The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTopps Tiles Share News (TPT)

Share Price Information for Topps Tiles (TPT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 42.90
Bid: 41.80
Ask: 42.90
Change: 0.70 (1.66%)
Spread: 1.10 (2.632%)
Open: 42.00
High: 43.00
Low: 41.80
Prev. Close: 42.20
TPT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

SMALL-CAP WINNERS & LOSERS: Nanoco soars on Samsung settlement

Fri, 06th Jan 2023 09:49

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

----------

SMALL-CAP - WINNERS

----------

Nanoco Group PLC, up 47% at 62.60 pence, 12-month range 16.05p - 72.60p. The quantum dot developer says that it has agreed a term sheet for a no-fault settlement with Korean electronics firm Samsung Electronics Co. Nanoco had claimed that Samsung infringed on its unique synthesis and resin capabilities for quantum dots. Quantum dot technology is used on Samsung QLED televisions. QLED stands for quantum light-emitting diode. The two firms now have 30 days to agree the terms of a binding agreement. They have jointly requested a stay to the trial that was scheduled on Friday in order to allow time for this agreement to be finalised.

----------

SMALL-CAP - LOSERS

----------

Topps Tiles PLC, down 6.0% at 45.10 pence, 12-month range 37.00p - 67.60p. The tile retailer says it has become aware that MS Galleon GmbH has been contacting some of its shareholders individually with information which contradicts previous statements made to Topps Tiles about the link between sourcing and MS Galleon's interest in the firm. Topps Tiles says it believes MS Galleon may be preparing to launch its Nexterio tile retail brand in the UK, establishing a competitor to Tops Tiles and thus creating a "further material conflict of interest" around sourcing. Notes that over 41% of Topps Tiles shareholders have now committed to vote against the requisitioned resolutions served by MS Galleon at its annual general meeting on January 18. These resolutions request that Chair Darren Sharpland be removed from office, and that Lidia Wolfinger and Michal Martusiak be appointed as non-executive directors. Wolfinger and Bartusiak are both employees of companies owned by MS Galleon. MS Galleon currently holds 30% of Topps Tiles.

----------

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
15 Jan 2020 16:07

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
9 Jan 2020 13:11

Thursday broker round-up

(Sharecast News) - Computacenter: UBS downgrades to sell with a target price of 1,800p.

Read more
8 Jan 2020 10:32

Topps Tiles pins blame on political uncertainty as Q1 sales fall

(Sharecast News) - Tile specialist Topps Tiles reported a decline in first-quarter revenue on Wednesday, pinning the blame on political and economic uncertainty in the run-up to the general election.

Read more
8 Jan 2020 08:50

Topps Tiles Outlook Confident Despite Retail Revenue Fall In Quarter

Topps Tiles Outlook Confident Despite Retail Revenue Fall In Quarter

Read more
12 Dec 2019 16:11

UK Dividends Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

Read more
26 Nov 2019 10:34

Topps Tiles Warns On Dampening Consumer Confidence Due To Election

Topps Tiles Warns On Dampening Consumer Confidence Due To Election

Read more
26 Nov 2019 09:22

UK BROKER RATINGS SUMMARY: HSBC Upgrades Hiscox; Citigroup Cuts Aviva

UK BROKER RATINGS SUMMARY: HSBC Upgrades Hiscox; Citigroup Cuts Aviva

Read more
26 Nov 2019 07:47

Topps Tiles highlights 'more challenging' recent trading conditions

(Sharecast News) - Topps Tiles reported a decline in full-year profit on Tuesday as it warned that the start of the new financial year had been hit by more challenging trading conditions as the upcoming general election weighs on consumer demand.

Read more
19 Nov 2019 16:09

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
5 Nov 2019 10:23

Topps Tiles CEO Matt Williams to step down

(Sharecast News) - Tile specialist Topps Tiles said on Tuesday that chief executive Matt Williams has decided to step down from the board on 29 November following the release of the company's full-year results.

Read more
5 Nov 2019 09:31

Topps Tiles CEO Matt Williams To Depart, Replaced By Finance Chief

Topps Tiles CEO Matt Williams To Depart, Replaced By Finance Chief

Read more
2 Oct 2019 10:37

WINNERS & LOSERS SUMMARY: Bookmakers Rise As Flutter Plans Mega Merger

WINNERS & LOSERS SUMMARY: Bookmakers Rise As Flutter Plans Mega Merger

Read more
2 Oct 2019 09:58

Topps Tiles Full-Year Earnings To Decline Amid Tough Market Conditions

Topps Tiles Full-Year Earnings To Decline Amid Tough Market Conditions

Read more
2 Oct 2019 08:12

UPDATE 1-Weak consumer demand dents Topps Tiles' quarterly sales

(Adds details on outlook, CEO and analyst comments, background)Oct 2 (Reuters) - Britain's biggest tile retailer Topps Tiles on Wednesday reported lower fourth-quarter like-for-like sales, hit by a shaky economy and political turmoil that has squa...

Read more
2 Oct 2019 07:55

Topps Tiles slumps as fourth-quarter sales drop

(Sharecast News) - Shares in Topps Tiles slumped on Wednesday after the tile specialist said like-for-like sales in the fourth quarter dipped as consumer confidence was hit by political uncertainty.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.