News And Announcements
Banks jump on more favourable Basel III 'output floor' rule
Global financial regulators have agreed on the final element of the new capital rules under the Basel III regulatory framework which are less stringent than feared, delivering a boost to lenders' shares on both side of the Atlantic.
GlobalData buy MEED as Ascential completes 'heritage brand' sales
Events organiser Ascential has sold off its last 'heritage' publishing brand in a $17. 5m cash deal to GlobalData, the London-listed company formerly known as Progressive Digital Media.
Enteq Upstream signs on new international customer
Oilfield services technology and equipment supplier Enteq Upstream announced a contract from a new, unnamed international customer on Friday.
Vela agrees to invest £0.2m in cryptocurrency mining firm BlockchainK2
Technology investing company Vela has entered into a conditional agreement to invest £0. 2m to acquire a minority equity stake in BlockchainK2, it announced on Friday.
Touchstone Exploration planning £3m private placement
Touchstone Exploration intends to complete a private placement directed towards UK-based institutional investors, it announced on Friday.
Berkeley increases profit guidance after bumper six months
Berkeley Group built more houses than expected in the first half of the year, generated piles of extra cash and upped its profits guidance for the coming few years.
ANGLE confirms recent positive Parsortix tests
Liquid biopsy company ANGLE announced on Friday that the University of Southern California’s Norris Comprehensive Cancer Center has presented results of extensive work with its ‘Parsortix’ system at the San Antonio Breast Cancer Symposium, detailing how the system could be used to obtain comparable gene expression information from a simple blood test in place of an invasive solid tissue biopsy of a metastatic site.
Bluejay Mining completes maiden 2017 field work programme at Disko
Greenland and Finland-focussed Bluejay Mining has completed its maiden 2017 field work programme at the 100%-owned Disko nickel, copper, cobalt and platinum project in West Greenland, it announced on Friday.
Tiziana upbeat on latest Milciclib analysis
Clinical stage biotechnology company Tiziana Life Sciences announced on Friday that the independent data monitor committee (IDMC) has completed interim analysis of the safety and pharmacokinetic data from the first six patients in the Phase 2a trial of ‘Milciclib’.
Abbey books solid profit increase in first half
Abbey reported a profit before tax of €23. 42m for the six months to 31 October in its interim statement on Friday, rising from €21. 76m from the same time last year.
Faroe Petroleum confirms death of Tambar field worker
Oil and gas company Faroe Petroleum confirmed on Friday that a worker has died at its Tambar field in Norway, which is operated by Aker BP.
BGEO real estate division signs up for huge Tbilisi development
BGEO Group’s real estate subsidiary, m2 Real Estate, has signed its largest-ever franchise agreement as part of its ‘asset light’ strategy, it announced on Friday.
Coats Group refinances through private placement, new bank facility
Industrial thread manufacturer Coats Group announced the successful completion of a $225m issue of US private placement (USPP) notes on Friday.
John Laing set to end year on a high
Originator, investor and manager of infrastructure, John Laing Group, issued a pre-close update for the year to 31 December on Friday, reporting total investment commitments to date of £340m - well ahead of its original guidance for 2017 of approximately £200m.
ReNeuron opens Boston office ahead of clinical trials
AIM-listed stem cell therapy specialist ReNeuron has opened an office in Boston that will initially house its US-based clinical, medical and scientific communications staff.
In-video ad developer Mirriad plots AIM float, backed by IP Group
Mirriad Advertising, a video technology company backed by IP Group plans to float on London's AIM with a £26. 2m fundraising to speed its expansion.
IAG to launch new pension scheme for British Airways
International Airlines Group announced on Friday that its subsidiary, British Airways, has decided - following consultation with its trade unions and employees - to launch a flexible benefits scheme incorporating a new defined contribution pension scheme.
Unite announces new project with Oxford Brookes
Student accommodation developer Unite Students has exchanged contracts on a development site in Oxford and agreed commercial terms with Oxford Brookes University for a 25-year nominations agreement covering the site, which will extend its partnership with Unite to 1,350 beds.
Vodafone Malta merger talks end at behest of regulator
Vodafone Group confirmed the end of its merger talks with Melita on Friday, putting the blame on regulators in Malta.