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05-Aug-19 16:33:51 4.50 100,000 Sell* 4.20 5.45 4,500 O
01-Aug-19 16:04:45 4.50 100,000 Sell* 4.22 5.00 4,500 O
31-Jul-19 16:34:26 4.50 100,000 Sell* 4.20 5.45 4,500 O
30-Jul-19 16:23:10 4.50 100,000 Sell* 4.22 5.00 4,500 O
With a director trade occurring there will be decent news but not for six months from that deal as it would break all sorts of rules on insider trading. So it will be a bit quiet for a while unless people speculate on the news.
CPP has been advised that Jason Walsh, Chief Executive Officer has purchased a total of 300,000 ordinary shares of 1 pence each in the Group (the "Ordinary Shares"). Following the purchase, Jason Walsh has a total beneficial interest in 732,854 Ordinary Shares, representing approximately 0.08% of the issued share capital of the Group. Paid 4.77 a share
Special resolutions passed:
To authorise the Company to purchase its own shares*
To disapply pre-emption rights*
https://www.legislation.gov.uk/ukpga/2006/46/part/17/chapter/3/crossheading/disapplication-of-preemption-rights
The Group confirms that the Adjusted Loss Before Tax1 to be recognised is still anticipated to be within the range of £7.35 million and £7.85 million.
Adjusted Loss Before Tax excludes charges for Share Based Payments, gains or losses on derivative contracts, and, for Financial Year 2018, exceptional restructuring costs, provisions made on first adoption of IFRS9, and the professional costs related to the accounting review. The loss assumes that there will be no restatement of prior periods required as a consequence of the accounting review.
The share sales do look suspicious as they are nice round numbers with no odd bits, 30k 25k 50k in volume each time.
Could be news on the way and the share holders with millions of these pushing the price down for their friends to make a quick buck when it lands.
Financial highlights - continuing operations 31 December 2017 31 December 2016 Revenue (� millions) 91.4 73.6 Operating profit/(loss) (� millions) � � - Statutory 3.5 (1.8) - Underlying1 3.9 8.4 Profit/(loss) after tax (� millions) � � - Statutory 4.6 (0.5) - Underlying2 4.8 8.9 Earnings/(loss) per share (pence) � � - Basic 0.54 (0.06) - Diluted 0.52 (0.06) Net assets (� millions) 15.0 10.1 Net funds (� millions)3 31.5 26.9 1.���� Underlying operating profit excludes exceptional items of �0.1 million (2016: �9.2 million). Further detail is provided in note 5 to the condensed financial statements. Underlying operating profit also excludes �0.3 million (2016: �1.0 million) Matching Share Plan (MSP) charges. 2.���� Underlying profit after tax excludes exceptional items net of tax of �nil (2016: �8.7 million credit) and MSP charges net of tax of �0.3 million (2016: �0.7 million). 3.���� Net funds comprise cash and cash equivalents of �31.5 million (2016: �28.2 million). The Group does not have any borrowings at 31 December 2017 (2016: �1.3 million). Unrestricted cash of �31.5 million (2016: �9.5 million) represents the Group's cash and cash equivalents less cash held for regulatory purposes. Cash and cash equivalents restricted in the prior period for either regulatory purposes or by the terms of the Voluntary Variation of Permissions (VVOP) was �18.7 million.