Clipper Logistics Group is to begin trading fully on the London Stock Exchange on Wednesday 4 June. The placing price has been set at 100p per share and will comprise of 100m ordinary shares. Conditional trading began today (30 May) at 8am under the CLG ticker with 49m shares on offer. Unconditional trading is expected to begin at 8am on 4 June with an expected market capitalisation of £100m. Clipper Group executive chairman Steve Parkin said: “I am delighted with […]
Clipper Logistics is to provide John Lewis with a variety of “retail support services” from a new DC in Milton Keynes.
Turnover at Ceva Logistics fell 6% in the first three months of 2013, while its profit halved as the company continued with its cost reduction measures.