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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Work Group | WORK | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 3.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 3.00 | 3.00 |
| Top Posts |
|---|
Posted at 03/8/2017 14:30 by scotty666 Thanks jon I'll read through it tonight in detail. I understand old WORK shares will be consolidated 32:1 hence 96p equivalent based on suspension price versus placing price of 140p (and hopefully listing price tomorrow). |
Posted at 16/6/2015 13:40 by janeann temporarily suspended - released today;pity they are running a year behind the times: NOTICE 16/06/2014 9:00am TEMPORARY SUSPENSION OF TRADING ON AIM WORK GROUP PLC Trading on AIM for the under-mentioned securities has been temporarily suspended from 16/06/2014 9:00am, pending publication of the company's annual audited accounts. Ordinary Shares of 2p each, fully paid (B0VP070) (GB00B0VP0707) If you have any queries relating to the above, please contact the company's nominated adviser on 020 7628 2200. |
Posted at 10/6/2014 14:39 by janeann well.....Work Group plc (LSE - AIM: "WORK") announces that at its Annual General Meeting held earlier today, all the proposed resolutions were duly passed, with the exception of Resolutions 8 and 9, which were withdrawn by the board. Resolution 8 would have allowed the Directors to allot shares for cash, without making any such prior offer to shareholders. Resolution 9 would have permitted the directors to carry out a buy back up to 2,862,247 of the Company's issued ordinary shares by market purchase Don't know what to make of that! |
Posted at 25/4/2014 08:20 by janeann Well results out; some positive and some less positive; a long road to recovery.Work Group plc (LSE - AIM: "WORK") is pleased to announce preliminary results for the year ended 31 December 2013. During the financial year under review the Company disposed of Armstrong Craven allowing resources to be focused on the remaining Work Business Units ("continuing operations"). Continuing operations: · Gross profit (net fee income) from continuing operations down 21% to £6.0m (2012: £7.6m) · Second half gross profit from continuing operations remained constant at £3.0m despite first half client losses · Operating loss before exceptional items from Work Business Units operations of £0.4m (2012: £0.1m profit), with a reduced second half loss of £0.1m · Operating loss after exceptional costs of £1.3m (2012: £5.5m loss) · Cash at year end of £1.3m (2012: £0.4m) · No bank debt and its stimulated a share purchase at 9.2p - yes a single share purchased at 8.04! |
Posted at 07/2/2014 07:36 by janeann Not the most informative of updates........Pre Close Update Work Group plc (LSE - AIM: "WORK") announces, ahead of its close period in relation to the Company's financial results for the year ended 31 December 2013, that at 31 December 2013 net cash was £1.3m and that the Company continued to have no debt. During the period, and following a strategic review, the Company disposed of Armstrong Craven allowing resources to be focused on the remaining Work businesses, and significantly reducing the Company's cost base. The Company has recently appointed BDO LLP as auditors, and will announce its preliminary results for the year ended 31 December 2013 before the end of April 2014 |
Posted at 13/1/2014 12:37 by janeann quite a sizeable director buy; approx £32k; although how they got them at 4.5p beats meDirectors' Dealings Work Group plc (LSE - AIM: "WORK") were informed today that Rose Colledge, Chief Executive of the Company, has today purchased 284,844 ordinary shares at an average price of 4.53 pence per share. At the same time her husband purchased 441,014 ordinary shares at an average price of 4.53 pence per share. Following these purchases, Mrs Colledge is now beneficially interested in 1,602,535 ordinary shares in the Company, representing 5.60 per cent. of the Company's issued share capital. |
Posted at 30/12/2013 12:36 by battlebus2 Good to see you here chrisis33, i'm predicting we have reached bottom unless another institution decides to offload. Directors buying is a vote of confidence and with the cash to back them up and more time to concentrate on WORK we should soon be back to a small profit. The overseas businesses should also be improving given the pick up in the worlds economy.Edit.. did look at EMR earlier in the year after a recommendation from GHF but held MTEC, WORK and NWKI in the recruitment sector so passed but glad to see it doing well for you. |
