Company News
Director dealings: CLS deputy chair linked to investment, Safestore CEO buys shares
CLS Holdings was on the list of director buys on Friday, after an entity linked to its deputy chairman picked up one million shares.
88 Energy progresses Hickory-1 flow testing programme
88 Energy updated the market on its Hickory-1 flow testing programme and post-well analysis on Friday, reporting that it was planning to conduct flow tests on multiple zones within the Hickory-1 well, with all zones expected to yield positive results based on reservoir characteristics.
Phoenix Copper extends $2m loan facility
United States-focussed base and precious metals explorer and producer Phoenix Copper updated the market on the short-term $2m loan facility on Friday, which was first announced on 24 March.
Reabold completes further investment in LNEnergy
Oil and gas investor Reabold Resources announced on Friday that, further to its announcement on 12 June, it has completed a further investment in LNEnergy .
Unbound responds to press speculation over possible restructure
Unbound Group responded to recent press speculation on Friday, over the possible implementation of a restructuring plan.
Atlantic Lithium makes two board appointments
Africa-focussed explorer and developer Atlantic Lithium announced the appointment of chief executive officer Keith Muller and Patrick Brindle to its board.
Mineral & Financial agrees extension for Lagoa Salgada study
Mineral & Financial Investments announced an extension to the final delivery date of the feasibility study for the Lagoa Salgada project on Friday.
Filtronic set to end year in line with market expectations
Aerospace, defence, telecoms and communications products designer and manufacturer Filtronic reported revenue and adjusted EBITDA figures in line with market expectations in a trading update on Friday.
Pelatro describes solid recent trading
Customer engagement and software specialist Pelatro said in an update on Friday that it has secured several new contracts with large customers recently, further bolstering its recurring revenue base.
Dekel modifies terms of existing loan agreement
West Africa-focussed agriculture company Dekel Agri-Vision announced a modification to its existing loan facility on Friday, in agreement with AgDevCo, a prominent impact investor in the African agriculture sector.
Carlsberg agrees to sell Russian arm
Carlsberg Group has struck a deal to sell its Russian business, it was confirmed on Friday, over a year since it first announced plans to quit the country.
Siemens Energy scraps profit guidance on wind turbine woes
Siemens Energy withdrew its profit forecast on Friday, after warning it may need to spend more than €1bn to fix technical problems at its wind turbine business.
Shares tumble as Audioboom warns on earnings
Shares in Audioboom Group plunged on Friday, after the podcast specialist warned on profits, despite the genre’s enduring popularity.
UK private sector growth falters in June
The rate of growth in the UK's private sector slowed in June, a closely-watched survey showed on Friday.
Europe open: Stocks on the defensive after weak PMIs, euro awalloped
Stocks on the Continent were trading on the back foot following the release of much weaker than expected readings for euro area factory and services activity.
Shares melt as Hotel Chocolat warns on profits
Shares in Hotel Chocolat Group fell sharply on Friday, after the confectionary chain warned on profits for the second time in two months.
Boohoo proposes Rachel Horsefield for Revolution board
Online fashion retailer Boohoo, which holds a significant stake of approximately 26. 6% in Revolution Beauty Group, updated the market on its proposed board appointments to Revolution on Friday.
GSK reaches settlement in Goetz Zantac lawsuit
GSK updated the market on the litigation regarding the now-discontinued heartburn drug ranitidine, or ‘Zantac’, on Friday.