Market Tracker weekly round-up—7 July 2017

Market Tracker weekly round-up—7 July 2017

Weekly round-up of the latest corporate announcements, including a takeover of Novae Group plc, an IPO by Sherborne Investors (Guernsey) C Limited, a demerger by BGEO Group plc, secondary offers by Ultra Electronics Holdings plc, Proactis Holdings plc, Future plc, returns of value by SSE plc, WH Smith plc and Kingfisher plc, LR/AIM Rules by Centaur Media plc, CityFibre Infrastructure Holdings plc, RM2 International S.A and an AGM notice from BHP Billiton plc.

New deals (and AGMs) announced:

AGMs

Announcement date Company Key information
4 July 2017 BHP Billiton plc BHP Billiton has announced its 2017 AGM will be held on 18 October 2017.

Demergers

Announcement date Company Key information
3 July 2017 BGEO Group plc BGEO Group announced its intention to demerge BGEO Group into a London-listed banking business (Bank of Georgia Group plc) and a London-listed investment business (BGEO Investments plc).
The board of BGEO Group believes a demerger of the businesses will deliver additional long-term value to shareholders by creating two distinct entities, each of which will have enhanced growth opportunities in the strongly growing Georgian economy.

IPOs

Announcement date Issuer Key information
5 July 2017 Sherborne Investors (Guernsey) C Limited Sherborne Investors (Guernsey) C announced that it has published a prospectus in relation to its initial public offering, comprising a placing of shares and the proposed admission of such shares to trading on the Specialist Fund Segment of the London Stock Exchange plc.
The company will issue up

Subscription Form

Related Articles:
Latest Articles:

Already a subscriber? Login
RELX (UK) Limited, trading as LexisNexis, and our LexisNexis Legal & Professional group companies will contact you to confirm your email address. You can manage your communication preferences via our Preference Centre. You can learn more about how we handle your personal data and your rights by reviewing our  Privacy Policy.

Access this article and thousands of others like it free by subscribing to our blog.

Read full article

Already a subscriber? Login

About the author: