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(LOOK.L) Lookers PLC Buy/Sell

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Date/Time	Headline	Source
1
30-10-09	Lookers PLC - Interim Management Statement	RNS
This news article is displayed preformatted as it may contain results tables RNS Number : 6345B Lookers PLC 30 October 2009 30 October 2009 LOOKERS plc INTERIM MANAGEMENT STATEMENT Lookers plc, a leading UK motor retail group, is issuing an interim management statement for the period from 1 July 2009 to 29 October 2009. The strong trading performance delivered in the first half of the year has continued and we are pleased to report that trading during the quarter ended 30 September 2009 and particularly during the critical month of September, has remained strong. Consequently Group results for this period are significantly ahead of both budget and the prior year. The UK market for new cars continues to be challenging and has fallen by 15% year on year to 30 September. Despite this, like-for-like new car sales are 11% ahead of the market with sales under the Government scrappage scheme and corporate sales helping the Group outperform the market. Used car volumes and margins have been maintained at high levels, which have offset the weaker performance in new car profits during the nine month period. Our franchise aftersales revenue is showing good growth, up 3% and gaining market share in a declining market. Our independent parts division continues to go from strength to strength, again achieving record results, with all three divisions of the business significantly ahead of last year. These factors, together with lower interest costs, following significant reductions in working capital, have helped to deliver a very satisfactory trading result for the period. OUTLOOK As a consequence of this strong trading performance, we are very confident with the outlook for the rest of the financial year to 31 December 2009. Whilst economic conditions remain uncertain, this year will continue to be challenging for the underlying new car market. However, the Group's diversified business model and market leading parts division, together with the actions that have been successfully completed in the Motor Division to reduce costs, leave us well positioned to trade through this difficult environment. We continue to focus on areas where we can improve the performance of the Group's franchise outlets and continue to explore incremental product opportunities for the parts business. The successful equity raising in July has strengthened our balance sheet and provided the Group with greater flexibility so that it is well placed to take advantage of opportunities which may arise and to emerge from the current downturn a stronger and more efficient business. Commenting on the statement, Peter Jones, Chief Executive, said "We are pleased with the strong trading performance for the third quarter following the excellent result for the first half of the year which was delivered in a difficult market. Economic conditions remain uncertain and we believe trading will continue to be challenging for the new car market. However, we anticipate used car volumes and margins will be maintained at current levels. Our market leading parts division is performing at record levels and our dealership aftersales business is trading well. These factors, together with our strengthened balance sheet, give us confidence that we will continue to trade successfully in the current economic climate and be able to take advantage of selective opportunities as they arise." For further information: Lookers plc Telephone: 0161 291 0043 Peter Jones, Chief Executive Robin Gregson, Finance Director Hudson Sandler Telephone: 020 7796 4133 Nick Lyon / Kate Hough This information is provided by RNS The company news service from the London Stock Exchange END IMSEAXENADLNFFE More
02-10-09	Lookers PLC - Price Monitoring Extension	RNS
RNS Number : 1843A Lookers PLC 02 October 2009 Today's closing auction call period has been extended in this security by 5 minutes. Auction call extensions give London Stock Exchange electronic order book users a further opportunity to review the prices and sizes of orders entered in an individual security during the initial auction call before the execution occurs. A price monitoring extension is activated when the matching process would have otherwise resulted in an execution price that is a pre-determined percentage above or below the price of the last automated execution today. The applicable percentage is set by reference to a security's TradElect sector. This is set out in the Sector Breakdown tab of the TradElect Parameters document at www.londonstockexchange.com/en-gb/products/membershiptrading/tradingservices</f ipP> This information is provided by RNS The company news service from the London Stock Exchange END PMEFGMGGKZKGLZM More
30-09-09	Lookers PLC - Board Change	RNS
RNS Number : 9550Z Lookers PLC 30 September 2009 30 September 2009 Lookers plc ('Lookers') Board Change As previously announced, Ken Surgenor retires from the Board of Lookers today, having served eight years as CEO and worked for the company for 23 years. He is replaced by Peter Jones, currently Managing Director of the Motor Division, who joined the Board in May 2008. Peter, 52, has extensive motor trade experience having been CEO of CD Bramall plc for six years and more recently as co-owner of Bramall & Jones Limited. Phil White, Chairman of Lookers, commented: "Ken Surgenor was the architect of Lookers' recent growth including the acquisition of FPS, which was a transformational deal for the Group. Ken's own particular style and passion for the business have made Lookers one of the most reputable companies in the sector. I am therefore delighted that he will be staying with the Group overseeing our Northern Ireland operations. "I am pleased to announce that Peter Jones is stepping up to the position of Chief Executive. Peter has a great track record in the industry and has done a tremendous job for us since joining Lookers and we look forward to him leading the Group in its next stage of development." Enquiries: Lookers `Peter Jones, Chief Executive 0161 291 0043` Robin Gregson, Finance Director `Hudson Sandler 020 7796 4133` Nick Lyon/Kate Hough This information is provided by RNS The company news service from the London Stock Exchange END BOASDEFSSSUSEDU More
24-09-09	Lookers PLC - Additional Listing	RNS
RNS Number : 6204Z Lookers PLC 24 September 2009 Lookers plc ('the Company') Additional Listing Application has been made to the UK Listing Authority and the London Stock Exchange plc for a total of 843 ordinary shares of 5p each to be admitted to the Official List of the UKLA and the London Stock Exchange for trading. These shares are to be issued and allotted as part of an employee take up of new ordinary shares under the Company's SAYE share option scheme. It is expected that admission will occur and trading will commence on 25 September 2009. The shares will rank pari passu with the Company's existing issued ordinary shares. S R MacDonald Company Secretary 24 September 2009 This information is provided by RNS The company news service from the London Stock Exchange END LISEAANLASDNEFE More
22-09-09	BRIEF-Noble initiates coverage on UK retail sector	AFX UK Focus
Sept 22 (Reuters) - UK retail sector: NOBLE INITIATES COVERAGE ON UK RETAIL SECTOR NOBLE RATES LOOKERS PENDRAGON TOPPS TILES POSITIVE NOBLE RATES HALFORDS GROUP GALIFORM GREGGS POSITIVE NOBLE RATES THORNTONS WH SMITH TED BAKER POSITIVE NOBLE RATES MOTHERCARE INCHCAPE NEUTRAL NOBLE RATES HMV GROUP GAME GROUP NEGATIVE NOBLE RATES MAJESTIC WINE CARPETRIGHT NEGATIVE (Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More
10-09-09	Lookers PLC - Notification of major interest in shares	RNS
RNS Number : 8616Y Lookers PLC 10 September 2009 10 September 2009 NOTIFICATION OF MAJOR INTEREST IN SHARES In accordance with the Disclosure Rules and Transparency Rules, Lookers plc (the Company) hereby advises that:- It was notified on 9 September 2009 that following a transaction on 8 September 2009, Legal & General Group PLC (L&G) now had a holding below 3% of the Company's Issued Share Capital. John Hoyle Assistant Company Secretary 0161 291 0043 10 September 2009 This information is provided by RNS The company news service from the London Stock Exchange END HOLURUORKRRKAAR More

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