News And Announcements
Warehouse REIT chases £150m through AIM flotation
The newly incorporated closed-ended investment company, Warehouse REIT announced on Monday it was seeking to raise £150m through a placing and flotation on London's AIM market.
Luca Provolo appointed head of sales at Directa Plus
Graphene--based products producer and supplier Directa Plus announced the appointment of Luca Provolo as its head of sales on Monday, with effect from 4 September.
Verditek subsidiary wins trial contract with Italian ad agency
Clean technology company Verditek announced on Monday that its 51% owned subsidiary Greenflex Energy - an Italian based manufacturing solar photovoltaic technology company - has won an initial trial contract with Media One - one of Italy's largest out of home advertising agencies - to supply and install its proprietary solar PV technology to power digital advertising billboards at outdoor bus shelters in Italy.
ITM Power welcomes launch of government hydrogen programme
Energy storage and clean fuel company ITM Power noted the launch of the UK Government's ‘Hydrogen for Transport Programme’ on Monday.
Gfinity appointed esports partner to Formula 1
International esports group Gfinity announced on Monday that it has been appointed as esports partner for Formula 1, to deliver the Formula 1 ESports Series from September.
Forbidden Tech announces first JavaScript implementation of VidLib
Forbidden Technologies announced the first JavaScript implementation of its core cloud Video Library ‘VidLib’ on Monday, used as part of the Forscene platform.
Shire slumps as it announces departure of CFO Jeff Poulton
Shares in Shire fell on Monday as it said chief financial officer Jeff Poulton will leave the pharmaceuticals group at the end of the year to take up the same role at Boston-based start-up Indigo Ag.
St Modwen and Vinci complete Nine Elms sale
St Modwen Properties has completed the £470m sale of its interest in the 10-acre Nine Elms Square site in London to a subsidiary of Chinese giant Dalian Wanda, which has transferred ownership to an unnamed third party.
Tribal Group wins £25m worth of contracts
International education software and services provider Tribal Group announced on Monday that it had won two contracts with a total value of £25. 3m.
Creo gets FDA clearance for Speedboat RS2 device
Medical device company Creo Medical Group announced on Monday that it has received 510(k) clearance from the US Food and Drug Administration for its Speedboat RS2 device and the CROMA platform.
Avanti agrees launch slot for HYLAS 4 satellite
Avanti Communications announced on Monday that it agreed a launch slot for its HYLAS 4 satellite with Arianespace, beginning 1 March 2018.
ECO Animal Health gets Egypt approval for Aivlosin
ECO Animal Health Group announced on Monday that it has received a marketing authorisation from the Drug Authority of the Ministry of Health of Egypt, for the use of Aivlosin 625 mg/g water soluble granules in chickens laying eggs for human consumption.
SSE appoints Martin Pibworth as wholesale director
SSE has appointed Martin Pibworth as wholesale director and he will join the board on 1 September.
PowerHouse completes first extended gasification trial
Ultra high temperature gasification waste-to-hydrogen and waste-to-energy company PowerHouse Energy Group announced on Monday that, following the re-commissioning operation of the G3-UHt gasification unit as announced at the end of July, it completed its first extended technical trial of the Distributed Modular Gasification process at the Energy Center of Thornton Science Park.
Total to buy Maersk oil and gas division for $7.45bn
Danish shipping company Moller-Maersk has agreed to sell its oil and gas division, Maersk Oil, to Total for $7. 45bn in a combined share and debt transaction.
Mercia Technologies completes £2m follow-on investment in Oxford Genetics
AIM-listed Mercia Technologies has completed a £2m follow-on direct investment into synthetic biology company Oxford Genetics.
BT's EE to challenge Ofcom mobile spectrum auction rules
BT’s mobile arm EE was said to be planning a legal challenge against telecoms regulator Ofcom on Monday, over its planned auction of new mobile spectrum.
Scisys signs strategic contract with German broadcaster
Scisys said on Monday that its subsidiary, Annova Systems, has signed a strategic €0. 8m contract with the German public broadcaster ARD-aktuell for a cross-media planning portal for its national prime news programmes.
TBC Bank post big increase in 1H profits as economy speeds ahead
TBC Bank, the main holding company for Bank of Georgia, reported a sharp increase in profits as business surged on the back of buoyant economic growth.
Sempra Energy to buy Oncor for $9.45n
Sempra Energy has agreed to buy Energy Future, the indirect owner of 80% of Texas utility Oncor, beating off Warren Buffett's Berkshire Hathaway.