News And Announcements
Oman to invest in Berkeley Energia's Salamanca mine
Oman's sovereign wealth fund has agreed to invest up to $120m to fully fund Berkeley Energia's Salamanca uranium mine into production.
Lighthouse agrees new contract with The Social Workers Union
AIM-listed Lighthouse has agreed a new 18-month contract to be the preferred provider of financial advice to members of The Social Workers Union.
Petrofac shifts down dividend but order book offers comfort
Petrofac cut its first half dividend by 42% as part of a new policy from the oil and gas services provider to slim the business as net profits slipped 4% amid ongoing low commodity prices.
First half shapes up nicely for The Gym Group
The Gym Group reported a 76% jump in first-half pre-tax profit on Wednesday as revenue rose amid strong growth in membership.
Co-op enters exclusive takeover talks with Nisa
Nisa Retail has given Co-op Group time to conduct exclusive due diligence as the two sides look to agree a takeover of the member-owned convenience store group.
Starcom appoints new CFO, wins orders from CropX
AIM-listed Starcom announced the appointment of a new chief financial officer on Wednesday and said it has reached an agreement with CropX for the supply of a number of units based on the technology of Kylos Air.
WH Smith expects to hit full year targets as first Italian shops open
WH Smith said results for the year to the end of August should hit target and that it continues to see further opportunities for international growth in via the airport market.
James Fisher interims flat; sees stronger growth in H2
Half year pre-tax profits at marine service provider James Fisher were flat at £17. 6m from £17. 4m with the company indicating stronger growth for the second half of the year.
IP Group subsidiary pleased with arthritis drug progress
Intellectual property-based business IP Group noted on Wednesday morning that Istesso, formerly Modern Biosciences, has announced new data from a cohort of patients dosed as part of a phase 1 study of MBS2320, its investigational drug for the treatment of rheumatoid arthritis.
Dunelm's John Browett steps down for 'personal reasons'
Homewares retailer Dunelm Group announced on Wednesday that John Browett will be stepping down as chief executive for personal reasons, with immediate effect.
Workspace disposes of Zennor Road estate for £30m
Workspace has exchanged contracts for the disposal of Zennor Road Industrial Estate in Balham, London, for £30m.
Hansteen sells Ringwood estate for £7.06m
UK and continental Europe-focussed industrial property investor Hansteen Holdings announced the sale of Carvers Trading Estate in Ringwood, north east of Bournemouth on Wednesday for £7. 06m, reflecting a net initial yield of 4. 93% and a capital value per square foot of £137.
Spectris sells Microscan unit for £123m; funds to cut debt
Instrumentation and controls company Spectris said it was selling its Microscan Systems unit to Omron Corporation for $157m (£123m) in cash.
Diploma sees weak pound boosting full year revenues
International technical products group Diploma said it had traded well in the second half and was on track to post full year results in line with expectations with the weak pound lifting revenues.