Card Factory share price falls eight per cent after bosses sell shares June 19, 2015 Shares in discount greetings chain Card Factory slumped eight per cent to 329p per share this morning, after bosses sold shares amounting to 4.3 per cent of the company. The Wakefield-based retailer said senior management had sold off 14.8m shares at 330p per share, making the total placing worth £48.84m. Its chief exec Richard Hayes sold £9.6m worth [...]
Charterhouse loses seat on Card Factory board after selling stake February 4, 2015 Private equity group Charterhouse has given up a seat on the board of Card Factory after selling 40m shares in the greetings card chain to raise around £110m. Graeme Coulthard, a partner at Charterhouse who has sat on the board since it bought the retailer for £350m in 2010, stepped down as a non-executive director [...]
Card Factory share price up as it reports rise in underlying profit after IPO September 18, 2014 Card Factory released its half-yearly report today, showing underlying profit before tax at £14.9m for the first half of its 2015 financial year, up from £1.8m in the first half of 2014. But the group made a loss, as the cost of its May 2014 IPO and debt-refinancing issues forced it £7.9m into the red. [...]
Card Factory secures £200m in refinancing June 2, 2014 CARD factory, the budget greetings cards chain which floated on the London Stock Exchange last month, said yesterday it has completed a £200m refinancing. The group said the refinancing deal, which it set out last month at the time of the float, includes a £180m term loan facility and a £20m revolving facility, both with [...]
Card Factory greeted with share sell off May 15, 2014 DISCOUNT greeting card shop Card Factory fell as much as nine per cent in trading yesterday, as its shares started trading on the London Stock Exchange. The business, which is being sold by private equity house Charterhouse, priced its shares at 225p to raise £90m for the company but they tumbled to as low as [...]
Card Factory narrows price to 225p as it goes to market May 14, 2014 UK GREETING card company Card Factory narrowed the price of shares to the bottom end of guidance at 225p last night, ahead of its initial public offering this morning, City A.M understands. The company, which has been selling cards and gift wrapping on the UK high-street for 10 years, has an equity value of £767m [...]
The Card Factory set to join host of UK IPOs April 22, 2014 The Card Factory has announced it will proceed with plans for an initial public offering (IPO), joining a host of UK retailers to list on the London Stock Exchange in recent months. The IPO will comprise of an offer of new and existing shares to institutional investors. The company has also announced that former Travis [...]