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Ian Pollard – IWG Receives An Approach

IWG plc IWG confirms that it has received an approach from Terra Firma Investments Ltd regarding a possible cash offer for its entire share capital.  This being considered by the Board and there is no certainty that an offer will be made.

Marlowe plc produced another strong financial performance in the year to the 31st March,  its second year of trading as Marlowe plc and one in which it completed nine acquisitions. Adjusted revenue rose by 72%, EBITDA by 81%, profit before tax by 74% and earnings per share by 35%. The current years trading is in line with expectations.

Pebble Beach Systems PEB Despite challenging market conditions which coincided with a period of technology changes, PEB’s performance in the year to 31st December was steady. The loss making hardware division was disposed of and adjusted operating profit for the continuing business came in at £0.5m compared to a loss of £1.1m in 2016. Net debt was also reduced from £14.5m to £10.3m

Pelatro plc PTRO which joined AIM just over six months ago updates that it is delighted with progress as it attracts new customers and contracts as well as building revenue from existing customers. It views the future with considerable optimism

AIM Shares which topped the charts at the close on Friday, were led by Edenville Energy and Seeing Machines and also included;

Edenville Energy 0.33 +38.30%
Seeing Machines 13.57 +18.04%
Feedback 2.00 +17.65%
Vast Resources 0.58 +13.73%
Nuformix Ord 0.1p 3.35 +13.56%

Beachfront villas & houses for sale in Greece;   http://www.hiddengreece.net

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