SUR.L Share News (SUR)

IN BRIEF: Scheme to facilitate Sureserve takeover becomes effective

Sureserve Group PLC - Basildon, Essex-based compliance and energy services provider - Says court-sanctioned scheme of arrangement to facilitate takeover by Cap10 Partners has become effective. Notes trading in shares was suspended today and the cancellation of admission to trading of Sureserve shares on AIM is expected on Wednesday.

IN BRIEF: Sureserve shares suspended pending an announcement

Sureserve Group PLC - Basildon, Essex-based compliance and energy services provider - Trading of its shares on AIM has been temporarily suspended, "pending an announcement".

TRADING UPDATES: Tintra in Rwandan push, Steepe Cement profit flat

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Ocean Harvest CFO Crockett to leave in June

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

IN BRIEF: Sureserve bolsters order book as profit and revenue jump

Sureserve Group PLC - Basildon, Essex-based compliance and energy services provider - Reports revenue in the six months to March 31 increased 23% to GBP155.3 million from GBP126.2 million the year prior with pretax profit of GBP6.7 million, up 56% from GBP4.3 million. Adds adjusted basic earnings per share climbed by 3.3% to 3.1 pence from 3.0 pence while the order book jumped 11% to GBP567.7 million from GBP512.1 million. Says the order book provides good visibility of revenue streams with 98% of financial year 2023 expected revenue covered by the order book.

LONDON MARKET CLOSE: Europe up but New York set for tepid end to week

(Alliance News) - Blue-chip stocks in Europe closed higher on Friday, though the FTSE 100 underperformed, held back by its mining sector.

LONDON MARKET MIDDAY: Stocks mixed; new listing Dowalis tops FTSE 100

(Alliance News) - Stock prices in London were mixed at midday on Friday as uneven growth in the UK private sector suggested to markets that another rate hike by the Bank of England next month is an "increasingly done deal".

UPDATE: North Atlantic Smaller Cos "pleased" with Sureserve takeover

(Alliance News) - North Atlantic Smaller Cos Investment Trust PLC on Friday said it was "pleased" with Sureserve Group PLC, after it said it has reached a takeover agreement with Cap10 Partners.

AIM WINNERS & LOSERS: Sureserve up on GBP214.1 million takeover offer

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

Cap10's 125p a share offer for Sureserve 'looks cheap', says Peel Hunt

(Sharecast News) - French private equity firm Cap10's £214.1m offer for social housing energy services provider Sureserve "looks cheap" but is likely to succeed, Peel Hunt said on Friday.

TOP NEWS: Sureserve surges on Cap10 GBP214 million takeover deal

(Alliance News) - Energy services provider Sureserve Group PLC on Friday said it has reached a takeover agreement with Cap10 Partners.

LONDON MARKET OPEN: FTSE 100 down as miners and poor UK data weigh

(Alliance News) - Stock prices in London opened lower on Friday, as disappointing retail sales data showed that UK consumers are still being squeezed by high inflation and cost-of-living pressures.

LONDON BRIEFING: Network International receives another, better offer

(Alliance News) - Stocks in London are set to open lower on Friday, as central bankers on both sides of the Atlantic pointed to further rate hikes and UK retail sales data disappointed.

French PE firm Cap10 to buy Sureserve in £214m deal

(Sharecast News) - Social housing energy services provider Sureserve has agreed to be bought by French private equity firm Cap10 in a £214.1m deal.