Edition:
United Kingdom

Daily Mail and General Trust P L C (DMGOa.L)

DMGOa.L on London Stock Exchange

601.00GBp
19 Feb 2019
Change (% chg)

-8.00 (-1.31%)
Prev Close
609.00
Open
607.00
Day's High
608.50
Day's Low
601.00
Volume
215,123
Avg. Vol
662,344
52-wk High
781.00
52-wk Low
555.00

Latest Key Developments (Source: Significant Developments)

Daily Mail And General Trust Purchases 6 Mln STG Of Outstanding 2021 Bonds
Monday, 11 Feb 2019 

Feb 11 (Reuters) - Daily Mail and General Trust P L C ::REG-DAILY MAIL AND GENERAL TRUST PLC DAILY MAIL AND GENERAL TRUST PLC: PURCHASE OF £6M OF BONDS.DAILY MAIL AND GENERAL TRUST P L C - PURCHASED £6M OF ITS OUTSTANDING 2021 BONDS..DAILY MAIL AND GENERAL TRUST P L C - PURCHASED BONDS WILL BE CANCELLED AND WILL NOT BE RESOLD OR REISSUED.DAILY MAIL AND GENERAL TRUST - OUTSTANDING BOND DEBT IS £201M AND IS COMPRISED OF £1M OF 10.0% BONDS, DUE 2021, AND £200M OF 6.375% BONDS, DUE 2027.  Full Article

Daily Mail CEO: In the longer term, six sectors is too many
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Daily Mail and General Trust P L C ::CEO SAYS HAPPY WITH PORTFOLIO, BUT IN LONGER TERM SIX SECTORS IS TOO MANY TO BE IN.DMGT CEO: MAILONLINE BEAT PEERS IN A CHALLENGING ONLINE MARKET, 'COMING OUT OF THE GATE VERY STRONGLY' IN FIRST TWO MONTHS OF NEW FY.DMGT CEO: DAILY MAIL FRANCHISE OUTPERFORMED THE MARKET UNDER FORMER EDITOR PAUL DACRE AND CONTINUES DO SO UNDER GEORDIE GREIG.  Full Article

Daily Mail Says Paul Dacre To Step Down From Board Cease To Be Executive Director
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Daily Mail and General Trust P L C ::DAILY MAIL AND GENERAL TRUST P L C - PAUL DACRE WILL STEP DOWN FROM BOARD OF DMGT AND CEASE TO BE AN EXECUTIVE DIRECTOR.  Full Article

Daily Mail And General Trust Says Geordie Greig Will Be New Editor Of Daily Mail
Thursday, 7 Jun 2018 

June 7 (Reuters) - Daily Mail and General Trust P L C ::DAILY MAIL AND GENERAL TRUST SAYS GEORDIE GREIG WILL BE THE NEW EDITOR OF THE DAILY MAIL.  Full Article

Daily Mail And General Trust Posts H1 Operating Profit Of 133 Million Stg
Thursday, 24 May 2018 

May 24 (Reuters) - Daily Mail and General Trust P L C ::INTERIM DIVIDEND 7.1 PENCEPER SHARE.H1 OPERATING PROFIT 133 MILLION STG VERSUS 17 MILLION STG YEAR AGO.PERFORMANCE IN LINE WITH EXPECTATIONS AND CONTINUED PROGRESS AGAINST STRATEGIC PRIORITIES.UNDERLYING¹ REVENUE GROWTH +1%; STABLE UNDERLYING ADJUSTED OPERATING PROFIT.CHALLENGING CONSUMER MEDIA CONDITIONS: UNDERLYING REVENUES -3%, MARGIN 11%.GOOD B2B PERFORMANCE: UNDERLYING REVENUES +4% WITH MARGIN IMPROVEMENT.ADJUSTED² PROFIT BEFORE TAX UP PRO FORMA³ +8%; ADJUSTED EPS UP PRO FORMA +2% TO 24.4P.STATUTORY OPERATING PROFIT £133M (HY 2017 £17M); STATUTORY PROFIT BEFORE TAX £113M (£41M); STATUTORY EPS 32.2P (155.8P).INTERIM DIVIDEND INCREASED +3% TO 7.1P.OUTLOOK FOR FULL YEAR UNCHANGED.  Full Article

Daily Mail & General Comments On Silver Lake's Recommended Cash Offer For ZPG
Friday, 11 May 2018 

