News And Announcements
Phoenix making good progress at Empire Copper Mine
US-focussed copper explorer and developer Phoenix Global Mining updated the market on its activities at the Empire Copper Mine in Idaho on Tuesday, confirming the 28 drill hole drilling programme was now complete at the AP Pit oxide resource.
Premier Technical Services gobbles up UK Sprinklers
Niche specialist services provider Premier Technical Services Group announced on Tuesday that it has extended its fire safety solutions business to encompass the installation and maintenance of sprinkler systems through the acquisition of UK Sprinklers.
Iofina confirms plans to replace IO3 plant
Iodine and halogen-based speciality chemical derivatives explorer and producer Iofina updated the market on the replacement of its IO#3 plant at a “superior” production site on Tuesday.
Touchstone pours another £8m into Ieso Digital Health
Touchstone Innovations announced on Tuesday that it has co-led an £18m funding round in Ieso Digital Health, which it described as the UK's “leading provider” of online cognitive behavioural therapy for the treatment of people suffering from community-based mental health care conditions, predominantly depression and anxiety.
Oxford Instruments trading in line but revenue, profit down at constant currency
Oxford Instruments said on Tuesday that trading in the first five months of the year has been in line, supported by favourable currency movements.
Van Elle reports 'encouraging' first quarter trading
Geotechnical engineering contractor Van Elle updated the market on its trading ahead of its annual general meeting on Tuesday, confirming that trading in the first quarter was “encouraging”.
Columbus making progress at Goudron Field
Onshore Trinidad-focussed oil and gas producer and explorer Columbus confirmed on Tuesday that the Certificate of Environmental Clearance for the Water Injection Pilot "A" Programme in the Goudron Field had been issued by the Environmental Management Authority of Trinidad.
SuperGroup founders set up incentive scheme to share the wealth
The founders of SuperGroup have launched a long-term incentive scheme to share their wealth with all 4,500 of their employees.
Government set to refer Fox's Sky takeover to CMA over broadcasting standards
Culture Secretary Karen Bradley has told Parliament she is minded to refer 21st Century Fox's proposed takeover of Sky to the competition regulator on grounds of both broadcasting standards and media plurality.
Acquisitions boost growth at Flowtech Fluidpower
Flowtech Fluidpower reported 'good' organic and acquisitive growth across its divisions in its half-year report on Tuesday, with revenue rising 24. 8% year-on-year to £34. 17m.
Sound Energy completes takeover of OGIF Eastern Morocco interests
Africa and Europe-focussed upstream gas company Sound Energy announced the completion of its previously-announced acquisition of the interests of Oil & Gas Investment Fund in Eastern Morocco, after receiving final approvals in relation to the Anoual and Tendrara licence areas.
Shire gets US FDA fast track designation for lung disease drug
Shire has received fast track designation from the US Food and Drug Administration for a drug for the prevention of chronic lung disease in extremely premature infants.
Harvey Nash buying Crimson in deal worth up to £15m
Technology recruitment and outsourcing group Harvey Nash announced the acquisition of Crimson on Tuesday in a deal worth up to £15m.
Premium domain strategy a winner for Minds + Machines
Internet top-level domain operator Minds + Machines Group updated the market on its China operations on Tuesday, confirming that since the release of its 2017 “premium” inventory for the country in late June, it had achieved premium sales of more than $3. 4m.
Empresaria elevates Spencer Wreford to COO seat
International specialist staffing group Empresaria announced on Tuesday that Spencer Wreford was taking on the role of chief operating officer, with immediate effect.
Hilton Food interim profit jumps, dividend lifted
AIM-listed meat packing business Hilton Food reported a jump in first-half pre-tax profit on Tuesday as revenue rose and the company made good strategic progress with its existing customers in Portugal, Central Europe and Australia.
Goals Soccer Centre takes a hit as profit drops, H2 growth seen slowing
Shares in five-a-side football pitch operator Goals Soccer Centres fell sharply after the company posted a drop in interim pre-tax profit and warned that like-for-like sales in the second half would grow more slowly than originally expected.
Brave Bison nabs LADbible's Jonathan Kitchen
Independent digital media and social video broadcaster Brave Bison announced the non-board appointment of Jonathan Kitchen as its commercial director with immediate effect on Tuesday.
Premier Oil agrees $200m sale of Wytch Farm stake to Verus
Premier Oil has agreed to sell its entire 33. 8% stake in the Wytch Farm oilfield to Verus Petroleum SNS for a cash consideration of $200m.
Housebuilders under pressure as placings suggest market top, but Jefferies disagrees
Housebuilders were under the cosh on Tuesday, weighed down by a series of share placings in the sector, a downbeat note from Bank of America Merrill Lynch and a report suggesting that smaller housebuilders are having difficulty accessing finance.