Company News
Director dealings: Rentokil CEO offloads shares to fund property purchase
Rentokil Initial said on Friday that chief executive Andy Ransom had disposed of 1. 025m ordinary shares in the FTSE 100-listed business services group.
Network International shares surge on rival 400p proposal from Brookfield
Shares in payments firm Network International surged on Friday after it confirmed it had received a “highly preliminary” rival 400p a share cash offer from Canada's Brookfield Asset Management.
SSE appoints Barry O'Regan as new CFO
SSE said on Friday that it was appointing Barry O'Regan as chief financial officer and as an executive director with effect from 1 December.
Crisis deepens at CBI after second rape allegation
Two insurers announced on Friday that they were quitting the Confederation of British as the crisis engulfing the business lobby group deepened after a second rape allegation.
AJ Bell appoints Fiona Clutterbuck as non-exec chair
AJ Bell said on Friday that it has appointed Fiona Clutterbuck as non-executive chair with effect from 1 May.
Postal workers to be balloted as Royal Mail reaches deal with CWU
A longstanding scuffle between Royal Mail and the Communications Workers Union (CWU) looked set to be coming to an end on Friday, with International Distributions Services announcing that it had reached an agreement with the CWU’s Postal Executive Committee.
Triple Point Social Housing lessee hit with enforcement notice
Triple Point Social Housing updated the market in response to an enforcement notice issued by the Regulator of Social Housing on Friday, to one of its registered providers, Auckland Home Solutions.
UK Oil & Gas finds oil shows at Pinarova-1
UK Oil & Gas announced on Friday that its Pinarova-1 well had encountered oil shows within the target Eocene Hoya limestone sequence.
Unikmind announces 'increased and final offer' for Kape
Unikmind announced an increased and final offer for Kape Technologies on Friday, offering $3. 60 per share for the entire issued and to-be-issued share capital of the ExpressVPN owner that it does not already hold.
Kelso lifts stake in THG, highlights value of nutrition business
Activist investor Kelso Group said on Friday that it has upped its stake in e-commerce retailer THG to 8m shares, as it argued that the company’s nutrition business - MyProtein - is one of the key drivers of the investment.
Jonathan Stearns appointed as ix Net Zero finance chief
ix Net Zero announced the appointment of Jonathan Carpenter Stearns as its new chief financial officer on Friday, effective immediately.
Thruvision FY losses narrow thanks to revenue growth
Security technology firm Thruvision said on Friday that underlying losses looked set to have narrowed in its recently wrapped up trading year thanks to an improved annual revenue performance.
Pathfinder revises deal to offload IM Minerals
Minerals explorer Pathfinder has signed a revised sale and purchase agreement for the disposal of IM Minerals (IMM), it announced on Friday.
Angle losses widen in 'breakthrough year'
Liquid biopsy specialist Angle described a “breakthrough year” in its 2022 results on Friday, with both FDA clearance and positive results from the ovarian cancer study being achieved.
Buoyant service sector helps boost Eurozone economy
The Eurozone economy strengthened in April, a closely-watched survey showed on Friday, bolstered by a resurgent service sector.
Scotgold announces fundraise as stoping transition progresses
Commercial gold producer Scotgold Resources announced on Friday that the transition to the long hole stoping mining method at its Cononish mine was progressing well, and was in line with its mine plan.
UK retail sales fall in March, missing forecasts
Retail sales fell by more than expected in March, official data showed on Friday, after the wet weather kept shoppers at home.
FirstGroup mulling potential Arriva bid - report
FirstGroup is mulling a bid for parts of Deutsche Bahn’s international transport business Arriva, it was reported on Friday.
French PE firm Cap10 to buy Sureserve in £214m deal
Social housing energy services provider Sureserve has agreed to be bought by French private equity firm Cap10 in a £214. 1m deal.
Glencore leaves forecasts unchanged despite production dip
Glencore said on Friday it remained on track to exceed earnings forecasts, despite a dip in first-quarter production, thanks to strong trading profits.