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Interquest Group PLC (ITQ.L)

ITQ.L on London Stock Exchange

31.00GBp
18 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Interquest says H1 revenue fell 6 percent to 69.1 million stg
Friday, 22 Sep 2017 10:59am EDT 

Sept 22 (Reuters) - Interquest Group Plc ::H1 REVENUE FELL 6 PERCENT TO 69.1 MILLION STG.NO INTERIM DIVIDEND.INTERQUEST GROUP PLC - HY REVENUE DOWN 6% TO £69.1M (2016: £73.8M).INTERQUEST GROUP PLC - HY NET FEE INCOME ("NFI") INCREASED 2% TO £11.2M (2016: £11.0M).INTERQUEST GROUP PLC - HY ADJUSTED PBT* DOWN 23% TO £1.0M (2016: £1.3M).INTERQUEST GROUP PLC - HY LIKE FOR LIKE PBT* EXCLUDING REES DRAPER WRIGHT DOWN 62% TO £0.5M (2016: £1.3M).INTERQUEST GROUP PLC - NET DEBT, CONSISTING OF OUR WORKING CAPITAL FACILITY NET OF CASH BALANCES HELD, DECREASED DURING PERIOD TO £3.3M (2016: £9.9M).  Full Article

Interquest forecasts material impact on FY net fee income
Tuesday, 29 Aug 2017 02:49am EDT 

Aug 29 (Reuters) - Interquest Group Plc ::‍LIKE-FOR-LIKE NET FEE INCOME FOR SIX MONTHS TO 30 JUNE 2017 WAS DOWN 14 PCT TO £9.5M (2016: £11.0M)​.TOTAL NFI FOR SIX MONTHS TO 30 JUNE 2017, INCLUDING THAT OF REES DRAPER WRIGHT WHICH WAS ACQUIRED ON 3 AUGUST 2016, WAS £11.2M.‍MARKET CONDITIONS IN ONE OF COMPANY'S CORE MARKETS, FINANCIAL SERVICES, REMAIN CHALLENGING, SPECIFICALLY IN CONTRACTING MARKET​.COMPANY IS THEREFORE MORE RELIANT ON FEES FROM PERMANENT PLACEMENTS WHICH ARE MORE VOLATILE, PARTICULARLY IN HIGHER VALUE SEARCH BUSINESS.‍EXPECTS THAT NET FEE INCOME WILL BE MATERIALLY AFFECTED AND EBITA FOR YEAR TO 31 DECEMBER 2017​.  Full Article

Chisbridge Ltd gets acceptance for buying 49.61 pct of Interquest Group's shares
Friday, 14 Jul 2017 02:39am EDT 

July 14 (Reuters) - Chisbridge Ltd:As at 1.00 p.m. On 13 July, Chisbridge has received valid acceptances in respect of 19.1 million Interquest shares, representing c.49.61 percent.Offer is being extended and will remain open for acceptance until next closing date which will be 1.00 p.m. On 31 July 2017.  Full Article

Interquest urges shareholders to not accept Chisbridge offer
Friday, 23 Jun 2017 08:03am EDT 

June 23 (Reuters) - Interquest Group Plc ::Response to announcement of acceptances of offer.‍Independent director, who has been so advised by Panmure Gordon, recommends that Interquest shareholders do not accept offer​.  Full Article

Chisbridge Ltd's management team strongly urges shareholders to accept offer for Interquest
Wednesday, 21 Jun 2017 02:08am EDT 

June 21 (Reuters) - Interquest Group Plc ::Chisbridge Limited - management team strongly urges shareholders to support them and accept offer for Interquest.  Full Article

Interquest says board unable to recommend Chisbridge offer, when made, to shareholders
Thursday, 18 May 2017 06:38am EDT 

May 18 (Reuters) - Interquest Group Plc ::Interquest - confirm that they have unanimously concluded that they are unable to recommend chisbridge offer, when made, to interquest shareholders.Unable to recommend offer shareholders on basis that it would materially undervalue company and its prospects.Independent directors strongly recommend that interquest shareholders take no action in respect of offer at this stage..  Full Article

Chisbridge management evalutes offer to take firm private
Tuesday, 16 May 2017 10:51am EDT 

May 16 (Reuters) - Chisbridge Ltd::Statement regarding recent share price movement.Chisbridge, a newly created co by Interquest management team, notes recent movement in Interquest's share price.Board of Chisbridge confirms that it is evaluating making an offer for interquest at 42 pence per share in cash with a full loan note alternative.  Full Article

Interquest Group sees FY EBIT below market expectations
Monday, 27 Jun 2016 09:53am EDT 

Interquest Group Plc :Co now expects that group net fee income and EBIT for current financial year will be materially below market expectations.  Full Article

BRIEF-Interquest forecasts material impact on FY net fee income

* ‍LIKE-FOR-LIKE NET FEE INCOME FOR SIX MONTHS TO 30 JUNE 2017 WAS DOWN 14 PCT TO £9.5M (2016: £11.0M)​