News And Announcements
3i Infrastructure announces special dividend, share consolidation
In an update to the market on Wednesday, 3i Infrastructure confirmed a £425m special dividend after realising its investments in Elenia and Anglian Water Group, which generated "exceptional value” for shareholders.
BGEO's Bank of Georgia signs loan deal with Symbiotics
BGEO Group announced on Wednesday that its banking business subsidiary, JSC Bank of Georgia, has signed a loan agreement with Symbiotics - a Swiss investment company active in emerging and frontier economies.
Unite profit jumps, launches placing to fund two projects
FTSE 250 student accommodation provider Unite Group posted a jump in full-year profit as it announced plans for a placing of up to 22. 2m new shares to raise around £170m to fund two university projects.
AA slams brakes on dividend as it swerves in new direction
The AA slashed its dividend as the roadside assistance group warned profits would be lower as it makes a strategic swerve down a new route.
Hochschild Mining earnings drop but production set to jump
Hochschild Mining reported a drop in full-year profit and earnings on Wednesday despite a rise in revenue, as it said production is expected to double this year.
Metro Bank posts first annual profit
Metro Bank reported record full-year results on Wednesday, along with its first annual profit as customer accounts pushed past the 1 million mark.
Barratt Developments remains on top of market in first half
Housebuilder Barratt Developments posted its interim results on Wednesday, reporting strong operational and financial performance driven by customer demand.