Market News - Page 692

The Investment Company plc

Board changes

The Investment Company plc (“TIC” or the “Company”) announces the following changes to the board with effect from 6th July 2018:
· Sir David Thomson, Peter Allen and Stephen Cockburn retire from the board
· Ian Dighé is appointed Non-Executive Chairman
· Tim Metcalfe is appointed Non-Executive Director
Following these changes, the board consists of Ian Dighé, Martin Perrin and Tim Metcalfe….

FireAngel (AIM: FA.), one of Europe's leading developers and suppliers of home safety products, has been notified that on 6 July 2018, Neil Smith, Group Chief Executive Officer, purchased 10,000 Ordinary Shares at 74.7 pence per share. Following this purchase, Mr Smith now has a total beneficial interest in 10,000 Ordinary Shares, representing 0.02% of the current issued share capital of the Company….

Assura plc (“Assura”), the UK's leading primary care property investor and developer, today publishes a trading update for the first quarter to 30 June 2018….

Associated British Foods Plc today issues a trading update for the 40 weeks to 23 June 2018 which summarises the significant trading developments since the last market update….

Rolls-Royce announced today that it has signed an agreement to sell its Commercial Marine business, to KONGSBERG, for an enterprise value of £500m and net proceeds of around £350m to £400m….

Caledonia is a self-managed investment trust company with net assets of £1.9bn. It aims to deliver growth in shareholder capital measured over the long term and in annual dividends. It invests in businesses and funds, both listed and private, in a range of sectors and regions. Caledonia presents a report of its activities for the quarter ended 30 June 2018 and up to the date of publication….

First Quarter Trading Statement for the 16 weeks to 30 June 2018

Total retail sales up 0.8 per cent (excl. fuel) with like-for-like sales up 0.2 per cent (excl. fuel)
Grocery sales grew 0.5 per cent with Groceries Online and Convenience up 7.3 per cent and 3.6 per cent respectively
General Merchandise sales grew by 1.7% and Clothing sales grew by 0.8%, both outperforming the market…

McKay Securities PLC, the only UK REIT specialising exclusively in the London and South East office and industrial markets, announces its trading update for the quarter to 30th June 2018 ahead of its 72nd Annual General Meeting to be held at 3:00pm today….