Company News
Director dealings: Victrex CEO ups stake
Victrex revealed on Monday that chief executive officer Jakob Sigurdsson has acquired 3,000 ordinary shares in the London-listed polymer solutions business.
Germany's FTI Group files for insolvency as bookings slump
Europe’s third-largest tour operator FTI Group said it had filed for insolvency in the Munich regional court today, as it suffered from falling bookings.
Frasers appoints former FRC, HMRC CEO Jon Thompson as non-exec
Mike Ashley’s Frasers Group said on Monday that it has appointed Sir Jon Thompson, former chief executive officer of the Financial Reporting Council, as a non-executive director.
Raspberry Pi hoping to raise £157m in London IPO
Low-cost single-board and modular computer maker Raspberry Pi announced on Monday that it is looking to raise around £157m in its stock-market debut in London next week.
GSK shares slump as US judge says experts can testify in Zantac cases
GSK shares were down almost 10% on Monday after a US court ruled that jury trials could hear expert witnesses in 70,000 cases brought by cancer sufferers claiming its Zantac heartburn drug caused their condition.
Blackstone increases Hipgnosis offer
US private equity firm Blackstone has upped its bid for embattled music rights publisher Hipgnosis as it looks to change its takeover offer to a so-called 'scheme of arrangement'.
Chill Brands shares suspended as inside-information probe continues
UK vape maker Chill Brands announced on Monday that its shares have been suspended from trade as it continues to investigate claims around the use of inside information by its suspended CEO.
WH Ireland to sell capital markets business to Zeus for up to £5m
WH Ireland said on Monday that it has agreed to sell its capital markets business to investment bank Zeus Capital for up to £5m.
Hunting's order book at record high after another big win in Kuwait
Engineering group Hunting has won a $86m piping order from state-backed Kuwait Oil Company for next next, driving its sales order book to a record high, and causing shares to surge on Monday.
Baltic Classifieds slumps as Antler sells 40m shares in placing
Baltic Classifieds slumped on Monday after Antler, which is controlled by funds advised by Apax, sold 40m shares in a placing.
Sirius Real Estate ups dividend as profits jump 32%
Profits at business and industrial parks developer Sirius Real Estate surged by nearly a third in the year ended 31 March, helping the company to increase dividends for the tenth straight year.
AstraZeneca's lung cancer treatment recommended for approval in EU
AstraZeneca has announced that its Tagrisso treatment for advanced lung cancer, when combined with chemotherapy, has been recommended for approval by European regulators.
Hollywood Bowl profits jump on record revenues
Hollywood Bowl reported a 10. 5% rise in half-year earnings and lifted its dividend by a fifth on the back of record revenues, driven by strong trading in the UK and Canada.