Gable Holdings, a non-life insurance company, has reported that its performance in the second half, considering the traditional cyclicality of certain of our products, was in line with expectations. In the UK, the ATE product showed strong growth and which has continued into 2012, while construction as a whole was in line with management's expectations. The firm's residential Tenant Deposit scheme in Norway continued to grow as anticipated, which gives Gable a platform to launch this product in other territories such as Germany. A strong first half is expected for 2012, the group said.
Digital television technology provider Motive Television has placed over 366.6m shares at 0.15p each, raising a total of £0.55m before expenses. The proceeds will be used to fund the firm's growth in global markets and provide working capital.
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Stagecoach Theatre Arts has reached an agreement with Lifeskills Education over the terms of a recommended cash offer to be made by the latter for Stagecoach, at 65p per share. This price is at a 66.67% premium to the closing price of 39p on March 8th and values the firm at around £6.5m on a fully diluted basis. Graham Cole, Chairman of Stagecoach, said the offer "represents an opportunity for Stagecoach shareholders to achieve an immediate cash exit for their shareholding at a significant premium to the company's recent share price".
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How to pay in a chequeReceiving or writing a cheque has become much less common in recent years as instant bank transfers have grown in popularity. Amid widespread bank branch closures, we explain what to do if you get a cheque, and how you can pay one into your bank account.
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Crypto assets of seven million UK investors at risk – how to keep yours safeCryptocurrency wallet rules make it hard to track down assets after someone has died, even if they leave a will saying who they would like to inherit them
