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UBM PLC (UBM.L)

UBM.L on London Stock Exchange

888.00GBp
23 Jan 2018
Change (% chg)

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888.00
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1,329,694
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914.00
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639.00

Latest Key Developments (Source: Significant Developments)

Informa Expects To Deliver More Than 3% Underlying Revenue Growth in FY 2017​
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Informa Plc ::‍CAN CONFIRM IN RESPECT OF 2017 FINANCIAL YEAR IT EXPECTS GROUP WILL DELIVER MORE THAN 3% UNDERLYING REVENUE GROWTH​.‍IN 2018 FINANCIAL YEAR, TARGETING UNDERLYING REVENUE GROWTH FOR GROUP OF MORE THAN 3.5% AND SUSTAINED UNDERLYING REVENUE GROWTH IN ALL FOUR DIVISIONS​.  Full Article

Informa Offers To Buy UBM Plc
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - UBM PLC ::PROPOSED COMBINATION OF INFORMA PLC AND UBM PLC.PROPOSED COMBINATION OF INFORMA PLC AND UBM PLC TO CREATE LEADING B2B INFORMATION SERVICES GROUP.‍PROPOSED COMBINATION WOULD BE IMPLEMENTED THROUGH A SHARE AND CASH OFFER BY INFORMA FOR ENTIRE SHARE CAPITAL OF UBM​.‍UNDER TERMS OF PROPOSED COMBINATION, UBM SHAREHOLDERS WOULD RECEIVE: FOR EACH UBM SHARE: 1.083 INFORMA SHARES; AND 163 PENCE IN CASH​.COMBINED GROUP WILL BE OWNED C. 65.5% BY INFORMA SHAREHOLDERS AND C. 34.5% BY UBM SHAREHOLDERS.‍DISCUSSIONS BETWEEN PARTIES REMAIN ONGOING REGARDING OTHER TERMS AND CONDITIONS OF PROPOSED COMBINATION​.PROPOSED COMBINATION IS EXPECTED TO RESULT IN SIGNIFICANT SYNERGIES FOR COMBINED GROUP.DEREK MAPP, CHAIRMAN OF INFORMA PLC, WOULD BE CHAIRMAN OF COMBINED GROUP.‍UBM SHAREHOLDERS WOULD BE ENTITLED TO RECEIVE FINAL UBM DIVIDEND IN RESPECT OF YEAR ENDED 31 DECEMBER 2017​.STEPHEN A. CARTER, CHIEF EXECUTIVE OF INFORMA PLC, WOULD BE CHIEF EXECUTIVE OF COMBINED GROUP.  Full Article

UBM ‍Says In Discussions With Informa Regarding Potential Combination Of Two Companies​
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - UBM Plc ::‍IN DISCUSSIONS REGARDING A POTENTIAL COMBINATION OF TWO COMPANIES​.‍UBM AND INFORMA CONFIRM THAT THEY ARE IN DISCUSSIONS REGARDING A POTENTIAL COMBINATION OF TWO COMPANIES​.‍UBM AND INFORMA ARE IN PRELIMINARY DISCUSSIONS ABOUT DETAILS OF POTENTIAL COMBINATION​.‍THERE CAN BE NO CERTAINTY THAT ANY FIRM OFFER WILL BE MADE OR AS TO TERMS ON WHICH ANY OFFER MIGHT BE MADE​.  Full Article

UBM ‍says ‍trading since half year has been strong
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - UBM Plc :‍ISSUES FOLLOWING TRADING UPDATE FOR CURRENT FINANCIAL YEAR TO DATE​.‍TRADING SINCE HALF YEAR HAS BEEN STRONG AND GROUP IS ON TRACK TO DELIVER SIGNIFICANTLY ACCELERATED ADJUSTED UNDERLYING REVENUE GROWTH IN ANNUAL EVENTS FOR FULL YEAR.  Full Article

UBM buys Asian exhibitions business Allworld Exhibitions
Tuesday, 13 Dec 2016 

UBM : Has agreed to acquire Allworld Exhibitions for a cash consideration which values business at $485 million on a debt and cash free basis . Allworld is a privately-owned Asian exhibitions business operating 51 tradeshows in 11 countries and across nine industry sectors .Allworld generated revenues of $97.2 million and EBITDA of $37.6 million (38.7% margin) during the twelve months ended 30 June 2016.  Full Article

UBM H1 adj oper profit up 24.5 pct
Friday, 29 Jul 2016 

UBM Plc : H1 continuing adjusted operating profit up 24.5 pct to 93.4m stg . Interim dividend 5.4 penceper share . H1 revenue rose 8 percent to 380 million stg . Full year trading outlook unchanged . With more than 80 pct of group's revenues generated in us and emerging markets and less than 10 pct from UK , expect little impact from Brexit .Continue to see high-quality acquisition opportunities to strengthen further portfolio.  Full Article

UK's CMA accepts undertakings for GTCR's deal to buy PR Newswire
Friday, 8 Jul 2016 

UK's CMA (Competition and Markets Authority): Has today accepted undertakings in lieu of reference to phase 2 given by GTCR .GTCR and PR Newswire merger will therefore not be referred to phase 2; undertakings which have been signed by GTCR will come into effect from this date.  Full Article

UK's CMA says GTCR undertakings might be accepted
Tuesday, 21 Jun 2016 

UK's CMA:UK's CMA considered GTCR Undertakings offered; considers undertaking offered might be accepted to remedy substantial decrease of competition for GTCR/PR Newswire deal.  Full Article

UK's CMA says to investigate GTCR deal to buy PR Newswire unless undertakings offered
Monday, 20 Jun 2016 

Competition and Markets Authority : To refer acquisition by GTCR Canyon Holdings of PR Newswire for phase 2 investigation unless parties offer acceptable undertakings Link to source: (http://bit.ly/28ITo7z) (((Bengaluru Newsroom +91 806 749 1136);)).  Full Article

UBM says US DOJ files for clearance for proposed sale of PR Newswire
Monday, 13 Jun 2016 

UBM Plc : DOJ files for clearance for proposed sale of PR Newswire . Department of justice has filed its proposed settlement under Hart-Scott-Rodino Antitrust Improvements Act of 1976 in relation to sale of PR Newswire to PWW Acquisition .Expects government to grant early termination of Hart-Scott-Rodino act waiting period shortly, which would then permit parties to close transaction.  Full Article

LIVE MARKETS-Closing snapshot: European stocks end slightly lower

* European shares end slightly lower * Earnings in focus: ASML, Casino, Pearson, Burberry * Informa agrees to buy UBM * Tech stocks lead Wall St higher Jan 17 Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net CLOSING SNAPSHOT: EUROPEAN STOCKS END S