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Share Price: 58.50

Bid: 0.00

Ask: 0.00

Change: 0.00 (0.00%)

Spread: 1.00 (1.724%)

Open: 0.00

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Prev. Close: 58.50

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IN BRIEF: Kinovo would not recommend 56p per share bid from Rx3

Fri, 01st Sep 2023 19:56

Kinovo PLC - London-based property services provider offering safety compliance and sustainability solutions - Says it would not recommend shareholders accept a 56 pence per share offer from Rx3 Holdings Ltd should a firm bid be made. On August 24, Kinovo said it had received a non-binding indicative offer from Rx3 which may or may not lead to an offer being made.

Decision follows a process of consultation with certain key shareholders and considered direct shareholder feedback.

Current stock price: 52.00 pence

12-month change: up 33%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

More News

19 Aug 2022 08:47

LONDON MARKET OPEN: Just Eat jumps on JV stake sale; Joules feels heat

(Alliance News) - European equities edged lower in early dealings on Friday, with traders wary of the possibility of another chunky 75 basis point rate hike from the US Federal Reserve next month, after a series of hawkish comments from the central bank's policymakers.

11 Jul 2022 21:40

TRADING UPDATES: Byotrol anticipating positive full-year earnings

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

16 May 2022 21:22

IN BRIEF: Kinovo's sold business DCB appoints joint administrators

Kinovo PLC - London-based property services company focused on safety and regulatory compliance, land regeneration and energy efficiency - Notes that former construction business and subsidiary DCB Kent Ltd has appointed two partners of CFS Restructuring LLP as joint administrators.

6 May 2022 11:18

AIM WINNERS & LOSERS: SDI upbeat; Westminster rises on contract win

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

6 May 2022 10:28

IN BRIEF: Kinovo shares plunge as sold business DCB calls for support

Kinovo PLC - London-based property services company focused on safety and regulatory compliance, land regeneration and energy efficiency - Shares fall as it loses out on the sale of its construction business DCB Kent Ltd. Pretax loss on the disposal amounts to GBP5.0 million due to delays in completing active projects.

21 Feb 2022 06:44

IN BRIEF: Western Selection reports half-year rise in net asset value

Western Selection PLC - AQSE-listed activist investor in small UK companies - Net asset value per share grows to 68 pence on December 31, the end of its financial first half, from 56p on June 30 last year and 47p a year before. Declares no interim dividend. Western Selection explains it stopped paying a dividend back in September 2019 due to the costs of maintaining a stock market listing and as its portfolio companies stopped paying dividends during the virus pandemic. More positively, notes the share prices of its two core holdings, AIM-listings Northbridge Industrial Services PLC and Kinovo PLC, rose by 45% and 11%, respectively, during the six-month period. Interim pretax profit is GBP117,000 - including a dividend from Kinovo - swung from a loss of GBP260,000 a year before.

12 Jan 2022 10:44

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Kinovo Plc Share News (KINO)

Share Price Information for Kinovo Plc (KINO)

IN BRIEF: Kinovo would not recommend 56p per share bid from Rx3

LONDON MARKET OPEN: Just Eat jumps on JV stake sale; Joules feels heat

TRADING UPDATES: Byotrol anticipating positive full-year earnings

IN BRIEF: Kinovo's sold business DCB appoints joint administrators

AIM WINNERS & LOSERS: SDI upbeat; Westminster rises on contract win

IN BRIEF: Kinovo shares plunge as sold business DCB calls for support

IN BRIEF: Western Selection reports half-year rise in net asset value

Kinovo shares jump upon sale of construction division for GBP5 million

EARNINGS UPDATES: Carr's beats expectations; Premier assets hit record

Kinovo interim revenue rises amid plans to sell construction division

UK shareholder meetings calendar - next 7 days

DIRECTOR DEALINGS: IntegraFin COO sells; Chaarat Gold chair buys

IN BRIEF: Kinovo resumes final dividend despite drop in pretax profit

Latest Share Chat

Kinovo Plc Share News (KINO)

Share Price Information for Kinovo Plc (KINO)

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IN BRIEF: Kinovo would not recommend 56p per share bid from Rx3

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