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There is currently no data for Uniq. Matthew Litobarski held the position of Senior Non-Executive Director at Uniq at the time of this trade. Belinda Gooding held the position of Non-Executive Director at Uniq at the time of this trade. John Warren held the position of Non-Executive Director at Uniq at the time of this trade. And its all over, got my cash yesterday.
Its a sad day, this was my very first investment! June, reporting a pre-tax profit of 600,000 pounds, a turnaround from the 6 million pound loss realised a year before. The tightening of distribution and administrative expenditure, as well as a fall in pension interest outgoings and finance charges all contributed to a the group’s improved figures. Revenue for the period actually fell, by 2. 25m bank facility with a three year term.
As part of the pension restructuring it was agreed to appoint a corporate finance advisor to assess how the Pension Scheme could realise the best value for their 90. In July 2011, it was announced that the Boards of Uniq and Greencore were recommending a cash offer of 96p a share for the whole of Uniq and that the Pension scheme had agreed to accept the offer with respect to its 90. On 23 August 2011 Uniq announced its decision to close the Everyday desserts business unit at Minsterley by June 2012 with the possible loss of 350 jobs. This, in addition to the previously announced withdrawal from the Premium yogurt market, will leave Minsterley with about 100 staff totally focussed on chocolate desserts. The half year to 30 June 2011 delivered both a continuation of the improvement in trading performance and a transformation of the Group’s balance sheet through a successful restructuring which removed the disproportionately large pension deficit. Food to Go division and as a result of further restructuring within Desserts.