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Pin to quick picksXps Pensions Share News (XPS)

Share Price Information for Xps Pensions (XPS)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 370.00
Bid: 371.00
Ask: 372.00
Change: -5.00 (-1.33%)
Spread: 1.00 (0.27%)
Open: 368.00
High: 377.00
Low: 367.00
Prev. Close: 375.00
XPS Live PriceLast checked at -

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eXpansys Buys Two Firms For GBP38M; Raises GBP30M In Placing

Tue, 06th Jul 2010 08:02

LONDON (Dow Jones)--Online consumer electronics retailer eXpansys PLC (XPS.LN) Tuesday said it has bought two businesses controlled by major shareholder and entrepreneur Peter Jones for GBP38 million as part of its plan to build a global online technology superstore. The purchases of Data Select Network Solutions Ltd. and PJ Media Ltd. is being largely paid for by a placing of 535,714,286 new shares at 5.6 pence each to raise GBP30 million. As a result of the placing Peter Jones' stake in eXpansys will fall to 43% from 75%. Jones--well known for his role on the entrepreneur television show Dragons Den--will also join the board of eXpansys as a non-executive director while Bob Wigley, chairman of directories firm Yell Group PLC (YELL.LN), will join as non-executive chairman. Chief Executive Anthony Catterson--the former managing director of the U.K. retail business of Carphone Warehouse Group PLC (CPW.LN)--joined in January. As the deal qualifies as a reverse takeover of eXpansys, it will need shareholder backing at a meeting July 23. eXpansys also Tuesday reported a pretax loss of GBP2.7 million for the year ended April 30, down from GBP3.8 million a year earlier. Revenue rose to GBP50.7 million from GBP47 million. -By Rachael Gormley, Dow Jones Newswires; 44-20-7842-9308; rachael.gormley@dowjones.com Order free Annual Report for Yell Group Visit http://djnweurope.ar.wilink.com/?ticker=GB0031718066 or call +44 (0)208 391 6028 (END) Dow Jones Newswires July 06, 2010 03:02 ET (07:02 GMT)
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6 Jun 2011 15:32

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6 Jun 2011 12:01

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6 Jun 2011 08:24

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6 Jun 2011 08:00

EXPANSYS warns on profits amid tough UK trading

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15 Mar 2011 10:21

Expansys signs T-Mobile deal in US

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15 Dec 2010 09:12

eXpansys swings into the black

Smartphone retailer eXpansys posted an adjusted first half profit after contributions from two acquisitions and strong sales for smartphones. Adjusted profit before tax increased to £1.4m in the six months to 31 October compared to a loss of £0.2m the same time a year earlier. Revenue was up 61%

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13 Oct 2010 06:48

Wednesday tips round-up: Aveva, Punch, ASOS...

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5 Aug 2010 16:51

Directors buy following Proximagen deal

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6 Jul 2010 17:01

London close: Footsie ends on a high

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6 Jul 2010 16:00

UK SMALLCAP ROUNDUP:Rockhopper Exploration Chairman Builds Stake

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6 Jul 2010 14:03

London afternoon: Rally continues

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6 Jul 2010 12:30

UK SMALLCAP ROUNDUP: Rockhopper Exploration Chmn Builds Stake

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6 Jul 2010 12:24

Dragon's Den star grows eXpansys empire

Peter Jones, one of the hard-nosed businessmen on TV show Dragon's Den, is reversing two of his companies into smartphone retailer eXpansys. The AIM-listed company will pay £38m for SIM card seller Data Select Network Solutions (DSNS) and web design and online marketing firm PJ Media, funded by a

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6 Jul 2010 12:14

London midday: Equities advance on broad front

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