Market News - Page 730

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….

The Company today announces that certain PDMRs and an employee have exercised options over 4,824,421 ordinary shares of 0.1 pence each in the capital of the Company (“Ordinary Shares”). Martin Harrison, CEO, exercised 3,000,000 options under the Company's 2015 Enterprise Management Incentive Scheme (“EMI”), at an exercise price of 7.75 pence per share. Furthermore, he also exercised 957,000 options under the Company's 2016 Growth Share Scheme (“GSS”), in accordance with the terms of the scheme. These options have vested in full with the Company having achieved the relevant performance criteria in 2014 and 2016. Mr Harrison subsequently sold 3,000,000 Ordinary Shares at 70 pence per share….

B.P. Marsh & Partners Plc (AIM: BPM), the niche venture capital provider to early stage financial services businesses, announces that CBC UK Limited (“CBC”) has completed the 100% acquisition of PBS Insurance Limited (“PBS”)….