Arena Events Group (ARE)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM All-Share

19.50p
   
  • Change Today:
      2.00p
  • 52 Week High: 72.75
  • 52 Week Low: 16.50
  • Currency: UK Pounds
  • Shares Issued: 152.71m
  • Volume: 6,613,114
  • Market Cap: £29.78m
  • RiskGrade: 536

Arena Events names Chris Morris as UK and European head

By Iain Gilbert

Date: Tuesday 12 Mar 2019

LONDON (ShareCast) - (Sharecast News) - Arena Events has appointed Chris Morris as its new chief executive of UK and European operations.
Morris, who will join the group on 19 March, was most recently the managing director of CH & Co's events and destinations division.

Chief executive Greg Lawless said: "We are delighted to welcome Chris to the Arena team. He has held a number of senior executive positions within the sports, leisure and hospitality sectors and is very well known in the industry.

"Chris brings a wealth of knowledge to his new position and I believe he will be a great asset to the Arena Group as we continue to grow the UK division over the coming years".

Arena saw shares plummet in January after the temporary structures provider lowered earnings expectations due to "disappointing" operational issues in the UK.

The AIM-listed company, which has supplied tents, flooring, temporary seating and other structures for events such as Wimbledon and the wedding of Prince Harry and Megan Markle, told investors back in January that adjusted EBITDA for the calendar year was now expected to be between £12m and £12.5m - lower than previously indicated due to materially higher incremental costs increases at its UK Structures and Scaffolding division.

As of 1040 GMT, Arena Events shares had inched back 0.31% to 33.40p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ARE Market Data

Currency UK Pounds
Share Price 19.50p
Change Today 2.00p
% Change 11.43 %
52 Week High 72.75
52 Week Low 16.50
Volume 6,613,114
Shares Issued 152.71m
Market Cap £29.78m
RiskGrade 536

ARE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
69.15% above the market average69.15% above the market average69.15% above the market average69.15% above the market average69.15% above the market average
65.79% above the sector average65.79% above the sector average65.79% above the sector average65.79% above the sector average65.79% above the sector average
Price Trend
90.2% below the market average90.2% below the market average90.2% below the market average90.2% below the market average90.2% below the market average
89.87% below the sector average89.87% below the sector average89.87% below the sector average89.87% below the sector average89.87% below the sector average
Income
63.25% above the market average63.25% above the market average63.25% above the market average63.25% above the market average63.25% above the market average
48.00% above the sector average48.00% above the sector average48.00% above the sector average48.00% above the sector average48.00% above the sector average
Growth
52.15% above the market average52.15% above the market average52.15% above the market average52.15% above the market average52.15% above the market average
66.23% above the sector average66.23% above the sector average66.23% above the sector average66.23% above the sector average66.23% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ARE Dividends

  Latest Previous
  Interim Final
Ex-Div 03-Oct-19 13-Jun-19
Paid 01-Nov-19 08-Jul-19
Amount 0.25p 1.00p

Trades for 13-Sep-2019

Time Volume / Share Price
17:09 69,449 @ 19.27p
17:09 330,551 @ 19.27p
16:20 6,200 @ 19.65p
16:19 80,912 @ 19.95p
16:16 2,000 @ 19.85p

ARE Key Personnel

CEO Gregory Malcolm Lawless
Finance Director Piers Leigh Stuart Wilson
CEO Chris Morris

Top of Page