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TULLETT PREBON PLC (TLPR.LN), a British inter-dealer money
broker, expects profit for the first half of 2013 to be slightly
down compared with the same period last year due to increased costs
associated with impending regulatory changes in the U.S., its chief
executive said Tuesday.
"The company expects to spend 20 million pounds ($30.1 million)
in 2013 relating to the U.S. regulatory changes," Terry Smith told
Dow Jones Newswires. The company expects to spend the money
building new electronic platforms to align with new U.S.
regulations such as the Dodd-Frank Wall Street Reform and Consumer
Protection Act, which is expected to be implemented in 2013.
At 1530 GMT, shares +20.0 pence, or 7.7%, at 279.8 pence.
PADDY POWER PLC (PLS.DB), a betting and gaming firm, plans
further investment in social media and "customer value" as it
continues to build the business, its chief executive said
Tuesday.
The online market will continue to drive growth, Patrick Kennedy
told reporters, and the company plans to roll-out new shops to grow
the business over the long term.
Shares in Ireland were +183.8 cents, or 3.3%, at 5714.4
cents.
REGUS PLC (RGU.LN), which operates serviced offices in 99
countries, said that up to 20% of its revenue could eventually come
from small workstations set up in places like train stations and
petrol stations, giving workers a place to use WiFi and print
documents during journeys.
Shares +19.8 pence, or 15.3%, at 149.3 pence.
PERFORM GROUP PLC (PER.LN), a sports content provider, plans to
invest in its products this year to exploit the opportunity the
soccer World Cup presents in 2014, the company's joint chief
executive said Tuesday.
"We are making lots of investments," Oliver Slipper told Dow
Jones Newswires, adding that the company still expects profits to
grow in 2013.
Shares +1.0 pence, or 0.2%, at 416.0 pence.
MICHAEL PAGE INTERNATIONAL PLC (MPI.LN), a recruitment company,
is now more optimistic in its outlook than it was six months ago
and plans to open more offices in Asia and Latin America in 2013,
its chief executive said.
"We are in very good shape and I suppose there is a little bit
more optimism around today than there was six months ago," Chief
Executive Steve Ingham told Dow Jones Newswires following the
company's full-year earnings.
Shares +12.7 pence, or 2.9%, at 450.1 pence.
WILDHORSE ENERGY LTD. (WHE.AU), an underground coal gasification
company focused on Central and Eastern Europe, said it has signed a
non-binding memorandum of understanding with the Hungarian
subsidiary of E.ON SE (EONGY), to examine and evaluate the
feasibility of constructing an underground coal gasification
commercial demonstration plant in Hungary.
Shares in London were up 0.6 pence, or 9.8%, at 7.0 pence.
CUPID PLC (CUP.LN), an online dating company, reported a 31%
rise in full-year profit and said 2013 has started strongly.
Shares -0.75 pence, or 0.6%, at 135.5 pence.
JOHNSON SERVICE GROUP PLC (JSG.LN), a textile services and
facilities management group, swung to a loss in 2012 after booking
an exceptional charge relating to the restructuring of its
drycleaning division.
Shares +0.75 pence, or 1.8%, at 42.5 pence.
JOHN MENZIES PLC (MNZS.LN), the aviation services business and
provider of distribution and marketing services to the newspaper
and magazine supply chain in the U.K., reported a drop in full-year
profit but said it is well placed to deliver growth in 2013.
Shares +33.0 pence, or 4.4%, at 781.0 pence.
ZOTEFOAMS PLC (ZTF.LN), a cellular material technology company,
expects further progress in 2013 and remains confident about the
long-term prospects for the business after reporting an 8% rise in
2012 profit.
Shares +0.5 pence, or 0.25%, at 199.0 pence.
FTSE Small-Cap +0.5%
AIM +0.3%
Write to Tapan Panchal, Ed Ballard, Razak Baba, Rory Gallivan,
Jana Weigand and Iain Packham at uksmallcaps@dowjones.com
