Gattaca drops as boss steps down with immediate effect, dividend cover doubled
A look at some of the biggest risers and fallers in the London market on Wednesday
Company
Belvoir Group PLC
LON:BLV
Belvoir Group PLC operates a nationwide property franchise group with 487 offices across seven brands specialising in residential lettings, property management, residential sales and property-related financial services. With its central office in Grantham, Lincolnshire, the group manages 75,000 properties and reported record revenues of £33.7m in 2022 marking Belvoir's 26th year of unbroken profit growth.
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Belvoir Lettings "excited by the continued opportunities for consolidation within the sector"
Management service fees increased by 22% year-on-year, while group revenue rose 13% to £11.1mln
FTSE 100 closes strongly higher as markets stabilise
The UK blue chip index closed up 138 at 7,279 - above the day’s peak of 7,255.
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Contract wins boost shares in both WANdisco and Corero Network Security
Some of the biggest risers and fallers in the London market on Wednesday
Belvoir franchisees beat 2017 target for portfolio acquisitions
Belvoir loans its franchisees up to 30% of the deal value to help them grow their portfolios
Investments and investor services
FTSE 100 closes higher; Next keeps festive cheer rolling
On a separate note, Mifid II comes into force today with the aim of increasing transparency and making everyone in the investment chain more accountable for their decisions
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Surprise trading update is just the job for Robert Walters
The trading update was short and sweet. Liberum responded by increasing its target price.
FTSE 100 closes higher as energy stocks provide a boost; supermarkets weigh
Robert Walters sprang a pleasant surprise on the market with an unscheduled trading update.
Belvoir Lettings says Brook Financial Services' net written business up 57% in two months since purchase
Belvoir said Brook’s net written business is also running at over 40% ahead of the average business achieved in the first seven months of 2017, prior to being acquired
Lettings agent Belvoir slates Hammond for lack of Budget help for landlords
“Lack of a deposit and affordability are certainly not the only factors that are driving tenant demand"
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Proactive news snapshot: Lionsgold, Iofina, IXICO, Ades, Nanobiotix
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Belvoir Lettings withdraws possible merger offer for The Property Franchise Group
Belvoir Lettings is “disappointed” that directors of The Property Franchise Group have declined talks about a possible merger offer
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Proactive news spotlight - Xtract Resources, Directa Plus, IronRidge Resources, Avation, BOS GLOBAL, appScatter, Akers Biosciences, Belvoir Lettings
It was another busy day for London's junior miners, drug developers and technology groups.
Funds want The Property Franchise Group to talk to Belvoir Lettings over possible merger
Belvoir made a cash and share approach to TPFG in October worth 130.5p per share or £33.7mln in total
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Proactive news snapshot: Victoria Oil & Gas, Shanta Gold, Belvoir Lettings,Cabot Energy
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Belvoir Lettings delighted with performance of Northwood subsidiary
Belvoir central office provides practical support and part funding for franchisee-led acquisitions, something that was not available to Northwood franchisees under previous ownership
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Proactive news spotlight: Ortac, Galileo, Landore, Union Jack Oil, Aminex, Solo Oil, Redx Pharma, Belvoir Lettings, Satellite Solutions, BATM
A round-up of the small cap news stories on Monday, November 6.
Belvoir Lettings nabs Franchise/ Network of the Year at the Negotiator Awards
"This is an absolutely stunning result and I could not be prouder of Belvoir," said Dorian Gonsalves, chief executive officer of Bevoir