News Results for MBL Group (MUBL)

  • 17 Jun
    09:39
    Cash shell MBL shares to be cancelled from AIM

    Cash shell MBL Group said its listing on AIM would be cease on Monday after it was unable to find a reverse takeover partner in accordance with listing rules. 'Once cancellation has occurred, the...

  • 16 Nov
    07:58
    Cash shell MBL Group pushes AGM back to December

    Struggling cash shell MBL Group pushed its annual generating meeting back to December while it attempts to consult shareholders about a potential cash return. The company had said previously that...

  • 29 Oct
    13:14
    MBL Group says strategy remains focused on returning cash to investors

    Cash shell MBL Group said its current strategy remained focused on returning cash to shareholders and that it acknowledged investors wanted the company to remain listed on AIM. MBL said it planned...

  • 12 Sep
    13:53
    MBL Group losses deepen as revenue slides

    Entertainment product wholesaler MBL Group, which recently became a cash shell, said its annual net losses widened to £1.5m. Revenue for the year through March fell 17% to £13.2m and the company...

  • 16 Mar
    15:06
    MBL Group disposes of Redworth amid broader asset sell-off

    MBL Group said it had sold its entire shareholding in Redworth and its subsidiary, The Garden and Home Trading Company, to Invalesco for £0.8m. The company said it was continuing to conduct a...

  • 05 Jan
    14:14
    MBL Group non-exec resigns

    MBL Group has announced that Tim Jackson-Smith has tendered his resignation as a non-executive director of the Company and will step down with immediate effect. At 2:14pm: (LON:MUBL) MBL Group...

  • 21 Dec
    08:54
    MBL appoints director

    MBL has appointed James Reynolds to the board as an executive director with immediate effect. Reynolds has been a senior employee with the group for many years, having responsibility for internal...

  • 24 Oct
    08:30
    MBL Group says trading below expectations

    MBL Group said its shares will resume trading after it appointed a new director, though it also provided a disappointing business update. Anton Lane has been appointed as a non-executive director...

  • 05 Oct
    08:02
    MBL trading suspended

    MBL Group said its shares have been suspended from trading following the resignation last month of director Peter Palframan. The suspension is due to uncertainty over whether the company can...

  • 16 Aug
    13:11
    MBL receives GM requisition notice

    MBL Group has confirmed that it has received a further requisition notice from HSBC Global Custody (UK) Limited (the nominee holding 10.39% of the Company's shares on behalf of Keith Staton) to...

  • 24 Jan
    07:16
    FLASH: MBL Group issues strategic review update

    Story provided by StockMarketWire.com

  • 05 Dec
    16:38
    Banks boost FTSE 100

    The big banks kept the blue chip index in positive territory on a quiet day for corporate news. Investors brushed off a destabilising 'no' vote in the Italian constitutional referendum as Barclays...

  • 05 Dec
    09:22
    MBL Group appoints non-exec director

    MBL Group has appointed Peter Palframan as a Non-Executive Director with immediate effect. At 9:22am: (LON:MUBL) MBL Group PLC share price was -0.75p at 15.75p Story provided by...

  • 05 Oct
    14:20
    MBL resolutions passed at adjourned AGM

    MBL has confirmed that all resolutions proposed at its adjourned annual general meeting today were passed. At 2:20pm: (LON:MUBL) MBL Group PLC share price was 0p at 15.13p Story provided by...

  • 04 Oct
    09:16
    MBL Group's chair resigns

    MBL Group said Tony Johnson has resigned as a director with immediate effect. Tim Jackson-Smith will replace Johnson as chairman. At 9:16am: (LON:MUBL) MBL Group PLC share price was 0p at...

  • 03 Jun
    14:14
    Move to oust MBL chairman

    A general meeting to oust MBL Group's chairman Tony Johnson and director Chris William has been called by The Allan Family Trust, which holds approximately 26% of the company's share capital. The...

