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Daily Mail and General Trust PLC (DMGOa.L)

DMGOa.L on London Stock Exchange

717.00GBp
26 Mar 2017
Change (% chg)

2.50 (+0.35%)
Prev Close
714.50
Open
717.00
Day's High
719.50
Day's Low
709.50
Volume
301,328
Avg. Vol
895,148
52-wk High
836.00
52-wk Low
571.00

Latest Key Developments (Source: Significant Developments)

Daily Mail publisher to raise 315 mln stg from Euromoney shares sale
Friday, 9 Dec 2016 02:00am EST 

Daily Mail And General Trust Plc : Trade date for placing will be 9 December 2016 and settlement is expected to occur on a T+2 basis on 13 December 2016 . Daily Mail and General Trust- has committed to sell, in aggregate, c.32.3 million ordinary shares in Euromoney at a price of 975 pence per share .Daily Mail and General Trust- placing to raise aggregate gross proceeds of approximately 315 million stg.  Full Article

Euromoney to buy back c.19 mln shares from Daily Mail and General Trust
Friday, 9 Dec 2016 02:00am EST 

Euromoney Institutional Investor Plc : DMGT has committed to sell c.13.0 million shares in Euromoney under placing, representing 10.2 percent of company's capital, at a price of 9.75 pounds per share. .Has also been agreed that Euromoney will acquire c.19.2 million of its own shares under buyback.  Full Article

Euromoney Institutional Investor trading in line with expectations
Thursday, 29 Sep 2016 02:00am EDT 

Euromoney Institutional Investor Plc : Financial markets have been subject to increased volatility and uncertainty following UK's Brexit vote in June . Underlying revenues for Q4 are expected to have declined by 5 pct from same period last year . Underlying subscription revenues for Q4 are expected to have increased by 2 pct . Underlying sponsorship and delegate revenues are expected to fall by 13 pct in final quarter . Group expects to announce an adjusted profit before tax. of no less than 100 million stg for year to September 30, 2016 . Trading has continued in line with board's expectations, . Reported revenues for quarter are expected to show a 2 pct increase, largely as a result of more favourable exchange rates. . Underlying advertising revenues are expected to show a decline of 8 pct for quarter .Reported total revenues for year to september 30, 2016 are expected to show a 1 pct decrease on last year.  Full Article

Daily Mail says CFO Stephen Daintith resigned
Thursday, 22 Sep 2016 01:19am EDT 

Daily Mail And General Trust Plc : Directorate change cfo resignation . Stephen Daintith, CFO of company, has resigned to take up role of CFO at Rolls-Royce Holdings Plc . Stephen will continue to provide support to DMGT as cfo pending appointment of his replacement . Board has commenced process to identify appropriate candidates. .Date of his departure from company will be subject of a separate announcement.  Full Article

Euromoney appoints of John Botts as non-exec chairman
Tuesday, 12 Jul 2016 10:47am EDT 

Euromoney Institutional Investor Plc : Botts was appointed chairman on an interim basis in November 2015 .Board has made permanent appointment of John Botts as non-executive chairman of company.  Full Article

Daily Mail says CEO Martin Morgan to retire
Thursday, 12 May 2016 02:24am EDT 

Daily Mail And General Trust Plc : Martin Morgan, Chief Executive, will retire as Chief Executive and from DMGT board . Will leave DMGT with effect from June 30 2016 . Martin Morgan will undertake an advisory role for a 12 month period from January 2017 .Announces that Paul Zwillenberg will be appointed as chief executive with effect from June 1 2016.  Full Article

Euromoney says Morgan to retire as non-executive director effective May 31
Thursday, 12 May 2016 02:14am EDT 

Euromoney Institutional Investor Plc : Martin Morgan will retire as a non-executive director of euromoney with effect from May 31, 2016, to coincide with his retirement as chief executive .Paul Zwillenberg will succeed Martin Morgan as a non-executive director of Euromoney with effect from June 1, 2016..  Full Article

Daily Mail and General Trust PLC announces partial disposal of Wowcher
Thursday, 26 Nov 2015 02:00am EST 

Daily Mail and General Trust PLC:Says disposal of Wowcher, dmg media's online discount business, to a newly formed company, in which DMGT holds a c.30 pct. stake.  Full Article

Daily Mail and General Trust PLC recommends final dividend
Wednesday, 25 Nov 2015 02:01am EST 

Daily Mail and General Trust PLC:Says board is recommending payment on DMGT's issued Ordinary Shares and A Ordinary Non-voting Shares of a final dividend of 14.9 pence per share for the year ended Sept. 30, 2015 (2014 14.2 pence).Says final dividend will be paid on Feb. 12, 2016 to shareholders on the register at the close of business on Dec. 4, 2015.  Full Article

Daily Mail and General Trust PLC declares an interim dividend
Thursday, 21 May 2015 03:00am EDT 

Daily Mail and General Trust PLC:Declares an interim dividend of 6.5 pence per ordinary and 'A' ordinary non-voting share.Payable on July 3 to shareholders on register at the close of business on June 5.  Full Article

More From Around the Web

Fitch Affirms UK's DMGT at 'BBB-'; Outlook Stable

(The following statement was released by the rating agency) LONDON, March 24 (Fitch) Fitch Ratings has affirmed UK-based Daily Mail and General Trust's (DMGT) Long-Term Issuer Default Rating (IDR) and senior unsecured rating at 'BBB-'. The Outlook on the IDR is Stable. DMGT's rating reflects a balance between a portfolio of cash generative business-to-business (B2B) assets that are exposed to growth markets, a sizeable exposure to print advertising and circulation at the company's dmg media