Aim Bulletin
Zinc Media still winning commissions, but activity falls
Television content producer Zinc Media Group described “good progress” on its transformation plan during the current Covid-19 pandemic on Friday, with £2. 5m of new business won since the lockdown began, and a “growing pipeline” of proposals which could be produced under social distancing rules across its television labels.
Cohort ends year in line, still expects to pay dividend
Technology company Cohort updated the market on its financial year ended 30 April on Thursday, saying that with the benefit of a lower tax charge, it was expecting earnings per share to be in line with market expectations.
Strategic Minerals completes 'important step' in reopening of Leigh Creek
Strategic Minerals announced on Thursday that its wholly-owned subsidiary Leigh Creek Copper Mine has lodged a draft programme for environment protection and rehabilitation (PEPR) with the South Australian government.
Midatech raises $2.6m through offering and private placing
Biotechnology company Midatech Pharma announced the closing of its registered direct offering of 1,818,182 American depositary shares (ADS), each representing five of its ordinary shares, at a price of $1. 65 per ADS on Thursday.
88 Energy releases more results from Charlie-1 appraisal well
88 Energy updated the market on operations at its recently-drilled Charlie-1 appraisal well on the North Slope of Alaska on Thursday, reporting the average API gravity of liquid hydrocarbon in the Torok Formation as around 50 degrees.
Anglo Asian prioritising work at five discoveries
Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining updated the market on its strategy on Thursday, saying it was prioritising discoveries identified by its current exploration to increase production and mine life.
Galileo takes over Botswana copper firm Crocus-Serv
Galileo Resources has completed the acquisition of Botswana-incorporated Crocus-Serv, it announced on Thursday, having satisfied the conditions under the heads of agreement.
Beximco launches generic remdesivir for treatment of Covid patients
Generic drugs manufacturer Beximco Pharmaceuticals announced the launch of the antiviral drug remdesivir under the brand name ‘Bemsivir’ on Thursday.
Begbies Traynor 'well-placed' as distress levels rise
Insolvency specialist Begbies Traynor said it was well-placed to benefit from a spike in distressed companies following the Covid-19 outbreak.
Randall & Quilter appoints Bank of America's Tom Solomon as CFO
Insurance company Randall & Quilter tapped Bank of America veteran Thomas Solomon to take over as chief financial officer on Thursday.
Restore issues no guidance due to Covid-19 uncertainties
Document management firm Restore said on Thursday that it would not be "appropriate" to provide specific guidance for the current financial year due to the uncertainty presented by the outbreak of Covid-19.
Knights Group pulls dividend as part of cost-saving efforts
Legal and professional services firm Knights Group will not recommend a full-year dividend as part of an effort to conserve cash amid the Covid-19 pandemic.
Belvoir Group trades in line despite lockdowns
Property lettings business Belvoir Group said on Thursday that its franchise network had proved resilient throughout Downing Street's coronavirus lockdown.
Jet2 owner Dart Group raises £172m in placing to weather Covid
Dart Group has raised £172m in a placing to help the Jet2 owner weather the Covid-19 pandemic.