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 picksZegona Com Share News (ZEG)

Share Price Information for Zegona Com (ZEG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 266.00
Bid: 262.00
Ask: 266.00
Change: 6.00 (2.31%)
Spread: 4.00 (1.527%)
Open: 262.00
High: 268.00
Low: 258.00
Prev. Close: 260.00
ZEG 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: Investee deals lift Zegona and Daily Mail

Mon, 29th Mar 2021 10:09

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

----------

SMALL-CAP - WINNERS

----------

Zegona Communications PLC, up 32% at 124.50 pence, 12-month range 79.6p-138p. This 12-month high was hit earlier on Monday. Zegona investee Euskaltel SA receives a EUR11.17 per share takeover bid from MasMovil Ibercom SAU, a portfolio company of private equity funds KKR, Providence and Cinven. Zegona is the largest shareholder in Spanish telecommunications provider Euskaltel, with more than a 21% stake in the firm. MasMovil's offer of EUR11.17 per share in cash values Euskaltel's equity at EUR2.0 billion, equating to an enterprise value of EUR3.5 billion. This values Zegona's stake at EUR428 million.

----------

Daily Mail & General Trust PLC, up 9.4% at 935.00p, 12-month range 601p-997p. The newspaper publisher notes used car buying platform Cazoo Holdings Ltd will become a publicly traded company after agreeing a takeover by a New York-listed special purpose acquisition company. DMGT, which has around a 20% stake in Cazoo, may pocket USD1.35 billion as a result. The deal with publicly-traded vehicle AJAX I gives Cazoo a pro-forma enterprise value of USD7.0 billion and a pro-forma equity value of USD8.1 billion. Each Cazoo share would be valued at USD10.00.

----------

SMALL-CAP - LOSERS

----------

James Fisher & Sons PLC, down 3.1% at 1,155.52p, 12-month range 735p-1,522p. The marine engineering services provider will kick off the search for a new finance chief as Stuart Kilpatrick will leave the role before the end of April. Kilpatrick has held the post of finance director at the marine services company since December 2010. He will step down from April 29, the date of James Fisher's annual general meeting.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
9 Jan 2020 12:08

Aberforth Partners Builds 6% Stake In Zegona Communications

Aberforth Partners Builds 6% Stake In Zegona Communications

Read more
7 Jan 2020 11:45

Zegona Communications Starts GBP10 Million Share Repurchase Programme

Zegona Communications Starts GBP10 Million Share Repurchase Programme

Read more
30 Dec 2019 16:30

Zegona Communications Amends Facility To Extend Drawdown Period

Zegona Communications Amends Facility To Extend Drawdown Period

Read more
18 Dec 2019 15:21

Zegona Investee Euskaltel Secures Agreements With Orange, Telefonica

Zegona Investee Euskaltel Secures Agreements With Orange, Telefonica

Read more
17 Dec 2019 16:35

Fidelity Takes 8% Stake In Zegona Communications As Invesco Slims

Fidelity Takes 8% Stake In Zegona Communications As Invesco Slims

Read more
27 Sep 2019 12:15

Marwyn Value Net Assets Slip In First Half On Zegona Share Price Drop

Marwyn Value Net Assets Slip In First Half On Zegona Share Price Drop

Read more
27 Sep 2019 11:25

Zegona Communications Profit Grows In First Half Amid Euskaltel Gains

Zegona Communications Profit Grows In First Half Amid Euskaltel Gains

Read more
27 Sep 2019 11:23

Zegona Communications' profit jumps following strong investee performance

(Sharecast News) - Zegona Communications on Friday reported a jump in profit before tax after a successful period for its Spanish investee company, Euskaltel.

Read more
2 Aug 2019 14:28

Zegona Comms Proposes 2.5 Pence Interim Dividend From Euskaltel Payout

(Alliance News) - Zegona Communications PLC proposed a 2.5 pence per share interim dividend Friday as it continued to distribute 100% of dividends received from Spanish telecommunications firm SA

Read more
11 Jul 2019 14:17

Zegona Making Progress To Return Euskaltel To Growth

(Alliance News) - Zegona Communications PLC said on Thursday it is making "significant progress" in its plan to return telecommunications company Euskaltel SA to growth.The on was

Read more
3 Jun 2019 16:11

UK Shareholder Meetings Calendar - Next 7 Days

Tuesday 4 JuneSerabi GoldGem DiamondsGym GroupNostrum Oil & Global American 5 (re

Read more
25 Apr 2019 13:44

Zegona Communications Swings To Profit On Euskaltel Income

LONDON (Alliance News) - Zegona Communications PLC reported a swing to a profit in 2018 following a sharp rise in income from its investment in Spanish telecommunications firm Euskaltel is an that

Read more
11 Feb 2019 14:31

Marwyn Asset Management Lowers Zegona Communications Stake (ALLISS)

LONDON (Alliance News) - Zegona Communications PLC said Monday that Marwyn Asset Management Ltd has lowered its stake in the company to 18.9%.Prior to the deal, completed on Monday, Marwyn

Read more
14 Jan 2019 18:00

UPDATE: Marwyn Value Subscribes For GBP10 Million Of Zegona Placing (ALLISS)

LONDON (Alliance News) - Marwyn Value Investors Ltd said Monday it subscribed for GBP10 million of Zegona Communications PLC's GBP100.5 million placing.Shares in Marwyn closed down 0.8%

Read more
14 Jan 2019 17:40

UPDATE: Zegona Communications Raises Over GBP100 Million In Placing (ALLISS)

LONDON (Alliance News) - Zegona Communications PLC confirmed Monday it has raised GBP100.5 million in a share placing worth 76% of its share capital.Zegona placed 95.7 million shares at 105

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.