May 11 (Reuters) - Daily Mail and General Trust P L C ::SILVER LAKE'S RECOMMENDED CASH OFFER FOR ZPG PLC.ACCEPTING OFFER IS CONSISTENT WITH CO'S STRATEGIC PRIORITIES OF INCREASING PORTFOLIO FOCUS, ENHANCING FINANCIAL FLEXIBILITY.  Full Article

Silver Lake Management's Zephyr Bidco to acquire ZPG Plc
Friday, 11 May 2018 

May 11 (Reuters) - SILVER LAKE MNGT CO ::RECOMMENDED CASH ACQUISITION OF ZPG PLC.UNDER TERMS OF ACQUISITION, SCHEME SHAREHOLDERS SHALL BE ENTITLED TO RECEIVE: FOR EACH SCHEME SHARE: 490 PENCE IN CASH.ZEPHYR BIDCO, ZPG ANNOUNCE THEY REACHED AGREEMENT ON TERMS OF RECOMMENDED CASH ACQUISITION OF ZPG BY BIDCO.ACQUISITION VALUES ENTIRE ISSUED ORDINARY SHARE CAPITAL OF ZPG AT APPROXIMATELY £2.2 BILLION ON A FULLY DILUTED BASIS.ZPG DIRECTORS INTEND TO RECOMMEND UNANIMOUSLY THAT ZPG SHAREHOLDERS VOTE IN FAVOUR OF SCHEME AT COURT MEETING.BIDCO GOT IRREVOCABLE UNDERTAKING FROM DMGZ TO VOTE IN FAVOUR OF SCHEME AT COURT MEETING, RESOLUTIONS TO BE PROPOSED AT GENERAL MEETING.EXPECTED THAT SCHEME WILL BECOME EFFECTIVE AS SOON AS PRACTICABLE, ANTICIPATED TO BE DURING Q3 OF 2018.  Full Article

Euromoney Sells Institutional Investor Journals Business To Pageant Media
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Euromoney Institutional Investor Plc ::EUROMONEY SELLS INSTITUTIONAL INVESTOR JOURNALS.EUROMONEY INSTITUTIONAL INVESTOR PLC - HAS SOLD ITS INSTITUTIONAL INVESTOR JOURNALS (II JOURNALS) BUSINESS TO PAGEANT MEDIA.  Full Article

Daily Mail owner DMGT full-year profit falls 13 pct to 226 mln stg
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Daily Mail And General Trust P L C ::FINAL DIVIDEND 15.8 PENCEPER SHARE.TOTAL DIVIDEND 22.7 PENCEPER SHARE.FULL-YEAR ‍PROFIT BEFORE TAX £226M -13%​.‍EARNINGS PER SHARE 55.6P -1%​.‍CONSUMER: ENCOURAGING PERFORMANCE FROM DMG MEDIA; REVENUE UP UNDERLYING 1%, ADJUSTED PROFIT UP UNDERLYING 10%, WITH MAILONLINE MOVING INTO OPERATING PROFIT DURING FINAL QUARTER​.‍B2B: REVENUE UP UNDERLYING 2% AND ADJUSTED PROFIT DOWN UNDERLYING 15%, REFLECTING RMS(ONE) AMORTISATION, PLANNED INVESTMENT AT XCELIGENT AND CHALLENGING TRADING AT GENSCAPE​.‍A PROCESS IS CURRENTLY UNDER WAY TO DISPOSE OF EDR, US COMMERCIAL REAL ESTATE ENVIRONMENTAL INFORMATION BUSINESS​.‍IN FY 2018, UNDERLYING RATE OF DECLINE OF DMG MEDIA'S REVENUES IS EXPECTED TO BE IN MID-SINGLE DIGITS​.  Full Article

Daily Mail and General Trust sees full-year in line
Monday, 2 Oct 2017 

Oct 2 (Reuters) - Daily Mail And General Trust P L C :‍group outlook for 2017 in line with current market expectations​.‍group underlying # revenue growth of 1%; pro forma* reported revenues up 5%, including 6% benefit from foreign exchange rates​.‍outlook for full year unchanged; adjusted eps towards high end and adjusted pbt towards low end of market expectations​.  Full Article

NewsGuard's 'real news' seal of approval helps spark change in fake news era

NEW YORK, Feb 1 More than 500 news websites have made changes to their standards or disclosures after getting feedback from NewsGuard, a startup that created a credibility ratings system for news on the internet, the company told Reuters this week.