Company News
Triple Point secures £20.9m seed portfolio, eyes future acquisitions
Triple Point Social Housing released a trading update on Monday regarding the group's activities since its initial public offering (IPO) in August.
SimiGon awarded 'prime contract' with Federal Aviation Administration
Modelling, simulation and training solutions provider SimiGon announced on Monday that it has been awarded a “prime contract” with the US Federal Aviation Administration, to deliver the ‘SIMbox’ simulation development tools and training in support of the regulator’s advanced unmanned aircraft systems (UAS) research simulator.
Blancco shares dive as CEO tenders resignation, effectively immediately
Blancco Technology Group issued a profit warning on Monday alongside the announcement of its chief executive, Pat Clawson's, departure, effective immediately.
Bioventix share price spikes after trading update
Clinical antibody specialist Bioventix expects revenues and pre-tax profits to be ahead of market projections for the year after its revenue increased by almost a quarter.
Kainos Group announces 'solid performance' ahead of interim report
Digital services and platforms provider, Kainos Group said on Monday its full-year results were expected to be in line with current market expectations.
BNN shares suspended as CFO resigns, alleges misconduct
Content and services group, BNN Technology announced on Monday that its chief financial officer, Scott Kennedy, had tendered his resignation on 1 September after making a number of serious allegations against the company.
Tax Systems posts wider loss for first half
Tax Systems released its interim results for the six months leading up to 30 June on Monday, headlined by a £1. 5m pre-tax loss despite organic revenue growth of 7%.
Charles Taylor to buy US insurance administrator MRM
Charles Taylor subsidiary, Charles Taylor General Agency, has agreed to buy US West Coat insurance claims third party administrator Metro Risk Management for up to $1. 8m.
Michelmersh reports higher turnover after Carlton acquisition
UK-based clay brick manufacturers, Michelmersh Brick Holdings said on Monday turnover in its first half of trading had increased by 6%, with a stronger second half anticipated.
NetScientific's ProAxsis gets CE mark for NEATstik
Transatlantic healthcare intellectual property commercialisation group NetScientific updated the market on progress at its portfolio company ProAxsis on Monday.
Kromek awarded five-year contract for x-ray technology
Radiation detection technology company Kromek announced on Monday that it has been awarded a five-year contract, worth $2. 0m over the period, by an unnamed new OEM customer which it described as a “leading company” in x-ray imaging systems.
Solo Oil upgrades estimates near-threefold at Ntorya project in Tanzania
Aminex, operators of the Ruvuma petroleum sharing agreement in Tanzania, in which fellow AIM company Solo Oil holds a 25% interest, confirmed a large increase in gas estimates within its Ntorya appraisal area.
Victrex says effective tax rate to drop to 12%, EPS benefit seen
Victrex said on Monday that the group's effective tax rate under Patent Box - which enables companies to apply a lower rate of corporation tax to profits earned after 1 April 2013 to its patented inventions - is expected to drop.
Johnson Service sees FY ahead of market views, CEO to step down
Johnson Service said on Monday that it expects its full-year results to be slightly ahead of current market views as it announced the resignation of chief executive officer Chris Sander after 33 years at the company.
Australia aims to boost junior mining sector with investment, tax credits
Australian Prime Minister Malcolm Turnbull has announced a A$100m investment programme alongside the creation of a exploration tax credits scheme for junior minerals miners to cover the next four years.
Angle upbeat on new research from Duesseldorf
Liquid biopsy company Angle announced the publication of research by Heinrich Heine University of Duesseldorf on Monday, which reportedly demonstrated the measurement of key proteins in breast cancer using Parsortix, which may advise therapy decisions in breast cancer treatment.
McBride to buy Danish laundry products supplier Danlind
McBride has agreed to buy Danish auto dishwasher and laundry products supplier Danlind for a £10. 8m consideration and the assumption of around £28m of net debt.
Acacia Mining closes underground mine to preserve cash
Acacia Mining said it expects to return to positive cash generation early in 2018 after it stopped underground mining at one of its three Tanzanian mines amid an ongoing government ban on metal concentrate exports.
Jangada announces cost savings of $470,000, ahead of work schedule
UK based natural resource firm, Jangada Mines said on Monday that in the eight weeks since its initial public offering it had seen significant progress across a number of streams at its Pedra Branca project in northeast Brazil.
Dechra revenue and profit surges as acquisitions are integrated
Veterinary pharmaceutical business Dechra Pharmaceuticals posted a 45. 1% improvement in revenue for its year to 30 June on Monday at £359. 3m, or 28. 3% growth at constant exchange rates.