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UMB Umbro

192.50
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Umbro LSE:UMB London Ordinary Share GB00B011MX85 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 192.50 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 0 192.50 GBX

Umbro (UMB) Latest News

Real-Time news about Umbro (London Stock Exchange): 0 recent articles

Umbro (UMB) Discussions and Chat

Umbro Forums and Chat

Date Time Title Posts
24/12/200709:35UMBRO : International Football Value ?80
19/10/200704:57umb players155
24/11/200414:01Umbro about to go UP UP UP.-

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Umbro (UMB) Top Chat Posts

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Posted at 24/12/2007 09:35 by hamidahamida
nice 7p in this with no risk agreed takeout price 1.9306

LONDON (Thomson Financial) - Sports Direct International PLC said it has
sold 29.07 mln shares in Umbro PLC to Nike Inc's unit Nike Vapor Ltd at 193.06
pence per share, or a total of 56.12 mln stg.
The company said it has entered into an irrevocable undertaking
with Nike to vote in favour of the scheme of arrangement relating to the
acquisition of Umbro by Nike at 193.06 per per Umbro share in respect of 14.61
mln shares. These shares are the balance of Sports Direct's stake in Umbro, it
said.
Posted at 31/10/2007 11:16 by sharw
Well, this PI got out this morning at 192 (xd today, btw). As I see it there are three scenarios:

Ashley uses his holding to get the terms he wants for supply to his stores and the bid goes ahead or Nike agree to leave Ashley as a minority shareholder. In that case it is not worth holding on for months for the extra penny.

Ashley blocks the bid and the share price collapses.

Ashley mounts a counterbid. As today's papers indicate, this is likely to run into problems with the F.A. However, it could provoke a higher offer from Nike even though commentators consider the original one a very good price, particularly with the gloomy short-term outlook. IMHO the potential reward here is less than the risk so I have got out.

To those staying in the hope of a higher bid - good luck!
Posted at 30/10/2007 13:50 by pully333
Have just bought this share at 194p for a number of reasons.

Minimum price over next 2 weeks, 193p (takeover price).

Possible rumours of rival bid. HIGH

Interest rate cut in USA causing stockmarket gains. LOOKING VERY POSSIBLE

Ashley being a clever wealthy billionaire may decide to launch a counter bid, if nike have an interest in this company it must be worth something.

A move upwards to 198p as seen today or 200p on further press rumours as you can see is promising, never grumble at a small profit.
Posted at 23/10/2007 11:20 by 1438m
This is on the "the appointment website daily news update">
Does this still require a shareholder vote?
Or is that it done and dusted?
If so not much to be gained now unless in earlier
Nike agrees £285 million deal for Umbro
Nike has agreed to buy Umbro in a £285 million deal in which shareholders will receive 193.06 pence per share. The announcement follows speculation that a bid would be forthcoming after Umbro said that it had received an approach last week. Recent sales of replica England kits have been poor for Umbro, but Nike said that it intended to apply its own considerable resources in "financial strength, product, operations and development capabilities, global supply chain and distribution resources and sports marketing relationships" to accelerate Umbro's existing growth strategy. The company added that Umbro would operate as an independent, UK headquartered Nike affiliate.
Mark Parker, president and CEO of Nike, said: "Umbro is a brand with a powerful heritage and deep experience in the world's most popular sport and the world's biggest football market. With its close links to The Football Association and the England team, Umbro's future is even stronger than its past".
Steve Makin, CEO of Umbro, added: "We will be a stronger and better business as part of Nike and this deal will allow us to accelerate our existing growth strategy by leveraging Nike's global resources and expertise. We look forward to taking Umbro to new levels with Nike's support".
Posted at 23/10/2007 07:12 by call-logger
RECOMMENDED CASH OFFER FOR UMBRO PLC

The boards of NIKE, Inc. and Umbro plc are pleased to announce that
they have reached agreement on the terms of a recommended cash offer to be made
by NIKE Vapor Ltd., a wholly-owned subsidiary of Nike, for the entire issued and
to be issued share capital of Umbro. It is intended that the Offer will be
implemented by way of a court approved scheme of arrangement under section 425
of the Companies Act 1985.

