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3i Group PLC (III.L)

III.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

3I Group Reduces Stake In Basic-Fit To 18 Pct
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - Basic Fit NV ::REDUCED STAKE IN BASIC-FIT FROM 23.7% TO 18.0% FOR PROCEEDS OF C.£85 MILLION; AFTER OFFERING, 3I’S REMAINING STAKE IS WORTH ABOUT £272 MILLION.  Full Article

Basic Fit Takes Note 3I Announces Sale Of Part Of Its Stake In Basic-Fit
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - BASIC FIT NV ::3I <<>> ANNOUNCES SALE OF PART OF ITS STAKE IN BASIC-FIT.3I GROUP PLC VIA MITO HOLDINGS S.À.R.L. THAT IT HAS SOLD A C.6.8% STAKE IN BASIC-FIT.FOLLOWING COMPLETION OF THE PLACEMENT, 3I’S REMAINING STAKE WILL BE APPROXIMATELY 21% OF BASIC-FIT’S OUTSTANDING SHARE CAPITAL.OFFER PRICE OF €30.50 PER SHARE.3I HAS COMMITTED ITSELF TO A LOCK-UP OF 90 DAYS.  Full Article

3I Group Sold 3.7 Mln Basic-Fit Shares Through Secondary ABO At 30.5 Euros Per Share- Bookrunner
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - :BLOCK TRADE- BASIC-FIT N.V. : BOOKRUNNER SAYS 3I GROUP SOLD 3.7 MILLION SHARES OF BASIC-FIT THROUGH SECONDARY ABO AT EUR 30.50 PER SHARE.  Full Article

Basic-Fit Bookrunner Says 3I Group Launched Sale Of Up To 3.7 Mln Basic-Fit Shares
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - BASIC-FIT BOOKRUNNER::BASIC-FIT: BOOKRUNNER SAYS 3I GROUP LAUNCHED SALE OF UP TO 3.7 MILLION BASIC-FIT N.V. SHARES, WHICH IS C. 6.8 PERCENT OF SHARE CAPITAL.BASIC-FIT: BOOKRUNNER SAYS 3I GROUP LAUNCHED SALE OF BASIC-FIT SHARES THROUGH ACCELERATED BOOKBUILD OFFERING TO INSTITUTIONAL INVESTORS.BASIC-FIT: BOOKRUNNER SAYS MITO HAS AGREED TO A 90-DAY LOCK-UP PERIOD WITH RESPECT TO ITS REMAINING STAKE IN BASIC-FIT.  Full Article

Basic-Fit Secondary ABO Transaction Is Expected To Price At EUR 30.50 Per Share - Bookrunner
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - :BLOCK TRADE- BASIC FIT NV: BOOKRUNNER SAYS BASIC-FIT SECONDARY ABO TRANSACTION IS EXPECTED TO PRICE AT EUR 30.50 PER SHARE ; BOOKS CLOSE 19.15 UK.  Full Article

Ambea Q2 EBIT Up At SEK 95 Million
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Ambea AB (publ) ::Q2 NET SALES SEK 1.52 BILLION VERSUS SEK 1.44 BILLION YEAR AGO.Q2 EBIT SEK 95 MILLION VERSUS SEK 90 MILLION YEAR AGO.REDUNDANCY COSTS AMOUNTED TO ABOUT SEK 8 MILLION DURING QUARTER.  Full Article

3I Group NAV per share of 760 pence for three months to June 2018
Wednesday, 25 Jul 2018 

