|Bid||2,450.00 x 36300|
|Ask||0.00 x 40000|
|Day's range||2,480.00 - 2,528.04|
|52-week range||1,826.00 - 2,772.00|
|PE ratio (TTM)||21.34|
|Earnings date||14 May 2018|
|Forward dividend & yield||0.54 (2.13%)|
|1y target est||2,487.81|
A FTSE-250 manufacturer will this week pay the price for its loyalty to a former Carillion (Frankfurt: 924047 - news) director with its inclusion on a City roll-call of companies which have sparked corporate governance rows with investors. Sky News understands that Victrex (LSE: VCT.L - news) will be added to the Investment Association's (IA) new public register on Tuesday, days after withdrawing a resolution seeking the re-election of Andrew Dougal to its board. Victrex announced last week that Mr Dougal, who chaired Carillion's audit committee for six years prior to its collapse into liquidation, had resigned from the polymer manufacturer's board three days before its annual shareholder meeting.
The former chair of Carillion (Frankfurt: 924047 - news) 's audit committee faces a battle to keep his role at another listed company after an influential advisor withdrew its backing for his re-election. Sky News has learnt that Institutional Shareholder Services (ISS (LSE: 0QRS.L - news) ) has recommended that investors in Victrex (LSE: VCT.L - news) , a polymer manufacturer, abstain on the vote to reappoint Andrew Dougal at its annual meeting next week. Mr Dougal, who also chairs Victrex's audit committee, held that crucial role in Carillion's boardroom for six years before it collapsed.
The Carillion director who chaired its audit committee for six years is under mounting pressure to quit the board of Victrex (LSE: VCT.L - news) , the listed polymer manufacturer. Sky News has learnt that a number of leading institutional investors plan to write to the board of Victrex to demand Andrew Dougal's resignation unless he steps down voluntarily in the coming weeks. The move underlines the extent to which the collapse of Carillion (Frankfurt: 924047 - news) , Britain's second-largest construction group, is impacting boardrooms across UK industry.
News of North Korea's latest nuclear test hit European shares on Monday but failed to trigger a massive sell-off as investors seem to get used geopolitical tensions. The pan-European STOXX 600 index and ...