GKN PLC (GKN.L) Key Developments | Reuters.com
Edition:
United States

GKN PLC (GKN.L)

GKN.L on London Stock Exchange

278.00GBp
24 Jun 2016
Change (% chg)

-9.60p (-3.34%)
Prev Close
287.60p
Open
277.90p
Day's High
280.70p
Day's Low
267.40p
Volume
10,387,425
Avg. Vol
5,708,730
52-wk High
351.62p
52-wk Low
245.80p

Latest Key Developments (Source: Significant Developments)

GKN plc announces interim dividend
Tuesday, 28 Jul 2015 02:01am EDT 

GKN plc:Board decided to pay an interim dividend of 2.9 pence per share (2014: 2.8 pence) an increase of 4 percent.Payable on September 21.Record date August 14.  Full Article

GKN PLC announces issue of equity
Tuesday, 28 Jul 2015 02:00am EDT 

GKN PLC:Says its intention to conduct non pre-emptive cash placing of new ordinary shares in the company to institutional investors to raise about 200 million pounds, which represents about 4 pct. of the company's market capitalisation based on the closing share price on July 27.Says J.P. Morgan Securities plc., which conducts its UK investment banking activities as J.P. Morgan Cazenove and UBS Ltd are acting as joint bookrunners.Says net proceeds from placing will be used to fund in part consideration for acquisition, with balance being funded from existing debt facilities.  Full Article

GKN PLC agrees to acquire Fokker Technologies for 706 million EURO
Tuesday, 28 Jul 2015 02:00am EDT 

GKN PLC:Says that it has agreed to acquire Fokker Technologies Group B.V. from Arle Capital for an enterprise value of 706 million EURO (GBP499 million).Fokker is a aerospace supplier in aerostructures, electrical wiring systems, landing gear and associated services, across commercial, military and business jet end markets.  Full Article

GKN PLC to recommend final dividend
Tuesday, 24 Feb 2015 02:00am EST 

GKN PLC:Has decided to recommend a final dividend of 5.6 pence per share (2013: 5.3 pence per share).The total dividend for the year will, therefore, be 8.4 pence per share (2013: 7.9 pence per share).The final dividend is payable on May 18 to shareholders on the register at April 10.  Full Article

GKN PLC announces completion of disposal
Thursday, 31 Jul 2014 07:42am EDT 

GKN PLC:Further to its announcement on April 30, GKN plc confirms the completion of sale of its 50 pct shareholding in emissions reduction technology business Emitec Gesellschaft für Emissionstechnologie mbH to Continental AG following the receipt of regulatory approvals.  Full Article

GKN plc to pay an interim dividend
Tuesday, 29 Jul 2014 02:01am EDT 

GKN plc:Board has decided to pay an interim dividend of 2.8 pence per share (2013: 2.6 pence).Says this is an increase of 8 pct.If the prior year's total dividend of 7.9 pence per share had been paid in the usual one-third interim and two-thirds final proportion, then the 2014 interim dividend would represent an increase of 6 pct on a normally weighted basis.Interim dividend will be paid on Sept. 22 to shareholders on the register at Aug.15.  Full Article

GKN plc gives FY 2014 organic sales guidance
Tuesday, 29 Jul 2014 02:01am EDT 

GKN plc:Sees FY 2014 organic sales are expected to show modest growth, reflecting these conflicting trends.  Full Article

Photo

U.S. Air Force says Pratt to build engines for new bomber

WASHINGTON The U.S. Air Force on Monday named Pratt & Whitney as the engine maker for the new Northrop Grumman Corp long-range strike bomber, and defended the plane's "cost plus incentive fee" contract that has been challenged by U.S. lawmakers.