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 has more than doubled its pre-tax profit in the first half of the financial year, as it felt the benefit of a multitude of contract wins.
The FTA has accused the London Assembly of “not thinking things through” after its Transport Committee called for a cut in LCV traffic in the capital, just months after it demanded a ban on HGV traffic in the rush hour.
The founder of Leeds-based Clipper Logistics is reported to be lining up a £300m takeover bid to take the company private.