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Findel PLC (FDL.L)

FDL.L on London Stock Exchange

165.25GBp
20 Oct 2017
Change (% chg)

-11.75 (-6.64%)
Prev Close
177.00
Open
175.00
Day's High
175.00
Day's Low
165.00
Volume
12,416
Avg. Vol
83,286
52-wk High
218.00
52-wk Low
160.00

Latest Key Developments (Source: Significant Developments)

Findel says trading in-line with expectations
Tuesday, 29 Aug 2017 02:54am EDT 

Aug 29 (Reuters) - FINDEL PLC ::HAS MADE A GOOD START TO YEAR, WITH BOTH BUSINESSES TRADING IN LINE WITH EXPECTATIONS.  Full Article

Findel appoints Stuart Caldwell as finance chief
Thursday, 13 Jul 2017 02:00am EDT 

July 13 (Reuters) - Findel Plc :To announce appointment of Stuart Caldwell as group chief financial officer with immediate effect.  Full Article

Findel names Phil Maudsley chief executive
Thursday, 6 Apr 2017 02:14am EDT 

Findel Plc : Appointed Phil Maudsley as Chief Executive with immediate effect . Maudsley was previously managing director of Express Gifts, group's online value retail business .Ian Burke, executive chairman, has moved to non-executive chairman.  Full Article

Findel sees FY pre-tax profit slightly below bottom of range of consensus
Thursday, 6 Apr 2017 02:00am EDT 

Findel Plc : Says group has seen strong sales growth and anticipates total like-for-like sales growth for full year to be around 10% .Says group expects to report FY profit before tax and exceptional items slightly below bottom of range of consensus.  Full Article

Findel expects to deliver FY results in line with current expectations
Thursday, 13 Oct 2016 02:00am EDT 

Findel Plc : Post-Close trading statement and update . Group has recorded a good sales performance in first half with overall sales on a like-for-like basis c.6% ahead of prior year . Within express gifts, like-for-like product sales for half-year were 12 pct ahead . Findel education has seen an improved trading performance in Q2, which is business' peak period due to commencement of new school year .Encouraging performance underpins our confidence in group's ability to deliver full-year results in line with current expectations..  Full Article

Toscafund discloses 11.17 pct stake in Findel-filing
Tuesday, 27 Sep 2016 11:43am EDT 

Findel Plc:Toscafund Asset Management LLP discloses 11.17 pct stake in Findel Plc - filing.  Full Article

Findel board decides against naming Sport Direct's Mike Ashley as chairman
Friday, 29 Jul 2016 02:00am EDT 

Findel Plc :Board has decided not to appoint Mike Ashley as chairman.  Full Article

Sports Direct says in early stages of constructive discussions with Findel
Friday, 1 Jul 2016 10:08am EDT 

Sports Direct International Plc : Response to press speculation regarding Findel Plc . Confirms is in early stages of constructive discussions with Findel Plc regarding a possible commercial supply arrangement between Sports Direct and Express Gifts . Discussions also consider possible appointment of Mike Ashley to board of Findel Plc . Like Findel, Sports Direct considers there to be great merit in exploring these arrangements . Sports Direct welcomes any support for these discussions from Findel's other major shareholders, including Schroders and Toscafund .Sports Direct would like to make clear that it is acting on its own behalf, and independently from such other shareholders..  Full Article

Findel still undecided on appointing Sports Direct Ashley's as chairman
Friday, 1 Jul 2016 08:35am EDT 

Findel Plc : Response to press speculation . Is in early stages of discussions with Sports Direct International Plc (SDI) . Talk regarding a possible commercial supply arrangement between Express Gifts and SDI and possible appointment of Mike Ashley to board of Findel Plc . This proposal was made by Schroders on behalf of SDI and includes a requirement that Mike Ashley be made chairman of Findel, replacing outgoing chairman, David Sugden . Toscafund have also indicated their support for Mike Ashley's appointment as chairman . Board of Findel considers there to be great merit in exploring a commercial supply arrangement with SDI and that Mike Ashley could make a valuable contribution to board of Findel . Board of Findel has not concluded on whether Ashley should be chairman .There can be no certainty that any commercial arrangement between SDI and Express Gifts will be forthcoming.  Full Article

Findel plc announces disposal of Kitbag
Tuesday, 2 Feb 2016 02:00am EST 

Findel plc:Says that it has completed sale of its subsidiary Kitbag to Fanatics UK Holdings Ltd, a newly formed subsidiary of Fanatics Inc., a US company for officially licenced sports merchandise.Says gross consideration payable at completion is 11.55 million pounds in cash subject to an adjustment based upon the working capital position of Kitbag at completion.  Full Article

BRIEF-Findel appoints Stuart Caldwell as finance chief

* To announce appointment of Stuart Caldwell as group chief financial officer with immediate effect Source text for Eikon: Further company coverage: