Company News
Director dealings: Rio Tinto non-exec, Aterian director make purchases
Rio Tinto was on the list of director purchases on Friday, after it disclosed an investment made by an independent non-executive director.
Southern Energy swings to net loss as energy prices retreat
Mississippi-focussed natural gas and light oil producer Southern Energy reported adjusted funds flow from operations of $0. 2m in its second quarter update on Friday.
Agriterra inks trade finance deal with major shareholder
African agricultural specialist Agriterra announced a trade finance deal with Magister Investments on Friday, which holds a 50. 58% stake in the company.
Loungers appoints hospitality veteran to head Cosy Club brand
Cafe, bar and restaurant operator Loungers announced the appointment of Lucy Knowles as the new managing director of its Cosy Club brand on Friday.
Barbenheimer double-feature lifts Everyman in July
Everyman Media Group said in an update on Friday that trading in the first-half was consistent with prior forecasts.
Plant Health Care gets fungicide approval in Brazil
Agricultural biological developer Plant Health Care announced on Friday that its biochemical fungicide PHC279, tailored for controlling sugar cane and coffee diseases, had obtained federal clearance in Brazil - the world's largest sugarcane and coffee producer.
Alien Metals cancels second tranche of short-term funding
Minerals explorer and developer Alien Metals announced on Friday that, having raised £2m through a placing, it had informed its lender Bennelong that it would not be drawing on the second tranche of funding.
Impact Healthcare secures £50m interest rate cap
Impact Healthcare REIT announced the acquisition of a new £50m interest rate cap on Friday, set against the Sterling Overnight Index Average (SONIA) at a rate of 4. 0%.
Great Portland Estates buys West End freeholds for £70m
Great Portland Estates announced the purchase of King Sloane Properties on Friday, which itself owns the freehold of multiple addresses including 16/19 Soho Square, 29/43 Oxford Street, and 7 Falconberg Mews, W1.
Chinese property giant Evergrande files for bankruptcy
Evergrande, the heavily indebted Chinese property group and once the country's second developer, on Thursday filed for chapter 15 bankruptcy in New York – indicating the ongoing real estate crisis in China is far from over.