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MMP Marwyn Mgmt

2.125
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Marwyn Mgmt Investors - MMP

Marwyn Mgmt Investors - MMP

Share Name Share Symbol Market Stock Type
Marwyn Mgmt MMP London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2.125 01:00:00
Open Price Low Price High Price Close Price Previous Close
2.125 2.125
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Posted at 24/2/2014 14:20 by praipus
TIDMMMP
RNS Number : 2376U
Marwyn Management Partners PLC
29 November 2013
29 November 2013
Marwyn Management Partners plc ("MMP")
Update regarding listing of MET on AiM
Further to the announcement on 3 September 2013, MMP announces today that it is no longer pursuing a listing of its subsidiary Metropolitan European Transport plc ("MET") on AIM.
The Group has appointed advisers and is in ongoing discussions with a number of parties regarding the private investment of capital into MET.
The board continues to evaluate other strategic and financing options for the Group. As part of this, MMP has held discussions with Marwyn Value Investors LP, its largest shareholder, which has confirmed its long term commitment to the Group. The Company will update the market in due course.
Enquiries:
Marwyn Management Partners plc + 44 (0) 207 004 2700 Mark Watts
Mark Kirkland
This information is provided by RNS
The company news service from the London Stock Exchange
END
Posted at 18/11/2013 08:48 by brownie69
Thanks SM.

I'm keen for MET to get listed. Never felt that these businesses sit well together and clearly valuation has been affected as institutional investors cant be bothered to pick it apart and get to the true valuation.

I'm wanting to be here once MMP is just Le Chameau, a great luxury brand playing into a growth niche.
Posted at 15/11/2013 07:08 by cougar99
from todays RNS:

MMP continues to talk to investors in relation to a potential IPO of MET
Posted at 16/9/2013 20:03 by eburne1960
Today's Daily Express:


Metropolitan European Transport (MET), backed by Marwyn Management Partners, hopes to raise £41.9million from the listing on London's secondary market next month.

The group, which owns five bus companies in Germany with 380 vehicles, wants to take advantage of the German government's move at the start of this year to deregulate long distance bus services.

It has already set up two routes between cities in western Germany and other countries under the Public Express brand, as the EU puts pressure on governments to open public transport markets.

The company, which runs coaches between Heidelberg in Germany and Strasbourg in France and between Groeningen in the Netherlands and the German city of Bremen, wants to add 10 more routes in two years.

It is also eyeing opportunities to run more local bus services under contract to local passenger transport authorities, which it already does in Frankfurt and Cologne.

Chief executive David Leeder said it is particularly targeting long distance routes not well covered by the national rail network.

The business expects to make revenues of £26million this year, with a contracted order book of £115.6million. The German bus market is thought to be worth more than £4.2billion.

He said the Aim listing should improve the company's profile among investors.

"We want to widen our capital and shareholder base so we can continue to expand," he added.
Posted at 13/7/2011 08:54 by jpjp100
From the PRA website
At midnight last night we finally went live with the changes to the operation of B3 machines.For the avoidance of doubt this means that we can return, after four years, to the highly popular 'Section 16' prize to stake ratio of £2 stake/£500 maximum prize and I am certain that our regular players will vote with their feet and move back to playing these games in AGC and Bingo Clubs, where their levels of comfort and general customer service are so much better than alternative venues! At many of our venues we went live at midnight as we had been planning the launch of these new games for some time and had already embedded the new game software in existing machines ready for the launch. This is mainly true of 'Barcrest' and 'BluePrint' machines which are either linked on-line to central servers that make it very easy to download software, or (in the case of BluePrint) have been being delivered to our venues over the past week or so. Other machines will take longer to update, with software being delivered by engineers uploading from memory sticks or cds. Sadly some manufacturers are clearly hell bent on alienating themselves from their core markets and are asking ridiculous amounts of money for simple game upgrades. My view is that short term gain in this situation will ultimately damage their market reputation and buyers will vote with their feet in the coming months. Certainly we have said that we won't play ball and there will be at least one large manufacturer who won't see their equipment being upgraded in the Praesepe estate! But, great news all round. Its been a struggle, in fact I'm not sure what I shall be worrying about every morning now that this has been resolved, but doubtless there will soon be something else to keep us exercised!! And thanks to all our investors who kept the faith over the last three years, in particular Marwyn who are in the process of taking us private. We will be resurfacing as part of their MMP conglomerate very shortly and I have no doubt that this deregulation news will help significantly in future fund raising.... Nick Harding 12th July 2011
Posted at 14/4/2011 14:05 by praipus
Consumer Division



Industrial Division




Slater Investment's have a holding 3.98% here (as at 16/1/2013).

See post 70 on the WAM thread for details of Slater Investments other holdings and the other value investors holdings in ETO and MVI.

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