Market News - Page 781

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”)….

Nestlé's Board of Directors and management team are implementing an accelerated long-term value creation strategy for one of the world's leading global consumer goods companies. Through swift and decisive action, the company's Board and management are delivering results. …

McBride plc, the leading European manufacturer and supplier of Co-manufactured and Private Label products for the Household and Personal Care market, provides the following trading update for the twelve months ending 30 June 2018….

Entertainment One Ltd. is pleased to announce that further to its initial investment in 2015, the Group has completed the purchase of the remaining stake in leading feature film production and global sales company Sierra Pictures LLC, which results in full ongoing ownership by the Group….

AstraZeneca and Merck & Co., Inc., Kenilworth, N.J., US today announced that Japan's Pharmaceuticals and Medical Devices Agency (PMDA) has approved Lynparza (olaparib) tablets for use in patients with unresectable or recurrent BRCA-mutated, human epidermal growth factor receptor 2 negative breast cancer who have received prior chemotherapy. Patients are selected for therapy based on an approved companion diagnostic….