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Pin to quick picksMothercare Share News (MTC)

Share Price Information for Mothercare (MTC)

London Stock Exchange
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Share Price: 4.45
Bid: 4.00
Ask: 4.90
Change: -0.20 (-4.30%)
Spread: 0.90 (22.50%)
Open: 4.65
High: 0.00
Low: 0.00
Prev. Close: 4.65
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AIM WINNERS & LOSERS: Mothercare misses payment; Argos licence renewed

Mon, 11th Apr 2022 10:57

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

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AIM - WINNERS

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Argos Resources Ltd, up 28% at 2.50 pence, 12-month range 0.68p-3.50p. Falkland Islands government extends the second term of the company's PL001 licence from May 1 to December 31 with no additional work commitments.

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Quadrise Fuels International PLC, up 12% at 2.19p, 12-month range 1.52p-6.35p. Signs phased commercial development agreement with Utah-headquartered Valkor Technologies LLC to commercialise Quadrise's MSAR and bioMSAR technology at Valkor's projects. Valkor will deliver a crude oil sample from a heavy oil asset in Utah to Quadrise. Quadrise will then perform analysis and testing on the sample to confirm that it is suitable to produce MSAR and bioMSAR. Quadrise intends to grant Valkor exclusive terms over the deployment of QFI technology in Utah.

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Poolbeg Pharma PLC, up 7.0% at 6.37p, 12-month range 5.10p-12.90p. Notes "number" of new investors expressing interest in acquiring up to GBP1.6 million of company's shares which are currently locked-up and held in trust by Croft Nominees Ltd as a result of the distribution in specie from Open Orphan PLC in June last year. New investors have committed to buy up to GBP1.6 million of the distribution in specie shares on or around April 26 at 5.9p per share. "There is strong demand from these new investors in acquiring shares in the company, with the largest individual investor being an experienced life science investor. This is a clear vote of confidence in the company's prospects as it enters an extremely exciting phase of its development with its first human challenge clinical trial due to commence in June 2022 with multiple value inflection points expected in 2022 and beyond," company explains.

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AIM - LOSERS

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Mothercare PLC, down 3.2% at 10.50 pence, 12-month range 10.10p-19.35p. Will not be making first instalment of the deficit repayment contributions due for its pension schemes due to reduced cash generation as a result of suspending its Russian business. "The Trustees have responded and the discussions have commenced with the provision of forecasts and information to the Trustees and their advisors," company says. In better news, sees earnings for financial 2022 ahead of the current market expectations, although business has been hit by the pandemic. For year ended March 26, guides for net worldwide sales of GBP385 million. Adjusted Ebitda to be between GBP11.5 million and GBP12 million. Looking ahead, has completely excluded Russia from its forecasts given the uncertainty around the reopening of the stores in the country. Guides for GBP6 million hit from Russia war.

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By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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20 Nov 2014 14:23

Numis stays positive on Mothercare

Numis Securities is staying upbeat on Mothercare's prospects after the baby goods retailer said its lacklustre UK business was showing signs of improvement. Mothercare said on Thursday that UK like-for-like sales were up 1.5% against a 1.4% fall last time while the group moved back into the black

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20 Nov 2014 08:47

Baby goods retailer Mothercare sees UK improvement

LONDON, Nov 20 (Reuters) - Baby goods retailer Mothercare posted a small rise in first-half profit and said lower losses and improving sales in the United Kingdom provided early encouragement for its new turnaround plan. While Mothercare's overseas business is profitable, fierce competitio

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20 Nov 2014 08:03

Mothercare sees improvement in UK business

Baby goods retailer Mothercare hailed signs of improvement in its lacklustre UK business as it posted a first-half pre-tax profit of £5.5m compared to last year's loss of £11m. The group said it had made progress towards establishing itself as a full-price retailer in the UK, where it has faced comp

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14 Nov 2014 06:16

UK Earnings, Trading Statements Calendar - Week Ahead

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13 Nov 2014 16:30

UK Earnings, Trading Statements Calendar - Week Ahead

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30 Oct 2014 08:36

Thursday broker round-up UPDATE

Afren: Deutsche Bank cuts target price from 130p to 110p retaining its hold recommendation. Antofagasta: JP Morgan lowers target price from 760p to 755p and reiterates a neutral rating. Investec lowers target price from 717p to 704p and keeps a hold recommendation. Balfour Beatty: Jefferies cuts ta

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28 Oct 2014 09:34

UK BROKER RATINGS: Numis Cuts Standard Chartered To Hold From Add

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28 Oct 2014 09:18

Tuesday broker round-up UPDATE

Afren: Credit Suisse lowers target price from 132p to 115p staying with its outperform rating. African Barrick Gold: Westhouse moves target price from 230p to 240p and keeps an add rating. Anglo American: Investec reduces target price from 1603p to 1588p and keeps a buy recommendation. APR Energy:

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27 Oct 2014 10:17

UPDATE: Mothercare Receives 95% Acceptances For Rights Issue (ALLISS)

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27 Oct 2014 07:43

Mothercare Receives 95% Acceptances For 9-For-10 Rights Issue (ALLISS)

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10 Oct 2014 13:39

Mothercare rights issue takes effect

Mothercare shares were in the red on Friday after the 79.9m new shares issued as part of its rights issue began trading. The funds raised by the 125p-a-share rights issue, which received overwhelming support from its investors at Thursday's extraordinary general meeting, will be used to enhance its

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10 Oct 2014 05:26

UK AGM, EGM Calendar - Week Ahead

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9 Oct 2014 15:15

UK AGM, EGM Calendar - Week Ahead

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9 Oct 2014 11:47

Mothercare Shareholders Approve Its GBP100 Million Rights Issue (ALLISS)

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9 Oct 2014 07:31

UK MORNING BRIEFING: Miners Lead FTSE 250 Gains After Fed Minutes

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