  • 21 Apr
    14:44
    MBL Group strengthens its board

    MBL Group has appointed Timothy Jackson-Smith and Christopher Jones as non-executive directors with immediate effect. Jackson-Smith is an experienced corporate and commercial lawyer with 20...

  • 22 Dec
    07:06
    FLASH: MBL Group narrows H1 pretax loss

    Story provided by StockMarketWire.com

  • 30 Sep
    13:00
    MBL Group passes AGM resolutions

    MBL Group has announced that at all resolutions were passed at the Annual General Meeting held earlier today. At 1:00pm: (LON:MUBL) MBL Group PLC share price was +0.01p at 8.13p Story...

  • 28 Aug
    09:35
    Another annual loss at MBL Group

    MBL Group has announced that for the year ended 31 March 2015 revenue from continuing operations were up 10% to £13.0m (2014: £11.8m). Loss before tax from continuing operations was £0.9m...

  • 30 Mar
    15:37
    MBL Group CEO to take medical leave

    MBL Group chief executive Trevor Allan will be taking an indefinite period of absence for medical reasons and will resign from the board with immediate effect. It is expected that he will be...

  • 22 Dec
    07:04
    FLASH: MBL Group widens H1 pretax loss

    Story provided by StockMarketWire.com

  • 22 Sep
    14:51
    MBL's AGM results

    The Directors of AIM listed MBL Group have announced that at all resolutions were passed at the Annual General Meeting held earlier today. At 2:51pm: (LON:MUBL) MBL Group PLC share price was 0p...

  • 10 Sep
    12:57
    Shares in MBL leap more than 50%

    Shares in MBL Group have jumped 51.72% to 11p since the start of trading this morning. In a statement the company said it knows of no reason for this increase in the price. At 12:57pm:...

  • 19 May
    13:22
    MBL Group changes registered office

    MBL Group has changed its registered office to Unit 1 Millennium City Park, Millennium Road, Preston PR2 5BL. At 1:22pm: (LON:MUBL) MBL Group PLC share price was 0p at 8.25p Story provided by...

  • 23 Dec
    07:50
    MBL Group reduces H1 pretax loss to £0.25m

    MBL Group reduced its H1 pretax loss to £0.25m, from a loss of £0.32m. Revenue from continuing operations was £6.1m, from £5.9m. The Group operates within the two distinct sectors of home...

  • 23 Dec
    07:12
    FLASH: MBL Group reduces H1 pretax loss to £0.25m

    Story provided by StockMarketWire.com

  • 23 Sep
    13:08
    MBL resolutions passed at AGM

    MBL Group has confirmed that all resolutions proposed to shareholders at the annual general meeting earlier today (23 September) were duly passed. At 1:08pm: (LON:MUBL) share price was +0.01p at...

  • 28 Dec
    07:43
    Half year revenue down 8.8% for MBL

    The Board of MBL Group reports revenue from continuing operations of £7.3m (2011: £8.0m), down 8.8% for the half year to end of September 2012. Loss before tax from continuing operations was...

  • 28 Dec
    07:11
    FLASH: Half year revenue down 8.8% for MBL

    Story provided by StockMarketWire.com

  • 29 Aug
    08:57
    Major customer loss impacts on MBL results

    MBL group experienced an immensely challenging year as it dealt with the consequences of the loss of its major customer in April 2011, Morrisons Supermarkets. The customer accounted for 79% of...

  • 29 Aug
    07:08
    FLASH: Major customer loss impacts on MBL results

    Story provided by StockMarketWire.com

  • 09 Dec
    07:14
    MBL swings into first half loss

    Troubled UK distributor of home entertainment products [BOLD] MBL Group (LON:MUBL) saw a massive drop in year-on-year sales in the first half, reported a loss and failed to pay a dividend after its...

  • 09 Dec
    07:10
    MBL business shrinks

    Home entertainments distributor MBL Group said sales fell to GBP15.7m in the half-year to end-September, giving a loss before tax of GBP7.2m. Loss per share for the period was 43.9p (2010: profit...