Under the terms of the Offer, Umbro Shareholders will receive 193.06
pence in cash for each Umbro Share.
Posted at 19/10/2007 00:22 by sharw
So where is everybody? The most interesting day for years in the life of UMB shares and not a comment. Looks like Nike.

Here is my paper roundup - work it out for yourselves:
Posted at 19/9/2007 19:22 by sharw
Sports Direct International announced today that it has upped its stake to 10.22% and with that the price moved up a penny. Any other potential bidder and the price would have rocketed. Even though SPD is less than half its 12 month high, let us remind ourselves that it has a MCAP of £831m compared to UMB's £172m. It spent £180m on its Adidas stake and seems to have plenty of money to buy back its own shares.

Interesting.
Posted at 24/3/2007 09:58 by sharw
That was issued after market close. The fact that he has bought means the company is not in talks so this is not necessarily a good thing.

Meanwhile the Telegraph says:

"Umbro jumped 10¼ to 171p as rumours of a bid for the England football kit maker persisted. Numis said an offer from the sporting goods giant Puma is possible. It said: "We believe paying as much as 200p per share for Umbro is not beyond the realms of possibilities and would equate to 14 times earnings. Production synergies could be significant." After the market closed, Umbro announced its chairman, Nigel Doughty, bought 2.37m shares in Umbro at 168.6p, meaning Umbro cannot currently be in bid talks".

The Times:

"Umbro, the sportswear maker, gained 10¼p to 171p on strong volume as speculation rumbled on that it was a target for Puma. Traders said that the story seemed to have appeared after the German group told bankers earlier this week that it was looking for football-focused acquisitions, without naming any specific targets".

The Independent:

"Hopes that Umbro will soon find itself on the receiving end of a bid approach drove its shares 10.25p higher to 171p. Gossips reckon Puma, the sporting goods group, is keen on buying Umbro and may strike soon. Numis Securities said the speculation should not be dismissed. It calculates that by acquiring the group Puma can achieve significant cost savings. The broker said: "We believe paying as much as 200p per share for Umbro is not beyond the realms of possibilities." The London-listed replica football kit maker has seen its shares soar nearly 20 per cent since the start of the week".
Posted at 09/2/2007 08:07 by sahara
This may be the news that kickstarts us up on out of this 140p area.

See RNS.

RNS Number:9801Q
Umbro PLC
09 February 2007


8 February 2007


Umbro increases stake in China joint venture to 40%

Umbro plc ("Umbro") today announces that it has reached an agreement with Win
Hanverky Group to purchase an additional 15% equity stake in its licensee for
Greater China, Team & Sports Ltd ("Team and Sports") and enter into a revised
distribution agreement. Umbro purchased an initial 25% equity stake in October
2005. The consideration of $16.5m is payable on completion which is expected
within the next 14 days.

The agreement increases Umbro's exposure to the rapidly growing Chinese market,
which has a population of over 1.3 billion and growth in GDP of 10.7% in 2006.

Team & Sports distributes Umbro branded sportswear, footwear, accessories and
sports equipment in the Peoples Republic of China, Hong Kong and Taiwan on an
exclusive basis. As at 31st December 2006 there were over 90 distributors
operating over 1,000 Umbro retail outlets in these territories.

Umbro has a longstanding relationship extending over 15 years with Team and
Sports. Umbro's partner in Team and Sports is the Hong Kong listed Win Hanverky
Group, which is an integrated sportswear, active and outer wear manufacturer and
distributor for various top-tier international sportswear brands.

Win Hanverky is a listed company in Hong Kong and in accordance with the rules
of the Hong Kong stock exchange, a circular containing full details of the
transaction will shortly be sent to Win Hanverky shareholders. This obligation
arises because Umbro is a connected party under Hong Kong stock exchange rules.

