{"id":22640,"date":"2009-09-29T08:44:00","date_gmt":"2009-09-29T07:44:00","guid":{"rendered":"http:\/\/amateurphotographer.co.uk\/uncategorized\/jessops-shares-plunge-on-bank-deal-move-22640"},"modified":"2014-09-02T17:06:19","modified_gmt":"2014-09-02T16:06:19","slug":"jessops-shares-plunge-on-bank-deal-move","status":"publish","type":"post","link":"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-shares-plunge-on-bank-deal-move\/","title":{"rendered":"Jessops shares plunge on bank deal move"},"content":{"rendered":"<p><strong>Jessops&#8217; share price fell to its lowest point this year after a restructuring deal that means Jessops&#8217; main business will be <a href=\"http:\/\/amateurphotographer.co.uk\/news\/Jessops_2000_jobs_saved_in_rescue_deal_news_289889.html\" title=\"Jessops bank rescue deal\">47% owned<\/a> by its bank, HSBC.<\/strong><\/p>\n<p>The firm&#8217;s share price fell to 0.5 pence per share when the financial markets opened this morning. <\/p>\n<p>Last night <a href=\"http:\/\/amateurphotographer.co.uk\/news\/jessops_blasts_former_boss_after_radio_outburst_news_288058.html\" title=\"Jessops fury over BBC Radio outburst\">Jessops&#8217;<\/a> share price stood at 2.13 pence. The share price opened this morning at 0.65 pence.<\/p>\n<p>As part of the restructuring deal with HSBC, Jessops has stated that \u00a3100,000 will be made available for distribution to Jessops shareholders.<\/p>\n<p>OTHER JESSOPS ARTICLES<\/p>\n<p><a href=\"http:\/\/amateurphotographer.co.uk\/news\/jessops_blasts_former_boss_after_radio_outburst_news_288058.html\" title=\"Jessops fury over BBC Radio outburst\">Jessops fury over BBC Radio outburst<\/a><\/p>\n<p><a href=\"http:\/\/amateurphotographer.co.uk\/news\/Jessops_hires_Coffee_Republic_man_news_288022.html\" title=\"Jessops hires Coffee Republic man\">Jessops hires Coffee Republic man<\/a><\/p>\n<p><a href=\"http:\/\/amateurphotographer.co.uk\/news\/Jessops_cannot_survive_in_current_form_claims_former_chief_news_287998.html\" title=\"Jessops row\">Former Jessops boss in radio outburst<\/a><\/p>\n<p><a href=\"http:\/\/amateurphotographer.co.uk\/news\/Jessops_shares_plunge_on_finance_news_news_283317.html\" title=\"Jessops share price plunge 27 May 2009\">Jessops share price plunge 27 May 2009<\/a><\/p>\n<p><a href=\"http:\/\/amateurphotographer.co.uk\/news\/jessops_in_frame_for_id_card_scheme_news_282241.html\" title=\"Jessops in frame for ID card scheme\">Jessops in frame for ID card scheme<\/a><\/p>\n<p><a href=\"http:\/\/amateurphotographer.co.uk\/news\/jessops_our_revamped_store_is_radical_step_forward_news_280938.html\" title=\"Jessops revamps flagship store\">Jessops revamps flagship store<\/a><\/p>\n<p><a href=\"http:\/\/amateurphotographer.co.uk\/news\/jessops_boss_we_can_pay_our_rent_bill_news_279270.html\" title=\"Jessops rent bill pledge\">Jessops&#8217; rent bill pledge<\/a><\/p>\n<p><a href=\"http:\/\/amateurphotographer.co.uk\/news\/Jessops_releases_store_closure_list_news_276895.html\" title=\"Jessops stores closure list\">Jessops store closure list<\/a><\/p>\n<p><a href=\"http:\/\/amateurphotographer.co.uk\/news\/_Jessops_to_slash_jobs_as_17_stores_close_update__Breaking_news_news_276840.html\">Jessops to shut down 17 stores<\/a><\/p>\n<p><a href=\"http:\/\/amateurphotographer.co.uk\/news\/Jessops_confident_will_survive_tough_year_news_275789.html\" title=\"Jessops interview\">Interview with chairman<\/a><a href=\"http:\/\/amateurphotographer.co.uk\/news\/jessops_a_snapshot_of_history_update_news_274930.html\" title=\"History of Jessops\">History of Jessops<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jessops share price fell to its lowest point this year after a restructuring deal that means Jessops main business will be 47% owned by its bank, HSBC.<\/p>\n","protected":false},"author":324,"featured_media":22641,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[39],"tags":[],"product-category":[],"class_list":["post-22640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-photo-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v26.8) - 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