Edition:
United Kingdom

Cobham PLC (COB.L)

COB.L on London Stock Exchange

135.45GBp
19 Jan 2018
Change (% chg)

3.30 (+2.50%)
Prev Close
132.15
Open
132.05
Day's High
136.95
Day's Low
131.65
Volume
9,357,853
Avg. Vol
6,315,455
52-wk High
150.30
52-wk Low
89.07

Latest Key Developments (Source: Significant Developments)

CommScope Files Patent Infringement Suit Against Cobham
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - CommScope Holding Company Inc ::COMMSCOPE SAYS FILED PATENT INFRINGEMENT SUIT AGAINST COBHAM IN DISTRICT COURT OF BERLIN RELATED TO DIGITAL DISTRIBUTED ANTENNA SYSTEM TECHNOLOGY.  Full Article

Cobham says 2017 expectations unchanged​
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Cobham :‍Group's performance in first ten months of 2017 has been largely as expected​.‍Strategic review of Cobham's wireless and Avcomm business units is ongoing and an update will be provided in due course​.‍There remains a range of potential outcomes for full year performance​.‍Overall, board's expectations for group performance in 2017 remain unchanged​.  Full Article

Cobham appoints new Chief Financial Officer
Wednesday, 29 Jun 2016 

Cobham Plc : Cobham plc appoints new Chief Financial Officer . Appointment of David Mellors as chief financial officer . Starting date is to be confirmed but not expected to be later than 1 January 2017 .Cobham plc appoints new Chief Financial Officer.  Full Article

Cobham says bookrunners procured subscribers for remaining rights issue shares
Friday, 17 Jun 2016 

Cobham Plc : BofA Merrill Lynch, Jefferies procured subscribers for remaining 15.9 million shares not validly taken up in rights issue .BofA Merrill Lynch and Jefferies International limited have procured subscribers at a price of 138 pence per new ordinary share..  Full Article

Books are covered for Cobham rights issue - bookrunner
Friday, 17 Jun 2016 

Bookrunner : Cobham: bookrunner says books are covered; order below 138p risk missing the transaction; books will close at 9am uk for rights issue (((Bengaluru Newsroom +91 806 749 1136);)).  Full Article

Cobham says received acceptances in respect of about 97.21 pct of rights issue
Friday, 17 Jun 2016 

Cobham Plc :Received acceptances in respect of 553.4 million new shares (representing about 97.21 pct of shares offered) pursuant to rights issue.  Full Article

Price guidance of reference to market on Cobham rights issue - bookrunner
Friday, 17 Jun 2016 

Bookrunner : Cobham: bookrunner says price guidance of reference to market; books expected to close with short notice today on rights issue (((Bengaluru Newsroom +91 806 749 1136);)).  Full Article

Cobham says wins major contract by Airbus
Thursday, 2 Jun 2016 

Cobham Plc : Cobham wins major raims contract . Cobham awarded major contract by Airbus to provide raims .Major contract is worth several hundred million usd over period.  Full Article

Cobham says intends to raise 506.7 million stg by way of rights issue
Wednesday, 1 Jun 2016 

Cobham Plc : Confirms that it intends to raise £506.7 million (before expenses) by way of rights issue . 1 for 2 fully underwritten rights issue of 569,287,950 new ordinary shares to raise gross proceeds of £506.7 million (approximately £487 million net of expenses) . Directors intend to take up in full new ordinary shares to which they are entitled under rights issue . Confirms its intention to pay a rebased total dividend in respect of 2016 which is equal in absolute quantum to £126 million dividend announced for 2015 . Issue price of 89 pence per new ordinary share represents a discount of 45.4% to closing price on 31 may 2016 . Rights issue is fully underwritten by BofA Merrill lynch and jefferies international limited and is not subject to shareholder approval .Board is planning to reduce group's indebtedness through rights issue, which it believes to be in shareholders' best interests.  Full Article

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U.S. tax cuts mix pleasure and pain for Europe's dollar earners

LONDON A slate of U.S. tax reforms could provide a lift for European companies that sell into the country. For others, it may yet turn out to be a threat.