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Chesnara PLC (CSN.L)

CSN.L on London Stock Exchange

24 Mar 2017
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-2.50 (-0.73%)
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Latest Key Developments (Source: Significant Developments)

Chesnara appoints Ken Hogg as CEO of Countrywide Assured
Wednesday, 26 Oct 2016 02:00am EDT 

Chesnara Plc :Ken Hogg has been appointed CEO of Countrywide Assured, Chesnara's UK life assurance subsidiary.  Full Article

Chesnara says post-Brexit regulatory changes may lead to HQ shift
Wednesday, 31 Aug 2016 05:54am EDT 

Chesnara Plc : Says could move HQ to Amsterdam, depending on EU/UK regulatory environment . Says preferred scenario is to maintain HQ in Preston, northwest England Further company coverage: [CSN.L] (Bengaluru Newsroom) ((+91 806 749 1136;)).  Full Article

Chesnara says full-year outlook largely unchanged
Wednesday, 31 Aug 2016 02:00am EDT 

Chesnara Plc : Half-Year report . Group solvency ratio of 148 pct (31 December 2015: 146 pct) . Cash generation of £13.6m note 1 (six months ended 30 June 2015: £16.8m .excluding exceptional cash gain on acquisition of waard) . Economic value (ecv) of £459.9m note 2 (31 december 2015: £453.4m) . Ifrs profit before tax of £0.2m (six months ended 30 june 2015: £30.4m . Current period is adversely impacted by a reduction in yield curve . Prior year result includes a gain of £16.2m recognised on acquisition of waard group . Economic value loss net of tax of £3.5m . 2.9% increase in interim dividend compared with 2015. Recommended interim dividend of 6.80p per share (2015: 6.61p per share . Outlook for chesnara remains largely unchanged . Value enhancing acquisition opportunities in uk and western europe, principally in £50m - £200m range, continue to be sought and examined . Reductions in yield curve in uk has dampened level of cash emerging from uk books this half year .Overseas divisions have continued their cash generation that funds our dividend strategy.  Full Article

Chesnara PLC announces completion of acquisition of Waard Group
Wednesday, 20 May 2015 02:00am EDT 

Chesnara PLC:That all remaining conditions precedent to completion of acquisition have now been fulfilled and acquisition has been completed.Total consideration paid to DSB was 69.9 mln Euro (about 54.3 mln Pound 1), comprising an initial consideration of 67.8 mln Euro and deferred performance-related compensation of 2.1 mln Euro.  Full Article

More From Around the Web

Chesnara to buy L&G's Dutch arm for 160 million euros

LONDON, Nov 24 Chesnara Plc said on Thursday that it is planning to buy Legal & General's Dutch insurance business in a deal worth 160 million euros ($168.64 million).