Investing.com - Here is a summary from the most important regulatory news releases from the London Stock Exchange ahead of the UK market open on Monday 20 January. Please refresh for updates for UK market news from the LSE’s RNS on individual UK shares from FTSE 100, FTSE 250 and FTSE All-Share.
- Shopping mall operator Intu (LON:INTUP) confirmed reports at the weekend that it is planning a capital increase around the time of its annual result presentation in February.
- Intu didn’t confirm the intended scale of the offering, which the Sunday Times had estimated at around billion pounds, saying only that it is “engaged in constructive discussions with both shareholders and potential new investors on the proposed equity raise.”
- In a brief update on its holiday season performance, Chief Executive Matthew Roberts also said that total footfall was up 0.3% on the year overall, and flat in the U.K., which appears a creditable performance in the light of December’s wretched retail sales figure.
- Roberts also said that occupancy was stable at 95% and that the group has already collected 97% of rent due for the first quarter, “demonstrating the lower risk of our existing customer base.”
- Mining group Anglo American (LON:AAL) said it would buy Sirius Minerals (LON:SXX) in a cash deal valued at 404.9 million pounds, throwing a lifeline to the struggling potash firm.
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Sirius shareholders will receive 5.50 pence per share, an increase of 34.1% on the Jan. 7 closing price, the day before Anglo American (LON:AAL) announced it was in talks to buy the fertilizer company.