News And Announcements
Smartphones rule the roost while gamers keep the PC market afloat
Smartphones reclaimed the throne of technical consumer goods as record global demand created 700m sales of new handsets in the six months leading up to 30 June, despite an increase in the average selling price.
Jaywing acquires social media group HeadOffice
AIM-listed Jaywing has acquired social publishing native marketing and audience first creative agency HeadOffice for an undisclosed sum.
OPG power generation up in first quarter
Developer and operator of power generation plants in India, OPG Power Ventures, updated the market on its trading for the three months to 30 June on Wednesday, reporting total first quarter generation of 1. 25 billion units - a 27% improvement over the fourth quarter of the 2017 financial year.
Vedanta Resources appoints Kuldip Kaura as interim CEO
Vedanta Resources has appointed Kuldip Kaura as interim chief executive officer with effect from 1 September.
Amphion confirms sale of 1.7m Motif Bio shares
Medical, life sciences and technology business developer Amphion Innovations announced on Wednesday that 1. 7 million shares in its partner company Motif Bio had been sold in partial repayment of the loan facility originally announced on 5 June 2014.
Strategic Minerals subsidiary begins 2017 WA drill programme
Minerals production and development company Strategic Minerals announced on Wednesday that Central Australian Rare Earths, its wholly-owned subsidiary, has mobilised resources and started the first phase of the 2017 Hanns Camp drilling programme.
Vast Resources subsidiary granted Baita Plai mining rights
Mining company Vast Resources announced on Wednesday that its subsidiary African Consolidated Resources has been selected by Baita SA - the holder of the head-licence at the Baita Plai Polymetallic Mine in Romania - to be granted the right to mine polymetallic ore from Baita Plai under mining licence 999/1999.
Zegona announces £140m share buyback
Zegona Communications confirmed on Wednesday it would be returning as much as £140m to shareholders in the form of a tender offer at a minimum price of £2 per share.
Robin Williams confirmed as new FIH chairman
International ‘essential services’ business FIH Group announced the appointment of Robin Williams as its non-executive chairman on Wednesday, with effect from 11 September.
Paragon revenue rises as it completes more projects
Attractions design, production and fit-out business Paragon Entertainment posted its unaudited interim results for the six months to 30 June on Wednesday, reporting a 45% year-on-year uplift in revenue to £8m.
Aston Martin announces £500m UK trade deal with Japan
Iconic British car maker Aston Martin announced a £500m trade and investment deal between the UK and Japan on Wednesday.
Watkin Jones forward-sells Belfast development
Developer and constructor of multi-occupancy property assets, Watkin Jones, announced on Wednesday that it has forward-sold a development of 354 beds on Little Patrick Street in Belfast, and completed a development agreement to deliver 972 beds on the Hollis Croft scheme in Sheffield to the same institutional investor.
Darryl Norton appointed COO of Goldstone Resources
Goldstone Resources announced on Wednesday that it had appointed Darryl Norton as its chief operating officer - a non-board position - with immediate effect.
Electronics dealer CeX suffers major security breach
Second-hand electronics and video games dealer CeX has suffered a serious security breach, with the data of up to two million customers being stolen from its online store.
Foreign investment boosts F&C ComProp's first half earnings
Investment firm F&C Commercial Property Trust announced on Wednesday that despite challenges present in the immediate wake of the Brexit referendum in June 2016, it managed to deliver positive total returns.
Bio-med division pushes revenue higher for BATM
BATM Advanced Communications said on Wednesday that its interim pre-tax losses had increased despite a bump in revenue over the first half of the year.
HSS Hire tanks as it warns on revenue, interim losses grow
Shares in HSS Hire tanked on Wednesday after the tool and equipment hire company warned that year-on-year revenue growth in the current quarter will see a "materially lower" level of improvement than expected at the start of the first half.
Ofgem challenges National Grid's Hinkley Point costs
Ofgem said on Wednesday that it is challenging National Grid's £840m proposed costs to upgrade the high-voltage grid needed to connect to the new Hinkley Point C nuclear power station.
Grainger director Nick Jopling to step down
Executive director Nick Jopling will step down from the board of residential landlord Grainger at the end of next month and will leave the group at the end of the year.
Aura brings projected costs down at Tiris Uranium Project
Aura Energy announced on Wednesday that, following ongoing metallurgical optimisation and modelling, particularly around the leach reagent recycle and consumption, the operating cost for the Tiris Uranium Project had been reduced by an estimated 35%.