Neville Porter Plc

Neville Porter Plc is quoted on the London Aim Stock Exchange (NEV) since 28 February 2007. Under the sector Travel and Leisure and sub sector gambling.
Neville porter Plc is an  independent on-course and off-course bookmaker operating in the UK and Republic of Ireland with over 43 Racecourse pitches in prime positions at 25 Racecourses in the UK and Ireland. the company also provides online betting from npbet.co.uk and Telephone betting.

Neville Porter Plc Share Price

Neville Porter Plc company announcements

Neville Porter (NEV) 18th April 2008
Following continued poor trading conditions, and pending further clarification of the Company's financial position, the Board has requested a suspension of trading of the Company's shares on AIM with immediate effect.
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30th January 2008
Has entered into agreements with two of its directors, David Neville Porter and Brian Morton, for a proposed refinancing and restructuring of the company and its subsidiaries' businesses. It will  sell some of  its UK pitches to raise further funds
27th December 2007 Announces today its first preliminary results as an AIM quoted company for the period ended 30 June 2007. Loss of £360,714 before write down for the impairment of assets for seven-month period to 30 June 2007. Revenues of £6,672,805 for the seven-month period to 30 June 2007. Revenues of £3,569,678 from call-centre operations (opened in April 2007). Acquired prime pitches at Leopardstown and Galway expanding on-course operations into Ireland. Acquired prime pitches at Cheltenham and Kelso in the UK
27th December 2007
In a statement it has stated it will have to write down the pitch values by over £500,000 or 60%. An initial write down of £552,040 against the value of the Company's UK pitches has been made in the accounts for the period ended 30 June 2007
18th June 2007
In a trading statement Neville Porter said  the Company is currently trading at a modest loss and is unlikely to make the anticipated level of profits for the seven month period ending 30 June 2007. But since the beginning of June, the Company has taken a number of actions in order to improve gross win margins and hence profitability which are starting to bear fruit.

12th April 2007
In a trading statement issued today the Online betting platform npbet.co.uk was launched on April 9th 2007 ahead of schedule, this service will primarily be focused on Horse racing with a full range of sporting events including Football,Golf, rugby and Snooker.
 
14th March 2007 Announced the acquisition of a Racecourse Pitch in Galway, and acquisition of 4 pitches in Catterick, Newmarket, Newcastle and Haydock. and the  disposal of 1 pitch in Royal Ascot. for a total sum of £265,000