Company News
Thor posts strong first half, lowers full-year production guidance
Gold explorers and miner Thor Explorations reported a solid first-half performance on Friday, although it lowered its full-year production guidance.
Director dealings: Bluejay Mining non executive director ups stake
Bluejay Mining revealed on Friday that non-executive director Roderick McIllree had acquired 7. 5m ordinary shares in the AIM-listed exploration and development company.
Trinity delays publication of scheme document for its takeover
Trinity Exploration & Production announced a delay in the publication of the scheme document related to its recommended cash acquisition by Lease Operators on Friday.
Ofwat confirms Thames Water actions after firm's credit downgrade
Water regulator Ofwat confirmed the immediate implementation of new measures on Friday, to address Thames Water's recent loss of its investment-grade credit ratings.
Petrofac gets extension on senior note forbearance agreement
Energy services company Petrofac announced an extension of its existing forbearance agreement for the non-payment of interest on its senior secured notes on Friday.
Celadon confident in seeing through funding challenges
Cannabis-based medicines specialist Celadon Pharmaceuticals updated the market on its financial position on Friday, amid ongoing challenges related to delays in expected funding.
Revenue falls, profit improves for Anglo-Eastern Plantations
Anglo-Eastern Plantations, a producer of palm oil and rubber with operations in Indonesia and Malaysia, reported first-half revenue of $166. 7m in its interim results on Friday, down 4% from $173. 4m in the same period last year.
Sound Energy inks bridge finance deal ahead of SEME sale completion
Sound Energy has entered into a bridge financing facility agreement for up to £1. 5m, it announced on Friday.
Dillistone Group warns of 'challenging' market environment, raises £300k
Recruitment software supplier Dillistone Group warned on Friday that the market remained challenging and, if anything, had softened further in the second quarter and into Q3.
Nestle announces CEO departure, shares slump
Nestle slumped on Friday as it announced the departure of chief executive Mark Schneider, who will be replaced by Laurent Freixe.
Evoke expands Romanian operation with Winner.ro acquisition
William Hill owner Evoke announced the acquisition of New Gambling Solutions (NGS on Friday, which operates Winner. ro, Romania’s seventh-largest online betting and gaming platform.
Direct Line finds miscalculation in 2023 Solvency Capital Ratio
Direct Line Insurance Group announced a correction to its previously-reported Solvency Capital Ratio (SCR) for the year ending 2023 on Friday, after it identified a miscalculation.
Hiscox appoints interim chair after Bloomer dies in Bayesian sinking
Hiscox said on Friday that it had appointed senior independent director Colin Keogh as interim chair following the death of Jonathan Bloomer earlier in the week.