News And Announcements
Fevertree Drinks sees full year 'materially ahead' of current market views
Fevertree Drinks said on Tuesday that results for the year to the end of December are set to be “materialy ahead” of current market expectations following a strong performance in the year to date.
IAG traffic remains on upward trajectory
International Consolidated Airlines Group, better known as IAG and as the owner of British Airways and Iberia, continued to grow capacity and passenger traffic in October.
SSE and Innogy in 'well-advanced' merger discussions
British energy supplier SSE is in talks with the parent company of rival Npower, German firm innogy, about potentially forming the UK's largest power company.
High street retailer New Look brings back former executive to right ship
Alistair McGeorge, executive chairman of low-cost fashion retailer New Look, said on Monday that the high street brand's previous management should be held accountable for its weakened sales performance and dragging the company to a heavy loss as a result of it making the group "too young and edgy. ".
Lionsgold fintech unit receives FCA e-money approval
Gold-focussed exploration company and gold-holding fintech developer Lionsgold announced on Tuesday that its majority-owned fintech subsidiary TRAC Technology has received approval as an EMD Agent from the Financial Conduct Authority.
Altus Strategies granted Zolowo exploration licence in Liberia
Africa-focussed exploration project generator Altus Strategies announced on Tuesday that it has been granted the Zolowo exploration licence in the Lofa County of north western Liberia, targeting Archaean greenstone-hosted gold deposits.
Paragon Entertainment issues profit warning amid slow progress
Attractions design, production and fit-out company Paragon Entertainment announced on Tuesday that it expects to complete the 2017 financial year with sales “broadly in line” with the board's expectations, at £15. 0m.
NetScientific's Vortex BioSciences makes first commercial sale of VTX-1
Healthcare intellectual property commercialisation group NetScientific noted on Tuesday that its portfolio company, Vortex BioSciences, has announced its first direct commercial sale of its VTX-1 Liquid Biopsy System - a fully automated benchtop system for collecting intact circulating tumour cells (CTCs).
Sylvania acquisition of Phoenix Platinum goes unconditional
Low-cost platinum group metal processor and developer Sylvania Platinum confirmed on Tuesday that the acquisition by Sylvania from Pan African Resources of 100% of the shares in and claims against Phoenix Platinum Mining was now unconditional.
Strat Aero unit wins partnership with Integrated Water Services
Unmanned aerial vehicle-focussed aerospace company Strat Aero announced on Tuesday that its 100% owned subsidiary Geocurve has been selected as a specialist surveying partner by Integrated Water Services - a services provider to the UK water sector.
Victoria evaluating opportunities including acquisition of Keraben Grupo
AIM-listed flooring designer and manufacturer Victoria said on Tuesday that it is evaluating a number of opportunities, including the potential acquisition of European ceramic tile manufacturing business Keraben Grupo.
Adept4 extends Office 365-based IT solution offerings
Information technology-as-a-service provider Adept4 announced a recent extension to its 'asset light' IT solution offerings on Tuesday, which it said leverage its expertise and customer base in Microsoft Skype for Business and telephony.
Tertiary Minerals wins high-profile US industry award
Fluorspar company Tertiary Minerals announced on Tuesday that its 100% owned subsidiary, Tertiary Minerals US, has been chosen to receive the Bureau of Land Management's 2017 Hardrock Small Operator Award for its “outstanding and innovative” reclamation and sustainable mineral development work on its MB Fluorspar Project in Nevada.
Hiscox gross written premiums rise, hurricane claim estimates revised down
Insurer Hiscox reported a rise in gross written premiums for the first nine months of the year, as it revised down its estimates for claims related to recent hurricanes.
G4S trading in line but FY organic revenue guidance scaled back
Security services firm G4S, which won its spot on the FTSE 100 back in the summer, said on Tuesday that trading in the nine months to the end of September was in line with expectations, but its guidance for full-year organic revenue growth was scaled back.
Disney reportedly in talks to buy Fox's 39% stake in Sky
Walt Disney is reported to have held negotiations with 21st Century Fox over the sale of a large part of its operations, including its share of Sky.
ProPhotonix launches partnership with Integrated Optics
Designer and manufacturer of LED illumination systems and laser diode modules, ProPhotonix, announced a new partnership with Integrated Optics on Monday, for ProPhotonix to distribute Integrated Optics’ range of innovative laser modules.
Beximco begins exporting Betapace generic to the US
Generic pharmaceutical product and active pharmaceutical ingredient manufacturer Beximco Pharmaceuticals has commenced the export of sotalol hydrochloride in strengths of 80 mg, 120 mg and 160 mg - a generic version of the cardiovascular drug Betapace - to the US, it announced on Tuesday.
Dalata to build Clayton Hotel in Glasgow
AIM-listed Dalata Hotel Group has signed an agreement to lease a new Clayton Hotel to be built in Glasgow, with Artisan St. Enoch Quarter Limited, a subsidiary of Artisan Real Estate Investors Limited.
Nasstar secures 'significant' contract win
AIM-listed Nasstar has secured a three-year contract to deliver a fully managed public/private Hybrid cloud solution to a global workforce of 1,000 users, which is expected to generate at least £2. 1m of revenues.