leads the FTSE 100 fallers,

Produce Investments Swings To Profit, Boosts Dividend

LONDON (Alliance News) - Produce Investments PLC said Wednesday it swung to an operating profit for the half-year and is on track to meet market expectations for the full-year as it continued to focus on boosting efficiency realigning capacities during the period of significantly better weather a

Produce Investments eyes acquisition of potato firm

Produce Investments, which operates in the potato business, prompted a jump in its share price on Wednesday after confirming it had entered into a heads of terms agreement to acquire Jersey Royal Company. The AIM-listed group has agreed a period of exclusivity for a potential acquisition of Jersey

STOCKS NEWS EUROPE-UK small caps close down 0.7 pct

UK small caps drop 0.7 percent, mirroring weakness on the wider market, with the mid-caps and the blue chips suffering respective falls of 0.6 percent and 0.8 percent. Junior-listed AIM shares buck the weak trend, up 0.5 percent. Asian Citrus sheds 1.1 percent after cutting its dividend by

Produce Investments Profits Boosted By Price Increases; Ups Dividend By 50%

Wednesday broker round-up UPDATE

Amara Mining: Westhouse Securities lowers target price from 124p to 110p, while reiterating a buy recommendation. Ashtead: Canaccord Genuity ups target price to 170p and keeps a buy recommendation. Bellway: Deutsche Bank revises target price from 1381p to 1395p and reiterates a hold recommendation

Produce Investments records loss as wet weather hits potato crops

Potato company Produce Investments on Friday reported a loss as wet weather in 2012 impacted crops and pushed up costs. The group posted an operating loss of £0.68m for the 26 weeks to December 29th, 2012, down from the prior year's profit of £4.76m. Chief Executive Angus Armstrong said high rai