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United Kingdom

Inmarsat PLC (ISA.L)

ISA.L on London Stock Exchange

586.20GBp
13 Sep 2019
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586.20
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3,051,179
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355.00

Latest Key Developments (Source: Significant Developments)

Competition watchdog extends review on Inmarsat PLC takeover
Tuesday, 13 Aug 2019 

Aug 13 (Reuters) - :ANTICIPATED ACQUISITION BY CONNECT BIDCO LIMITED OF INMARSAT PLC.ON 15 JULY 2019 COMPETITION AND MARKETS AUTHORITY (CMA) GAVE NOTICE THAT INITIAL PERIOD IN RELATION TO ANTICIPATED ACQUISITION BY CONNECT BIDCO LIMITED OF INMARSAT PLC HAD COMMENCED.ON 23 JULY 2019 SECRETARY OF STATE FOR DIGITAL, CULTURE, MEDIA & SPORT ISSUED A PUBLIC INTEREST INTERVENTION NOTICE (PIIN) ON PUBLIC INTEREST GROUND OF NATIONAL SECURITY.COMPETITION AND MARKETS AUTHORITY (CMA) IS REQUIRED TO SUBMIT A REPORT TO SECRETARY OF STATE ON THIS TRANSACTION BY 17 SEPTEMBER 2019.ACCORDINGLY, IN ORDER TO COMPLY WITH DEADLINE IMPOSED BY SECRETARY OF STATE, CMA HAS DECIDED TO EXTEND INITIAL PERIOD FOR 20 WORKING DAYS.STATUTORY 40 WORKING DAY DEADLINE FOR A DECISION, AS EXTENDED PURSUANT TO THIS NOTICE, IS 8 OCTOBER 2019..  Full Article

Connect Bidco Agrees Undertakings Regarding Future UK Operations Of Inmarsat
Thursday, 18 Jul 2019 

July 18 (Reuters) - Connect Bidco::STATEMENT RE DEED OF UNDERTAKING.VOLUNTARILY AGREED LEGALLY-BINDING UNDERTAKINGS REGARDING FUTURE UK OPERATIONS OF COMPANY IN RELATION TO INMARSAT DEAL.UNDERTAKEN TO SUPPORT INMARSAT'S CONTINUED ROLE AS A "LEADER IN SPACE SECTOR".UNDERTAKEN TO PROCURE THAT MAJORITY OF KEY STRATEGIC DECISIONS OF BOTH CONNECT, INMARSAT ARE TAKEN IN UK.UNDERTAKEN THAT INMARSAT MAINTAIN IN UK AREAS OF GLOBAL NETWORK OPERATIONS CENTRES IDENTIFIED BY SOS AS IMPORTANT TO REMAIN IN UK.  Full Article

Inmarsat, Hyundai Global Service Sign Agreement To Fast-Track Maritime Digitalisation
Wednesday, 5 Jun 2019 

June 5 (Reuters) - Inmarsat PLC ::INMARSAT AND HYUNDAI GLOBAL SERVICE SIGN AGREEMENT TO FAST-TRACK MARITIME DIGITALISATION.  Full Article

Inmarsat Partners With Airbus For Global Xpress Network
Thursday, 30 May 2019 

May 30 (Reuters) - Inmarsat ::INMARSAT PARTNERS WITH AIRBUS TO DELIVER TRANSFORMATION OF GLOBAL XPRESS NETWORK.PARTNERSHIP TO TRANSFORM GX NETWORK CAPACITY, CAPABILITIES & OPERATIONAL AGILITY TO MEET BURGEONING MARKET DEMAND.CONTRACT WITH AIRBUS IS FOR MANUFACTURE OF THREE NEXT-GENERATION GX SATELLITES (GX7, 8 & 9), WITH FIRST SCHEDULED TO LAUNCH IN H1 2023.LEVEL OF CAPITAL EXPENDITURE UNDER THIS PROGRAMME IS IN LINE WITH THAT PROVIDED FOR IN OUR LONG TERM PLANNING.  Full Article

Psquared Asset Management Discloses 3.24% Stake In Inmarsat PLC
Tuesday, 21 May 2019 

May 21 (Reuters) - Inmarsat PLC ::PSQUARED ASSET MANAGEMENT AG DISCLOSES 3.24 PERCENT STAKE IN INMARSAT PLC AS OF MAY 21- FILING.  Full Article

Aggregate Of Standard Life Aberdeen Cuts Stake To 4.53 Pct In Inmarsat
Monday, 13 May 2019 

May 13 (Reuters) - Inmarsat PLC ::AGGREGATE OF STANDARD LIFE ABERDEEN PLC AFFILIATED INVESTMENT MANAGEMENT ENTITIES CUTS STAKE TO 4.53 PERCENT FROM 6.33 PERCENT IN INMARSAT PLC - FILING.  Full Article

Connect Bidco Updates On Debt Financing Arrangements On Inmarsat Offer
Tuesday, 16 Apr 2019 

April 16 (Reuters) - Inmarsat PLC ::UPDATE ON DEBT FINANCING ARRANGEMENTS.INTERIM FACILITIES AGREEMENT TO FINANCING OF INMARSATACQUISITION WERE AMENDED.  Full Article

Nomura International Cuts Stake To 1.96 Pct From 3.44 Pct In Inmarsat
Friday, 22 Mar 2019 

March 22 (Reuters) - Inmarsat PLC ::NOMURA INTERNATIONAL PLC CUTS STAKE TO 1.96 PERCENT FROM 3.44 PERCENT IN INMARSAT PLC - FILING.  Full Article

Nomura International Discloses 5.03 Pct Stake In Inmarsat - Filing
Monday, 18 Mar 2019 

March 18 (Reuters) - Inmarsat PLC ::NOMURA INTERNATIONAL PLC DISCLOSES 5.03 PERCENT STAKE IN INMARSAT PLC - FILING.  Full Article

Inmarsat Announces Garuda GX Aviation Contract
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Inmarsat PLC ::INMARSAT ANNOUNCES GARUDA GX AVIATION CONTRACT.ANNOUNCED A CONTRACT TO PROVIDE ITS AWARD-WINNING GX AVIATION INFLIGHT BROADBAND SOLUTION TO INDONESIAN NATIONAL CARRIER GARUDA.AGREEMENT TO SUPPLY GARUDA INDONESIA WITH GX AVIATION MARKS EXTENSION OF MAHATA'S EXISTING 10-YEAR CONTRACT WITH LOW-COST CARRIER CITILINK.  Full Article

UPDATE 1-UK Stocks-Factors to watch on July 23

July 23 Britain's FTSE 100 index is seen opening 27 points higher at 7,542 on Tuesday, according to financial bookmakers, with futures up 0.42% ahead of the cash market open.