Possible takeover offer

TaplowGreen

Transport Scholar
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Posts: 7805

Re: Possible takeover offer - Firstgroup

« Reply #15 on: September 28, 2018, 06:31:18 »

Quote from: bignosemac on September 28, 2018, 00:12:11

Current FirstGroup Executive Chairman, Wolfhart Hauser, has this week bought another huge chunk of FirstGroup shares. That's now over 30,000 shares he's bought in the last three months.

I wonder if this is because he believes his plans will turn the company around and he is putting his own money where his mouth is, or is it because he knows the end game is approaching and there will be a takeover offer that'll bump up the share price...

......most likely exercising contractual stock options.


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JayMac

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Posts: 18925

Re: Possible takeover offer - Firstgroup

« Reply #16 on: November 12, 2018, 23:55:47 »

Half yearly results due tomorrow (13th November 2018). Could be interesting...

Reports in the press over the weekend suggest that GWR^▸ earned FirstGroup a £40 million dividend in the year to April 2018, propping up the rail division.


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JayMac

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Posts: 18925

Re: Possible takeover offer - Firstgroup

« Reply #17 on: November 13, 2018, 07:11:36 »

The results and company statement are in.

Main news from it is the appointment of a new Chief Executive with immediate effect, Matthew Gregory, formerly the Chief Financial Officer.

Press release:
https://www.firstgroupplc.com/~/media/Files/F/Firstgroup-Plc/press-release/pr-13-11-2018.pdf


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"Build a man a fire and he'll be warm for the rest of the day. Set a man on fire and he'll be warm for the rest of his life."

- Sir Terry Pratchett.

martyjon

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Posts: 1941

Re: Possible takeover offer - Firstgroup

« Reply #18 on: November 13, 2018, 07:38:15 »

Still no shareholder divi Huh


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