Amlin, HSBC, Kingspan, Petrofac, SABMiller: U.K., Irish Equity Preview

The following is a list of companies whose shares may have unusual price changes in U.K. and Irish markets. Stock symbols are in parentheses and prices are from the last market close.

The benchmark FTSE 100 Index fell 16.01, or 0.3 percent, to 5,195.28. The FTSE All-Share Index declined 0.4 percent and Ireland’s ISEQ Index slid 1.7 percent.

Allied Irish Banks Plc (ALBK ID): The lender plans to sell its 49.9 percent stake in the Bulgarian American Credit Bank, the Sunday Business Post reported, citing a statement from Allied Irish. The shares fell 0.5 percent to 81.1 euro cents.

Amlin Plc (AML LN): The biggest insurer at Lloyd’s of London said first-half profit declined 39 percent to 107.6 million pounds ($167 million) as claims almost doubled. The stock fell 2.5 percent to 421.9 pence.

Bovis Homes Group Plc (BVS LN): The U.K. homebuilder reported net income of 2.4 million pounds for the first half compared with a loss of 6.6 million pounds a year earlier. The shares fell 1.7 percent to 348.4 pence.

Dana Petroleum Plc (DNX LN): Korea National Oil Corp.’s hostile bid for U.K. oil explorer Dana Petroleum has the support of many of Dana’s top shareholders, the Times of London reported, without saying where it got the information. The stock advanced 6.1 percent to 1,798 pence.

Hiscox Ltd. (HSX LN): The second-biggest Lloyd’s of London insurer said first-half profit before tax fell to 97.2 million pounds from 141.4 million pounds. The shares dropped 1.6 percent to 343.7 pence.

HSBC Holdings Plc (HSBA LN): Old Mutual Plc, the biggest insurer in Africa, said it got a proposal from Europe’s biggest bank to buy a controlling stake in its Nedbank Group Ltd. business. The stock fell 0.2 percent to 634.2 pence.

Kingspan Group Plc (KSP ID): Europe’s largest maker of flooring and insulation panels said first-half operating profit rose 9 percent to 33.1 million euros ($42.1 million) and it resumed its interim dividend payment at 4 cents. The shares declined 5.5 percent to 5.08 euros.

Lamprell Plc (LAM LN): The oil and gas rig construction company said first-half net income increased 26 percent to $39.7 million and earnings-per-share rose 25 percent to 19.77 cents. Analysts expected net income $21.9 million and EPS of 10 cents. The stock fell 3.7 percent to 263.9 pence.

Petrofac Ltd. (PFC LN): The oilfield services and engineering company said first-half revenue jumped 34 percent to $2.1 billion after winning new orders. The shares advanced 1.6 percent to 1,362 pence.

RSA Insurance Group Plc (RSA LN): The U.K. insurer will need to raise its offer for Aviva Plc’s insurance unit by 10 percent to reach an agreement, the Daily Telegraph reported investor Martin Brown as saying. The stock declined 0.8 percent to 122.6 pence.

SABMiller Plc (SAB LN): The world’s second-largest brewer may make a 7 billion-pound offer for Carlton & United Breweries, the beer-making unit of Foster’s Group Ltd., the Sunday Times reported, without saying where it got the information. The shares fell 0.5 percent to 1,851 pence.

To contact the reporter on this story: Ben Martin in London at bmartin38@bloomberg.net.

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