Company News
Director dealings: CLS deputy chair linked to purchase, Paragon CEO covers tax bill
CLS Holdings was on the list of director buys on Wednesday, after its deputy chairman was linked to a purchase worth more than £2. 5m.
Ithaca sees lower production in 2024 due to UK govt windfall levy
Ithaca Energy said it expected lower production levels next year in response to the UK government's windfall tax, despite reporting a strong rise in first half profits as higher production and falling costs offset lower oil and gas prices.
Synergia progressing workover of Cambay well
Synergia Energy updated the market on the workover of the Cambay C-77H well on Wednesday, having embarked on a process to remove the bridge plug, which had been in place since 2014 to isolate the original four perforated and fracked zones.
BiVictriX secures US patent for flagship therapeutic asset
Cancer treatment developer BiVictriX Therapeutics has secured a significant patent from the United States Patent and Trademark Office (USPTO), it announced on Wednesday, for its flagship therapeutic asset, BVX001.
Bradda Head announces positive results from latest drilling
North American lithium developer Bradda Head announced assay results from the Basin East Extension (BEE) 2023 drilling programme on Wednesday.
Alien Metals chooses Regroup as primary contractor for Hancock
Minerals explorer and developer Alien Metals announced on Wednesday that its subsidiary, Iron Ore Company of Australia (IOCA), has chosen Regroup Australia as its primary contractor.
Thursday preview: Jackson Hole kicks off; Harbour Energy, CRH report
All eyes will be on the start of the Jackson Hole symposium in Wyoming on Thursday, while half-year results are due from CRH, Harbour Energy and Hunting.
Pebble Beach revenue rises despite weaker order intake
Broadcasting and streaming software and technology specialist Pebble Beach Systems reported a first-half revenue boost of 9% on Wednesday, bringing the figure up to £5. 5m.
Orcadian Energy extends due date for STASCO loan repayment
Orcadian Energy announced on Wednesday that its subsidiary Orcadian Energy CNS has finalised an agreement with Shell International Trading and Shipping Company (STASCO), to amend the repayment date of its loan.
Tracsis describes robust full-year growth
Transport technology specialist Tracsis reported robust growth, as well as a strong financial position, in a full-year trading update on Wednesday.
Jadestone working to rectify Montara defects
Asia-Pacific oil and gas producer Jadestone Energy updated the market on the Montara Venture floating production, storage and offloading (FPSO) vessel, offshore Australia, on Wednesday.
CMA revises provisional findings in Hitachi's rail signalling takeover
The Competition and Markets Authority (CMA) issued a revised assessment over Hitachi’s planned €1. 7bn rail signalling acquisition on Wednesday, of the Ground Transportation (GTS) segment of Thales.
UK's Ofgem fines Morgan Stanley £5.4m for WhatsApp breaches
UK energy regulator Ofgem has fined the US bank Morgan Stanley more than £5. 4m after its energy traders used WhatsApp to talk about transactions.
Angling Direct upbeat on first-half sales growth
Fishing tackle and equipment retailer Angling Direct reported an 11. 4% improvement in first-half revenue on Wednesday, to £43. 3m.
Wynnstay appoints Rob Thomas as finance director
Agricultural and specialist merchanting group Wynnstay said on Wednesday that it has appointed Rob Thomas as its new finance director.
GSK reports positive results from shingles vaccine trials in China
GSK reported significant positive findings from its first efficacy trial of the ‘Shingrix’ shingles vaccine in China on Wednesday.
Costain hints at dividend after solid first half
UK construction and engineering company Costain said it is considering bringing back its dividend payments after a strong first-half performance in which is strengthened its balance sheet and refinanced debt.
Reckitt Benckiser CFO Carr to retire
Reckitt Benckiser said on Wednesday that chief financial officer and executive director Jeff Carr plans to retire at the end of March next year.
Cohort wins £17.5m defence tech contract
AIM-listed tech group Cohort has announced a contract win for a major defence programme worth £17. 5m.