Tag: FIH Group PLC

• Wednesday, June 13th 2018 - 09:35 UTC

  FIH Group has seen pretax profit rise 74%

  

  Falklands-focused retail and logistics firm FIH Group PLC hiked its dividend on Tuesday after profit and revenue rose amid a much improved performance from its largest unit. For the year ended March, pretax profit widened 74% to GBP3.3 million from GBP1.9 million the year prior. This was after revenue rose 8.2% to GBP43.8 million from GBP40.5 million the year before.

• Wednesday, April 19th 2017 - 05:49 UTC

  The disputed FIH Group plans to release this week a trading update

  

  FIH Group PLC said on Tuesday it plans to release a trading update later this week which will outline its anticipated results for the recently ended financial year while also updating shareholders on the future strategy following failed takeover offers for the firm.

• Friday, April 14th 2017 - 18:33 UTC

  Falklands: Dolphin Fund desists from taking over FIH Group, at this time

  

  Dolphin Fund Ltd said late Thursday that it has decided not to make an offer for FIH Group PLC at this time, following a letter from the Falkland Islands Government warning FIH about its status should it undertake a change of ownership.

• Monday, April 10th 2017 - 23:06 UTC

  Falklands' government cautions FIH Group on changes in the company's control and its “beneficial interests”

  

  The British financial media is reporting the existence of a letter sent by the government of the Falkland Islands to Falkland Islands Holdings group, which is in the midst of a controversial takeover bid dispute with an Argentine fund. Last month the Dolphin fund controlled by the Buenos Aires property developer Eduardo Elsztain said it was considering a bid for FIC’s Aim-listed parent FIH Group.

• Tuesday, April 4th 2017 - 10:10 UTC

  FIH independent directors still view Dolphin takeover approach as “unwelcome”

  

  FIH Group PLC said on Monday it still views a potential takeover approach from Dolphin Fund Ltd as “unwelcome” and recommends an existing bid from Staunton Holdings Ltd.