July 25 (Reuters) - 3i Group PLC ::FY2019 Q1 PERFORMANCE UPDATE.NAV PER SHARE OF 760 PENCE AND TOTAL RETURN OF 5.1% FOR THREE MONTHS TO 30 JUNE 2018.CASH REALISATIONS OF £337 MILLION IN QUARTER, NET OF £535 MILLION REINVESTMENT IN SCANDLINES.COMPLETED TWO NEW PRIVATE EQUITY INVESTMENTS IN ROYAL SANDERS AND INTERNATIONAL CRUISE AND EXCURSIONS ("ICE") TOTALLING £245 MILLION.ADVISED 3I INFRASTRUCTURE PLC ("3IN") ON ITS INVESTMENT IN ATTERO AND A FURTHER INVESTMENT FOR INFINIS, ALKANE ENERGY.GENERATED TOTAL CASH PROCEEDS IN QUARTER OF £868 MILLION, PRINCIPALLY FROM £835 MILLION RECEIVED FROM SALE OF SCANDLINES IN JUNE 2018, BEFORE TAKING ACCOUNT OF GROUP'S £535 MILLION REINVESTMENT.RECOGNISED A £99 MILLION GAIN ON FOREIGN EXCHANGE IN QUARTER, AS BOTH US DOLLAR AND EURO STRENGTHENED AGAINST STERLING.  Full Article

3i Announces Sale Of Etanco For Proceeds Of About EUR 102 Mln
Wednesday, 27 Jun 2018 

June 27 (Reuters) - 3i Group PLC ::3i ANNOUNCES SALE OF ETANCO GENERATING PROCEEDS OF C. €102M.TO SELL INVESTMENT IN ETANCO TO ITS CEO RONAN LEBRAUT AND MANAGEMENT TEAM SUPPORTED BY INTERMEDIATE CAPITAL GROUP.  Full Article

3I Group posts 24 pct FY return on opening investor funds
Thursday, 17 May 2018 

May 17 (Reuters) - 3i Group PLC ::TOTAL RETURN OF £1,425 MILLION OR 24% ON OPENING SHAREHOLDERS' FUNDS AND NAV PER SHARE OF 724 PENCE (31 MARCH 2017: 604 PENCE).PRIVATE EQUITY TEAM GENERATED EXCELLENT REALISATIONS OF £1,002 MILLION, ANNOUNCED A FURTHER C.£350 MILLION OF PROCEEDS TO COMPLETE BY SUMMER OF 2018 AND INVESTED A TOTAL OF £587 MILLION IN FOUR NEW PORTFOLIO COMPANIES, AS WELL AS TWO IMPORTANT FURTHER INVESTMENTS.TOTAL DIVIDEND OF 30 PENCE PER SHARE FOR FY2018, WITH 22 PENCE TO BE PAID IN JULY SUBJECT TO SHAREHOLDER APPROVAL.CLOSED TWO EUROPEAN INFRASTRUCTURE FUND PLATFORMS, RAISING ASSETS OF MORE THAN £1 BILLION, AND INVESTED £177 MILLION IN OUR FIRST US INFRASTRUCTURE INVESTMENT, SMARTE CARTE.WE ENTER FY2019 WITH GOOD MOMENTUM ACROSS GROUP. OUR FUND MANAGEMENT INITIATIVES IN INFRASTRUCTURE, TOGETHER WITH OUR REINVESTMENT INTO SCANDLINES, WILL GENERATE IMPORTANT CASH INCOME WHILE OUR PRIVATE EQUITY PORTFOLIO REMAINS WELL POSITIONED TO GENERATE TOP-TIER CAPITAL RETURNS..  Full Article

Ambea Q1 Operating Profit Increased To Sek 86 Million
Thursday, 17 May 2018 

May 17 (Reuters) - Ambea Ab (Publ) ::Q1 OPERATING PROFIT (EBIT) INCREASED TO SEK 86 MILLION (73).Q1 ADJUSTED EBITDA SEK 109 MILLION VERSUS SEK 110 MILLION.Q1 NET SALES SEK 1.47 BILLION VERSUS SEK 1.42 BILLION YEAR AGO.  Full Article

BRIEF-3I Group Reduces Stake In Basic-Fit To 18 Pct

* REDUCED STAKE IN BASIC-FIT FROM 23.7% TO 18.0% FOR PROCEEDS OF C.£85 MILLION; AFTER OFFERING, 3I’S REMAINING STAKE IS WORTH ABOUT £272 MILLION Source text for Eikon: Further company coverage: