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Imperial Brands PLC (IMB.L)

IMB.L on London Stock Exchange

2,560.50GBp
19 Nov 2018
Change (% chg)

-78.00 (-2.96%)
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2,638.50
Open
2,650.50
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2,674.50
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2,556.00
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Latest Key Developments (Source: Significant Developments)

Imperial Brands Says Developing A Connected Version Of Myblu
Friday, 16 Nov 2018 02:00am EST 

Nov 16 (Reuters) - Imperial Brands PLC ::IMPERIAL BRANDS PLC - STATEMENT RE FDA ANNOUNCEMENT.IMPERIAL BRANDS PLC SAYS "WELCOME US FOOD AND DRUG ADMINISTRATION'S (FDA) MOVES TO PREVENT YOUTH ACCESS TO TOBACCO AND VAPOUR PRODUCTS".IMPERIAL BRANDS PLC - DEVELOPING A CONNECTED VERSION OF MYBLU WITH DEVICE LOCKING TECHNOLOGY.  Full Article

Imperial Brands Confirms FY Outlook, To Launch New Heated Tobacco Product
Tuesday, 25 Sep 2018 02:00am EDT 

Sept 25 (Reuters) - Imperial Brands PLC ::TRADING STATEMENT.CONFIRMING IT IS ON TRACK TO DELIVER FULL YEAR CONSTANT CURRENCY REVENUE AND EARNINGS IN LINE WITH GUIDANCE RANGE..ANNOUNCING PLANS TO LAUNCH, PULZE, A HEATED TOBACCO PRODUCT EARLY NEXT CALENDAR YEAR.REMAIN ON TRACK TO DELIVER FULL YEAR CONSTANT CURRENCY REVENUE AND EARNINGS GROWTH IN LINE WITH OUR GUIDANCE RANGE..CO'S NGP AMBITIONS REFLECTED IN MANAGEMENT INCENTIVES TO DELIVER COMPOUND ANNUAL REVENUE GROWTH OF 35-150% OVER THREE YEARS TO FY20.NGP IS ON TRACK WITH SALES OF MYBLU BUILDING IN KEY VAPOUR MARKETS.TOBACCO VOLUMES FOR FULL YEAR WILL OUTPERFORM INDUSTRY, ALBEIT SECOND HALF VOLUMES WERE SLIGHTLY WEAKER THAN FIRST.ONGOING COST OPTIMISATION SAVINGS WILL BE SLIGHTLY ABOVE ORIGINAL EXPECTATIONS OF £100 MILLION.DIVESTMENT PROGRAMME ANNOUNCED IN INTERIM RESULTS IS ON TRACK AND PROGRESSING WELL.STRONG GROWTH IN SALES OF MYBLU, WITH INCREASING RATE OF POD REPURCHASE, REFLECTS POSITIVE RESPONSE FROM SMOKERS, VAPERS, RETAILERS.  Full Article

Japan Tobacco Group agrees to acquire tobacco business of Akij Group in Bangladesh
Monday, 6 Aug 2018 03:20am EDT 

Aug 6 (Reuters) - Japan Tobacco Inc <2914.T>:Says the company announces today that the JT Group has signed an agreement to acquire the tobacco business of Akij Group the second largest tobacco company in Bangladesh, further increasing its presence in Asia.The purchase price for the transaction is estimated at around 124.3 billion Bangladeshi taka(164.5 billion yen).Transfer date is the third quarter of the fiscal year 2018 .  Full Article

Japan Tobacco Group completes acquisition of Russia’s Donskoy Tabak
Tuesday, 31 Jul 2018 09:16pm EDT 

Aug 1(Reuters) - Japan Tobacco Inc <2914.T>:Says its group completes acquisition of Russia’s Donskoy Tabak.  Full Article

Imperial Brands Announces Proposed Sell Down Of Minority Stake In Logista
Monday, 30 Jul 2018 12:03pm EDT 

July 30 (Reuters) - Imperial Brands PLC ::PROPOSED SELL DOWN OF MINORITY STAKE IN LOGISTA.LAUNCH OF PLACING OF UP TO 13.3 ORDINARY SHARES IN LOGISTA.PLACING SHARES ARE HELD INDIRECTLY BY IMPERIAL BRANDS AND REPRESENT ABOUT 9.99 PERCENT OF CO'S EXISTING ISSUED ORDINARY SHARE CAPITAL.  Full Article

Imperial Brands Starts Placement Of 9.99 Pct Of Logista
Monday, 30 Jul 2018 11:48am EDT 

