News And Announcements
SolGold reports on drilling progress
SolGold updated the market on the drilling results of holes 23R-D1 and 24-D1R on Friday, as well as the progress of drilling at Cascabel, the company's 85%-owned copper-gold porphyry project in Ecuador.
Vietnam Infrastructure shares cancelled ahead of winding-up vote
Investment vehicle Vietnam Infrastructure announced on Friday that trading in the company's shares on AIM was suspended with effect from 0730 BST, pending the result of the extraordinary general meeting to be held at 1430 BST on 9 October, in accordance with its timetable previously announced on 25 August.
Beximco Pharmaceuticals could acquire majority of Nuvista
Generic pharmaceutical products manufacturer Beximco Pharmaceuticals announced on Friday that it entered into a non-binding memorandum of understanding, under which it may acquire a majority shareholding of 85. 22% in Bangladesh-based hormones and steroid drugs specialist Nuvista Pharma.
RWS Holdings enjoys 'best year ever'
Intellectual property support services provider RWS Holdings updated the market on its trading for the year to 30 September on Friday, ahead of the announcement of its full year results, which is expected on 6 December.
Ofcom promises clearer speed information for broadband consumers
Broadband shoppers must receive better information about speeds before they commit to a contract, the regulator said on Friday, under a range of new protections it has set out.
GlobalData chief selling 1.4m shares in placing
GlobalData announced on Friday that it has been advised by its chief executive Mike Danson that, in response to demand from investors, he intended to sell approximately 1. 4 million ordinary shares in the company via an accelerated bookbuild placing to institutional investors at a price of 540p per share.
Chemring receives cash advance related to ammunition contract
Chemring said on Friday that it has received the cash advance payment and export licenses associated with the $30m contract to supply 40mm ammunition to an international customer.
Mirada wins new five-year contract with Bolivian pay TV operator
AIM-listed Mirada has announced a new five-year contract for its Iris multiscreen solution with Bolivian pay TV operator and broadband services provider, Digital TV Cable.
Duke Royalty enters into second financing deal with Lynx Equity UK
Duke Royalty announced on Friday that it has entered into its second royalty financing agreement with Lynx Equity UK.
Glencore buys South African assets from Chevron
Glencore has bought up $973m of manufacturing, retail and industrial supply businesses in South Africa and Botswana from Chevron.
Hollywood Bowl makes good progress a year after floating
Ten-pin bowling operator Hollywood Bowl Group issued a pre-close trading update for the year to 30 September on Friday, reporting positive progress with its development strategy one year after it floated.
Ultra Electronics eyes January close on Sparton deal
Ultra Electronics confirmed on Friday that Sparton Corporation shareholders had approved the takeover by Ultra.
Lonmin surges as lenders waive some debt covenants
Lonmin shares surged on Friday after the company said its lenders have agreed to waive some of its debt covenants, giving the miner some breathing space and allowing it to buy the rest of its Pandora joint venture mine.
Totally acquiring urgent care provider Vocare in £11m deal
Out-of-hospital services provider Totally announced on Friday that it has conditionally agreed to acquire the entire issued and to-be-issued share capital of urgent care services provider Vocare for a consideration of up to £11m on a cash-free and debt-free basis, with a normalised level of working capital.
Zegona Communications extends tender offer deadline
Zegona Communications updated the market on its tender offer on Friday, having initially announced its return of up to £140m to shareholders on 30 August.
CRH target Ash Grove receives rival takeover offer
CRH's proposed $3. 5bn acquisition of US-based Ash Grove has been derailed after the Kansas company received a potentially larger rival offer.
EasyJet sees FY profit at upper end of range after record summer
Budget airline easyJet said on Friday that headline pre-tax profit for the year is expected to be at the upper end of the previously guided range as it reported a record number of passengers over the summer.
Finsbury Food confirms closure of loss-making Grain D'Or factory
Finsbury Food confirmed on Friday that it will close its loss-making Grain D'Or factory by 2 December.
Motif Bio presents positive iclaprim data
Clinical stage biopharmaceutical company Motif Bio announced on Friday that new preclinical data with its investigational drug candidate ‘iclaprim’ were presented during the IDWeek 2017 conference, currently being held in San Diego.
UK high street sales solid in September but October starts badly
UK retail sales were solid in September but growth remained weak amid rising prices, a consumer crunch and declining high street footfall.