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(CCR.L) C&C GROUP Buy/Sell
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Summary
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| Date/Time | Headline | Source |
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| 18-03-10 | RNS |
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RNS Number : 7879I C&C Group Plc 18 March 2010 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
(1) Anissuermaking a notification in respect of a transaction relating to
(2) Anissuermaking a notification in respect of a derivative relating to
(3) Anissuermaking a notification in respect of options granted to
adirector/person discharging managerial responsibilitiesshould complete
(4) Anissuermaking a notification in respect of afinancial
instrumentrelating to thesharesof theissuer(other than a debenture)
Please complete all relevant boxes in block capital letters. 1. Name of the issuer C&C Group plc 2. State whether the notification relates to (i) a transaction notified in accordance with the Market Abuse Rules: or (ii) a disclosure made in accordance with section 53 (as extended by section 64) of the Companies Act 1990 or entered into the issuer's register in accordance with section 59 of the Companies Act 1990; or (iii) both (i) and (ii) (iii) 3. Name of person discharging managerial responsibilities/director Richard Holroyd - Director 4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
N/A 5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest Holding in shares by Richard Holroyd 6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares 22,000 ordinary shares of Euro 0 0.01 each 7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them Richard Holroyd 8 State the nature of the transaction The sale of 22,000 shares at EUR2.91 by Richard Holroyd's SIPP and the purchase of 22,000 shares by Richard Holroyd at EUR2.93 9. Number of shares, debentures or financial instruments relating to shares acquired 22,000 ordinary shares 10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) 0.01% 11. Number of shares, debentures or financial instruments relating to shares disposed 22,000 12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 0.01% 13. Price per share or value of transaction Sale of shares at EUR2.91 and purchase of shares at EUR2.93. 14. Date and place of transaction London, UK 16 March 2010 15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 22,000 (0.01%) ordinary shares of Euro 0.01 each 16. Date issuer informed of transaction 16 March 2010 If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes 17 Date of grant
N/A 18. Period during which or date on which it can be exercised
N/A 19. Total amount paid (if any) for grant of the option
N/A 20. Description of shares or debentures involved (class and number)
N/A 21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
N/A 22. Total number of shares or debentures over which options held following notification
N/A 23. Any additional information
N/A 24. Name of contact and telephone number for queries Noreen O'Kelly + 353 1 6161100 Name and signature of duly authorised officer of issuer responsible for making notification Noreen O'Kelly, Company Secretary. Date of notification 18 March 2010
This information is provided by RNS The company news service from the London Stock Exchange END
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| 18-02-10 | RNS |
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RNS Number : 3776H C&C Group Plc 18 February 2010 Notification of Board Changes and Director's Details Pursuant to paragraph 6.6.7 of the Listing Rules, C&C Group plc hereby notifies the following in relation to Sir Brian Stewart whose forthcoming appointment as a Director of the Company was announced on 18 February 2010.
