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Pin to quick picksPennon Share News (PNN)

Share Price Information for Pennon (PNN)

London Stock Exchange
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Share Price: 698.50
Bid: 702.50
Ask: 703.50
Change: 9.50 (1.38%)
Spread: 1.00 (0.142%)
Open: 687.00
High: 709.00
Low: 687.00
Prev. Close: 689.00
PNN Live PriceLast checked at -

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PRESS: Pennon Readies Sale Of Waste Management Arm Viridor - Telegraph

Mon, 13th Jan 2020 08:45

(Alliance News) - Pennon Group PLC's shares rose on Monday after the Daily Telegraph reported that the water company's Viridor waste management arm is set to be put up for sale.

Citing "City sources", the newspaper said Pennon rejected a bid from US private equity fund KKR early in 2019 that was an attempt to jump-start the sale process for Viridor.

Now, banks Morgan Stanley and Barclays have been appointed to run the process at a valuation for Viridor of GBP4 billion, the newspaper said.

https://www.telegraph.co.uk/business/2020/01/11/us-private-equity-firm-kkr-makes-surprise-4bn-bid-viridor/

Pennon shares were up 9.5% at 1,103.02 pence, the second best performer in the FTSE 250 on Monday, giving the entire company a GBP4.64 billion market capitalisation.

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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29 Jun 2023 16:57

LONDON MARKET CLOSE: FTSE 100 underwhelms as utilities decline

(Alliance News) - London's FTSE 100 underperformed again on Thursday, with share price falls for utility stocks and retailer B&M leading the index lower, though peers in Europe largely shook off recent hawkish comments from central bankers.

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29 Jun 2023 12:09

LONDON MARKET MIDDAY: Central bank hawkishness keeps mood downbeat

(Alliance News) - Stock prices in London remained in the red at midday on Thursday, with hawkish rhetoric from central banking chiefs dampening market mood.

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28 Jun 2023 14:26

UK holds crisis talks as top water supplier seeks cash

State could take temporary ownership of Thames Water - Sky

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15 Jun 2023 09:12

LONDON BROKER RATINGS: Goldman Sachs cuts Diageo to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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9 Jun 2023 09:38

LONDON BROKER RATINGS: Stifel thinks B&M shares offer value

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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5 Jun 2023 09:06

LONDON BROKER RATINGS: Deutsche says 'buy' Rio Tinto, Restaurant Group

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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1 Jun 2023 09:11

TOP NEWS: Pennon hikes dividend despite swing to loss amid costs rise

(Alliance News) - Pennon Group PLC on Thursday reported a swing to loss for financial 2023 despite revenue rising.

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1 Jun 2023 08:03

LONDON BRIEFING: Higher open as US debt limit bill passes House

(Alliance News) - Stocks in London opened higher on Thursday, after the US debt ceiling bill passed the vote in the House of Representatives.

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1 Jun 2023 07:01

Higher costs and drought hit profits at Pennon

(Sharecast News) - Pennon Group said on Thursday that it swung to a full-year loss as higher costs and the long hot summer weighed heavily.

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25 May 2023 15:47

UK earnings, trading statements calendar - next 7 days

Friday 26 May 
Amaroq Minerals LtdQ1 Results
Associated British EngineeringHalf Year Results
Caffyns PLCFull Year Results
CT Capital & Income Investment Trust PLCHalf Year Results
HarbourVest Global Private Equity LtdFull Year Results
IntegraFin Holdings PLCHalf Year Results
Volvere PLCFull Year Results
Worldwide Healthcare Trust PLCFull Year Results
Monday 29 May 
no events scheduled 
Tuesday 30 May 
Corre Energy BVFull Year Results
Greencore Group PLCHalf Year Results
Hollywood Bowl Group PLCHalf Year Results
Oxford BioDynamics PLCHalf Year Results
Silver Bullet Data Services Group PLCFull Year Results
Softcat PLCTrading Statement
SpaceandPeople PLCFull Year Results
Tremor International LtdQ1 Results
Wednesday 31 May 
B&M European Value Retail SAFull Year Results
Bloomsbury Publishing PLCFull Year Results
DP Eurasia NVTrading Statement
Impax Asset Management Group PLCHalf Year Results
Ithaca Energy PLCQ1 Results
NWF Group PLCTrading Statement
Premier Miton Group PLCHalf Year Results
Tern PLCFull Year Results
WH Smith PLCTrading Statement
Thursday 1 June 
Auto Trader Group PLCFull Year Results
Dr Martens PLCFull Year Results
Pennon Group PLCFull Year Results
Trinity Exploration & Production PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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24 May 2023 10:57

UK's Severn Trent plans over $1 bln investment to improve environmental standards

May 24 (Reuters) - British water supplier Severn Trent plans capital investment of up to 1 billion pounds ($1.3 billion) to boost its environmental standards and expand its network, it said on Wednesday, as the sector faces increased regulatory scrutiny.

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23 May 2023 09:07

UK regulator investigates Pennon's South West Water over leakages

May 23 (Reuters) - Water industry regulator Ofwat said on Tuesday it has started an enforcement investigation into British water firm Pennon's South West Water, relating to its leakage performance.

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23 May 2023 08:27

Pennon's South West Water probed by Ofwat on leakage information

(Alliance News) - Pennon Group PLC on Tuesday said that the UK water industry regulator Ofwat has launched an investigation into South West Water.

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23 May 2023 07:57

LONDON BRIEFING: Stocks lower; Altice ups BT stake to 24.5%

(Alliance News) - Stocks in London were called to open lower on Tuesday, as US politicians continue to argue over the nation's debt ceiling and ahead of a slew of PMI releases.

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23 May 2023 07:26

Ofwat launches probe into Pennon over leakage data

(Sharecast News) - Ofwat said on Tuesday that it has launched an investigation into South West Water's leakage data, weighing on owner Pennon Group's shares.

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