July 30 (Reuters) - Barclays Bank plc, Morgan Stanley & Co. International plc::PLACE 9.99 PERCENT OF LOGISTA FOR IMPERIAL BRANDS IN ACCELERATED BOOKBUILT OFFER.IT IS EXPECTED THAT PROCEEDS FROM PLACEMENT WILL BE UTILIZED BY IMPERIAL BRANDS TO SUPPORT FURTHER NET DEBT REDUCTION .FOLLOWING COMPLETION OF PLACING IMPERIAL BRANDS WOULD INDIRECTLY HOLD 50.01 PERCENT OF LOGISTA.IMPERIAL BRANDS HAS ALSO ENTERED INTO A 180 DAY LOCKUP RESTRICTION FROM SETTLEMENT, ON ITS REMAINING LOGISTA SHARES .  Full Article

Imperial Brands CEO says pursuing strategy, not strategic options
Wednesday, 9 May 2018 03:09am EDT 

May 9 (Reuters) - Imperial Brands PLC ::IMPERIAL BRANDS CEO SAYS WILL DO MORE TRIALS OF HEATED TOBACCO IN COMING MONTHS.IMPERIAL BRANDS CEO SAYS DOESN'T SEE ANY SIGNIFICANT IMPACT TO MIDDLE EAST BUSINESS FROM US DECISION ON IRAN NUCLEAR PACT.IMPERIAL BRANDS CEO SAYS NOT EXPLORING STRATEGIC OPTIONS FOR OVERALL BUSINESS.IMPERIAL BRANDS CEO SAYS CAN'T GIVE DETAILS ON UPCOMING DIVESTITURES BUT WILL UPDATE IN TIME.  Full Article

Imperial Brands Says U.S Tax Reform Will Not Impact Adjusted Earnings
Thursday, 18 Jan 2018 08:01am EST 

Jan 18 (Reuters) - Imperial Brands Plc ::‍US TAX IMPACT.IMPERIAL BRANDS NOTES CHANGES IN US TAX LEGISLATION EFFECTIVE 1 JANUARY 2018​​.‍GROUP'S US DEFERRED TAX ASSETS AND LIABILITIES WILL BE REVALUED TO TAKE ACCOUNT OF CORPORATE TAX RATE​.NEW US TAX LEGISLATION EXPECTED TO RESULT IN ONE-OFF CREDIT OF £20M, WILL NOT IMPACT ADJUSTED EARNINGS.‍CONTINUE TO EXPECT AN OVERALL ADJUSTED EFFECTIVE TAX RATE FOR GROUP OF AROUND 20%​.ANTICIPATE THAT REDUCED TAXATION OF US EARNINGS WILL RESULT IN A BENEFIT OF LESS THAN 1% TO GROUP ADJUSTED EFFECTIVE TAX RATE​​.  Full Article

Japan Tobacco has contingency plans around Palmer & Harvey
Tuesday, 28 Nov 2017 02:53pm EST 

Nov 28 (Reuters) - Japan Tobacco Inc <2914.T>::JAPAN TOBACCO INTERNATIONAL SAYS HAS "WORKED CONTINUOUSLY" TO FACILITATE A CONSTRUCTIVE SOLUTION TO PALMER & HARVEY'S CHALLENGES INCLUDING EXTENDING SIGNIFICANT FINANCIAL AND OPERATIONAL SUPPORT.JAPAN TOBACCO INTERNATIONAL SAYS EFFORTS TO SUPPORT P&H WERE NOT SUCCESSFUL BUT HAS A CONTINGENCY PLAN IN PLACE AND EXPECTS NO SIGNIFICANT INTERRUPTION IN SUPPLY.  Full Article

Imperial Brands Sees No Significant Disruption To UK Ops After P&H Enters Into Administration
Tuesday, 28 Nov 2017 12:48pm EST 

Nov 28 (Reuters) - Imperial Brands Plc ::‍IN OCT 2017 PALMER & HARVEY ENTERED A PERIOD OF EXCLUSIVITY WITH CARLYLE GROUP WITH INTENTION OF SECURING SIGNIFICANT CAPITAL INVESTMENT.‍DISAPPOINTED TO LEARN THAT DESPITE IMPERIAL'S ON-GOING SUPPORT, DIRECTORS OF P&H HAVE TODAY APPOINTED ADMINISTRATORS.​.WAS PREPARED TO EXPLORE FURTHER ALTERNATIVES BUT OTHER PARTIES HAVE BEEN UNWILLING TO PURSUE THESE TO A SUCCESSFUL CONCLUSION​.ESTIMATE THAT P&H'S DECISION TO ENTER ADMINISTRATION MAY HAVE A ONE-OFF IMPACT ON GROUP OPERATING PROFIT IN CURRENT FY OF UP TO £160 MILLION​.‍DO NOT ANTICIPATE ANY SIGNIFICANT DISRUPTION TO OUR UK OPERATIONS​.  Full Article

Imperial Brands develops lock-enabled vaping device amid FDA restrictions

Nov 16 British tobacco firm Imperial Brands said it was developing a vaping device with locking technology, amid restrictions by the U.S. Food and Drug Administration meant to prevent young people from using e-cigarettes.