Key Developments: Filtronic PLC (FTC.L)

FTC.L on London Stock Exchange

22.05GBp
5:43am EST
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64.50p
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Latest Key Developments (Source: Significant Developments)

Filtronic Plc announces placing to raise 2.1 mln Pound
Friday, 7 Nov 2014 02:00am EST 

Filtronic Plc:Says conditional placing with existing investors and management of 9,716,000 new ordinary shares at 22.0 pence per ordinary share.Company expects to raise 2.1 mln Pound.Expected admission of placing shares will become effective and dealings in them will commence on London Stock Exchange on Dec. 3.Net proceeds of are expected to be about 2.0 mln Pound and will provide additional finance to company for working capital purposes.  Full Article

Filtronic does not recommend a dividend
Monday, 28 Jul 2014 02:00am EDT 

Filtronic PLC:Says no dividend has been declared/recommended for 2014 (2013: nil).  Full Article

Filtronic Plc gives FY 2014 operating loss guidance
Monday, 23 Jun 2014 02:00am EDT 

Filtronic Plc:Expects to report small operating loss, of not more than 0.5 mln pounds, before exceptional items and amortisation of goodwill for FY 2014.  Full Article

Filtronic Plc's CFO to leave company
Friday, 29 Nov 2013 02:55am EST 

Filtronic Plc:Says Mike Brennan, Chief Financial Officer (CFO), has informed the Board of his intention to step down as Director and to leave the company in Apr. 2014.Says Brennan joined Filtronic in 2009 as Chief Financial Officer.  Full Article

Filtronic Plc Announces Holding Interest Of Prudential Plc Group Of Companies
Wednesday, 21 Aug 2013 05:20am EDT 

Filtronic Plc announced that Prudential Plc Group Of Companies holds 3,863,785 direct interest which represents 3.98% of the voting rights of the Company.  Full Article

Filtronic Plc Announces No Annual Dividend
Monday, 22 Jul 2013 02:00am EDT 

Filtronic Plc announced that it has decided to recommend no annual dividend in respect of the financial year just ended.  Full Article

Filtronic Plc Sees FY 2013 Guidance To Exceed Market Expectations
Thursday, 18 Apr 2013 02:00am EDT 

Filtronic Plc announced that for fiscal 2013, it expects revenues and profits for the group as a whole to exceed market expectations, with revenues expected to be in the region of GBP38.5 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of GBP36.0 million and pre-tax profit of GBP3.0 million for fiscal 2013.  Full Article

BRIEF-Filtronic says greater than usual uncertainty over H2 outlook

* During q1 of financial year, wireless business has traded broadly in line with expectations

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