Umbro CEO Peter McGuigan, commented:

"This investment underlines our strategy to increase Umbro's exposure to growth
markets. The additional investment in Team & Sports strengthens our position as
a strategic partner in what is undoubtedly the most exciting market in the world
today.

We have an excellent partner in Win Hanverky Group and together we are well
positioned for the future development of the Umbro brand in China."

Umbro is due to announce results for the year to December 2006 on 8th March
2007.


Fact box:

Sports in China:

* Annual expenditure on sporting goods is 0.2% of GDP compared to 1.0% to
1.5% for developed countries;
* China will hold the 2008 Olympics in Beijing, an event that is
anticipated to significantly increase sports participation and demand for
sporting goods;
* In a recent study of interest in international football in China carried
out by Warwick Business School, England (whose kit sponsor is UMBRO) was
found to be the Chinese football fans favourite international team. The
England shirt was found to be the most popular football shirt across China.

Umbro sponsorship in China:

* China National Futsal Team
* 3 out of 6 China Futsal League Teams
* 2 Super League Teams : Changchun Yatai, Henan Construction
* Futsal League Title Sponsorship

China:

* China population in excess of 1.3 billion;
* GDP growth 1994 to 2004 of 11.3% per annum;
* Chinese middle class anticipated to grow from 22% of households to 63%
of households by 2015 with commensurate share of disposable income
increasing from 40% to 66%; (National Bureau of Statistics; McKinsey Global
Institute analysis).

Contacts:

Umbro 0161 492 2000
Peter McGuigan, Chief Executive
Stephen Makin, Chief Financial Officer

Brunswick Group LLP 020 7404 5959
Simon Sporborg / Dominic McMullan

About Umbro

UMBRO is a global football brand. Based in the UK, where the UMBRO business was
founded in 1924, the Group designs, sources and markets football related
products which are sold in over 90 countries. UMBRO's product range comprises
apparel, footwear and equipment.

UMBRO's and its international licensees currently supply kit to national teams
and leading professional clubs worldwide, including England, Sweden, Republic of
Ireland, Norway, Olympique Lyonnais (France), FC Santos (Brazil), CSKA Moscow
(Russia), Everton (England), Glasgow Rangers (Scotland), Gamba Osaka (Japan) and
Bestiktas (Turkey). The UMBRO brand is also endorsed by high profile individual
players including the England Captain John Terry, Michael Owen, Deco, Luis
Garcia, and Tim Cahill.

About Team and Sports

Team and Sports is the licensee responsible for the distribution of Umbro
products in China, Hong Kong, Taiwan and Macau. In the audited accounts for the
year ended 31st December 2005, Team and Sports recorded turnover of
HK$338,770,700 and net profit after tax of HK$40,601,722.



S.
Posted at 15/9/2006 09:06 by sahara
Nice to know we're not alone in holding these.

RNS Number:0037J
Umbro PLC
15 September 2006

Umbro plc
Section 198 notice



Pursuant to s.198 CA 1985, Umbro plc ("the Company") received on 14 September
2006 the following notification from a registered shareholder:


Artemis Investment Management Limited and certain of its subsidiary companies
have a notifiable interest as at 13 September 2006 of 19,479,540 ordinary shares
of the Company, which represents 13.48% of the issued share capital of the
Company.


This information is provided by RNS
The company news service from the London Stock Exchange
END

RNS Number:0036J
Umbro PLC
15 September 2006

Umbro plc

Section 198 notice



Pursuant to s.198 CA 1985, Umbro plc ("the Company") received on 14 September
2006 the following notification from a

registered shareholder:



Jupiter Asset Management Limited ('Jupiter') has an aggregate holding as at 13
September 2006 of 24,870,755 ordinary shares of the Company, which represents
17.21% of the issued share capital of the Company. Jupiter does not hold any
shares beneficially, but holds them as an investment manager acting on behalf of
discretionary clients.

S.
Umbro share price data is direct from the London Stock Exchange

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