News And Announcements
'Secret Millionaire' Mo Chaudry's Waterworld Leisure Group acquires Midlands asset
Mo Chaudry confirmed on Friday that Waterworld Leisure Group, his privately owned leisure company, had acquired Birmingham based business, Adventure Island Mini Golf in an attempt to expand the leisure brand and its operations.
Strike threat looms over FirstGroup's new South Western franchise
Less than two weeks into its stewardship of the South West franchise, the FirstGroup-MTR consortium is facing the threat of strike action over the role of guards on its trains.
Vertu Motors trading in line as is counts property disposal cash
Automotive retailer Vertu Motors updated the market on its trading on Friday, before entering a close period.
Revenue and profits near flat at EMIS Group
Connected healthcare software and services company Esaw revenue rise 1% year-on-year in its first half to £79. 2m, it reported on Friday, with recurring revenue improving 4% to £66. 8m.
Revenues and earnings skyrocket at Everyman Media
Everyman Media reported a 55% surge in first-half revenue to £18. 8m on Friday, with adjusted EBITDA rocketing 123% to £3m.
New Look CEO Anders Kristiansen steps down
Anders Kristiansen has stepped down as chief executive officer of fashion retailer New Look after nearly five years in the role.
Allegations at G4S' Brook House brings up memories of violent deportations
Nine G4S staff members were suspended from its immigration removal centre outside Gatwick Airport after BBC's Panorama said an undercover investigation had collected covert footage at the Brook House facility of officers "mocking, abusing and assaulting" detainees.
CEPS share of Hickton diluted
CEPS confirmed a dilution in its majority shareholding of Hickton Holdings on Friday, as a result of Hickton’s acquisition of BRCS Building Control.
Indivior warns of 'material' revenue risk after US court ruling on Suboxone
Indivior intends to launch an appeal over a US court ruling that could allow the marketing of a rival, generic version of its Suboxone film to treat opioid addiction.
Fiske swings to very modest profit
Stockbroking and investment management firm Fiske reported a return to profit for the year to 31 May on Friday, with its pre-tax profit reaching £31k, compared to a loss for the prior year of £1. 32m.
Micro Focus completes merger, returns cash, Hsu begins new era
Micro Focus completed its merger with HPE Software on Friday and confirmed its new chief executive as it returned a whopping £386m cash to shareholders.
Haydale signs new three-year deal with Tateho
Global advanced materials group Haydale Graphene announced on Friday that its wholly-owned US subsidiary, Haydale Technologies, has signed a new three-year contract with Tateho Chemical Industries with contracted revenues of $4. 58m to the group over the contract term.
Petro Matad swings to loss in first half
AIM-listed Mongolian oil explorer Petro Matad said on Friday that it swung to a loss in the six months to the end of June.
Eg solutions signs five-year contract worth at least £8m
Back-office workforce optimisation company eg solutions has entered into a master supplier agreement with "a leading provider of business process management" in the UK worth at least £8m.
Syncona's NightstaRx registers for US IPO
Healthcare and life sciences investment company Syncona noted progress at its portfolio company NightstaRx on Friday, confirming it had filed a registration statement with the US Securities and Exchange Commission for a proposed initial public offering of its American depositary shares, representing ordinary shares, in the US.
Totally wins contract with Care UK
AIM-listed Totally, which provides out-of-hospital services to the healthcare sector, has been awarded a contract with a value of £403,848 with Care UK.
RBC Capital sees 'buying opportunity' for Indivior after court ruling
Analysts at RBC Capital Markets said there could be a buying opportunity for Indivior shares after the drug company warned that a US court ruling over could lead to "material" loss of market share for a product that generated four-fifths of its revenues last year.
Stadium Group buys PowerPax for £2.8m
AIM-listed Stadium Group, a supplier of design-led technologies, has acquired the business and assets of PowerPax UK for a total cash consideration of £2. 8m, in a deal that is expected to be earnings-accretive in the first full year of ownership.
Ramsdens sees interim and FY profit significantly ahead of market views
AIM-listed diversified financial services provider and retailer Ramsdens said on Friday that its interim and full-year pre-tax profit are expected to be significantly ahead of market expectations.
Rathbones walks away from Smith & Williamson deal talks
Rathbone Brothers has terminated discussions to acquire wealth management rival Smith & Williamson, the FTSE 250 announced overnight.