Company News
Director dealings: Reach CFO makes share sale
Publishing company Reach revealed on Friday that chief financial officer Darren Fisher had disposed of 31,638 ordinary shares in the London-listed firm.
Gama Aviation in talks over potential acquisition of TJS
Gama Aviation confirmed on Friday that it is in talks about the possible acquisition of Tyrolean Jet Services (TJS), an Austrian provider of aircraft management and charter services.
EnSilica to raise £0.3m through retail offer
EnSilica announced a retail offer through the Winterflood Retail Access Platform (WRAP) on Friday, to raise up to £0. 3m.
Trident announces first gold pour at Greenstone mine
Trident Royalties announced a significant milestone at Equinox Gold's Greenstone Gold Mine in Ontario, Canada on Friday, with the inaugural gold pour at the mine producing 1,800 ounces of gold.
Wood Group rejects new 220p-a-share offer from Sidara
Wood Group said it had rejected a third unsolicited £1. 52bn takeover proposal from rival Dubai-based engineering and consulting company Sidara, saying it continued to “significantly undervalue” the group and its prospects.
Recurring revenue, adjusted earnings rise for Pulsar Group
Audience intelligence software specialist Pulsar Group said in its final results on Friday that its annualised recurring revenue (ARR) increased £2. 7m, a significant improvement from the flat performance in the prior financial year.
Enteq appoints new head of finance
Energy service engineering and technology company Enteq announced the appointment of Amir Absoud as its head of finance on Friday, to immediately succeed the current chief financial officer, Mark Ritchie.
Viavi offer for Spirent Communications officially lapses
Viavi Solutions confirmed on Friday that its proposed acquisition of Spirent Communications had lapsed.
Frontier IP's Alusid launches another range with Topps Tiles
Frontier IP announced on Friday that its portfolio company Alusid has launched its first range of floor tiles through Parkside Architectural Tiles, the commercial division of Topps Tiles.
Genedrive test ordered by five Manchester area hospitals
Point-of-care pharmacogenetic testing company Genedrive announced on Friday that it has received initial orders for its Genedrive MT-RNR1 products from five additional UK hospitals in the Greater Manchester area.
Pantheon International net asset value broadly stable in April
Pantheon International announced an unaudited net asset value per share of 489. 7p as of 30 April on Friday, reflecting a 0. 3% increase from the prior month.
Sunrise Resources reports progress on sold Crow Springs project
Sunrise Resources updated the market on its royalty interest in the Crow Springs Diatomite Project in Nevada on Friday.
Acciona trims earnings outlook, shares slide
Shares in Spain’s Acciona fell sharply on Friday, after the energy and construction conglomerate’s first-quarter update disappointed.
Tribal agrees £3.1m settlement with Nanyang Technological University
Tribal Group announced a settlement agreement with Nanyang Technological University (NTU) on Friday, following mediation over their terminated contract.
Kinovo FY results seen ahead of prior expectations
Property services group Kinovo said on Friday that it had delivered a "strong performance", with full-year results now anticipated to be ahead of prior expectations.
Ferrexpo inks MoU with Salzgitter Flachstahl
Ukraine-focussed mining company Ferrexpo has signed a memorandum of understanding with Salzgitter Flachstahl for the supply of high-quality direct reduction iron ore pellets for low-carbon steel production.
Coventry Building Society snaps up Co-op Bank in £780m deal
Co-operative Bank Holdings is being taken over by Coventry Building Society in a £780m deal, it was confirmed on Friday, the latest consolidation in the UK banking sector.
Stephen Bird stepping down as Abrdn CEO
Abrdn announced a leadership transition on Friday, with group chief executive officer Stephen Bird stepping down.
Jury rules in favour of GSK in Zantac trial
A court in Illinois has ruled in favour of GSK in the first Zantac case to go to trial, the UK drugs giant confirmed on Friday.
Intertek hails ‘strong’ start to year, underpinned by consumer products arm
Intertek backed its full-year expectations on Thursday as it hailed a strong start to the year, with 7% growth in like-for-like revenue, driven by a recovery in the consumer products segment.