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JPR Johnston Press

2.745
0.00 (0.00%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Johnston Press LSE:JPR London Ordinary Share GB00BRK8Y334 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 2.745 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 2.745 GBX

Johnston Press (JPR) Latest News

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Johnston Press (JPR) Discussions and Chat

Johnston Press Forums and Chat

Date Time Title Posts
20/11/201811:07Johnston Press Recovery 20098,855
01/11/201812:01SLEEPING GIANT ???-
19/10/201808:33Johnson Press - Ramped & struggling - Don't feed the bubble22
02/3/201714:06Johnston Press recovery again13
04/2/201310:34I BUY SUPERGLASS-

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Johnston Press (JPR) Most Recent Trades

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Johnston Press (JPR) Top Chat Posts

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Posted at 12/11/2018 05:14 by mattab
Likely yes - Bondholders v Viking et al. Never known one of these end well for shareholders, but from a personal point of view, want to protect my pension and want JPR as a going concern. Think it will be ppf tbh. Gl
Posted at 01/11/2018 12:01 by bon voyage
The one smouldering ember of Johnston Press that gives a glimmer of hope is the 25% holding of Custos. The tantalizing question that keeps impinging itself on the current JPR hiatus is this: Why has Ager-Hanssen responded to JPR putting up the for sale sign by upping his shareholding from 20% to 25% ? And I notice that he tweeted recently "Bon voyage" to the board of JPR ! He seems to tweet erratically but nevertheless has shown by his recent share purchasing action that he hasn't finished with Johnston Press. Waiting is never easy for PI's but I'm sure Christen is enjoying this sort of chess game!
Posted at 16/10/2018 10:21 by mali7
Instead of private equity buying it for token value £1, then strip off all liabilities and streamline operations and then comeback to market in 3-5years time and float again in IPO worth £300-£500M, why can't shareholders form a group and take over?
Why always does share holders get jack all and jack all rights??? While management and private equity make millions no matter what! LOL - this system ain't ever changing....

Anyway lets see if I can place token price bid in....will email JPR, why should mrX buy it for £1???
Posted at 16/10/2018 10:19 by mali7
Instead of private equity buying it for token value £1, then strip off all liabilities and streamline operations and then comeback to market in 3-5years time and float again in IPO worth £300-£500M, why can't shareholders form a group and take over?
Why always does share holders get jack all and jack all rights??? While management and private equity make millions no matter what! LOL - this system ain't ever changing....

Anyway lets see if I can place token price bid in....will email JPR, why should mrX buy it for £1??? LOL
Posted at 23/8/2018 13:59 by mshilos
Still noo RNS regarding the DEBT RESTRUCTURING ...so be very careful...don't get SPIKED !! share price will FALL below back to below 4p or even lower, until RNS confirmms if any concrete DEBT funding is in place . DYOR
Posted at 27/7/2018 21:05 by ken chung
More lemmings urgently needed to feed the bubble so the ramping crew can exit.


5/6/2018
"Trading so far this year has seen Group revenues down 9%.........

The trading environment remains extremely challenging, exacerbated in recent months by uncertainty around future paper costs and the impact of GDPR on digital advertising revenues. We expect to see continued pressure on revenues in the second half of the year, and a requirement for cost savings."

26/7/2018
"The Board of Directors of Johnston Press plc ("Johnston Press" or the "Company") notes the rise in the Company's share price today and confirms that it knows of no operational or corporate or other reason for the price movement."





!YOUTUBEVIDEO:NxGxl-IbVFk:
Posted at 26/7/2018 12:54 by hungry growling wolf
Johnston Press PLC Statement re Share Price Movement
26/07/2018 12:53pm
UK Regulatory (RNS & others)

Johnston Press (LSE:JPR)
Intraday Stock Chart
Today : Thursday 26 July 2018

Click Here for more Johnston Press Charts.
TIDMJPR

RNS Number : 9055V

Johnston Press PLC

26 July 2018

26 July 2018

JOHNSTON PRESS PLC

Statement re Share Price Movement and Press Commentary

The Board of Directors of Johnston Press plc ("Johnston Press" or the "Company") notes the rise in the Company's share price today and confirms that it knows of no operational or corporate or other reason for the price movement.

