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KCOM Group PLC (KCOM.L)

KCOM.L on London Stock Exchange

120.00GBp
31 Jul 2019
Change (% chg)

0.00 (+0.00%)
Prev Close
120.00
Open
120.20
Day's High
120.20
Day's Low
120.00
Volume
1,277,921
Avg. Vol
2,100,334
52-wk High
120.20
52-wk Low
54.10

Latest Key Developments (Source: Significant Developments)

KCOM Group Says Results For Year Show An Anticipated Decline In Group Revenue
Wednesday, 31 Jul 2019 

July 31 (Reuters) - KCOM Group PLC ::RESULTS FOR YEAR SHOW AN ANTICIPATED DECLINE IN GROUP REVENUE OF £20.3 MILLION (7%).DECLINE IN FY EBITDA OF £11.2 MILLION (16%), COMPARED TO PRIOR YEAR.HULL & EAST YORKSHIRE SEGMENT CONTINUED TO PERFORM WELL WITH REVENUE GROWTH IN CONSUMER CHANNEL IN FY.COMPLETED ROLLOUT OF FIBRE ACROSS OUR EXISTING NETWORK, PASSING ALL PROPERTIES WE ARE ABLE TO PASS.  Full Article

KCOM directors Recommend Superior Offer From MEIF 6 Fibre
Friday, 12 Jul 2019 

July 12 (Reuters) - KCOM Group Plc ::RECOMMENDATION OF REVISED MEIF 6 FIBRE OFFER.CO'S DIRECTORS CONSIDER TERMS OF MEIF 6 FIBRE OFFER TO BE FAIR AND REASONABLE.KCOM DIRECTORS HAVE BEEN SO ADVISED BY ROTHSCHILD & CO AS TO FINANCIAL TERMS OF MEIF 6 FIBRE OFFER.KCOM DIRECTORS RECOMMEND UNANIMOUSLY THAT KCOM SHAREHOLDERS VOTE IN FAVOUR OF SCHEME IN RESPECT OF MEIF 6 FIBRE OFFER.KCOM DIRECTORS ADVISE KCOM SHAREHOLDERS TO TAKE NO ACTION IN RELATION TO USS OFFER .  Full Article

USSL Backed Humber Bidco Raises Offer For KCOM Group To 110 Pence Per Share
Wednesday, 10 Jul 2019 

July 10 (Reuters) - USSL::UNIVS.SUPERANNUATION KCOM GROUP PLC - REVISED INCREASED CASH OFFER.UNIVERSITIES SUPERANNUATION SCHEME - REVISED INCREASED OFFER FOR EACH KCOM SHARE TO 110 PENCE IN CASH.UNIVERSITIES SUPERANNUATION - REVISED INCREASED OFFER VALUES ENTIRE ISSUED AND TO BE ISSUED ORDINARY SHARE CAPITAL OF KCOM AT APPROXIMATELY £573 MILLION.  Full Article

Ofcom Appoints BT & Kcom To Deliver UK's Broadband 'Universal Service'
Thursday, 6 Jun 2019 

June 6 (Reuters) - UK's Ofcom::OFCOM APPOINTS BT AND KCOM TO DELIVER UK'S BROADBAND 'UNIVERSAL SERVICE' FROM MARCH.OFCOM SAYS EVERYONE IN UK WILL HAVE LEGAL RIGHT TO REQUEST "DECENT AND AFFORDABLE" BROADBAND CONNECTION FROM MARCH NEXT YEAR.OFCOM SAYS BT TO BE RESPONSIBLE FOR CONNECTING PROPERTIES IN WHOLE OF UK EXCEPT HULL AREA.UK'S OFCOM - UNDER LEGISLATION FOR NEW SERVICE, COST OF PROVIDING CONNECTIONS TO ELIGIBLE HOMES WILL BE PAID FOR UP TO £3,400.OFCOM SAYS KCOM WILL BE DESIGNATED PROVIDER OF UK'S BROADBAND 'UNIVERSAL SERVICE.UK'S OFCOM - IN AUTUMN, WILL CONSULT ON WHICH OTHER COS WOULD CONTRIBUTE TO FUND COSTS THAT IT WOULD NOT BE APPROPRIATE FOR BT OR KCOM TO COVER.OFCOM - GIVEN BT, KCOM UNTIL MARCH 20 2020 TO MAKE PREPARATIONS TO START BUILDING NEW BROADBAND CONNECTIONS.  Full Article

