M&G Share News (MNG)

Director dealings: M&G chair invests, Investec director offloads shares

(Sharecast News) - Among the director dealings were disclosed to the market on Thursday were two involving executives from M&G and Investec Group.

IN BRIEF: M&G spends GBP150 million on bond issue as planned

M&G PLC - London-based investment manager - Provides results of bond tender offer launched on Monday last week. Spends around GBP150.0 million, in line with its plan. All of this will be for its 2055 notes. No 2051, 2063 or 2068 notes will be accepted for purchase, M&G says. The acceptance amount for the 2055 notes is about GBP161.0 million.

IN BRIEF: M&G to spend GBP150 million on bond tender offer as planned

M&G PLC - London-based investment manager - Provides indicative results of bond tender offer launched on Monday last week. Expects to spend about GBP150.0 million, in line with its plan. All of this will be for its 2055 notes. No 2051, 2063 or 2068 notes will be accepted for purchase, M&G says. The expected acceptance amount for the 2055 notes is about GBP161.0 million. M&G expects the purchase spread to be 230 basis points and the pro-ration factor to be 75%.

Legal & General plans $250 million share buyback, merges investment units

LONDON, June 12 (Reuters) - British life insurer Legal & General is planning a 200 million pound ($254.9 million) share buyback and a merger of its investment units, it said on Wednesday, as it looks to boost returns by moving towards less capital-intensive business.

UK equities slip as French election, US rate uncertainty make investors jittery

FTSE 100 down 0.2%, FTSE 250 off 0.5%

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LONDON MARKET MIDDAY: Europe heads lower amid political turmoil in EU

(Alliance News) - Stock prices in London were lower at midday Monday, along with the rest of Europe, as investors digest uncertainty from the latest EU elections.

M&G makes bond tender offers in GBP450 million deleveraging plan

(Alliance News) - M&G PLC on Monday said it will take a series of actions to reduce debt by up to GBP450 million, including buying back bonds and not replacing them.

LONDON BROKER RATINGS: JPMorgan cuts Aviva but lifts M&G

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday:

LONDON MARKET OPEN: Europe sinks, euro down amid French snap election

(Alliance News) - Stock prices in London took a hit at the open on Monday, with eyes on the US Federal Reserve and the trajectory of interest rates.

LONDON BRIEFING: FTSE called down amid political uncertainty in EU

(Alliance News) - Stocks in London are called to open lower on Monday, setting off the week on the backfoot, with eyes on the US Federal Reserve's latest interest rate decision.

PRESS: M&G drops challenge to Superdry's rescue plan — Sky News

(Alliance News) - The landlord of Superdry PLC's flagship store will not formally seek to block a restructuring plan, which could have sent the ailing retailer on path for a four-week sale process.

Investors rush to grab piece of $1.8 trillion UK pensions pie

Aspinall, Carlyle hope to do capital-backed deals this year

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LONDON BROKER RATINGS: Barclays cuts NextEnergy but lifts JLEN

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:

UK shareholder meetings calendar - next 7 days

LONDON BROKER RATINGS: JPMorgan puts B&M on 'negative catalyst watch'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: