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India

AA PLC (AAAA.L)

AAAA.L on London Stock Exchange

136.00GBp
18 May 2018
Change (% chg)

-0.60 (-0.44%)
Prev Close
136.60
Open
135.95
Day's High
138.45
Day's Low
134.75
Volume
6,420,844
Avg. Vol
6,033,472
52-wk High
255.70
52-wk Low
69.92

Latest Key Developments (Source: Significant Developments)

AA Says To Sell Home Emergency Services Policy Book To Homeserve​
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - AA Plc ::‍IT HAS AGREED TO SELL AA'S HOME EMERGENCY SERVICES POLICY BOOK TO HOMESERVE​.‍HOMESERVE WILL ACQUIRE APPROXIMATELY 70,000 CONSUMER POLICIES WHO WILL MIGRATE FROM MAY 2018​.‍TRANSACTION IS EXPECTED TO COMPLETE EARLY IN 2018​.‍HOMESERVE WILL OPERATE BUSINESS UNDER AA BRAND FOR NEXT THREE YEARS​.‍ON COMPLETION, APPROXIMATELY 70 PLUMBING AND GAS ENGINEERS WILL TRANSFER TO HOMESERVE​.  Full Article

Q3 average quoted British motor premiums fall 5 pct since Q2- AA
Friday, 27 Oct 2017 

Oct 27 (Reuters) - AA PLC :THE AVERAGE QUOTE FOR A COMBINED BUILDINGS AND CONTENTS POLICY HAS RISEN BY 1.2 PERCENT TO £159.69 OVER QUARTER ENDING 30 SEPT- AA‍​.AVERAGE OF FIVE CHEAPEST PREMIUMS QUOTED FOR CAR INSURANCE FELL FROM £714.85 TO £679.93 OVER THE QUARTER ENDING 30TH SEPTEMBER - AA.AVERAGE QUOTED MOTOR PREMIUMS HAVE FALLEN BY NEARLY 5% OVER THE PAST QUARTER, ALTHOUGH THEY STILL REMAIN ALMOST 10% HIGHER THAN THIS TIME LAST YEAR .THE DROP IS ATTRIBUTED TO THE POTENTIAL CHANGE IN THE OGDEN OR 'DISCOUNT RATE', POTENTIAL MINISTRY OF JUSTICE WHIPLASH REFORMS AS WELL AS CONTINUING COMPETITIVE PRESSURE‍​.  Full Article

AA H1 trading EBITDA flat at 192 mln stg
Wednesday, 28 Sep 2016 

Aa Plc : Trading revenue grew 2 pct to 467 mln stg . Group trading ebitda flat at 192 mln stg .Recommended dividend increased to 3.6 pence per share.  Full Article

AA flags in-line trading, says Brexit to have minimal impact
Thursday, 4 Aug 2016 

Aa Plc : Trading in line with expectations and personal membership numbers stabilising . Trading, which is in line with market expectations, is benefiting from ongoing transformation of AA . Expect brexit to have a minimal effect on our business . Expect disposal of Irish business to close shortly .Insurance underwriter is progressing well and we recently launched home insurance underwriting, building on strength of our brand.  Full Article

Motoring group AA to sell Irish business to Carlyle fund
Thursday, 30 Jun 2016 

AA Plc : To sell Irish business and operations to Carlyle Cardinal Ireland Fund, L.P. (CCI) and Carlyle Global Financial Services Partners Ii, L.P. . Deal for a cash consideration payable at completion of eur 156.6m . AA intends to use net cash proceeds for partial repayment of its debt . Will enter into a long term ongoing services agreement which will preserve current trading arrangements between AA and AA Ireland .Dean Street Advisers acted as advisers to aa on transaction.  Full Article

No bonus for fired chairman, says British roadside recovery firm AA

LONDON, May 11 Bob Mackenzie, who was fired as AA's executive chairman for gross misconduct, received no bonus for last year, the British roadside recovery and insurance company said in its annual report on Friday.