Majedie Asset Management Says Sold Entire Stake in KCOM
Monday, 29 Apr 2019 

April 29 (Reuters) - Majedie Asset Management Ltd::STATEMENT RE POSSIBLE OFFER.ON 24 APRIL, FOLLOWING RELEASE OF HUMBER BIDCO'S OFFER FOR KCOM, MAJEDIE SOLD ITS ENTIRE HOLDING OF KCOM SHARES.  Full Article

USSL To Buy KCOM In Deal Valued At About 504 Mln Pounds
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Universities Superannuation Scheme::RECOMMENDED CASH ACQUISITION.BOARDS OF BIDCO AND KCOM REACHED AGREEMENT ON TERMS OF A RECOMMENDED CASH ACQUISITION OF KCOM.UNDER TERMS OF ACQUISITION, KCOM SHAREHOLDERS TO BE ENTITLED TO RECEIVE: FOR EACH KCOM SHARE 97 PENCE IN CASH.ACQUISITION VALUES ENTIRE ISSUED AND TO BE ISSUED ORDINARY SHARE CAPITAL OF KCOM AT APPROXIMATELY £504 MILLION.KCOM DIRECTORS INTEND TO RECOMMEND UNANIMOUSLY THAT KCOM SHAREHOLDERS VOTE IN FAVOUR OF SCHEME AT COURT MEETING.IF ANY DIVIDEND/DISTRIBUTION AUTHORISED, DECLARED, FOR KCOM SHARES ON/AFTER APRIL 24, BIDCO RESERVES RIGHT TO REDUCE DEAL PRICE.  Full Article

KCOM Group Confirms FY Trading & Net Debt Remains In Line With Market Expectations
Friday, 22 Mar 2019 

March 22 (Reuters) - KCOM Group PLC ::GROUP CONFIRMS TRADING AND NET DEBT REMAINS IN LINE WITH MARKET EXPECTATIONS FOR FINANCIAL YEAR ENDING 31 MARCH 2019.EXPECTS TO PROPOSE A FINAL DIVIDEND FOR YEAR OF NOT LESS THAN 2P PER SHARE.  Full Article

UK's Ofcom Proposed To Designate BT & KCom As UK's Broadband Universal Service Providers
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - BT Group PLC ::UK'S OFCOM - PROPOSED TO DESIGNATE BT AND KCOM AS UK'S BROADBAND UNIVERSAL SERVICE PROVIDERS.UK'S OFCOM - BT, KCOM, HYPEROPTIC SATISFIED ALL CRITERIA; HYPEROPTIC SUBSEQUENTLY WITHDREW INTEREST IN BEING A UNIVERSAL SERVICE PROVIDER.UK'S OFCOM - PROPOSE BT AS UNIVERSAL SERVICE PROVIDER ACROSS WHOLE OF UK EXCLUDING HULL AREA, AND KCOM FOR HULL AREA.  Full Article

Teleios Capital Partners Raises Stake In KCOM To 13.15 Pct From 11.47 Pct- Filing
Monday, 5 Nov 2018 

Nov 5 (Reuters) - KCOM Group PLC ::TELEIOS CAPITAL PARTNERS RAISES STAKE IN KCOM GROUP TO 13.15 PERCENT FROM 11.47 PERCENT- FILING.  Full Article

KCom Started Process To Recruit A New Chief Executive
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Kcom Group Plc ::KCOM GROUP PLC - HAS STARTED PROCESS TO RECRUIT A NEW CHIEF EXECUTIVE, IN ORDER TO EFFECT A MANAGED SUCCESSION PLAN FOR GROUP'S LEADERSHIP.  Full Article