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TRADING UPDATES: Team PLC prices IPO; Nostra's Cypress doubles


TRADING UPDATES: Team PLC prices IPO; Nostra s Cypress doubles
Wed, 3rd Mar 2021 21:53
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Mitie Group PLC - Glasgow-based facilities management - GLAS Trust Corp Ltd intends to sell up to 149.0 million share, or 10.5% stake in company in secondary placing. Jefferies International Ltd is acting as sole global coordinator and bookrunner. The sale represents all of GLAS s holding in Mitie. Shares in company closed at 56.80 pence in London on Wednesday.
Permanent TSB Group Holdings PLC - Dublin-based personal and small business bank - Records pretax loss of EUR166 million in 2020, as net interest income reduced by 4% year-on-year. Says performing loan book income was broadly stable in 2020 supported by the active management of the bank s cost of funds. NIM worsens to 1.73% from 1.80%. Total new lending of about EUR1.4 bill ....

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