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United Kingdom

Dixons Carphone PLC (DC.L)

DC.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

FCA Fines Carphone Warehouse For Insurance Mis-Selling
Wednesday, 13 Mar 2019 

March 13 (Reuters) - UK's FCA::FCA FINES CARPHONE WAREHOUSE OVER 29M STG FOR INSURANCE MIS-SELLING.UK'S FCA - FOUND CARPHONE WAREHOUSE FAILED TO GIVE SALES CONSULTANTS RIGHT TRAINING TO GIVE SUITABLE ADVICE TO CUSTOMERS PURCHASING GEEK SQUAD.UK'S FCA- DIXONS AGREEMENT TO ACCEPT FCAS FINDINGS MEANT IT QUALIFIED FOR 30 PERCENT DISCOUNT. OTHERWISE FINANCIAL PENALTY WOULD HAVE BEEN 41.6 MILLION STG.  Full Article

Dixons Carphone Says UK's FCA Fined Co 29.1 Mln Stg
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Dixons Carphone PLC ::STATEMENT RE CONCLUSION OF FCA INVESTIGATION.FCA HAS CONCLUDED AN INVESTIGATION INTO GEEK SQUAD MOBILE PHONE INSURANCE SELLING PROCESSES AT CARPHONE WAREHOUSE LTD.FCA HAS IMPOSED A FINE OF £29.1M ON COMPANY.FCA HAS DETERMINED THAT COMPANY DID NOT MEET EXPECTED STANDARDS GEEK SQUAD MOBILE PHONE INSURANCE SELLING PROCESSES RELATED TO.THERE IS NO IMPACT FROM FCA FINE TO GROUP'S GUIDANCE GIVEN AT ITS TRADING UPDATE ON 22 JANUARY.VOLUNTARILY CARRIED OUT TWO CUSTOMER REDRESS PROGRAMMES, COVERING COMPLAINTS AND CANCELLATIONS.  Full Article

Dixons Carphone CEO declines to comment on Elliott Advisors stake purchase report
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - Dixons Carphone PLC ::CEO DECLINES TO COMMENT ON REPORT ELLIOTT ADVISORS INTERESTED IN BUYING BIG STAKE IN COMPANY.CFO SAYS NO PLANS TO CLOSE MORE THAN THE 102 STORES ALREADY ANNOUNCED.  Full Article

Lightwaverf Enters Distribution Agreement With Dixons Carphone
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Lightwaverf PLC ::DISTRIBUTION AGREEMENT WITH DIXONS CARPHONE TO SELL LIGHTWAVE PRODUCTS ONLINE THROUGH ITS ELECTRICAL RETAILER, CURRYS.  Full Article

Dixons Carphone Says Fiona McBain To Become Audit Committee Chair
Thursday, 21 Jun 2018 

June 21 (Reuters) - Dixons Carphone PLC ::HUMPHREY SINGER WILL STEP DOWN FROM BOARD.JOCK LENNOX HAS DECIDED TO STEP DOWN AS A NON-EXECUTIVE DIRECTOR ON 31 DECEMBER 2018.FIONA MCBAIN WILL SUCCEED JOCK AS CHAIR OF AUDIT COMMITTEE AT CONCLUSION OF COMPANY'S ANNUAL GENERAL MEETING ON 6 SEPTEMBER 2018.  Full Article

Dixons Carphone Says There Has Been Unauthorised Access To Certain Data Held By Company
Wednesday, 13 Jun 2018 

