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IWG Plc (IWG.L)

IWG.L on London Stock Exchange

202.10GBp
11 Dec 2018
Change (% chg)

1.80 (+0.90%)
Prev Close
200.30
Open
202.70
Day's High
210.10
Day's Low
202.10
Volume
2,036,508
Avg. Vol
3,289,047
52-wk High
335.00
52-wk Low
189.21

Latest Key Developments (Source: Significant Developments)

IWG ends takeover talks with suitors TDR, Terra Firma and Starwood
Monday, 6 Aug 2018 02:03am EDT 

Aug 6 (Reuters) - IWG Plc ::TERMINATION OF DISCUSSIONS AND INTERIM RESULTS.TERMINATION OF DISCUSSIONS AND RELEASE OF INTERIM RESULTS.HAS INFORMED EACH OF STARWOOD, TERRA FIRMA AND TDR THAT IT DOES NOT INTEND TO CONTINUE DISCUSSIONS REGARDING THEIR POSSIBLE OFFERS.BOARD UNANIMOUSLY BELIEVES THAT NONE OF INTERESTED PARTIES IS CURRENTLY CAPABLE OF DELIVERING AN EXECUTABLE TRANSACTION AT A RECOMMENDABLE PRICE..BOARD REMAINS CONFIDENT IN LONG-TERM VALUE OF AND OPPORTUNITIES FOR IWG..BOARD IS FOCUSED ON CONTINUING TO GROW COMPANY AND CONFIDENT THAT IWG HAS AN EXCITING FUTURE AS AN INDEPENDENT PUBLIC COMPANY..  Full Article

British Serviced Office Provider IWG To Buyback Shares
Monday, 6 Aug 2018 02:00am EDT 

Aug 6 (Reuters) - IWG Plc ::IWG PLC - HY REVENUE FROM OPEN CENTRES INCREASED 9.8% TO £1,194.1M.IWG PLC - HY& GROUP REVENUE INCREASED 7.1% TO £1,204.0M.IWG PLC - SHARE BUYBACK PROGRAMME ANNOUNCED.IWG PLC - 11% INCREASE IN INTERIM DIVIDEND TO 1.95P.IWG PLC - BOARD REMAIN CONFIDENT THAT GROUP WILL DELIVER A FULL YEAR RESULT IN LINE WITH MANAGEMENT'S EXPECTATIONS.IWG PLC - STRONG SALES ACTIVITY TRENDS EXPECTED TO RESULT IN FURTHER REVENUE GROWTH IN SECOND HALF.IWG PLC - HY OPERATING PROFIT DOWN 29% TO £60.0M.IWG PLC - ADDITIONAL INFORMATION ON SHARE BUYBACK ACTIVITY AND INTENTIONS WILL BE PERIODICALLY PROVIDED.  Full Article

Prime Opportunities Investment Group Says Not To Make Offer For IWG
Monday, 23 Jul 2018 02:00am EDT 

July 23 (Reuters) - Prime Opportunities Investment Group::Prime Opportunities Inv Group NO INTENTION TO MAKE AN OFFER FOR IWG PLC.NO INTENTION TO MAKE AN OFFER FOR IWG PLC.IT DOES NOT INTEND TO MAKE AN OFFER FOR ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF IWG PURSUANT TO RULE 2.7 OF CODE.  Full Article

IWG Plc Announces Extension Of Offer Deadline
Friday, 29 Jun 2018 06:45am EDT 

June 29 (Reuters) - IWG Plc ::EACH OF STARWOOD AND TDR WERE REQUIRED, BY NOT LATER THAN 5.00 P.M. ON 29 JUNE 2018, TO EITHER ANNOUNCE A FIRM INTENTION TO MAKE AN OFFER FOR CO.BOARD OF IWG REQUESTED THAT PANEL ON TAKEOVERS AND MERGERS EXTEND DEADLINE.EXTENSION GRANTED BY PANEL AND EACH OF STARWOOD AND TDR MUST, BY NO LATER THAN 21 JULY, EITHER ANNOUNCE FIRM INTENTION TO MAKE AN OFFER FOR IWG OR NOT.  Full Article

Prime Opportunities Investment Group Says It Made An Approach To IWG Plc
Tuesday, 29 May 2018 02:20am EDT 

May 29 (Reuters) - PRIME OPPORTUNITIES::STATEMENT RE POSSIBLE OFFER.ANNOUNCES THAT IT HAS MADE AN APPROACH TO IWG PLC.POSSIBLE CASH OFFER FOR ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF COMPANY BY A CONSORTIUM TO BE LED BY PRIME OPPORTUNITIES.APPROACH TO IWG PLC HAS BEEN REJECTED BY COMPANY.CONTINUES TO ACTIVELY CONSIDER POSSIBILITY OF MAKING OFFER FOR IWG, CONFIDENT IN ABILITY TO SUBMIT FURTHER PROPOSAL TO IWG'S BOARD.  Full Article

IWG Says Q1 Mature Revenue Up 2.3 Pct To 544.1 Mln Stg
Wednesday, 2 May 2018 02:00am EDT 

May 2 (Reuters) - IWG Plc ::Q1 MATURE REVENUE INCREASED 2.3% AT CONSTANT CURRENCY TO £544.1M (Q1 2017: £564.4M).Q1 GROUP REVENUE INCREASED 6.7% AT CONSTANT CURRENCY TO £583.9M FROM £580.7M IN CORRESPONDING PERIOD LAST YEAR.AT ACTUAL RATES, Q1 GROUP REVENUE INCREASED 0.6%.  Full Article

Brookfield Asset Says No Intention To Make An Offer For IWG PLC
Thursday, 1 Feb 2018 09:29am EST 

Feb 1 (Reuters) - Brookfield Asset Management Inc ::NO INTENTION TO MAKE AN OFFER FOR IWG PLC.‍CONSORTIUM ANNOUNCES FOLLOWING DISCUSSIONS WITH BOARD AND MANAGEMENT OF IWG DOES NOT INTEND TO MAKE AN OFFER FOR IWG​.  Full Article

IWG says seen some recent acceleration of investment activity
Thursday, 25 May 2017 02:00am EDT 

May 25 (Reuters) - IWG Plc :"Seen some recent acceleration of investment activity".current visibility on net growth capital expenditure for financial year ended 31 december 2017 is now approximately £230m.Financial expectations for year remain otherwise unchanged and as described on 2 may 2017.  Full Article

PRESS DIGEST- Financial Times - Oct 29

Oct 29 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.