News And Announcements
Strategic Minerals renegotiates acquisition of Leigh Creek Copper Mine
Diversified mineral production and development company Strategic Minerals announced on Friday that, after the successful completion of technical and financial due diligence on the Leigh Creek Copper Mine company, it has agreed to continue with the acquisition on renegotiated terms.
Gfinity partners with Microsoft for next Halo World Championship
International esports entertainment group Gfinity has been named as a preferred event partner to Microsoft for the forthcoming ‘Halo World Championship 2018’ for the next season, it announced on Friday.
Hutchison Chi-Med begins fruquintinib trial in US
Hutchison China MediTech, known as Chi-Med, has initiated the United States Phase I bridging clinical trial of fruquintinib, it announced on Friday.
Ceres Power upbeat ahead of half-year point
Solid oxide fuel cell technology developer Ceres Power Holdings updated the market on its trading ahead of the end of the six month period to 31 December on Friday.
Conviviality offers failed P&H £25m for 109 stores
Independent alcohol wholesaler and distributor of alcohol and impulse products Conviviality announced on Friday that its wholly-owned subsidiary Bargain Booze has offered to acquire the business and assets of 109 convenience stores, and the rights as franchisor of a further 18 franchisee-operated stores trading under the fascia 'Central Convenience'.
Nektan's Respin signs deal with Seven Feathers Casino
Respin, a wholly-owned subsidiary of Nektan, has reached an agreement with Seven Feathers Casino Resort in Oregon.
SThree sees full-year profit slightly ahead of market views
Recruiter SThree hailed a strong finish to the year on Friday as it said adjusted pre-tax profit is expected to be slightly ahead of current market consensus.
Scottish alcohol prices could soar 90% with new minimum unit price
The Scottish government is set to implement a minimum 50p unit price for alcohol on 1 May 2018, which will have the greatest effect on beer and cider.
Assystem Technologies makes £281m bid for SQS
SQS Software Quality Systems announced on Friday that it has reached agreement with Bidco on the terms of a recommended all-cash offer to be made by Bidco for the entire issued and to-be-issued share capital of SQS it does not not already own.
Ryanair to recognise unions as it looks to avert strike disruption
Budget airline Ryanair is set to recognise pilot unions for the first time in its history as it looks to avoid strikes over Christmas.
Active Energy's CoalSwitch gets thumbs-up from Utah Governor's Office
Biomass based renewable energy and forestry management company Active Energy has received a letter of support from the Governor's Office of Energy Development in Utah, it said on Friday, regarding Advanced Biomass Solutions’ plans for the ‘CoalSwitch’ plant.
Luceco issues profit warning after accounting error
Manufacturer and distributor of LED lighting products, Luceco, updated the market on its for the year to 31 December on Friday, reporting that it has seen gross margins weaken during the second half of the year.
Ortac's Casa Mining identifies 'significant' additional gold mineralisation
Ortac Resources announced on Friday that Casa Mining, in which it currently holds an effective 84. 7% economic stake, has completed a review of previous exploration activity in the Akyanga license area.
Path enters conditional farm-in deal with 5P Energy
Path Investments has entered into a conditional farm-in agreement with 5P Energy, it announced on Friday, in relation to the potential acquisition of a 50% participating interest in a producing gas field - the Alfeld-Elze II Licence and Gas Field in Germany.
SDL tumbles as it warns over 2017 earnings
Shares in SDL tumbled on Friday after the software maker warned that its adjusted earnings for 2017 will be below current market expectations if some of its software deals don’t close by the end of this year.
Hornby appoints Kirstie Gould as CFO
Model train set maker Hornby said on Friday that Kirstie Gould, currently a consultant in the finance department, will take over from chief financial officer David Mullion, who is stepping down from the board at the end of this month.
Standard Life Aberdeen outflows remain stable as integration 'on track'
Standard Life Aberdeen reported its investment funds continued to leak flows in the group's first update since its merger was finalised, though outflows lessened year on year.
Aveva awaits US approval for Schneider merger, disappointed on tax ruling
Aveva's £3bn agreed merger with Schneider Electric is expected to gain final regulatory approval by mid-February, though the industrial software group was disappointed by a UK tax ruling on the deal.
Tritax Big Box extends debt facility
Real estate investment trust Tritax Big Box has agreed terms to extend the maturity on its existing loan facility with Landesbank Hessen-Thüringen Girozentrale.
BGEO subsidiary begins construction of Bodorna hydro power plant
BGEO Group announced on Friday that its utility and energy subsidiary, Georgia Global Utilities, has begun construction of Bodorna hydro power plant near Bodorna reservoir.