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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
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Share Price: 260.00
Bid: 252.00
Ask: 262.00
Change: 14.00 (5.69%)
Spread: 10.00 (3.968%)
Open: 238.00
High: 260.00
Low: 238.00
Prev. Close: 246.00
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.

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DIRECTOR DEALINGS: Zegona Communications CFO And COO Buy Shares

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11 Jul 2016 11:16

DIRECTOR DEALINGS: Zegona Communications CFO And COO Buy Shares

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7 Jul 2016 08:51

DIRECTOR DEALINGS: Zegona Chief Executive Buys Shares

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22 Jun 2016 10:38

Zegona posts ongoing growth at Telecable subsidiary

(ShareCast News) - Zegona Communications posted quarterly results for its primary investment on Wednesday, the northern Spanish cable network operator Telecable, with solid growth in both revenue and earnings. The AIM-traded firm said revenue grew 5.7% to €34.9m in the three months ending 31 March,

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22 Jun 2016 07:13

Zegona Terminates Talks For Yoigo, Sees Strong First Quarter

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20 Jun 2016 07:32

Zegona Communications To Progress Talks For Yoigo, Despite New Bidder

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1 Jun 2016 15:42

Zegona Communications Says Exclusivity Period With TeliaSonera Expired

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8 Apr 2016 15:05

AGM, EGM Calendar - Week Ahead

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7 Apr 2016 08:46

Marwyn Value Investors Net Asset Value Slumps On Investee Price Falls

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18 Mar 2016 14:52

Zegona in talks to acquire Spanish mobile network Yoigo

(ShareCast News) - Zegona Communications confirmed press speculation it was in very early talks to acquire Spanish mobile operator Yoigo on Friday, but warned the market nothing was set in stone. The AIM-traded communications firm said it had entered into an exclusivity agreement with Yoigo's parent

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18 Mar 2016 13:25

Zegona Communications Confirms Potential Acquisition Of Yoigo

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8 Mar 2016 11:44

Zegona Communications Sees Accelerating Growth Ahead For Telecable

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20 Jan 2016 09:39

Zegona Says Recent Acquisition Telecable Trading As Expected

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30 Sep 2015 11:35

Zegona Communications Performing In Line, Reports Maiden Interims

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24 Sep 2015 14:39

Zegona Communications Move To London Main Market From AIM Delayed (ALLISS)

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