Company News
Director dealings: Canal+, Optima Health executives acquire shares
Among the director dealing disclosures reported to the London market on Friday were two detailing share acquisitions by senior executives at Canal+ and Optima Health.
Gelion confident after reporting narrower EBITDA loss
Energy storage technology company Gelion reported total income of £2m in its final results on Friday, primarily from research and development tax incentives and grant income, consistent with market expectations.
Genedrive upbeat on publication of clinical performance data
Point-of-care pharmacogenetic testing specialist Genedrive announced on Friday that clinical performance data for its Genedrive CYP2C19-ID Kit had been published in the Journal of Molecular Biology.
Rome Resources receives subscription funds from Stanvic
Democratic Republic of the Congo-focussed tin explorer Rome Resources announced the receipt of subscription funds from Stanvic on Friday, as part of its strategic investment initiative.
Delivery Hero slumps as sale of Taiwan subsidiary to Uber blocked
Delivery Hero tumbled on Friday after the sale of its Taiwan subsidiary to Uber Technologies was blocked.
Two killed in further unrest near Gemfields Mozambique venture
Gemfields updated the market on the unrest in Mozambique on Thursday, reporting two deaths as “illegal” ruby mining groups exploited ongoing political instability.
Operations continuing at Kenmare mine despite Mozambique unrest
Titanium minerals and zircon-focused miner Kenmare Resources has reassured investors that operations at its Moma project in Mozambique are continuing as normal despite civil unrest spreading across the country.
Syncona investment sells cancer study assets to AstraZeneca for $12m
Life science investor Syncona said its investment Achilles Therapeutics has sold cancer study assets to AstraZeneca for $12m (£9. 58m).
SRT Marine Systems commences new Middle East contract
Maritime tech group SRT Marine Systems has said it has kicked off a new maritime domain awareness contract worth $9m over a 10-year period.
Director dealings: Canal+ directors invest, Ascent CEO's company sells out
Two significant director share transactions disclosed to the London market on Tuesday involved Canal+ and Ascent Resources.
Electric Guitar becomes cash shell as subsidiary enters liquidation
Electric Guitar confirmed on Tuesday that 3radical, previously its primary operating subsidiary, had entered creditors’ voluntary liquidation following shareholder and creditor approval on 23 December.
Ithaca Energy shares rise on Jocelyn South drilling results
Ithaca Energy shares were in the green on Tuesday, after it noted that exploration drilling at the Jocelyn South prospect in Block 30/07a of the Central North Sea had confirmed the presence of hydrocarbons.
Logistics Development redeems £10m investment, plans tender offer
Investing company Logistics Development Group announced the redemption of its £10m investment in Nash Squared's loan notes on Tuesday, following the disposal of the NashTech division by the Power of Talent Midco.
Mosman's Colarado asset hit by delays
UK-listed shares of Mosman fell on Tuesday after the oil and gas outfit revealed that drilling had not yet started on a part-owned project in Colarado, US.
Vistry shares tank as investors deliver Xmas no, no, no
Santa won’t be visiting Vistry shareholders this Christmas after the house builder issued its third consecutive profits warning on Tuesday, with the shares taking as a result.
Roadside Real Estate swings to full-year profit
Roadside Real Estate reported a profit after tax of £43. 2m in its final results on Tuesday, a significant swing from the prior year’s £10. 2m loss, largely driven by discontinued operations, including a £41m non-cash gain from the partial sale of Cambridge Sleep Sciences (CSS).
Safestore JV buys Italy’s EasyBox for €175m
Self-storage group Safestore said on Tuesday that it has entered into a 50/50 joint venture with Nuveen Real Estate to acquire Easybox, Italy's second largest self-storage operator by number of stores, for €175m.
Cohort acquisition of EM Solutions pushed back to February
Technology specialist Cohort announced a revised timeline for its acquisition of EM Solutions, a subsidiary of Australia's Electro Optic Systems Holdings, on Tuesday.
Gemfields says operations could be hit by Mozambique unrest
Gemfields said on Tuesday that there could be interruptions to its mining operations in Mozambique due to civil unrest.
Mindflair raises £0.49m through share placing
Next-generation artificial intelligence specialist Mindflair announced on Tuesday that it has raised £0. 49m through a share placing.