News And Announcements
Dyson is suing former chief executive
The British technology company Dyson said it is suing Max Conze, its former chief executive, who stepped down in October, for allegedly spilling company secrets and misusing company resources.
Koovs seeking permission to issue up to £18.9m in convertible loan notes
India-focussed fashion e-commerce business Koovs issued a short update to the market on Wednesday morning, announcing today that it will be seeking a renewal of permission for the issue of up to £18. 9m of convertible loan notes.
Ian O'Doherty succeeding Chris Houghton as Park Group chair
Multi-retailer, multi-channel gift voucher and prepaid gift card provider Park Group announced the appointment of John Sullivan (Ian) O’Doherty as its new chief executive officer on Wednesday, to succeed Chris Houghton, whose retirement was announced on 12 June.
Elecosoft appoints Simon Morgan as new finance director
Construction software specialist Elecosoft announced the appointment of Simon Morgan as its finance director with immediate effect on Wednesday.
SandRidge Energy to buy Bonanza Creek in $746m deal
SandRidge Energy has agreed to buy Bonanza Creek in a cash-and-stock deal valued at $36 per share.
Jeffrey Karoly installed as CFO at Condor Gold
Condor Gold announced the appointment of Jeffrey Karoly as its chief financial officer with immediate effect on Wednesday.
Bango brings mobile payments to Google Play in Nigeria
Mobile payments company Bango has launched operator-billed payments for Google Play users with 9mobile in Nigeria, it announced on Wednesday.
Ascent begins export production from two Slovenia wells
Europe-focussed oil and gas exploration and production company Ascent Resources updated shareholders on the start of export production from the Petišovci field in Slovenia on Wednesday, confirming that it commenced export production from well Pg-10 on 2 November, with production from well Pg-11A added on 3 November.
Tune Hotel in Newcastle to receive easyHotel treatment
Owner, developer and operator of so-called ‘super-budget’ hotels easyHotel has agreed to take over the 104-room Tune hotel in Newcastle, it announced on Wednesday.
Talk not cheap for TalkTalk as strong customer growth dents profits
TalkTalk Telecom drummed up an impressive number of new customers in the first half of the year but at the expense of profits, which fell into the red and will be towards the lower end of its guided range for the full year.
BP kicks off share buybacks
Oil giant BP said on Wednesday that it will begin a share buyback programme to repurchase up to 1. 96bn shares.
Utilitywise pushes back annual results due to additional review
AIM-listed independent utility cost management consultancy, Utilitywise, said on Wednesday that its results for the year to 31 July - which had been due on 21 November - have been pushed back as it carries out an additional review of its estimation methodology for expected consumption levels on live contracts.
Savannah Resources a step closer to full approval in Oman
Resource development company Savannah Resources announced the issuing of environmental operating permits for both the Mahab 4 and Maqail South mining licence applications in Oman by the Ministry of Environment and Climate Affairs on Wednesday.
Smith & Nephew announces progress on pressure ulcers
Smith & Nephew said its Allevyn Life dressing had been found to reduce the chance of elderly patients developing pressure ulcers after hip fractures.
HSBC to cough up €300m to settle French tax evasion case
HSBC has been forced into settling legal action with French prosecutors to the tune of €300m over alleged tax evasion from its clients in the country.
Crest Nicholson guidance disappoints but forward sales impress
Housebuilder Crest Nicholson reported solid growth in sales and selling prices and strong forward sales, though profits for the year may come in at the lower end of guidance.
Wizz Air signs up for another 146 next-generation Airbus aircraft
Central and Eastern Europe’s largest low-cost airline, Wizz Air Holdings, announced on Wednesday that following a competitive selection process, it has signed a memorandum of understanding with Airbus relating to the purchase of a further 146 Airbus A320neo family aircraft.
Carillion JV wins Middle East contracts
Beleaguered support services and construction company Carillion said on Wednesday that its 50:50 joint venture with the Zawawi family - Carillion Alawi - has been selected as the preferred bidder for the design and build of the New Sultan Qaboos Hospital in Salalah, the capital city of southern Oman's Dhofar province.
Walker Greenbank slides as it warns on profits
AIM-listed luxury interior furnishings group Walker Greenbank warned on Wednesday that full-year profits are likely to be around 10% below its expectations.
Experian highlights risks after Equifax security breach
Experian said risks from regulation and information security could rise after a massive data breach at rival credit monitor Equifax.