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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Aldermore Group PLC    ALD   GB00BQQMCJ47

Delayed Quote. Delayed  - 10/19 11:11:20 am
306.9 GBp   -0.03%
10/18 ALDERMORE : Form 8.5 (EPT/RI) Aldermore Group plc
10/18 ALDERMORE : Form 8.5 (EPT/NON-RI) Aldermore Group plc
10/18 ALDERMORE : Form 8.3 - Aldermore Group Plc
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Aldermore : Stock Rises 20% on FirstRand Takeover Interest

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10/13/2017 | 02:00pm CEST

By Dimitrios Kontos

Shares in Aldermore Group PLC (>> Aldermore Group PLC) rose as much as 20% Friday after the U.K. bank confirmed it has received an indicative proposal from FirstRand Ltd. (FSR.JO) regarding a possible offer for its entire share capital.

FirstRand is offering Aldermore 313 pence per ordinary share in cash.

Aldermore's board has indicated to FirstRand that it is likely to recommend a firm offer at this level.

The two companies are in preliminary discussions about the details of the possible offer, Aldermore said, and in accordance with City code FirstRand has until 1700 GMT on Nov. 10 to announce its firm intention to make such an offer.

Shares at 1135GMT were up 50 pence, or 20%, at 306 pence.

Write to Dimitrios Kontos at [email protected]

Stocks mentioned in the article : Aldermore Group PLC
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Latest news on ALDERMORE GROUP PLC
10/18 ALDERMORE : Form 8.5 (EPT/RI) Aldermore Group plc
10/18 ALDERMORE : Form 8.5 (EPT/NON-RI) Aldermore Group plc
10/18 ALDERMORE : Form 8.3 - Aldermore Group Plc
10/18 ALDERMORE : Form 8.5 (EPT/RI) - Aldermore Group plc
10/17 ALDERMORE : Form 8.3 - Aldermore Group plc - Replacement
10/17 ALDERMORE : Form 8 (DD) - - Replaces Aldermore
10/17 ALDERMORE : Form 8 (DD) - Replaces Aldermore
10/17 ALDERMORE : Form 8.3 - Aldermore Group
10/17 Virgin Money reports steady mortgage lending in first nine months
10/17 ALDERMORE : FirstRand courts UK lender
More news
Financials ( GBP)
Sales 2017 305 M
EBIT 2017 168 M
Net income 2017 108 M
Debt 2017 40,9 M
Yield 2017 1,09%
P/E ratio 2017 8,16
P/E ratio 2018 7,80
EV / Sales 2017 3,61x
EV / Sales 2018 2,85x
Capitalization 1 059 M
Chart ALDERMORE GROUP PLC
Duration : Period :
Aldermore Group PLC Technical Analysis Chart | ALD | GB00BQQMCJ47 | 4-Traders
Technical analysis trends ALDERMORE GROUP PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 2,75  GBP
Spread / Average Target -11%
EPS Revisions
Managers
NameTitle
Philip Monks Chief Executive Officer & Executive Director
Danuta Gray Chairman
Dana Cuffe Chief Operating Officer
James Mack Chief Financial Officer & Executive Director
John Hitchins Independent Non-Executive Director
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