News And Announcements
Veltyco enters partnership with Esports Radar
Gaming industry online marketing company Veltyco Group announced on Wednesday that it has entered into a partnership agreement with Esports Radar, a newly incorporated company in Malta, focusing on rolling out a new esports business.
Zoltav reveals disappointing drilling results from Bortovoy
Russia-focussed oil and gas exploration and production company Zoltav updated the market on its operations on the Bortovoy licence in Saratov on Wednesday, after it claimed it was reevaluating the forward drilling programme for the Permian Basin in its half-year report on 26 September.
Focus on channels sees solid revenue growth at Quiz
Fast fashion womenswear brand Quiz announced a 35% year-on-year increase in group revenue to £56. 1m for the six months to 30 September in a trading update on Wednesday, while its gross margins remained in-line with expectations.
Altus Strategies signs letter of intent to acquire Legend Gold
Africa-focussed exploration project generation firm Altus Strategies announced on Wednesday that it has signed a non-binding letter of intent with Legend Gold.
Universe begins rolling out next-gen forecourt payment system
Point-of-sale, payment and online loyalty systems developer and supplier Universe Group announced on Wednesday that it has commenced the rollout of its new ‘Gempay 3’ payment solution to fuel forecourts.
Government confirms GBP0.5bn of clean energy funds for next CFD auction
Green energy developers will be able to compete for up to £557m of government funding in electricity auctions planned by the government to boost "less established" renewable energy.
Rurelec confirms early stage discussions over possible offer
AIM-listed Rurelec confirmed on Wednesday that it is in discussions with a consortium led by former chief executive Peter Earl regarding a possible offer for the company.
Deltic makes no offer for Revolution, clears way for Stonegate
Nightclub owner Deltic has decided not to make a formal offer for Revolution Bars before the deadline, meaning the path is now clear for Slug and Lettuce owner Stonegate to crack on with its takeover.
Ultra Electronics wins £9m contract at Heathrow airport
Ultra Electronics has won a £9m baggage management software contract with the Airline Operators Committee at Heathrow Airport.
Corero signs resell partnership agreement with US firm
Corero Network Security announced on Wednesday that it has signed a resell partnership agreement with an unnamed leading US-based global cloud DDoS service provider.
Ready meal group Bakkavor eyes IPO
London-based ready meal provider Bakkavor intends to proceed with an initial public offering so it could begin trading on the main market for listed securities of the London Stock Exchange.
Brave Bison wins tender for All Nippon Airways influencer campaign
Independent digital media and social video broadcaster Brave Bison announced on Wednesday that it has won a competitive tender to develop, create and produce All Nippon Airways' first multi-influencer video marketing campaign.
Character Group issues warning over toy market downturn
Character Group updated the market on its trading on Wednesday, following its trading statement on 19 September, in which it described market conditions as “challenging”.
One million Brits to be protected by safeguard energy tariff
One million British households are set to save an average of £120 a year on their energy bills, Ofgem announced on Wednesday, as it confirmed an extension to its prepayment safeguard tariff for “more vulnerable people” this coming winter.
Smith & Nephew surges on Elliott Management reports
Smith & Nephew shares were given a leg up in London on Wednesday on the back of speculation that US activist investor Elliott Management was building a stake in the artificial limbs group.
MySQUAR makes 'significant progress' as revenues surge
Myanmar-language social media, entertainment and payments platform MySQUAR updated the market on its recent trading on Wednesday morning, saying it was continuing to make “significant progress” in achieving its operational goals.
Speedy Hire secures extension to bank facilities
Tools, equipment and plant hire services company Speedy Hire has secured an extension to its existing bank facilities.
Countryside Properties completions up 28% amid good demand
Countryside Properties posted a jump in completions on Wednesday thanks to strong demand from first-time buyers and low interest rates.
SIG poaches Marshalls' Allner to be new chairman
SIG, the recovering insulation and roofing materials supplier, has appointed Andrew Allner as its new chairman, leading Marshalls, where he currently occupies the same role, to begin searching for a successor.
PageGroup keeps turning over strongly in third quarter
Recruiter PageGroup generated higher than expected profits in the third quarter as continental Europe, the Americas and Asia all delivered strong performances to offset weakness in the UK.