Market News - Page 701

Royal Mail Group Plc will appeal Ofcom's decision taken under its Competition Act powers which was announced today. The decision relates to a price change announced in 2014 – which was never implemented or paid – under Royal Mail's Access1 Letters Contract….

HIGHLIGHTS
• During the first half of 2018, the Company's net asset value (NAV) total return was +1.11% in line with the benchmark return of +1.06%.
• The share price total return was +2.0%, as the discount narrowed from 1.6% at the end of 2017 to 0.7% at the end of June.
• A second interim quarterly dividend of 5.25p per ordinary share will be paid in September. Total dividends paid in respect of the period are 10.5p per ordinary share (2017: 9.5p).
• Eight of the ten external managers outperformed, as did the portfolio of direct holdings….

Netcall plc (AIM: NET), a leading provider of Low-code and customer engagement software, is pleased to announce that it has secured a minimum £1.6 million 3 year contract renewal with a leading UK bank (the “Customer”) for its Low-code platform, MATS….

Further to the Company's announcement on 3 July 2018, the board of Phaunos (the “Board”) announces that it is today publishing its response circular (the “Response Circular”) in connection with the unsolicited cash offer made by Stafford Capital Partners Limited (“Stafford”) to acquire the entire issued and to be issued share capital of the Company (the “Offer”).

…

FireAngel, one of Europe's leading developers and suppliers of home safety products, announces the launch of its extended FireAngel Connect product range….

SEGRO plc (“SEGRO” or “the Company”) has signed an agreement with a group of institutional investors for a private placement of €300 million 10 year and 15 year senior unsecured notes….

After an exceptional year of investment in 2017 the first half of 2018 was a period of transition with the focus of the business being on developing the new capacity in our brewery and on building the proposition at the Swan.Turnover has continued to grow well and at £35.5m it is up by 7.1% on 2017. Adnams own beer volumes are up by 4.8% on 2017, and own spirits are up by 6.3%. The board has agreed an unchanged interim dividend of 78p per “B” share and 19.5p per “A” share….

UNAUDITED HALF YEAR RESULTS FOR THE SIX MONTHS ENDED 30TH JUNE 2018…