News And Announcements
Bezant raises £0.6m, gets new executive chairman
Mineral exploration and development company Bezant announced on Monday that it has raised £0. 6m before expenses through a subscription and placing of 133,333,333 new ordinary shares at a price of 0. 45p per share.
Rockhopper signs letter of intent with Diamond Drilling at Sea Lion
Oil and gas company Rockhopper Exploration updated the market on Sea Lion Phase 1 in the North Falkland Basin, where it holds a 40% working interest, on Monday.
HICL Infrastructure confident in dividend guidance despite Carillion collapse
HICL Infrastructure Company updated the market on its activity since 1 October on Monday, reporting that its portfolio now consisted of 116 investments located in the UK, France, Ireland, the Netherlands, Canada, the USA and Australia.
Veltyco Group sees full year results 'significantly ahead' of market views
AIM-listed Veltyco Group, an online marketing company for the gaming industry, said on Monday that full-year results will be "significantly ahead" of market expectations following strong trading in December.
Ryanair profit rises and share buyback announced but outlook gloomy
Ryanair posted a 6% rise in third-quarter pre-tax profit on Monday as revenue and passenger numbers jumped and a share buyback was announced, but the budget airline struck a cautious note on the outlook as it warned over disruption from talks with unions.
Wizz Air expands into Austria as passenger numbers soar 24%
Hungarian low-cost carrier Wizz Air saw January passenger numbers increase 24. 4% year-on-year to 2. 33m, but the load factor, a measuring tool generally used to assess how efficiently a transport provider fills seats and generates fare revenue, declined 0. 3% to 87. 7%.
Petrofac directors continue to be interviewed by SFO
Petrofac confirmed that the Serious Fraud Office is continuing to question its chairman, executive directors, non-executive directors and employees over its ongoing criminal investigation into possible bribery, corruption and money laundering.
Hansteen to sells IMPT portfolio to Warehouse REIT
Hansteen has accepted a £116m offer for the Industrial Multi Property Trust portfolio from fellow London-listed investor Warehouse REIT less than a year after buying it for less than £28m.
Electrocomponents revenue growth stable as it approaches year-end
Electrocomponents said on Monday that its “strong” underlying revenue performance in the first half has continued into the first four months of the second half, with underlying revenue growth remaining stable at the 14% seen in the second quarter.
Unite Students buys Edinburgh property for £24m
Student accommodation provider Unite said it had bought a 331 bed property in Edinburgh for £24m, representing an acquisition yield of 6%.
Randgold FY gold output up 5%, profits rise to $335m
Randgold Resources said it had increased annual gold production by 5% to 1. 315m ounces, ahead of its guidance, while cutting total cash cost by 3% to $620 an ounce.