Market News - Page 797

Palace Capital, the property investment company that focuses on commercial property predominantly outside London, announces that it has let Unit 2 (known as Solaris House) located in Pitfield, Kiln Farm, Milton Keynes….

Trading Update for the period 1 January 2018 to 17 April 2018…

Acquisition of Lagan Group (Holdings) Limited.Placing to raise approximately £170 million….

Results for the 24 weeks ended 3 March 2018…

Further to the announcement on 4 April 2018, the Board of Directors of the Company (the “Board”) are pleased to announce a proposed placing of up to 72,800,000 new ordinary shares of no par value in the Company (“New Shares”) (the “Placing”)….

Carr's (CARR.L), the Agriculture and Engineering Group, announces its results for the six months ended 3 March 2018. …

Scapa sadly announces that an accident occurred last night at its Dunstable site, which has resulted in the death of one of the Group's employees….

Klépierre S.A. (“Klépierre”) confirms that on 9 April 2018, Jean-Marc Jestin, the Chairman of the Executive Board of Klépierre, met with the Chairman of the Board of Directors of Hammerson, David Tyler, and made an increased proposal to Hammerson on a standalone basis of 635 pence per Hammerson share for the entire issued and to be issued share capital of Hammerson (the “Increased Proposal”).

The Increased Proposal represents a premium of 45% to Hammerson's undisturbed share price of 437.10 pence per Hammerson share on 16 March 2018.

The Board of Hammerson did not provide any meaningful engagement with respect to the Increased Proposal and, after careful consideration, Klépierre has concluded that it does not intend to make an offer for Hammerson pursuant to Rule 2.7 of the City Code on Takeovers and Mergers (the “Code”).
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