Proactiveinvestors United Kingdom Lighthouse Group https://www.proactiveinvestors.co.uk Proactiveinvestors United Kingdom Lighthouse Group RSS feed en Mon, 20 May 2019 02:18:35 +0100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[RNS press release - Form 8.3 - Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190515151602_14075419/ Wed, 15 May 2019 15:16:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190515151602_14075419/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190514151601_14073746/ Tue, 14 May 2019 15:16:01 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190514151601_14073746/ <![CDATA[RNS press release - Results of Shareholder Meetings ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190510112002_14069921/ Fri, 10 May 2019 11:20:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190510112002_14069921/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190509151602_14068659/ Thu, 09 May 2019 15:16:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190509151602_14068659/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190508151601_14066957/ Wed, 08 May 2019 15:16:01 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190508151601_14066957/ <![CDATA[RNS press release - Result of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190501123001_14059562/ Wed, 01 May 2019 12:30:01 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190501123001_14059562/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190430151602_14057805/ Tue, 30 Apr 2019 15:16:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190430151602_14057805/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190429151604_14055952/ Mon, 29 Apr 2019 15:16:04 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190429151604_14055952/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190426151602_14054139/ Fri, 26 Apr 2019 15:16:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190426151602_14054139/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190425151604_14052374/ Thu, 25 Apr 2019 15:16:04 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190425151604_14052374/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190424151601_14050602/ Wed, 24 Apr 2019 15:16:01 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190424151601_14050602/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190423151602_14048828/ Tue, 23 Apr 2019 15:16:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190423151602_14048828/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group plc ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190417105401_14044743/ Wed, 17 Apr 2019 10:54:01 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190417105401_14044743/ <![CDATA[RNS press release - Form 8 (OPD) Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190415165001_14041799/ Mon, 15 Apr 2019 16:50:01 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190415165001_14041799/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190415104139_14041170/ Mon, 15 Apr 2019 10:41:39 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190415104139_14041170/ <![CDATA[RNS press release - Recommended Cash Offer ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190415070007_14040334/ Mon, 15 Apr 2019 07:00:07 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190415070007_14040334/ <![CDATA[RNS press release - Form 8.3 - LIGHTHOUSE GROUP PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190412095028_14039325/ Fri, 12 Apr 2019 09:50:28 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190412095028_14039325/ <![CDATA[RNS press release - Form 8 (OPD) (Lighthouse Group plc) ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190411150005_14038185/ Thu, 11 Apr 2019 15:00:05 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190411150005_14038185/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190410153014_14036534/ Wed, 10 Apr 2019 15:30:14 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190410153014_14036534/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190409151845_14034783/ Tue, 09 Apr 2019 15:18:45 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190409151845_14034783/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190408152009_14033027/ Mon, 08 Apr 2019 15:20:09 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190408152009_14033027/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group/ Intrinsic Financial ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190408122715_14032823/ Mon, 08 Apr 2019 12:27:15 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190408122715_14032823/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190405151303_14031271/ Fri, 05 Apr 2019 15:13:03 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190405151303_14031271/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190404152037_14029612/ Thu, 04 Apr 2019 15:20:37 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190404152037_14029612/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group PLC ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190404145310_14029555/ Thu, 04 Apr 2019 14:53:10 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190404145310_14029555/ <![CDATA[RNS press release - Form 8.3 - Lighthouse Group Plc ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190404112636_14029229/ Thu, 04 Apr 2019 11:26:36 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190404112636_14029229/ <![CDATA[RNS press release - Form 8.3 - [LIGHTHOUSE GROUP PLC] ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190404095205_14028922/ Thu, 04 Apr 2019 09:52:05 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190404095205_14028922/ <![CDATA[RNS press release - Second Price Monitoring Extn ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190403164041_14027913/ Wed, 03 Apr 2019 16:40:41 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190403164041_14027913/ <![CDATA[RNS press release - Price Monitoring Extension ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190403163559_14027903/ Wed, 03 Apr 2019 16:35:59 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190403163559_14027903/ <![CDATA[RNS press release - Form 8 (DD) - Lighthouse Group Plc ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190403153532_14027827/ Wed, 03 Apr 2019 15:35:32 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190403153532_14027827/ <![CDATA[RNS press release - Maitland Institutional Services Ltd - Form 8.3 - Lighthouse Group plc ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/PRNRNS_201904031031PR_NEWS_UKDISCLO_0097/ Wed, 03 Apr 2019 15:31:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/PRNRNS_201904031031PR_NEWS_UKDISCLO_0097/ <![CDATA[RNS press release - Prospective Board Change ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190403114921_14027448/ Wed, 03 Apr 2019 11:49:21 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190403114921_14027448/ <![CDATA[News - Quilter to buy financial advisory service firm Lighthouse for £46.2mln ]]> https://www.proactiveinvestors.co.uk/companies/news/217852/quilter-to-buy-financial-advisory-service-firm-lighthouse-for-462mln-217852.html UK wealth manager Quilter has agreed to buy financial advisory service firm Lighthouse for £46.2mln.

Lighthouse, an AIM listed firm with 400 financial advisers, will merge with Quilter’s advice business, Intrinsic.

Quilter, which made its stock market debut in June 2018 after being spun out of Old Mutual, will pay £42.2mln for the acquisition after adjusting for £4mln of excess cash on Lighthouse’s balance sheet.  

