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: 254.00
Bid: 256.00
Ask: 268.00
Change: -6.00 (-2.31%)
Spread: 12.00 (4.688%)
Open: 264.00
High: 264.00
Low: 254.00
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: McColl's Retail sinks after fundraise

Fri, 13th Aug 2021 11:16

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

----------

SMALL-CAP - WINNERS

----------

Zegona Communications PLC, up 1.1% at 149.68 pence, 12-month range 93.00p-150.00p. The media investor says that it plans to return GBP329.3 million to shareholders via a tender offer, after the sale of Euskaltel SA. Under the tender offer, shareholders can sell up to 98% of their shares at 153.50p each, which is a 3.7% premium to Thursday's closing price of 148.00p.

----------

SMALL-CAP - LOSERS

----------

McColl's Retail Group PLC, down 5.1% at 20.50p, 12-month range 20.00p-40.80p. Shares in the convenience store operator hit 12-month low on discounted share placing. Says it has successfully raised GBP30 million as it looks to invest in its store estate and boost its partnership with grocer Wm Morrison Supermarkets PLC. McColl's places 150 million new shares at 20.00p each. The price represents a discount of 31% to the closing price of 29.00p per share on Wednesday. The GBP30 million raised is only marginally short of McColl's existing GBP33.4 million market capitalisation. Morrisons shares were up 0.5%.

----------

Wheaton Precious Metals Corp, down 3.3% at 3,065.00p, 12-month range 25.16p-3,137.00p. The precious metal mining investor late on Thursday maintained its full-year production guidance after reporting surges in revenue and profit in the second quarter. Wheaton made revenue of USD330.4 million in the second quarter of 2021, up 33% year-on-year from USD248.0 million. Pretax profit rose 64% to USD165.2 million from USD101.0 million. "Wheaton once again delivered strong results in the second quarter and remains well on track to achieve 2021 guidance of 720,000 to 780,000 gold equivalent ounces," Chief Executive Randy Smallwood said.

----------

Stock Spirits Group PLC, down 0.5% at 383.22p, 12-month range 190.20p-391.05p. Shares had jumped 44% on Thursday. Stock Spirits said on Thursday it accepted private equity firm CVC Funds's takeover offer of 377.00p per share, representing a premium of 41% on the stock's 268.00p closing price on Wednesday. The takeover is expected to complete within the next three to six months, CVC said. Berenberg cuts the distiller to Hold from Buy and lowers its price target to match the offer price.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
5 Oct 2020 21:04

IN BRIEF: Zegona Says New Euskaltel Board Brings "Greater Dynamism"

IN BRIEF: Zegona Says New Euskaltel Board Brings "Greater Dynamism"

Read more
1 Oct 2020 16:25

UK EARNINGS SUMMARY: Hydrodec Forms Joint Venture As Refinancing Nears

UK EARNINGS SUMMARY: Hydrodec Forms Joint Venture As Refinancing Nears

Read more
22 Sep 2020 13:28

Tuesday broker round-up

(Sharecast News) - Imperial Brands: RBC Capital Markets upgrades to outperform with a target price of 1,900.0p.

Read more
4 Sep 2020 11:25

Zegona Communications Interim Profit Falls On Reporting Change

Zegona Communications Interim Profit Falls On Reporting Change

Read more
4 Sep 2020 06:53

IN BRIEF: Zegona Buys 7,000 Further Shares Under Repurchase Program

IN BRIEF: Zegona Buys 7,000 Further Shares Under Repurchase Program

Read more
24 Jul 2020 14:07

Zegona Investee Euskaltel Posts Quarterly Earnings Growth

Zegona Investee Euskaltel Posts Quarterly Earnings Growth

Read more
10 Jul 2020 15:01

IN BRIEF: Zegona's Investee Euskaltel Refinances EUR215 Million Loan

IN BRIEF: Zegona's Investee Euskaltel Refinances EUR215 Million Loan

Read more
10 Jul 2020 09:05

Zegona investment Euskaltel shores up debt with new term loan

(Sharecast News) - Telecommunications investor Zegona announced on Friday that its investment Euskaltel has replaced its €215m (£192.63m) amortising debt with a new €215m term loan, with no amortisation before December 2023.

Read more
10 Jun 2020 08:15

Zegona announces dividend after Euskaltel distribution

(Sharecast News) - Zegona Communications announced a £5.7m dividend payment on Wednesday, after shareholders of Euskaltel approved a 17 euro cent (15p) dividend per share on 2 June, to be paid in July.

Read more
14 May 2020 17:18

Zegona Annual Profit Soars As Euskaltel Investment Pays Off

Zegona Annual Profit Soars As Euskaltel Investment Pays Off

Read more
13 May 2020 13:10

UK EXECUTIVE CHANGE SUMMARY: R&Q Taps Shore Capital Markets Co-Founder

UK EXECUTIVE CHANGE SUMMARY: R&Q Taps Shore Capital Markets Co-Founder

Read more
11 Mar 2020 13:54

Zegona's Euskaltel Aiming For 80% Revenue Surge Over Next Five Years

Zegona's Euskaltel Aiming For 80% Revenue Surge Over Next Five Years

Read more
26 Feb 2020 11:50

Zegona's Euskaltel In Earnings Growth Amid Orange, Telefonica Deals

Zegona's Euskaltel In Earnings Growth Amid Orange, Telefonica Deals

Read more
12 Feb 2020 11:37

Zegona Communications Notes Euskaltel Agreement To Use Virgin Brand

Zegona Communications Notes Euskaltel Agreement To Use Virgin Brand

Read more
16 Jan 2020 17:56

Zegona Hires Two New Directors, Murray Scott Steps Down

Zegona Hires Two New Directors, Murray Scott Steps Down

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.