Pets at Home share price falls despite posting jump in maiden earnings June 12, 2014 Pets at Home posted a 12 per cent jump in profits yesterday as it delivered its first set of results since floating on the stock market earlier this year. The company, which provides pet food, toys and accessories, as well as veterinary services across its 377 outlets, floated at 245p in March, giving it a [...]
Pets at Home hit by lower target price from bank April 22, 2014 GOLDMAN Sachs, one of the banks that advised on the recent £1.23bn flotation of Pets at Home, initiated research on the company yesterday with a target price for the stock of 242p – or 3p below the 245p flotation price. The research note from Goldman will inevitably anger some of the original investors in the [...]
Poundland and Pets at Home flotation offer prices unveiled February 28, 2014 Following a string of flotation announcements, IPO details are starting to come in from some companies. High street discount store Poundland has decided on a share offer price range of 250-300 pence, reports Reuters. The amount gives the company an implied market value of £625-750m when it lists on the stock exchange. Poundland is 76 [...]
Pets at Home to offer public bite at £1.5bn float February 19, 2014 PETS at Home, the UK’s biggest pet store, yesterday announced plans to offer shares to the animal-loving British public as part of its stock market debut next month. The company, which has 369 stores across the UK, said it intends to raise £275m through the initial share offering and use the proceeds to slash its [...]
Pets at Home confirms £275m IPO February 19, 2014 Pets at Home has this morning unveiled plans to list on the London Stock Exchange. The group wants to raise around £275m through the flotation, to reduce debts and cash out its private equity owner KKR and “certain other” shareholders and members of the management team. Although targeted mainly at institutional investors, employees will get [...]
DEAL FRENZY: Pets At Home lines up to follow King, Poundland and ISS to market February 18, 2014 STOCK markets roared back into life yesterday after discount retailer Poundland, Candy Crush Saga producer King Digital Entertainment, and services firm ISS fired the starting gun on flotation plans, with UK pet store Pets at Home expected to follow suit as soon as today. UK retailer Poundland revealed plans to list in London in March, [...]