  • 30 Nov
    12:53
    MBL hindered by loss of credit limits

    MBL, the UK distributor of home entertainment products, is reviewing the investment requirements of all parts of the Group in light of the pressure on working capital. This has been hindered by...

  • 11 Oct
    07:24
    FLASH: MBL announces disposal of Global Media Vault

    Story provided by StockMarketWire.com

  • 26 Aug
    07:38
    MBL struggles following loss of major customer

    MBL Group plc, the UK distributor of home entertainment products, has announces preliminary results for the year ended 31 March 2011 showing revenue static at £195.3 million (2010: £194.9...

  • 09 Aug
    13:50
    MBL Group changes date for FY results

    MBL Group has moved the announcement of its preliminary results for the year to the end of March to 26 August from 11 August. At 1:50pm: (LON:MUBL) share price was -0.75p at 9.75p Story...

  • 29 Jul
    11:36
    MBL confirms it may sell two subsidiaries

    MBL Group has responded to the recent movement in the company's share price by confirming that it is in advanced talks to dispose of two of its subsidiaries. No deal has been agreed and MBL says...

  • 06 Apr
    09:40
    MBL Group says Morrisons contract terminated

    Home entertainment products MBL Group plc said the trading relationship with its major customer, supermarket group Morrisons, has been terminated with immediate effect by mutual agreement. MBL...

  • 18 Mar
    14:57
    MBL board draws up downsizing plans

    CD and DVD distributor MBL Group is drawing up downsizing plans - and a significant number of job losses - following the termination of its contracts with Morrisons. MBL said the board's main...

  • 15 Mar
    08:06
    MBL up for sale as Morrisons axes contracts

    Home entertainment products distributor MBL Group plc has put itself up for sale after losing contracts with Morrisons that accounted for around 78% of its turnover. MBL announced it had received...

  • 15 Mar
    07:39
    MBL up for sale as Morrisons axes supply deals

    At 7:39am: (LON:MUBL) share price was -11.5p at 19.5p Story provided by StockMarketWire.com

  • 04 Feb
    15:10
    Director Deals - MBL Group PLC (MUBL)

    Steven Walsh-Hill, Financial Director, bought 19,000 shares in the company on the 4th February 2011 at a price of 49.50p. The Director now holds 19,000 shares. NOTE: Purchased over 2 days. 3rd...

  • 03 Feb
    16:01
    MBL acquires OutNow assets

    Home entertainment products group MBL has acquired the assets of DVD rental firm OutNow Entertainment, which was placed in administration on Monday. OutNow currently has more than 8,000 direct...

  • 31 Jan
    08:59
    MBL Group shares tumble on profit warning

    Shares in home entertainment products distributor MBL Group plc plunged by more than a quarter after it warned that its profit for the year to March 31 is expected to be substantially below revised...

  • 31 Jan
    07:21
    FLASH: MBL Group issues strong profit warning

    Story provided by StockMarketWire.com

  • 09 Dec
    07:32
    FLASH: MBL Group H1 PBT down 78% at £0.7m

    Story provided by StockMarketWire.com

  • 08 Nov
    14:29
    MBL signs two-year deal with Sainsbury's

    Home entertainment products distributor MBL Group has signed a two-year deal with Sainsbury's. MBL will provide and support a new website which will carry a omprehensive catalogue of entertainment...

  • 08 Oct
    10:01
    MBL shares dive 30%

    MBL Group shares dived 30% in early trading after the distributor of home entertainments products issued a profits warning, advising that profits for the year to 31 march 2011 are likely to be...

  • 05 Oct
    15:42
    MBL Group carrying out strategic review

    Home entertainment products distributor MBL Group has confirmed it is in the early stages of a strategic review on how best to take the business forward. The firm said it had appointed KPMG...

  • 19 Jul
    08:16
    MBL hikes dividend by 25%

    MBL Group plc, the AIM-listed home entertainment products group, has seen revenue increase by 35.7% to £194.9m for the year ended March 31 2010. PBT jumped by 22.2% to £9.9m and EPS increased by...

