Charles Taylor PLC (CHAT.L) Key Developments | Reuters.com
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Charles Taylor PLC (CHAT.L)

CHAT.L on London Stock Exchange

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Charles Taylor says David Watson to leave co later in 2016
Tuesday, 17 May 2016 10:30am EDT 

Charles Taylor Plc : David Watson has informed board of his intention to retire from board later in 2016 . David joined board in May 2010 as non-executive director and chairman of audit committee .Board will shortly commence a search process to identify a suitable successor..  Full Article

Charles Taylor Consulting plc announces sale of Bestpark International Limited
Monday, 5 Oct 2015 02:00am EDT 

Charles Taylor Consulting plc:Enters into an agreement to sell its holding in Bestpark International Limited, an insurance company in run-off, to Ashbrooke Financial Group Limited.  Full Article

Charles Taylor PLC announces acquisition of significant minority stake in Fadata AD
Thursday, 23 Jul 2015 02:00am EDT 

Charles Taylor PLC:Says that it and Riverside Co entered into an agreement to acquire majority interest in owner of Fadata AD ("Fadata"), a specialist provider of software solutions to the global insurance industry.Establishment of this joint venture between Charles Taylor, Riverside and management of Fadata forms part of Charles Taylor's overall business strategy to further develop its professional service business lines both organically and through acquisitions, joint ventures and business investments.This is Charles Taylor's first transaction since its rights issue in March 2015.Terms of joint venture agreement entitle Riverside to realise REF Wisdom Limited's investment in Fadata at some time in the future; Charles Taylor may be required to dispose of part or all of its holding as part of the same transaction.Charles Taylor will also have the opportunity to submit a bid to acquire part or all of the other parties' holdings at that time should it so wish.  Full Article

Charles Taylor PLC announces selection of new Chairman
Wednesday, 17 Jun 2015 02:00am EDT 

Charles Taylor PLC:Says that Edward Creasy will be appointed Chairman in succession to Rupert Robson, following release of company's half year results on Aug. 28, 2015.  Full Article

Charles Taylor announces Chairman's intention to retire
Thursday, 7 May 2015 09:48am EDT 

Charles Taylor PLC:Announces that Rupert Robson, Chairman of the Company, has informed the Board of his intention to retire from the role later in 2015.  Full Article

Charles Taylor annunces issue of shares
Friday, 17 Apr 2015 02:00am EDT 

Charles Taylor PLC:Allots 107,666 Ordinary Shares of 1 pence each in the Company ("Ordinary Shares") in respect of the first annual earn-out payment to the vendors of KLA Holdings Ltd and its subsidiary Knowles Loss Adjusters Ltd.Admission of the shares is expected to occur on April 22.  Full Article

Charles Taylor PLC announces completion of acquisition
Thursday, 2 Apr 2015 02:00am EDT 

Charles Taylor PLC:Says its subsidiary, Metrowise Ltd, completes the acquisition of SWIL from Scottish Widows plc.Acquisition is part of Charles Taylor's strategy to make targeted acquisitions in the international life insurance sector to grow its life insurance business in the Isle of Man and generate cash releases for the company.  Full Article

Charles Taylor plc updates on acquisition opportunity
Monday, 30 Mar 2015 02:02am EDT 

Charles Taylor plc:Elected not to pursue the acquisition opportunity involving a life insurance business which it referred to at the time of Rights Issue on March 18.Charles Taylor concluded that the transaction would not meet its financial criteria for acquisitions.  Full Article

Charles Taylor plc announces proposed 30.6 mln rights issue
Wednesday, 18 Mar 2015 03:02am EDT 

Charles Taylor plc:Announces the launch of a rights issue to raise about 30.6m Pounds in gross proceeds.3 for 7 fully underwritten Rights Issue of 19,722,762 New Ordinary Shares to raise gross proceeds of about 30.6m pounds.Says the issue price of 155p per New Ordinary Share represents a discount of 44.9 pct to the Closing Price on March 17, 2015, and a 34.9 pct discount to the theoretical ex-rights price after adjusting for the Second Interim Dividend.Rights Issue, which is not subject to shareholder approval, is fully underwritten by Peel Hunt acting as Sole Sponsor and Sole Bookrunner Reason for the Rights Issue and use of proceeds.  Full Article

Charles Taylor PLC announces second interim dividend
Wednesday, 18 Mar 2015 01:26am EDT 

Charles Taylor PLC:Says second interim dividend of 7.50 pence per share (2013: 6.75p), which replaces the final dividend, making the total dividend for the year 10.75 pence.Payable on April 2015 to shareholders on the register on March 27.  Full Article

BRIEF-Charles Taylor says transfer of Cardrow's insurance unit effective

* Transfer of insurance business of its subsidiary Cardrow Insurance Limited to Tenecom Limited, a subsidiary of Berkshire Hathaway Inc. has become effective Source text for Eikon: Further company coverage: