1 Mar 2016 08:07
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Don't have an account? Click here to register.Regus CEO places 37m shares
Tue, 20th Sep 2016 09:01
(ShareCast News) - Mark Dixon, the founder and chief executive officer of flexible workspace provider Regus is selling 37m shares, equivalent to a 4% stake in the company, in an accelerated bookbuild.The shares are being placed at 275p each, with JPMorgan Cazenove acting as sole bookrunner. The placing will take Dixon's stake down to 27.7% from 31.7%.Back in May 2015, Dixon placed 30m shares in the company at 245p per share.Olivetree said: "As is typical with these types of executive sell downs, many will question the motivations behind such a sale however it is worth noting that Dixon has sold down on several occasions in the past, with the stock making new highs in the aftermath."It said the stock has been particularly well liked in the sector over the last couple of years, but recent Brexit worries and faltering business confidence have weighed on leasing figures on a constant currency basis, with the stock 17% below its November 2015 highs following an indifferent reception to first-half numbers in August. At 0920 BST, Regus shares were down 5.6% to 273.50p..
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23 Feb 2016 16:08
10 Dec 2015 15:52
Thursday broker round-up
(ShareCast News) - Anglo American: Nomura slashes target from 780p to 370p but reiterates reduce. Royal Mail: Morgan Stanley stays at buy with 420p target price. Enquest: Canaccord Genuity lowers target from 30p to 25p but keeps at hold. Entertainment One: JP Morgan reiterates overweigh and nudges
Read more6 Nov 2015 18:34
RPT-After HomeAway, fewer options to bet directly on sharing economy
(Adds byline) By Noel Randewich SAN FRANCISCO, Nov 6 (Reuters) - It is about to get even harder for stock market investors to make direct bets on the small but fast-growing sharing economy that has gained attention from the runaway success of Uber and Airbnb. Expedia's deal to buy vac
Read more3 Nov 2015 08:04
Regus third quarter revenue rises despite FX headwinds
(ShareCast News) - Workplace provider Regus reported a rise in third-quarter revenue and said it remains confident in the outlook for the business. For the three months to 30 September, group revenue rose to £478.8m from £413.6m in the same period last year, despite currency headwinds. For the nine
Read more27 Oct 2015 16:18
28 Sep 2015 07:21
London pre-open: CEBR pushes back forecast for first rate rise
(ShareCast News) - Equities were expected to start the week slightly lower, weighed down by the mixed close to US trading on Friday, ahead of speeches from several Fed speakers and the latest US non-farm payrolls reports looming large on the horizon. The Footsie was seen starting the day about 26 po
Read more28 Sep 2015 07:10
Dominik de Daniel appointed Regus CFO and COO
(ShareCast News) - Regus has announced Dominik de Daniel will take over from Dominique Yates as chief financial officer. The FTSE 250 listed company announced Monday de Daniel will also take up the new role of chief operating officer as well as director of the company. De Daniel previously has been
Read more25 Sep 2015 15:01