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Pin to quick picksZegona Com Share News (ZEG)

Share Price Information for Zegona Com (ZEG)

London Stock Exchange
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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 -

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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.

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SMALL-CAP - WINNERS

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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.

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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.

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SMALL-CAP - LOSERS

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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.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
14 Jan 2019 12:28

Zegona Communications Plans Placing To Fund Euskaltel Share Buy (ALLISS)

LONDON (Alliance News) - Zegona Communications PLC said Monday it intends to raise GBP100 million following "good support" from existing and new investors.Zegona plans to the 95.2

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19 Oct 2018 12:22

Zegona Communications Seeks To Double Stake In Spain's Euskaltel (ALLISS)

LONDON (Alliance News) - Telecoms investor Zegona Communications PLC said on Friday it will make a partial tender offer in cash to acquire up to 14.9% of the shares in Spanish telecommunications a

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19 Oct 2018 09:59

Zegona eyes increased stake in Spanish telco Euskaltel

(Sharecast News) - AIM-listed telecommunications and media investor Zegona Communications intend to make a partial tender offer in cash to acquire as much as 14.9% of the outstanding shares in Spanish quadplay provider Euskaltel.

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28 Sep 2018 17:08

Zegona Communications Swings To Interim Profit On Investment Gains

LONDON (Alliance News) - Zegona Communications PLC on Friday reported a swing to profit on increased income due to a gain in fair value on its investments.In the six months ended June, to a

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29 Mar 2018 13:49

Zegona Communications Posts Annual Profit Following Telecable Sale

LONDON (Alliance News) - Zegona Communications PLC on Thursday posted a profit for 2017 following the sale of the Telecable business, and said it has been by the value in fall

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16 Feb 2017 12:18

Zegona declares second dividend for 2016

(ShareCast News) - European telecommunications, media and technology sector investor Zegona declared a second interim dividend for the full year to 31 December on Thursday. The London-listed company had approved a policy to pay a dividend of 4.5p per ordinary share for the full year period to 31 Dec

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21 Nov 2016 10:12

Zegona Expects Annual Revenue Growth, Evaluating Possible Investments

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7 Nov 2016 08:43

Zegona replaces Vodafone Spain with Telefonica

(ShareCast News) - Telecommunications, media and technology investing company Zegona announced on Monday that its operating business, Telecable, had entered into a new mobile access agreement with Telefonica in Spain which will replace the current arrangement with Vodafone. The London-listed firm sa

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7 Nov 2016 07:57

Zegona's Telecable Signs Mobile Access Deal With Telefonica

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18 Oct 2016 08:23

BROKER RATINGS SUMMARY: Merrill Lynch Downgrades Burberry To Neutral

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8 Sep 2016 11:07

DIRECTOR DEALINGS: Zegona Communications CEO Buys 100,000 Shares

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7 Sep 2016 12:34

Telecable boosts Zegona's first half

(ShareCast News) - Zegona Communications posted its interim report for the six months to 30 June on Wednesday, with revenue at its primary operation - the recent Telecable acquisition - up 4.4% to €69.2m, on total group revenue of €70.5m. It was the first full year of ownership of the northern Spain

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7 Sep 2016 09:45

Zegona Says Telecable Performing Well; On Look Out For More Deals

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5 Aug 2016 09:31

DIRECTOR DEALINGS: Zegona Finance Chief Kalika Buys More Shares

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4 Aug 2016 16:18

Director dealings: Zegona chief makes second purchase of the week

(ShareCast News) - Zegona Communications chief executive Eamonn O'Hare continued to top up his stake in the company after the shares were hit by the company walking away from a potential Spanish acquisition. O'Hare, a former chief financial officer of Virgin Media and Tesco UK, has this week spent £

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