News And Announcements
Royal Mail workers to strike on 19-20 October
Royal Mail workers will go on a two-day strike later this month due to a dispute over pensions and pay, unions said on Thursday.
Thomas Cook pilots abandon strike action
Pilots working for Thomas Cook reached an agreement with the travel group to call off eight days of strike action planned throughout October.
Wood Group and Amec Foster W gain court approval for merger
The merger of John Wood Group and Amec Foster Wheeler was given final approval on Thursday as the High Court sanctioned the scheme of arrangement to enable the combination of the two oil engineers.
Spectra strikes 5-year K-cup deal with LMI Packaging
Authentication technology specialist Spectra Systems announced a five-year agreement with LMI Packaging Solutions of Pleasant Prairie, Wisconsin on Thursday, to incorporate Spectra Systems authentication technology into LMI-produced coffee K-cup lids.
Accrol board warns of tough conditions, trading suspended
Independent tissue converter Accrol Group Holdings updated the market on its current trading for the financial year to 30 April 2018 on Thursday, reporting that it was currently experiencing “more challenging” trading conditions, which were having a significant effect on its trading performance.
Angle acquiring 'certain assets' of Axela in £3.7m deal
Liquid biopsy company Angle announced the conditional acquisition of certain assets of Axela on Thursday, for a total consideration of CAD 6. 15m (£3. 7m), together with a conditional placing and subscriptions to raise £12. 2m at 35p per new ordinary share.
Mountfield wins £1m Surrey works contract
Mountfield Group announced on Thursday that Designer M&E Services UK has awarded its subsidiary, Mountfield Building Group, a contract to the value of £1. 02m to provide architectural and building works on a 'turn-key' type basis to a four-storey office fit out as part of a large engineering project in Surrey.
Bezant raises £0.7m through share placement
Gold and platinum development company Bezant announced on Thursday that it has raised £0. 7m before expenses, through a conditional placement of 63,636,360 new ordinary shares at a price of 1. 1p per new ordinary share.
EVR's MelodyVR enters two deals with Jay-Z's Roc Nation
Virtual reality music content creator EVR Holdings announced on Thursday that its subsidiary MelodyVR has entered into two music licensing agreements with Roc Nation and Roc Nation Publishing.
SkinBioTherapeutics reports good start to new financial year
SkinBioTherapeutics, a life sciences outfit focused on skin health, reported progress on its business development in its maiden full-year results as an AIM-listed company, adding that it had made a good start to the new financial year.
MBL requests trading suspension after resignation of director
Shares in MBL Group were suspended from trading at the company’s request on Thursday, after the resignation of Peter Palframan from its board.
Merlin shares rise on SeaWorld deal talk
Merlin Entertainments shares were top of the London leaderboard on Thursday following a report that it was in talks with marine park operator SeaWorld Entertainment about a potential deal.
Deltic makes fresh bid for Revolution Bars
Nightclub operator Deltic has laid out its plans for a merger with Revolution Bars after its previous proposal was rejected and despite the company having already agreed a deal with Slug and Lettuce owner Stonegate.
Avacta enters research collaboration with FIT Biotech
Avacta Group, the developer of ‘Affimer’ biotherapeutics and reagents, announced on Thursday that it has initiated a research collaboration with FIT Biotech to assess the effectiveness of developing gene therapies using its Affimer technology combined with FIT Biotech's ‘gtGTU’ platform.
Intercede pleased with progress in first half
Digital identity, credential management and secure mobility company Intercede updated the market on its trading for the six months to 30 September on Thursday, reporting that first half revenues increased by around 30% compared to the previous period, to more than £3. 6m.
Redcentric confirms Chris Jagusz as new CEO
Managed IT services provider Redcentric announced the appointment of Chris Jagusz as its chief executive officer on Thursday - confirming he would start on 16 October - and updated the market on its trading for the six months to 30 September.
Aura Energy clears regulatory hurdle at Tiris Uranium Project
Aura Energy advised the market that the Environmental and Social Impact Assessment (ESIA) for the Tiris Uranium Project in Mauritania has been approved by the Mauritanian Government on Thursday.
Randall & Quilter raises £45m in share placing
AIM-listed non-life insurance and investment specialist Randall & Quilter has raised gross proceeds of £45m through a placing and open offer.
Vodafone overhauls global visual identity
Vodafone announced a “significant evolution” of its brand positioning strategy, strapline and visual identity worldwide on Thursday - the first changes to one of the world's best-known brands since the introduction of the 'Power to you' strapline in 2009.
Ferrexpo pellet production drops due to maintenance programme
Ferrexpo reported a drop in pellet production for the third quarter on Thursday due to its ongoing pellet line maintenance programme.