Acquisition of Minority Equity Interest in The Ardonagh Group
Investment funds managed by Madison Dearborn Partners, LLC (“MDP”) and HPS Investment Partners, LLC (“HPS”) have today agreed to acquire shares in The Ardonagh Group (the “Group”) for a total consideration of £92m ($117m) (of which £82m ($104m) from MDP and £10m ($13m) from HPS) from certain existing institutional investors and other minority shareholders (the […]
The Ardonagh Group 2019 Annual General Meeting (“AGM”) Poll Results
The Ardonagh Group today announces that resolutions put to the AGM held on 21 May 2019 were all passed. The poll results are as follows:
Q2 2019 Investor Call Notification
We are pleased to confirm that The Ardonagh Group (“the Group”) will be releasing its Q2 Results covering the 6 months to 30 June 2019 shortly after 1700hrs (UK) on Wednesday 21 August 2019. The releases will be available to view or download via our website http://www.ardonagh.com/investors/financial-results. Following the release of the Q2 Results, a […]
Q1 2019 results announcement
We are pleased to confirm that The Ardonagh Group (“the Group”) will be releasing Q1 Results covering the 3 months to 31 March 2019 shortly after 1700hrs (UK) on Wednesday 22 May 2019. The releases will be available to view or download via our website http://www.ardonagh.com/investors/financial-results Following the release of the Q1 Results, a conference […]
The Ardonagh Group today announces that the Notice of Annual General Meeting (“AGM”) and Form of Proxy
The Ardonagh Group today announces that the Notice of Annual General Meeting (“AGM”) and Form of Proxy for the 2019 AGM of The Ardonagh Group Limited have been published and are now available on the Ardonagh Group investor website: http://www.ardonagh.com/investors/other-information The AGM will take place on 21 May 2019 at The Ardonagh Group’s offices located […]
Full year results 2018
Strong growth in reported income and EBITDA Taking into account all acquisitions and disposals, Ardonagh generated Pro Forma income of £665m and Pro Forma adjusted EBITDA of £187m* Operating Cash Conversion of 80%, free cash flow breakeven in second half of year and available liquidity of £216m Delivery of £18m cost savings Margin improvement of […]