Genus PLC (GENS.L) Key Developments | Reuters.com
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Genus PLC (GENS.L)

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Latest Key Developments (Source: Significant Developments)

Genus enters into exclusive licence for gene editing tech
Wednesday, 18 May 2016 02:00am EDT 

Genus Plc :Exclusive licence for leading gene editing tech.  Full Article

Genus PLC announces interim dividend
Tuesday, 23 Feb 2016 02:00am EST 

Genus PLC:Says that the board has approved interim dividend of 6.7 pence per share, an increase of 10 pct. on last year's interim dividend of 6.1 pence.Says interim dividend is payable on March 30, 2016 to those shareholders on register at March 4, 2016.  Full Article

Genus PLC recommends final dividend
Tuesday, 8 Sep 2015 02:00am EDT 

Genus PLC:Recommends final dividend of 13.4 pence per ordinary share.Says proposed final dividend will be paid on Dec. 4, to shareholders on register at close of business on Nov. 20.  Full Article

Genus PLC gives FY 2015 outlook in line with expectations
Tuesday, 12 May 2015 02:00am EDT 

Genus PLC:Says trading in line with expectations for FY 2015.  Full Article

Genus announces completion of acquisition
Wednesday, 1 Apr 2015 02:00am EDT 

Genus PLC:Further to the announcement on Feb. 16, it has now completed the acquisition of 51 pct of In Vitro Brasil S.A. (IVB), a biotechnology company focused on the production of bovine embryos through in-vitro fertilisation (IVF) and the provision of associated services.  Full Article

Genus PLC sees FY 2015 outlook above original expectations
Tuesday, 24 Feb 2015 02:00am EST 

Genus PLC:Expects FY 2015 overall financial performance to be above the company's original expectations.  Full Article

Genus PLC approves interim dividend
Tuesday, 24 Feb 2015 02:00am EST 

Genus PLC:Has approved an interim dividend of 6.1 pence per share, an increase of 11 pct on last year's interim dividend of 5.5 pence.The interim dividend is payable on March 27 to those shareholders on the register at March 6.  Full Article

Genus to acquire 51 pct of In Vitro Brasil S.A
Monday, 16 Feb 2015 02:00am EST 

Genus PLC:Signs an agreement for the acquisition of 51 pct of the share capital of In Vitro Brasil S.A. (IVB) through ABS, its bovine genetics business.Says IVB is based in Brazil and also operates in a number of countries including the US, Colombia and Uruguay.Genus will acquire a 51 pct interest in IVB for a total investment consideration of BRL 20 million (4.6 mln Pounds) in cash, including an upfront capital commitment.Genus expects to acquire the remaining 49 of IVB's share capital in the first half of 2018 by exercising a call option.The selling shareholders also have a matching put option. Consideration for the remaining 49 pct is conditional on certain performance conditions and is capped at BRL 49 million (11.mln Pounds).The completion of the transaction is subject to a number of closing conditions, which are expected to be fulfilled in the first quarter of 2015.In 2014, IVB had global revenues in excess of 4 million Pounds.  Full Article

Genus plc announces strategic porcine multiplication agreement in China
Wednesday, 3 Sep 2014 02:00am EDT 

Genus PLC:Say new strategic agreement with River Stone Farm (Shandong) Co., Ltd to become the Group's first commercial multiplier in China.Says Riverstone is joint venture between Black River Capital Partners Food Fund Holdings (Singapore) Pte Ltd ('Black River') and Pipestone System.Says under terms of the multi-year agreement, Genus's porcine genetics division, Genus PIC, will exclusively stock and sustain Riverstone's new pig production project in China, with a total anticipated herd size of 24,000 sows.  Full Article

Genus PLC recommend final dividend
Wednesday, 3 Sep 2014 02:00am EDT 

Genus PLC:Board is recommending to shareholders final dividend of 12.2 pence per ordinary share, resulting in total dividend for year of 17.7 pence per ordinary share.Says this is an increase of 10 pct for the year.It is proposed that final dividend will be paid on Dec. 5 to shareholders on register at close of business on Nov. 21.  Full Article

Livestock firm Genus ramps up R&D spend in gene editing race

LONDON British animal genetics firm Genus is diving deeper into the hot area of gene editing, in a move Chief Executive Karim Bitar says will bring long-term gains at the cost of a hefty hike in research spending.