News And Announcements
Truphone looking to clear debt after £255m fundraise
British telecommunications startup Truphone is planning to wipe out its debt and expand its offer, after a £255m fundraise involving a group of investors - including Chelsea owner Roman Abramovich.
EPA deals five-month delay to Tristel
Infection prevention, contamination control and hygiene products manufacturer Tristel announced a change to the expected approval date from the United States Environmental Protection Agency (EPA) for its foam-based chlorine dioxide product ‘Duo’ on Tuesday.
Ergomed completes PSR Group acquisition following placing
Ergomed confirmed the successful completion of its acquisition of PSR Group on Tuesday, following the admission to trading on AIM of 2,081,339 new ordinary shares as of 0800 BST on Monday.
AB Dynamics hints at bumper full-year profit
Advanced testing systems designer, manufacturer and supplier AB Dynamics updated the market on its trading on Tuesday, ahead of its final results for the 12 months to 31 August.
Oxford BioDynamics granted another patent for EpiSwitch
Biotechnology company Oxford BioDynamics announced the grant of a “key patent” in the United States by the US Patent and Trademark Office on Tuesday, covering its ‘EpiSwitch’ novel technology platform.
Watkin Jones makes two forward sales in Aberdeen and Bournemouth
Multi-occupancy property developer Watkin Jones announced on Tuesday that it has exchanged contracts to forward-sell a 618 student bed development in Pittodrie, Aberdeen to an unnamed institutional investor.
Colman's Mustard Norwich factory under threat after Britvic announces closure
Unilever confirmed on Tuesday that it was reviewing its production of Colman's Mustard at a manufacturing site in Norwich shared by Britvic, which announced earlier that it was closing its drinks business there.
SkinBioTherapeutics celebrates SkinBiotix cytotoxicity test results
Life science company SkinBioTherapeutics has passed third party cellular toxicity tests for its ‘SkinBiotix’ technology, it announced on Tuesday, which the board said confirmed previous in-house observations on its safety and applicability.
RedT sells energy storage system to Australian university
Energy storage technology company RedT Energy announced the sale of a 300kW 1MWh hybrid energy storage system for Monash University in Melbourne, Australia on Tuesday.
Hornby appoints Lyndon Charles Davies as CEO as Cooke steps down
AIM-listed model train set maker Hornby has appointed Lyndon Charles Davies as its new chief executive officer replacing Steve Cooke, who will step down with immediate effect.
UK construction activity drops off and costs rise in September
UK construction activity declined for first time in 13 months in September, according to a closely followed survey of the industry that indicated "fragile" client confidence and a lack of new infrastructure projects was hitting new business volumes.
Inspiration's NeuroproteXeon secures big deal with Mallinckrodt
Medical device company Inspiration Healthcare Group announced on Tuesday that NeuroproteXeon, in which it has an 8. 1% fully diluted shareholding, has secured a licence agreement with Mallinckrodt for the development and commercialisation of NeuroproteXeon's investigational, pharmaceutical-grade xenon gas for inhalation therapy.
Deltex signs on 'significant' new hospital account
Oesophageal doppler monitoring firm Deltex Medical Group announced the addition of a “significant” new hospital account in the US on Tuesday.
Electrocomponents fizzes in first half, second likely to be tougher
Electrocomponents expects a 42% increase in profits for the first half after enjoying an acceleration in revenue growth and market share in the second quarter and achieving a "modest increase" in gross margin.
Great Portland Estates makes solid leasing and development progress
Great Portland Estates announced a “busy quarter” of leasing activity on Tuesday, with 28 new leases, rent reviews and renewals completed securing £10. 2m of annual rent, along with “good progress” on delivering its three committed development schemes.
Ryanair traffic up 10% in September despite cancellations
Beleaguered budget airline Ryanair posted a 10% jump in traffic for September on Tuesday as the load factor rose.
Ferguson plumbs cash pile for share buyback as US profits mount
Ferguson, the plumbing and heating group formerly known as Wolseley, has proposed a 10% dividend increase and announced a £500m share buyback, after a year of strong profits growth.
Wizz Air passenger numbers up 26% in September
Central and Eastern Europe-focused low-cost carrier Wizz Air reported a 26% jump in passenger numbers in September, as the load factor ticked higher.
Greggs serves up solid growth as menu focus continues
Bakery chain Greggs reported solid third quarter growth on Tuesday, claiming total sales were up 8. 6% in the 13 weeks to 30 September, compared to 5. 6% growth at the same time last year, while like-for-like sales in company-managed shops improved 5. 0%, up from 2. 8%.
Britvic to close Norwich plant, 242 employees affected
Britvic said on Tuesday that it plans to close its plant in Norwich and transfer production of Robinsons and Fruit Shoot to its manufacturing sites in East London, Leeds and Rugby, in a move that will affect 242 employees.