News And Announcements
Randgold, Glencore and other miners club together to fight Congo legislation
A group of mining companies, including Glencore and Randgold Resources, have banded together in an effort to halt legislative changes in the Democratic Republic of Congo (DRC).
Spaceandpeople signs new extended agreement with Landsec
SpaceandPeople announced a contract renewal, as well as a significant expansion of opportunities with Landsec in the UK on Monday.
KFC forced to close 750 UK shops after running out of chicken
KFC has been forced to close 750 of its 900 restaurants in the UK after its new supplier failed to deliver promised supplies.
Next 15 trades in line, expects some US tax reform benefits
Digital communications group Next 15 updated the market on its trading on Monday, ahead of its results for the year to 31 January, which are due to be announced in early April.
Directa Plus gets Italian patent for tyre applications
Graphene-based products producer and supplier Directa Plus announced on Monday that the Ufficio Brevetti e Marchi - the Italian patent and trademark office- has granted it a patent for the product and application of its new graphene-based solution for enhancing the performance of tyres.
Kin shares to be suspended as it hunts for reverse takeover offers
Kin Group updated the market on its states as a cash shell under rule 15 of the AIM rules on Monday - a status it entered into on 30 August last year, when its principal trading subsidiary appointed administrators.
Diurnal finds partner to break Australia and New Zealand markets
Specialty pharmaceutical company Diurnal Group announced a marketing and distribution agreement with specialised Australian pharmaceutical firm Emerge Health on Monday.
MedaPhor launches new lifelike ultrasound simulation trainer
Ultrasound software and simulation company MedaPhor Group announced the launch of its new BodyWorks Eve simulator platform on Monday, which it described as an ultra-realistic manikin-based simulator to train medical professionals practising point-of-care ultrasound (PoCUS) across emergency medicine and critical care.
Unexpected delay arises in Quadrise boiler trial project
Quadrise Fuels International updated the market on its planned combustion boiler trial project in the Kingdom of Saudi Arabia on Monday.
Hardide trading in line ahead of first half results
Investors in Hardide were told of how the company was continuing to trade in line with expectations at its annual general meeting on Monday.
UK meat supplier Russell Hume goes into administration
Meat supplier Russell Hume was placed into administration on Monday with the loss of more than 260 jobs after an investigation by the Food Standards Agency led to a major product recall.
Green reportedly eyes Arcadia sale; MPs warn on pension deficit
Retailer Sir Philip Green is reportedly in talks on a full or partial sale of his Arcadia empire to Chinese interests, UK media reported on Monday, sparking concerns about how pensioners would be protected if a deal was agreed.
Balfour Beatty sells further 5% stake in Connect Plus
Infrastructure group Balfour Beatty has announced the sale of an additional 5% in Connect Plus, the company which operates the M25 orbital motorway, to funds managed by Equitix for £42m in cash.
Grafton buys Leyland SDM for £82.4m
FTSE 250 merchanting and DIY group Grafton has acquired London-based independent specialist decorators’ merchant Leyland SDM for £82. 4m on a debt-free, cash-free basis.
City of London Investment Group makes good first-half progress
City of London Investment Group released its half-year results for the six months to 31 December on Monday, with funds under management reaching $5. 3bn (£3. 9bn) at period end, rising from $4. 7bn at the beginning of the financial year.
Reckitt Benckiser 2017 LFL revenues flat
Consumer goods company Reckitt Benckiser reported a rise in pre-tax profit for the year on Monday and an increase in revenue, although like-for-like sales were flat.
MJ Gleeson on track to meet full-year expectations
Community regeneration housebuilder MJ Gleeson announced a “strong performance” for its first half on Monday, with profit before tax up 19. 1% and an increase in the interim dividend of 38. 5% to 9. 0p per share.
Secure Property makes solid NAV gains in 2017
South eastern European-focussed property and investment company Secure Property Development & Investment announced on Monday that, as at 31 December, the net asset value of its portfolio of properties stood at approximately €51. 5m - including €2. 8m being the net value of the prepayments already made by year-end for the Olympians project in Romania.
Gordon Dadds completes Thomas Simon acquisition
AIM-listed Gordon Dadds has completed the acquisition of Cardiff solicitors Thomas Simon for £1. 9m plus an amount related to net tangible assets.
Breedon confirms talks with Belfast-based Lagan
AIM-listed construction materials group Breedon confirmed on Monday that it is in talks with Belfast-based Lagan.