News And Announcements
ITM Power talks up deal pipeline in extensive trading update
Energy storage and clean fuel company ITM Power updated the market on its trading and operations for the period since the announcement of its successful placing and open offer on 29 September on Thursday.
Unite accuses Premier Inn owner of 'wage theft'
According to a snap poll by trade union Unite, two out of three workers at Premier Inn, Britain's largest budget hotel chain, had regularly been denied breaks and not been paid what they were owed.
Aviva ups growth targets, unleashing £3bn of excess cash
Aviva has upped upped its long-term cash flow, earnings and dividend targets and says it has £3bn of excess cash that will be used to pay down £0. 9bn debt next year, as well as making bolt-on acquisitions and funding shareholder returns.
Acquisitions drive trading at Totally
Healthcare services provider Totally updated the market on its trading on Thursday, reporting that following the recent acquisition of Vocare, trading across the group remained in line with expectations.
Vipera expands scope of contract with GSB Thailand
Mobile financial services provider Vipera has increased the scope of its contract with the Government Savings Bank of Thailand (GSB) through its partner TNFIS, part of the TN Information Systems group, utilising Vipera's digital financial services platform MOTIF under license, it announced on Thursday.
Hedge fund pursues effort to oust LSE chairman Brydon
An activist investor is pressing ahead with a shareholder vote to oust the chairman of the London Stock Exchange despite the company's attempts to draw a line under a boardroom power struggle.
P2P to pay higher dividends, buy back shares
P2P Global Investments said it expected to pay a higher dividend and buy back more shares to boost shareholder returns.
Tower Resources awards 3D seismic data contract to DMT Petrologic
Africa-focussed oil and gas company Tower Resources announced the award of a contract to reprocess 3D seismic data over and around its Thali license in Cameroon on Thursday, to DMT Petrologic.
Londoners now able to talk to Time Out through Google Home
Time Out Group launched a new ‘conversational app’ on the Google Assistant platform on Thursday, allowing users to “instantly discover the best things to do” in London.
Warpaint completes buyout of gift cosmetics maker Retra
Specialist supplier of colour cosmetics Warpaint London confirmed the completion of the acquisition of Retra Holdings on Thursday.
Coal of Africa appoints Impala's Brenda Berlin as CFO
AIM-listed Coal of Africa has appointed Brenda Berlin as chief financial officer, replacing Mr De Wet Schutte, who will retire from his position as finance director with immediate effect "to pursue personal endeavours".
Shell reveals 22% gender pay gap
Oil giant Shell revealed on Thursday that its female staff get paid on average 22% less than male employees.
Dialog Semiconductor tanks as Apple close to developing own power chips
Apple will use power chips designed in-house for iPhone built in 2018, reports suggested on Thursday, sending shares in UK-based chip designer Dialog Semiconductor crashing.
Xpediator raising £2.8m, buying Essex logistics firm
Freight management services provider Xpediator announced on Thursday that it intends to raise approximately £2. 8m by way of a placing of new ordinary shares.
TP ICAP acquires agency broker Coex Partners in £7.1m deal
TP ICAP has acquired independent agency broker Coex Partners for an initial payment of £7. 1m, it announced on Thursday.
Greene King holds dividend as cost hangover hits profits
Greene King served up a short measure of profits after a challenging half-year for the brewer and pub operator, but the interim dividend was held amid an upturn in recent weeks and progress on cost savings.
Shire gets orphan drug status for paediatric UC antibody
Shire's SHP647 monoclonal antibody has been granted 'orphan drug' status for the treatment of children with moderately to severely ulcerative colitis.
DMGT shares crash on warning of difficult year ahead
Daily Mail and General Trust shares lost a quarter of their value as the publisher warned of a difficult year ahead after posting a statutory annual loss.
Lamprell warns over 2017 earnings due to East Anglia project costs
Oil services group Lamprell said on Thursday that its earnings for 2017 are likely to be "materially below" current market expectations as its East Anglia offshore windfarm project is expected to make a "significant" loss.
Barclays announces appointments to board of new ring-fenced bank
Barclays announced the appointment of five non-executive directors on Thursday to the board of its new ring-fenced bank, Barclays Bank UK PLC.