READ: Quilter proposes inaugural final dividend after 2018 profit and revenue rises despite tough markets

The deal represents a 24.5% premium to Lighthouse's closing share price of 26.5p on Tuesday.

Quilter chief executive, Paul Feeney, said: "As the advice market consolidates the strategic acquisition of Lighthouse will help secure Quilter’s position as the place to go for trusted financial advice in the UK."

Lighthouse chairman, Richard Last, said: "We have continued to make good financial and strategic progress in recent years despite softening market conditions and a tougher regulatory backdrop.

"However, the board believes that Lighthouse will benefit significantly from becoming part of Intrinsic and the wider Quilter group and will be better positioned to deliver an enhanced customer proposition and offer increased opportunities to current staff and advisers that will be available within a larger group."

Last, who will stand down as chairman in May after seven years in the role, added that the acquisition provides Lighthouse shareholders with the opportunity to realise their investment in full and in cash at an attractive premium to the levels at which the share price has traded in recent months. 

The executive management team of Intrinsic, which has 3,500 advisers, is expected to replace Last as chairman and Lighthouse non-executive directors.

The deal is expected to be completed in the second quarter of 2019.

In February, Lighthouse reported a 5% rise in profits to £2.6mln for 2018 on revenue that was largely flat at £53mln.

In morning trading, Lighthouse shares jumped 20.9% to 32.05p while Quilter shares were little changed at 153.08p.

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Wed, 03 Apr 2019 10:17:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/217852/quilter-to-buy-financial-advisory-service-firm-lighthouse-for-462mln-217852.html
<![CDATA[RNS press release - Recommended cash offer for Lighthouse Group plc ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190403070005_14026412/ Wed, 03 Apr 2019 07:00:05 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190403070005_14026412/ <![CDATA[RNS press release - Posting of Annual Report and Notice of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190313170201_14001298/ Wed, 13 Mar 2019 17:02:01 +0000 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190313170201_14001298/ <![CDATA[RNS press release - Final Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190226070016_13981222/ Tue, 26 Feb 2019 07:00:16 +0000 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190226070016_13981222/ <![CDATA[RNS press release - Notice of Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190204070006_13956333/ Mon, 04 Feb 2019 07:00:06 +0000 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190204070006_13956333/ <![CDATA[RNS press release - Strategic review of auto-enrolment business ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190121070005_13940408/ Mon, 21 Jan 2019 07:00:05 +0000 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190121070005_13940408/ <![CDATA[RNS press release - Trading Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190111070003_13931187/ Fri, 11 Jan 2019 07:00:03 +0000 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20190111070003_13931187/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20181119174735_13872535/ Mon, 19 Nov 2018 17:47:35 +0000 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20181119174735_13872535/ <![CDATA[RNS press release - Strategic Investment ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20181114073750_13866285/ Wed, 14 Nov 2018 07:37:50 +0000 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20181114073750_13866285/ <![CDATA[RNS press release - Strategic Agreement ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20181114070002_13865818/ Wed, 14 Nov 2018 07:00:02 +0000 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20181114070002_13865818/ <![CDATA[RNS press release - Renewal of affinity contract ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20181031070007_13848553/ Wed, 31 Oct 2018 07:00:07 +0000 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20181031070007_13848553/ <![CDATA[RNS press release - Affinity contract renewal ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20181023070008_13838220/ Tue, 23 Oct 2018 07:00:08 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20181023070008_13838220/ <![CDATA[RNS press release - New affinity contract ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20181009070007_13820882/ Tue, 09 Oct 2018 07:00:07 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20181009070007_13820882/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20180906144250_13781829/ Thu, 06 Sep 2018 14:42:50 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20180906144250_13781829/ <![CDATA[RNS press release - Interim Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20180904070004_13777398/ Tue, 04 Sep 2018 07:00:04 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20180904070004_13777398/ <![CDATA[News - Lighthouse Group trading ahead of comparative in first six months of 2018 ]]> https://www.proactiveinvestors.co.uk/companies/news/201210/lighthouse-group-trading-ahead-of-comparative-in-first-six-months-of-2018-201210.html Lighthouse Group PLC (LON:LGT) said it is trading ahead of its 2017 comparative in the first six months of 2018.

In a trading update ahead of its half-year results, the AIM-listed financial advisory service said it had continued to trade positively in the first half of the year, in line with expectations and ahead of the comparator period in 2017.

The firm also said it had cash balances at 30 June 2018 of £9.6mln, up from £8.1mln in the same period last year. The company added that it was pleased with trading to date in 2018 and was confident of further progress over the remainder of the year.  Lighthouse will release its half-year results on 4 September 2018.

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Fri, 20 Jul 2018 07:40:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/201210/lighthouse-group-trading-ahead-of-comparative-in-first-six-months-of-2018-201210.html
<![CDATA[RNS press release - Trading Update and Notice of Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20180720070002_13724988/ Fri, 20 Jul 2018 07:00:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20180720070002_13724988/ <![CDATA[RNS press release - Renewal of affinity contract ]]> https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20180718070005_13721696/ Wed, 18 Jul 2018 07:00:05 +0100 https://www.proactiveinvestors.co.uk/companies/rns/569/LSE20180718070005_13721696/