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GKN PLC (GKN.L)

GKN.L on London Stock Exchange

369.20GBp
12:01pm EDT
Change (% chg)

-0.30 (-0.08%)
Prev Close
369.50
Open
369.90
Day's High
373.70
Day's Low
367.30
Volume
4,339,086
Avg. Vol
6,476,004
52-wk High
379.30
52-wk Low
249.40

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 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 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

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UPDATE 2-Shares in GKN, Meggitt jump on aerospace, defence outlook

* GKN says will outperform both civil aerospace and auto markets