UK property development firm listed on CSE – In

The Cyprus Stock Exchange (CSE) announces the listing of 500,000 bonds (Maturity 2023) of UK company All Saints Commercial Plc with a nominal value of £1 at a listing price of £1. The securities will be traded in Sterling Pound (£) and will commence trading on January 15 2016. Upon the listing of the aforementioned issue, the company will proceed with the issue of additional securities up to GBP9.5mn on the same terms as those forming the object of this issue. All Saints Commercial Plc Read more [...]

Cannes Lions set to for IPO : $290 million likely to be raised

The parent company of the Cannes Lions International Festival of Creativity has confirmed its intention to do an initial public offering on the London Stock Exchange. Ascential, owned by private equity group Apax and the U.K.'s Guardian Media Group, is an events and business information company. Its most important business is the Cannes Lions festival. The Cannes Lions festival, revealed the American magazine AdAge,  has been reassuring the ad world  that the proposed move from a private company Read more [...]

DIY cold war nuclear bunker in Norfolk given Grade II listed status

A DIY nuclear bunker built in a back garden during the cold war has been given protected status. Despite being constructed of mainly secondhand materials such as reinforced concrete, steel and brick, the one-storey bunker in Taverham, Norfolk, featured creature comforts including a spa bath and carpets. The shelter was built by Noel Barrett in an area of private woodland in his back garden in 1982, at the height of cold war tension, to protect him and his family in the event of nuclear fall-out. Read more [...]

O’Flynn transfer-listed by Crusaders

Crusaders manager Stephen Baxter has reluctantly agreed to place striker Stephen O'Flynn on the transfer list. The former Derry City and Institute forward joined the Seaview club in the January transfer window last year. The 33-year-old has found his first-team opportunities with the Premiership champions limited this season. "Stephen O'Flynn is a superb talent and a first class professional and it is Read more [...]

UK-listed travel and leisure stocks slump on Jakarta attack

The investment bank downgraded TUI’s rating to neutral. Although JPMorgan believes the group can deliver its earnings growth target of “at least 10pc” by 2018, it warned adverse economic conditions in European could hurt the group’s prospects. Meanwhile, Merlin Entertainments suffered its worst one-day drop ever on the lowered rating, as JPMorgan believes its valuation is “increasingly difficult to justify”. Even if Merlin were to accelerate the rollout of its seven new Midway sites Read more [...]