Posted at 24/12/2013 12:30 by investali Well this is a timely annoucement BB2 being Christmas eve and all!!Directors buying a chunk or two and Rose now over the three percent, this is really a great vote of confidence. 24 December 2013 WORK GROUP PLC (the "Company") Directors' Dealings Work Group plc (LSE - AIM: "WORK") were informed today that Simon Howard, Executive Chairman of the Company, has today purchased 2,470,641 ordinary shares at an average price of 4.08 pence per share. Mr Howard now holds 4,605,841 ordinary shares in the Company, representing 16.09 per cent. of the Company's issued share capital. At the same time the Company was informed that Rose Colledge, Chief Executive of the Company, has today purchased 376,677 ordinary shares at an average price of 4.45 pence per share. Mrs Colledge now holds 876,677 ordinary shares in the Company, representing 3.06 per cent. of the Company's issued share capital. Transaction in own shares In addition, the Company announces that it has sold 673,335 Ordinary Shares held in treasury to the Louvre Trust (Guernsey) Limited, the trustee of the Company's Employee Benefit Trust (the "EBT") at a price of 5.75 pence per share. Following this purchase, the EBT holds 3,594,808 Ordinary Shares representing 12.6 per cent. of the Company's issued share capital. As a result of the above sale, the total number of Ordinary Shares held in treasury is nil and the number of Ordinary Shares in issue is 28,622,473. Therefore the total number of voting rights in the Company is 28,622,473. The above figure of 28,622,473 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interests in, the Company under the FSA's Disclosure and Transparency Rules. Further enquiries: Work Group Tel: +44 (0)20 7492 Simon Howard, Executive Chairman 0000 Rose Colledge, Chief Executive |
Posted at 29/11/2013 18:19 by battlebus2 Sorry to hear of the death of Michael Dedman at the young age of 52, my thoughts are with his family and work colleagues.hxxp://www.workcomms |
Posted at 26/6/2013 07:23 by battlebus2 Well as some of us thought Armstrong Craven sold to isis-The Company announces that it has today disposed of the business and all trading assets of Armstrong Craven ("AC") to Isis Equity Partners for a total consideration of GBP2.8 million (the "Disposal"). The consideration comprises an initial cash payment of GBP1.8 million, a deferred cash payment of GBP300,000 and retention by the Company of certain trading assets. The Disposal will result in the Company incurring a tax charge of approximately GBP490,000. Reasons for the Disposal As announced on 3 December 2012, the Company has undertaken a strategic review of the business and has considered all viable opportunities to maximise value for shareholders in light of the disappointing trading results for the year ended 31 December 2012 and the changing recruitment services market in general. This review highlighted that the resources of the Company are not sufficient to meet the investment needs of both the AC and Work Communications and Resourcing businesses and consequently the Board decided to seek potential buyers which culminated in the current Disposal. During the year ended 31 December 2012, AC generated an operating profit before exceptional items of GBP266,000 (2011: GBP934,000), and an operating loss after exceptional items (including an impairment of GBP2,921,000) of GBP2,683,000 (2011: profit GBP934,000) and had net assets of GBP2,657,000 (2011: GBP5,397,000). Following the Disposal, which will result in the management team and other employees (in total 51 people) of AC passing across under TUPE regulations, the Company intends to concentrate on its remaining businesses of Work Communications and Work Resourcing. Over the past months there have been extensive changes in the Work Communications business, with greater focus placed on the recruitment management activities of the Resourcing businessand the development of combined services with the communications teams. In addition there has been a reduction in the income derived from communication activities and the Board believes that by targeting a more even mix of revenue streams the Company will have a more secure base from which to develop its business going forward. The Company is targeting to bring its central overheads in line with its reduced activities following the Disposal and is already in the process of moving to smaller London offices. It intends to deploy some of the proceeds from the Disposal to increase the sales and business development capabilities of the Work Communications and Resourcing businesses. In addition, although the Company has been historically debt free, the working capital needs have become greater in recent months and consequently some of the proceeds will be used to eliminate the Company's current indebtedness. |
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