Market News - Page 870

Custodian REIT (LSE: CREI), the UK commercial real estate investment company focused on smaller lot sizes, today reports its interim results for the six months ended 30 September 2016 (“the Period”)….

Tarsus Group plc (LSE: TRS, “Tarsus” or the “Group”) is hosting a Capital Markets Seminar for analysts and investors later today to be held at Saddlers' Hall, 40 Gutter Lane, EC2V 6BR at 4pm. The event will provide information on the Group's Quickening the Pace strategy.

No new material information will be made available….

Further to the announcement on 26 October 2016 in relation to a proposed placing of new ordinary shares (“New Shares”) under the Company's Placing Programme (the “Placing”), the Board is pleased to announce that the issue price of the New Shares will be 105.0 pence per New Share (the “Placing Price”)….

Scapa Group plc, a global supplier of bonding solutions and manufacturer of adhesive-based products for the Healthcare and Industrial markets, today announces its results for the period ended 30 September 2016….

A good performance in changing times….

“Good performance despite challenging trading conditions”
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The Boards of Dee Valley and Severn Trent are pleased to announce that they have reached agreement on the terms of a recommended acquisition of the entire issued and to be issued voting and non-voting ordinary share capital of Dee Valley by Severn Trent Water.
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M.P. Evans Group PLC (“M. P. Evans” or the “Company”)
Rejection of revised offer from Kuala Lumpur Kepong Berhad (“KLK”)
The Board of M.P. Evans (the “Board”) notes the announcement by KLK of a revised unsolicited final offer to acquire the entire issued share capital of the Company at a price of 740 pence per M.P. Evans share (the “Revised Offer”). The Revised Offer is final save as set out below.
The Board received a non-binding proposal from KLK on the same terms as the Revised Offer (other than in respect of it being declared final) on 11 November 2016 which it considered, together with its financial adviser Rothschild, and unanimously rejected on the basis that it very substantially undervalues the Company, its unique position and its future growth potential.
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