Enquiries: Noreen O'Kelly Company Secretary Phone: + 353 1 616 1100 This information is provided by RNS The company news service from the London Stock Exchange END
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| 18-02-10 | RNS |
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RNS Number : 3180H C&C Group Plc 17 February 2010 Appointment of Chairman Designate Dublin, London, Thursday 18 February, 2010: C&C Group plc ('C&C' or the 'Group'), a leading manufacturer, marketer and distributor of branded beverages in Ireland and the UK, today announced the appointment of Sir Brian Stewart as an independent Non-Executive Director and Chairman Designate with effect from 9 March, 2010. Sir Brian will be appointed as Non-executive Chairman at the Group's Annual General Meeting on 5 August, 2010, succeeding Tony O'Brien who will retire on that date. Sir Brian (64), former Chairman of Standard Life plc and Scottish & Newcastle plc, is an international businessman with a lifetime's experience in the drinks industry. As Chairman of Standard Life, Sir Brian led the process of demutualisation of Europe's largest mutual life insurer. In his time at Scottish & Newcastle, as both Chief Executive and subsequently as Chairman, he pioneered the Group's international expansion across Europe into India and China. He oversaw the takeover of Kronenbourg in France and Hartwall in Finland, the latter which culminated in the joint ownership of Baltika, Russia's biggest brewer. He was also instrumental in the takeover of HP Bulmer of Hereford, Britain's largest cider maker. He is currently Chairman of Miller Group, the leading British privately-owned housing, property and construction group; and is also a member of the Institute of Chartered Accountants for Scotland. Announcing his successor, Tony O'Brien, Chairman of C&C said: "We are delighted to have attracted someone of Sir Brian's calibre to the C&C Group Board, and that he has accepted the role to become Chairman. With his vast knowledge and experience of the LAD sector, coupled with his valuable trade connections, he is well equipped to provide astute strategic leadership of the Board, and is the ideal person to lead the next phase of C&C's development." Commenting on his appointment, Sir Brian Stewart said: "C&C Group has an attractive business, a strong portfolio of brands and an experienced team. I look forward to joining the board and contributing to the continuing success of the business. Tony and the team have built strong brands and developed real growth opportunities and the company clearly has exciting potential." Tony O'Brien retires from the Group after serving 20 years as Chief Executive and a further eight years as Non-executive Chairman.
About C&C Group plc C&C Group plc is a leading manufacturer, marketer and distributor of branded beverages in Ireland and the UK. C&C manufactures the leading Irish cider brand, Bulmers, and the premium international cider brand, Magners, for export to the United Kingdom, the United States and Continental Europe. C&C recently acquired the Tennent's beer brand which is primarily sold in Scotland and Northern Ireland and The Gaymer Cider Company which produces a range of branded and own label cider for the on and off-trade in the UK. C&C also exports spirits and liqueurs, including the premium Irish whiskey brand, Tullamore Dew, to over 80 international markets. The company also distributes a number of beer brands in the Scottish, Irish and Northern Irish markets and niche spirits and liqueur brands across a number of international markets. This information is provided by RNS The company news service from the London Stock Exchange END
BOAUBUKRRAAUAAR More |
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| 10-02-10 | RNS |
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RNS Number : 7815G Irish Stock Exchange 10 February 2010
REPORT OF THE BOARD OF THE
IRISH STOCK EXCHANGE Irish Stock Exchange 28 Anglesea Street
DUBLIN 2 10 February 2010
ADMISSION NOTICE The Board of the Irish Stock Exchange approves the admission of the under-mentioned security to listing on the Official List and trading on the Main Market of the Exchange. C&C GROUP PLC 2,706,723 Ordinary Shares of EUR 0.01
IE00B010DT83 This announcement has been issued through the Companies Announcement Service of the Irish Stock Exchange. This information is provided by RNS The company news service from the London Stock Exchange END
ISEUGUCWPUPUGQA More |
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| Date/Time | Subject | Author | ||
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| 08-03-10 | ||||
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Magners value sales grew +6.2% year-on-year (yoy) in the GB off-trade in
