|Bid||0.000 x 520000|
|Ask||17.750 x 11332600|
|Day's range||14.500 - 17.500|
|52-week range||9.500 - 31.410|
|PE ratio (TTM)||-0.15|
|Earnings date||2 Aug 2017 - 7 Aug 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||62.50|
A battle for control of the publisher of The Scotsman and i newspapers will be ignited this week when a top shareholder unveils a plan to unseat the majority of its board - including its chief executive and finance director. Sky News has learnt that Custos, which owns 12.6% of Johnston Press (LSE: JPR.L - news) , will write to its board to demand an extraordinary general meeting at which it will seek to oust Ashley Highfield, the CEO, and David King, chief financial officer. Christen Ager-Hanssen, who runs Custos, will also propose to replace three of the company's non-executive directors, including Camilla Rhodes, the interim chairman.
The second-largest investor in Johnston Press (LSE: JPR.L - news) , the owner of The Scotsman and i newspapers, will next week ignite a battle for control of its board by demanding a shareholder meeting to oust its chairman. Sky News has learnt that Christen Ager-Hanssen, a Norwegian businessman whose investment vehicle Custos owns 12.6% of the British media group, plans to write to Johnston Press's board in the coming days to requisition an extraordinary general meeting (EGM). Sources said that Mr Ager-Hanssen was expected to seek the removal of Camilla Rhodes, the company's interim chairman, and to try to install himself in her place.
Johnston Press Plc (LSE: JPR.L - news) , the publisher of the Scotsman, said trading towards the end of 2016 improved as it posted a 1 percent rise in fourth-quarter revenue aided by strong sales of its "i" and Yorkshire Post titles. The 250-year-old company said signs of business confidence were improving as quarterly revenue returned to growth after contracting 5 percent in the previous quarter in the "immediate aftermath" of Britons' June vote to leave the European Union.
Johnston Press Plc, the publisher of the Scotsman and the Yorkshire Post, said it is seeing higher costs from imported paper and ink due to weakness in sterling after the Brexit vote, as it posted a 6 ...