  • 19 Jul
    07:14
    FLASH: MBL profits jump by nearly a quarter

    Story provided by StockMarketWire.com

  • 24 Jun
    09:40
    MBL Group takes 15% stake in U-Xplore

    Home entertainment distributor MBL Group is to acquire a 15% stake in U-Xplore, a careers information provider, for £2m cash. CEO Trevor Allan will join the U-Explore board. MBL will...

  • 23 Jun
    14:12
    MBL Group sets date for FY results

    MBL Group intends to release its preliminary results for the year to the end of March on 19 July. Story provided by StockMarketWire.com

  • 02 Feb
    16:21
    MBL clinches WH Smith deal

    Home entertainment firm MBL Group has signed a new contract with WH Smith for the supply of DVD and BluRay formats to its high street stores. WH Smith currently retails DVD and BluRay in 448 of...

  • 25 Jan
    07:41
    MBL Group sales up 30% in Q3

    Home entertainment distributor MBL Group says sales were up 30.1% to £84.8m for the three months to 31 December. In its Q3 trading update, the company said its Distribution division, which...

  • 25 Jan
    07:13
    FLASH: MBL in line as sales rise 30%

    Story provided by Business Financial Newswire

  • 07 Jan
    15:50
    Sefton takes 14% stake in MBL

    The Sefton Group has taken a 14.02% stake in UK home entertainment products distributor and wholesaler MBL Group plc. Sefton says it has a notifiable interest in 2,425,079 MBL ordinary shares,...

  • 10 Dec
    12:45
    Seymour Pierce ups MBL full-year profit forecast

    Following a strong set of interim results from home entertainment distributor MBL, Seymour Pierce is raising its 2009/10 pre-tax profit forecast from £8.1m to £8.8m. 'We are reiterating our buy...

  • 10 Dec
    12:34
    MBL Group revenue soars after Woolworths failure

    Home entertainment products distributor MBL Group reported profit before tax up 39% to £3.2m for the six months to September, on the back of a 124% sales increase to £78.2m thanks to the collapse...

  • 10 Dec
    07:25
    FLASH: MBL Group first-half PBT rises 39% to £3.2m

    Story provided by Business Financial Newswire

  • 23 Nov
    09:16
    MBL Group buys digital company for £0.84m

    Home entertainment distributor MBL Group has agreed to acquire Global Media Vault Limited for up to £0.84m in cash and shares. Media Vault has a comprehensive catalogue of digital entertainment...

  • 02 Oct
    14:31
    MBL Group to outperform market expectation

    Distributor of home entertainment products, MBL Group reports that sales for the current financial year are signficantly ahead of the level achieved for the same period last year. The Board says...

  • 23 Jul
    11:37
    Director Deals - Air Music & Media Group Plc (MUBL)

    Lisa Clarke, Financial Director bought 10,000 shares in the company on the 23rd July 2009 at a price of 131.43p. The Director now holds 10,000 shares. NOTE: Open Offer Story provided by Business...

  • 23 Jul
    11:37
    Director Deals - Air Music & Media Group Plc (MUBL)

    Lisa Clarke, Financial Director bought 2,500 shares in the company on the 23rd July 2009 at a price of 135.00p. The Director now holds 12,500 shares representing 0.07% of the shares in issue....

  • 09 Jul
    08:06
    MBL profits leap 42% & lands Morrisons contract

    MBL, the AIM listed distributor of home entertainment products, has increased profit before tax by 42.1% to £8.1m in the year ended 31 March 2009. Revenue powered ahead to £143.6m, a 77.5% jump on...

  • 03 Feb
    09:01
    Woolworths collapse boosts MBL sales 85%

    Sales at home entertainment distributor MBL Group have risen by more than 85% following the demise of Woolworths and withdrawal of its distribution arm Entertainment UK in the run-up to Christmas....

  • 08 Dec
    07:57
    Music Box Leisure sales boost MBL Group

    MBL Group, formerly Air Music and Media Group said sales increased by 20% to £34.9m in the half-year ended 30th September 2008. The UK distributor of home entertainment products said operating...

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