February, narrowing its underperformance relative to the off-trade cider market over the last 12 months. Off-trade cider market value sales rose by +9.7 yoy in February. This Nielsen update gives us C&C’s full-year performance (to end-February) for the GB off-trade: full-year Magners off-trade value sales growth was -1% (+5% volume; -6% price). This compares to the off-trade cider market which over the same period grew value sales by 16% (+2% volume; +4% price). The key for C&C's cider portfolio this year is to start performing in line with the very strong growth trend in cider. The discounting of Heineken’s Bulmers — the brand was heavily discounted over the Christmas period — looks to have ended for the time being. Bulmers price per litre rose 15% month-on-month (mom) to £2.41; this compares to £1.78 in December and £2.09 in January. Magners' price per litre was £2.49 in February (- 3% mom). Cider as a category continues to outperform the broader long alcoholic drinks (LAD) market. LAD categories value sales declined -0.7% yoy in February compared to value sales growth of 9.7% yoy for the cider category. Data for the four weeks ending February 20th were as follows: • The cider market grew by +9.7% in value (+3.6% volume) yoy; • Magners grew by +6.2% value (+13.3% volume) yoy; • Gaymers declined by -4.8% value (-11.7% volume) yoy; • Bulmers grew +13.8% value (+17.9% volume) yoy; • Heineken grew +11.0% value (+6.2% volume) yoy; • LAD was -0.7% in value (-1.7% volume) yoy. |
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| 18-02-10 | ||||
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C&C announced this morning that Sir Brian Steward is to be appointed a non-executive director
of C&C and Chairman Designate to take over from Tony O’Brien, who retires at the Group’s AGM on August 5th. As former CEO and Chairman of Scottish & Newcastle, Stewart oversaw some of the significant milestones in the company’s development, including the acquisition of HP Bulmer, which would have been of interest to C&C at the time, and also some of S&N’s expansion internationally. His appointment will give further weight to C&C’s increasing UK focus and, eventually, diversification into other markets. Meanwhile, Pernod announce that its H1 sales were 3% weaker, but that some of its main brands performed well, including Jameson, where sales were up 7%. C&C’s Tullamore Dew remains the main profit driver in its spirits portfolio. |
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| 16-01-10 | ||||
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i dont think there were any major surprises...in fact a few of the brokers upgraded their 'forecasts' a little.
Happy drinking! |
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| 15-01-10 | ||||
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C&C (€2.805)
IMS reiterates core guidance at top end of €77m-€82m, €7m contribution from Tennents C&C’s IMS today reiterates previous guidance that the full year FY10 operating profit outcome for the core business (pre acquisitons) is expected to be at the top end of a €77m to €82m range. Our forecast is €82.1m. The operating contribution from the Tennent's business for FY10 is expected to be c.€7m, better than our €5.4m forecast. Within this overall performance, cider volumes are slightly worse at the nine month stage (to end Nov)than we expected, down 3% with Q3 volumes down 9%. In the nine months, Bulmers ROI volumes declined 2% (Q3- 7%), Magners GB volumes fell 6% (Q3 -15%) and ROW cider volumes increased 8% (Q3 +8%). The December cider volume performance is better than we would have thought, particularly after the 18.4% year-on-year decline in Magners volumes reported in the UK off trade in December as per AC Nielsen. In December, cider volumes increased 3%, with GB up 17%, Ireland down 8% and a 1% decrease in ROW. The company stated that the on trade in GB in particular benefited from late ordering in the month. C&C management had set out an objective of stabilising volumes in the GB market in FY10 (following a 17% volume decline in FY09). The company is now saying that it expects to deliver a modest year-on-year decline in overall cider volumes in FY10. We interpret this as a decline of 2-3% year-over-year versus our expectation of down 1%. In spirits, volumes in the three months to November increased 2% and are now only down 8% for the nine months compared to down 15% at the half year stage. This recovery in volume performance is coming through faster than we expected. In December, volumes increased 23% as the business reached easier comparisons versus Christmas 2008. Spirits revenues have declined 14% (constant currency) in the nine month period, compared to a decline of 20.2% at the interim stage. For the full year, we have been forecasting a 14% decline in spirits revenues so there will be some small upside to this forecast to account for an ongoing volume recovery to year end. On Tennent's, the FY10 contribution is guided at c€7.0m versus our €5.4m forecast, reflecting lower marketing spend and lower overheads than previously expected. In addition, the company notes that it has "increased certainty abut the timing and delivery of identified synergy benefits of £10m announced at the time of the acquisition". C&C states that it will pay a break fee of £1.75m to Molson Coors to modify the terms of the original draught distribution agreement. This fee is incorporated in the guidance. Overall, we expect to increase our FY10 operating profit of €88m to allow for the better Tennent's contribution, slightly offset by a small reduction in our forecast for the core business to allow for weaker cider volumes. In terms of our FY11 numbers, while we may alter the mix within the numbers, we anticipate little change to our overall operating profit forecast of €114m. We have a Buy recommendation on C&C> From merrion stockbrokers |
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