Talktalk Telecom Group PLC (TALK.L)
19 Feb 2018
Mon, Feb 12 2018
* INVESCO LTD STAKE IN TALKTALK TELECOM GROUP RISES TO 16.26 PERCENT FROM A 13.95 PERCENT EARLIER - REGULATORY FILING Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)
Feb 8 Britain's Investment Association said on Thursday that TalkTalk raising cash from investors through a placing was "a blatant disregard of the industry-accepted standards".
* 190,654,206 NEW SHARES PLACED AT A PRICE OF 107 PENCE PER PLACING SHARE TO RAISE NET PROCEEDS OF ABOUT £200 MILLION AFTER EXPENSES
(The following statement was released by the rating agency) LONDON, December 11 (Fitch) Fitch Ratings has affirmed TalkTalk Telecom Group Plc's (TalkTalk) Long-Term Issuer Default Rating (IDR) at 'BB-'. The Outlook is Stable. A full list of rating actions is detailed below. The rating reflects TalkTalk's sizeable position in the UK broadband market, focus on a niche value-for money segment and a business model that currently generates below-sector average free cashflow (FCF) margins. The company