Company News
Curtis Banks gets boost from Suffolk Life acquisition
Curtis Banks Group announced on Monday that the number of SSIPs under administration grew to over 75,000 in the first half thanks to a full-period of contributions from its January 2016 acquisition of Suffolk Life Group.
Amryt says AP101 and AP 102 clinical trials running on schedule
Amryt Pharma said revenue growth exceeded management's expectations during the first half of the year amid consistent progress across the company's key commercial and development assets.
Numis beats out JP Morgan as City's stockbroker of choice
JP Morgan Cazenove had lost its long-held standing as London's most popular corporate stockbroker to rival Numis Securities in the latest corporate advisers ranking guide.
Ashtead may see USD50m of storm disaster recovery spending and more - Jefferies
Assessing the impact of Hurricane Harvey on Ashtead Group's US-based Sunbelt is difficult, said Jefferies, but the arm could benefit from a sizeable amount of disaster recovery revenue based on previous disasters.
Sirius Real Estate completes one disposal, two acquisitions
Branded business park operator Sirius Real Estate updated the market on Monday, on the completion of a €7m disposal of a “mature asset”, as well as two property acquisitions for €25. 8m and its entry into the FTSE AllShare and SmallCap indices.
BATM wins government ICT framework deal, first order begins soon
BATM Advanced Communications has won a framework agreement with an agency of a government defence department to provide information communication technology services and solutions that it said would be worth up to $35. 8m over five years.
Ground Rents Income Fund launches asset management plan
Real estate investment trust Ground Rents Income Fund announced on Monday it was considering options for certain ground rents held within its portfolio in light of concerns voiced by the government and its proposals to amend leasehold legislation.
Tuesday preview: RBA call, European PMIs, Halfords reports
Tuesday could be busy in places with Australia's rate decision, a raft of PMI surveys on the services sectors of major European economies, the return of Parliament in London after summer recess, the return of Wall Street after a long weekend, and corporate reports from Halfords, Redrow and FTSE 350-designate 888 Holdings.
Malvern International pens deal with Oxford University Press
Educational services provider Malvern International announced that its wholly-owned UK subsidiary, Malvern House International, had entered into an agreement with Oxford University Press to allow for the use of OUP's content and expertise in relation to developing mobile application games for the learning of English.
Midatech submits clinical trial application for MTD201
International speciality pharmaceutical company Midatech Pharma announced the submission of a clinical trial application for a first in human study of its MTD201 programme in carcinoid cancer and acromegaly.
Faron's 'Traumakine' set for swift progress through FDA process
Clinical stage biopharmaceutical company Faron Pharmaceuticals announced on Monday that the FDA had proposed that the company could proceed directly to Biologics License Application (BLA) submission, pending positive results from the two ongoing Phase III trials with the company's wholly-owned product, ‘Traumakine’, for the treatment of acute respiratory distress syndrome (ARDS).
Plutus PowerGen signs heads of terms with JCB Power Products
Flexible energy generation company Plutus PowerGen has signed a heads of terms with JCB Power Products Broadcrown Limited, it announced on Monday, to design, procure and supply the required generators for the company's UK ‘FlexGen’ projects.
Randall & Quilter reports strong progress in interim results
Randall & Quilter, the non-life insurance services provider, confirmed concrete growth for the first six months of the year.
Destiny floats on AIM to pursue antibiotic resistance challenge
Destiny Pharma received a warm welcome when it became the second biotech to float in the UK this year, joining London's AIM junior market on Monday after raising £15. 3m to develop its products aimed to tackle anti-microbial resistance.
Highland Gold reports drop in half-year profits as costs rise
Highland Gold Mining reported flat revenues for the first half of 2017 despite increased gold output at its three producing mines, Mnogovershinnoye, Novoshirokinskoye and Belaya Gora.
Science Group to acquire Technology Sciences Group
Science Group announced on Monday that it has exchanged contracts to acquire 100% of the equity of Technology Sciences Group, Technology Sciences Europe and associated subsidiaries from Dentons Innovation Group US.
Empyrean announces significant progress at 1-15 Dempsey Well
Empyrean Energy announced that significant gas shows had been drilled at the 1-15 Dempsey well since the company's last update and that it had now earned its 30% interest.
Novartis CEO Jimenez to step down
Swiss pharmaceuticals company Novartis said on Monday that chief executive officer Joseph Jimenez plans to step down next year after eight years in the role.
Icewine testing recommences, says 88 Energy
Energy investment company 88 Energy updated the market on Project Icewine, located onshore North Slope of Alaska, on Monday, confirming that the Icewine#2 well was shut-in on 10 July to allow for imbibition and pressure buildup to occur within the HRZ shale.
C&C picks up 47% stake in pubco Admiral Taverns
C&C Group, producers of Magners cider, announced on Monday that it had reached an agreement, along with US investors Proprium Capital Partners, to acquire Admiral Taverns.