June 13 (Reuters) - Dixons Carphone PLC ::INVESTIGATION INTO UNAUTHORISED DATA ACCESS.DETERMINED THAT THERE HAS BEEN UNAUTHORISED ACCESS TO CERTAIN DATA HELD BY COMPANY.HAVE NO EVIDENCE TO DATE OF ANY FRAUDULENT USE OF DATA AS RESULT OF THESE INCIDENTS.APPROXIMATELY 105,000 NON-EU ISSUED PAYMENT CARDS WHICH DO NOT HAVE CHIP AND PIN PROTECTION HAVE BEEN COMPROMISED.INVESTIGATION IS ONGOING AND CURRENTLY INDICATES THAT THERE WAS AN ATTEMPT TO COMPROMISE 5.9 MILLION CARDS IN ONE OF PROCESSING SYSTEMS.TAKEN ACTION TO CLOSE OFF DATA ACCESS AND HAVE NO EVIDENCE IT IS CONTINUING.HAVE NO EVIDENCE OF ANY FRAUD ON THE CARDS AS A RESULT OF THIS INCIDENT.SEPARATELY, INVESTIGATION HAS ALSO FOUND THAT 1.2M RECORDS CONTAINING NON-FINANCIAL PERSONAL DATA, SUCH AS NAME, ADDRESS OR EMAIL ADDRESS, HAVE BEEN ACCESSED.ATTEMPT TO COMPROMISE CARDS WAS IN ONE OF PROCESSING SYSTEMS OF CURRYS PC WORLD AND DIXONS TRAVEL STORES.CURRENTLY NO EVIDENCE OF FRAUD AS A RESULT OF THE DATA INCIDENTS.DATA ACCESSED CONTAINS NEITHER PIN CODES, CARD VERIFICATION VALUES NOR ANY AUTHENTICATION DATA.  Full Article

Dixons Carphone Szays Clare Pettitt To Be Interim CFO
Monday, 21 May 2018 

May 21 (Reuters) - Dixons Carphone PLC ::CLARE PETTITT WILL TAKE UP ROLE OF INTERIM GROUP CHIEF FINANCIAL OFFICER EFFECTIVE TODAY.  Full Article

SSE Names Katie Bickerstaffe As Retail Chief Executive Designate
Friday, 6 Apr 2018 

April 6 (Reuters) - SSE Plc ::APPOINTMENT OF RETAIL CHIEF EXECUTIVE DESIGNATE.‍APPOINTED KATIE BICKERSTAFFE AS CHIEF EXECUTIVE DESIGNATE OF NEW INDEPENDENT BRITISH ENERGY SUPPLY AND SERVICES COMPANY.‍KATIE WILL TAKE UP HER NEW APPOINTMENT LATER THIS YEAR​.‍KATIE WILL STEP DOWN FROM HER POSITION AS A NON-EXECUTIVE DIRECTOR OF SSE PLC WITH EFFECT FROM 30 APRIL 2018​.‍KATIE WILL LEAD WORK BEING DONE TO PREPARE FOR FORMATION AND LISTING OF NEW COMPANY, EXPECTED TO TAKE PLACE IN LAST QUARTER OF 2018 OR Q1 OF 2019​.  Full Article

Dixons Carphone Says UK & Ireland CEO To Step Down​
Friday, 6 Apr 2018 

April 6 (Reuters) - Dixons Carphone Plc ::‍KATIE BICKERSTAFFE, UK & IRELAND CEO, HAS INFORMED BOARD OF HER DECISION TO STEP DOWN​.‍BICKERSTAFFE TO STEP DOWN TO TAKE UP POSITION OF CHIEF EXECUTIVE DESIGNATE AT NEW ENERGY SUPPLY BUSINESS RECENTLY ANNOUNCED BY SSE & INNOGY SE​.  Full Article

Dixons Carphone Says ‍Humphrey Singer To Step Down As Group Finance Director​
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Dixons Carphone Plc ::‍HUMPHREY SINGER TO STEP DOWN AS GROUP FINANCE DIRECTOR​.HUMPHREY IS EXPECTED TO CONTINUE AS GROUP FINANCE DIRECTOR OF DIXONS CARPHONE UNTIL JULY 2018.‍BOARD HAS ALREADY COMMENCED A SEARCH FOR A SUITABLE REPLACEMENT​.SINGER ‍HAS INFORMED BOARD OF HIS DECISION TO STEP DOWN TO TAKE UP POSITION OF CFO AT MARKS AND SPENCER GROUP PLC​.  Full Article

PRESS DIGEST- British Business - March 14

March 14 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.