News And Announcements
Rio Tinto scrambles to adapt after US sanctions hit partner Rusal
Global mining group Rio Tinto said on Friday that it is reviewing arrangements with Russian companies impacted by US sanctions.
Norwegian chief says no plans to sell to IAG
Norwegian Air Shuttle chief Bjorn Kjos said on Friday that the low-cost carrier wasn't for sale and that he had not spoken to anyone from International Consolidated Airlines Group, IAG's holding company.
Volga Gas revenues fall as its reserves shrink
Oil and gas exploration and production group Volga Gas issued its preliminary, unaudited annual results for the year ended 31 December on Friday, with sales volumes down 28. 3% to 4,677 barrels of oil equivalent per day (boepd).
Trakm8 positive about future as it continues to narrow its core focus
Telematics and data supplier Trakm8 Holdings updated the market on its trading for the financial year ended 31 March on Friday, reporting 26% growth in its core solutions business to £26. 9m, which drove 13% year-on-year headline revenue growth to more than £30m.
Greenstone investment in Serabi Gold completes
Serabi Gold announced on Friday that the share subscription by Greenstone Resources, as announced on 23 March, has been completed.
Live Company launches division to take LEGO shows on tour
Live Company Group announced the debut of a new division on Friday - BRICKLIVE Touring - which it said would take themed ‘BRICKLIVE’ shows on tour.
Mondi assessing potential investments after S&P upgrades
Packaging and paper company Mondi is considering its options to expand the Stambolijski mill in Bulgaria.
Savannah Resources implements incentive plan for executives and management
Resource development company Savannah Resources announced on Friday that, upon the recommendation of its remuneration committee, it has approved the implementation of a long-term incentive plan prepared with advice from KPMG, and designed to incentivise its executive directors and other members of the senior management team.
Burberry appoints Gerry Murphy as chairman
Luxury fashion brand Burberry has appointed former Kingfisher and Greencore chief executive Gerry Murphy as its new chairman, as John Peace leaves the group after 16 years.
Real Good Food to sell Garretts to Kent Foods for £1.8m
AIM-listed Real Good Food has agreed the sale of the business and certain assets of its non-core trading business, Garretts, to Kent Foods for around £1. 8m in cash.
Crimson Tide turnover surges as it continues to invest in growth
Business mobility solutions provider Crimson Tide issued its unaudited preliminary results for the year ended 31 December on Friday, with turnover rising 22% to £2. 28m.
Hammerson tumbles as Klepierre ditches its pursuit
French real estate investment trust Klepierre does not intend to make an offer for Hammerson after its second approach to the UK shopping centre owner was rebuffed.
Totally's Vocare wins four-year contract with Virgin Care
AIM-listed Totally, a provider of out-of-hospital services to the UK healthcare sector, said on Friday that its subsidiary, Vocare, has been awarded a four-year contract with Virgin Care.
DekelOil notes soft first quarter after bumper low season
DekelOil Public, the operator and 100% owner of the vertically-integrated Ayenouan palm oil project in Côte d'Ivoire, announced its quarterly production of crude palm oil for the three months ended 31 March on Friday.
Amur ready for busy field season at Kun-Manie
Nickel-copper sulphide mineral exploration and resource development company Amur Minerals Corporation has completed the full restock and mobilisation of all machinery, spares and supplies for completion of its 2018 field season on its Kun-Manie nickel copper sulphide project, located in the far east of Russia, it announced on Friday.
Echo Energy upbeat on latest progress at Fraccion D
Latin America-focussed upstream oil and gas company Echo Energy announced gas to surface on the first well of its three-well workover campaign at its Fracción D asset, onshore Argentina on Friday.
Zenith Energy terminates exclusivity for Central Asia licence acquisitions
Azerbaijan-focussed oil and gas production company Zenith Energy announced the termination of its exclusivity agreement for the acquisition of various production and exploration licences located in an unnamed Central Asian country on Friday.
Altitude Group appoints Graeme Couturier as CFO
AIM-listed Altitude Group has appointed Graeme Couturier as its new chief financial officer.
Sage slides as it cuts full-year revenue growth guidance
Sage Group tumbled on Friday as it cut its full-year guidance to reflect "inconsistent operational execution".
Rolls-Royce faulty engines to cost company even more
Rolls-Royce updated the market on the ongoing Trent 1000 engine in-service issues on Friday, having outlined its management of the issues and the estimated costs relating to implementing its solutions in its full-year results in early March.