The Company continues to explore a number of strategic options for the restructuring or refinancing of its bonds and confirms that no agreement on these potential options has been reached. The Company received a letter from Custos Group AS on Friday 20 July, and notes the press commentary on this over recent days. The Company confirms that it is not in receipt of any plan or proposal from any party for a refinancing or restructuring of its debt. Further announcements will be made as appropriate. As stated previously, any proposal that results from these discussions will remain subject to negotiation and consent of relevant stakeholders, and there can be no certainty that a formal proposal will be forthcoming.

For further information please contact:

Powerscourt
Posted at 26/7/2018 11:57 by modus operandi
YES HENCHARD

THEY KNOW AS THEY WILL BE COMMENTING ON THIS


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Johnston investor threatens legal action in event of pre-pack
By Rhys Handley, Wednesday 25 July 2018

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Johnston Press has been threatened with legal action by its largest shareholder over rumours that the company may be pre-packed after its shares fell to an all-time low of 3p.

christen-ager-hanssen
Ager-Hanssen: prepared to take action if "speculation among investors" is true

The business, which publishes titles include the i newspaper, the Scotsman, the Yorkshire Post and around 200 regionals and locals, has been in months-long discussions on how to refinance £220m worth of debt in high-yield bonds, repayable on 1 June next year.

With its current share price giving the company a market capitalisation of £3.9m, Swedish investor Christen Ager-Hanssen – whose Custos Group holds a 20% stake in Johnston – wrote to the board, in a letter seen by the Daily Telegraph, to address “speculation among investors” that the publisher could be placed into administration and sold on through a pre-packaged sale.

He said legal action would be taken if the speculation was revealed to be true. The letter is understood by PrintWeek to be Ager-Hanssen’s first communication with Johnston since November last year.

Ager-Hanssen wrote: “Of course, rumours swirling the market may be entirely false. But there are also rumours in the market that leaks have been made on purpose to manipulate the stock price to fall sharply which have as we know happened lately and damaged significant shareholder value.

“I am concerned that market manipulation may be at play and/or that information may have been leaked specifically so as to enable a pre-packaged sale on terms not in the best interests of the company.

“Please be aware, if formal insolvency and a sale of the business are in effect a serious game plan, my position and intervention must absolutely be considered.”

Johnston Press confirmed receipt of Ager-Hanssen’s letter over the weekend and pledged to respond to him directly this week. The company urged its investor to present a “workable proposal” in order to refinance the business.

One option floated by Johnston last month was to offload its pension scheme to the Pension Protection Fund, which would then hand control of the business over to its largest debtor – US hedge fund GoldenTree. However, no decision has been confirmed so far.

In a statement, a Johnston Press spokesperson said: “In March 2017, we announced a strategic review of the financing options in relations to the £220m bond that is due for repayment in June 2019.

“A number of potential strategic options are being considered by the company and its advisers which we expect to discuss with stakeholders in due course. We have updated the market on a number of occasions. No decisions have been taken and we are not going to comment on market speculation.

“We announced in April that the business had EBITDA of £40.1m in 2017. It had cash at bank of £24.6m at the end of May. We announced on 5 June that the business was trading in line with expectations.

“If Mr Ager-Hanssen does have a workable proposal to refinance the business, we look forward to receiving this and we will invite him to provide more detail.”

Shares in Johnston Press have fallen at a steady rate since February 2015, when they stood at £1.72. The company’s peak came in April 2007 at £4.82 per share.

In May, chief executive Ashley Highfield announced he would step down from the top job at Johnston Press after nearly seven years to become a non-executive director for “family reasons”. He is set to be replaced by his chief financial officer, David King.


!!!!!!!!!!!!!!!!
Posted at 26/7/2018 11:55 by henchard
I wonder has the company noted its share price movement and is it aware of any reason for the price movement.
Posted at 11/12/2017 20:54 by samdb
I've started slowly buying back in as I can see this coming to a resolution early next year.Any kind of refinancing should see a break upwards in the JPR share price.
Johnston Press share price data is direct from the London Stock Exchange

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