News Column

Upcoming Events, Strategic Collaboration, Proposal, Shareholding Changes, and Bond Issue Sizing - Analyst Notes on Renishaw, RPC, Scottish Mortgage, Jupiter and Ladbrokes

June 12, 2014



LONDON, June 13, 2014 /PRNewswire/ --


Editor Note: For more information about this release, please scroll to bottom.

Today, Earnings Review released its analysts' notes regarding Renishaw Plc (LON: RSW), RPC Group Plc (LON: RPC), Scottish Mortgage Investment Trust Plc (LON: SMT), Jupiter Fund Management Plc (LON: JUP) and Ladbrokes Group Finance Plc (LON: LAD). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/3713-100free.

Renishaw Plc Analyst Notes On May 19, 2014, Renishaw Plc (Renishaw) announced that it will exhibit a range of its advanced engineering products at Plastics Design & Moulding 2014 during June 18 - 19, 2014 at the Telford International Centre in Telford, UK. Renishaw stated that it will display its innovative versatile gauging system, and examples of 3D printed components produced using the Company's innovative laser melting technology. According to the Company, its EquatorTM, the versatile guageTM, is a lightweight, fast and highly repeatable gauge that operators can use with a push-button simplicity. The Company will also showcase AM250 additive manufacturing machines utilizing an original process capable of producing fully dense metal parts direct from 3D CAD, using a high-powered fibre laser. The full analyst notes on Renishaw are available to download free of charge at:

http://earnings-review.com/3713-RSW-13Jun2014.pdf

RPC Group Plc Analyst Notes On June 5, 2014, RPC Group Plc (RPC) announced that RPC Containers UKSC and Halstead will produce a bespoke 5 litre oil pack for leading producer Millers Oils featuring a unique dispensing closure allowing the oil to be fully controllable and to flow freely and easily. The Company informed that the innovative closure has been jointly designed by RPC and Millers Oils from an original concept devised by Millers to solve a long-standing problem of controlling lubricating oils during pouring. RPC stated that after developing the concept, Millers worked with RPC to create a suitable container design incorporating the new closure. RPC informed that the Flowcontrol bottle features a 'straight curved' shape, where each curve comes to a defined edge, similar to several latest car designs and this, along with a wide labelling area, helps to create a distinctive presence for the pack on shelf. The full analyst notes on RPC are available to download free of charge at:

http://earnings-review.com/3713-RPC-13Jun2014.pdf

Scottish Mortgage Investment Trust Plc Analyst Notes On May 22, 2014, Financial Times reported that the Scottish Mortgage Investment Trust Plc (Scottish Mortgage) is planning to ease some investment restrictions that would provide more flexibility to the managers in taking large stakes in companies. According to the report, the board of Scottish Mortgage has put forward a proposal to remove the restriction on the fund that stops it from investing more than 40% of the fund in holdings of more than 3%. According to the Financial Times, John Scott, the chairman of the Scottish Mortgage, said he backed the removal of the restriction as in the past it meant that "successful investments with the potential for further growth have had to be reduced". Meanwhile, the board has sought shareholders' approval for tweaking a section in the trust's investment objective that requires it to grow its dividend at an above-inflation rate. The full analyst notes on Scottish Mortgage are available to download free of charge at:

http://earnings-review.com/3713-SMT-13Jun2014.pdf

Jupiter Fund Management Plc Analyst Notes On May 29, 2014, Jupiter Asset Management Plc (Jupiter) announced changes to the interests of the Company's Executive Directors and Persons Discharging Managerial Responsibility (PDMR) in the Ordinary Shares of the Company as a result of their participation in the Company's Share Incentive Plan (SIP). The Company informed that under the terms of the SIP, the Company's Executive Directors and PDMR acquired the following share interests: Edward Bonham Carter, Adrian Creedy, John Chatfield-Roberts, and Philip Johnson acquired 21, 21, 18, and 21 shares, respectively, at a price of GBP3.992 on May 29, 2014 in London after the reinvestment of the 2013 final dividend payment. The full analyst notes on Jupiter are available to download free of charge at:

http://earnings-review.com/3713-JUP-13Jun2014.pdf

Ladbrokes Group Finance Plc Analyst Notes On June 3, 2014, Ladbrokes Group Finance Plc (Ladbrokes) sized its previously announced sterling bond issue at GBP100 million. The Bonds, which pays an interest rate of 5.125% and is due for maturity on September 16, 2022, will be guaranteed by Ladbrokes. The Bonds have a minimum initial subscription amount of GBP2,000 and are available in multiples of GBP100 thereafter. The Company reported that the issue date is June 16, 2014. According to Ladbrokes, the estimated net proceeds of the offer are GBP99.1 million and the estimated expenses relating to the offer are GBP335,000. The full analyst notes on Ladbrokes are available to download free of charge at:

http://earnings-review.com/3713-LAD-13Jun2014.pdf

EDITOR'S NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] earnings-review.com.

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COMPLIANCE PROCEDURE Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Earnings Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Earnings Review in this article or report according to the procedures outlined by Earnings Review. Earnings Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

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