News And Announcements
Directa Plus successfully completes Grafysorber tests at OMV Petrom
Producer and supplier of graphene-based products for use in consumer and industrial markets, Directa Plus, announced the successful completion of industrial field testing of Grafysorber at an oil treatment plant of OMV Petrom - a Romanian integrated oil and gas company and one of the largest in Southern Europe - on Monday.
UK new homes smaller than those built before WW2
British houses have never been smaller with the average housing space being smaller than of homes built before the Second World War, new research published on Monday has shown.
Due date for Kubera disposal extended to end of May
Kubera Cross-Border Fund announced on Monday that, further to its announcement in late December and under the terms of a share purchase agreement dated last March, the long stop date for the disposal of the entire equity stake held in Planetcast Media Services has been further extended to 30 May.
Location Sciences completes work programme for Wren Kitchens
Mobile location and data intelligence company Location Sciences Group announced the completion of its first programme of work under the Google Location Services Provider (LSP) certification for Wren Kitchens on Monday.
AfriTin signs memorandum of understanding with MRI Trading
AfriTin Mining announced the signing of a non-binding memorandum of understanding with MRI Trading on Monday, for an artisanal buying operation for tin concentrate in Namibia.
Halozyme Therapeutics ends collaboration agreement with Abzena
AIM-listed life sciences group Abzena said on Monday that its collaboration and licence agreement with Halozyme Therapeutics relating to the use of its ThioBridge linker technology for the development of antibody drug conjugate products has been terminated.
CIP completes first investment in Coro Energy
CIP Merchant Capital announced on Monday that, following Coro Energy’s announcement earlier in the day noting its readmission to trading on AIM and the completion of its acquisition of Sound Energy Holdings Italy, and its associated placing in which CIP participated, it had now completed its first investment.
LightwaveRF anticipating bigger loss as it undergoes restructure
Smart home solutions provider LightwaveRF updated the market on its trading for the six months ended 31 March on Monday, reporting that it expected first half revenue to be broadly in line with the prior year, which was £1. 2m, with gross margin increasing to over 40% from 39. 4%.
Strat Aero invests £0.25m in Gyrometric Systems
AIM-listed Strat Aero has agreed to buy 37% of the enlarged share capital of Gyrometric Systems for £0. 25m in cash.
London stocks hit by regulatory news glitch
Investors were denied their usual hit of company news on Monday as the London Stock Exchange Group's regulatory news service was choked off by a technical hitch.
Deutsche Bank dismisses boss John Cryan after three years of losses
Deutsche Bank announced it has sacked its chief executive John Cryan after three years of reporting losses.
Russian stocks hammered as US unveils sanctions
Washington decided at the weekend to take aim at several publicly-traded Russian companies in protest over the Moscow's actions for the first time, sending their shares crashing and a key gauge of the country's stocks to its biggest drop in just over four years.
AFH completes acquisition of Lifetime Investment and Seminar Services
Planning-led wealth management firm AFH Financial Group announced the completion of the acquisition of the client portfolios of Lifetime Investment and Seminar Services based in South Yorkshire on Monday.
OneView signs SaaS agreement with Australia Post
OneView Group, an AIM-listed provider of digital point of sale (POS), has signed a multi-year SaaS agreement with Australia Post for its loud POS framework and enterprise promotions module, to support a mobile point of sale solution.
French Connection offloads Toast brand in £23m deal
French Connection Group, together with Jamie and Jessica Seaton, have entered into an agreement conditional upon French Connection shareholder approval to sell the entire issued share capital of Toast Mail Order to Bestseller United for gross proceeds of £23. 3m, the group announced on Monday.
Ariana Resources upbeat on resource upgrade at Tavsan
Exploration and development company Ariana Resources announced a JORC resource update for the Tavsan Project on Monday.
Cora Gold completes full reconnaissance drill programme at Tekeledougou
West Africa-focussed gold exploration company Cora Gold has completed the first reconnaissance drill programme at the highly prospective Tekeledougou Gold Project in southern Mali, it announced on Monday.
Curtis Banks promotes Jane Ridgley to COO
AIM-listed financial services company Curtis Banks has promoted Jane Ridgley from the role of chief services officer to chief operating officer.
888 Holdings appeals German court decision
888 Holdings updated the market on its ongoing litigation in Germany on Monday, having previously reported that one of its subsidiaries was the subject of a ruling on appeal by the German Federal Administrative Court, which upheld an order prohibiting the provision of online gaming services in the German state of Baden-Württemberg.
WPP's shortlist and break-up stories lift shares
News that WPP has taken steps to prepare for life after chief executive Sir Martin Sorrell and that investors are pushing for asset sales combined to lift shares in the advertising giant on Monday morning.