News And Announcements
FCA investigates Interserve over insider information
The City watchdog's enforcement division has launched an investigation into Interserve's handling of inside information and its disclosures to the market over its troublesome exit from the energy-from-waste business.
Echo Energy confirms no exposure to Argentine interest rate rise
Latin America-focussed upstream oil and gas company Echo Energy issued an update noting the current economic situation in Argentina, specifically the domestic interest rate that was recently increased to 40%, on Friday.
Clear Leisure confirms more details around share purchase breach claim
Clear Leisure updated the market on its legal claim over a breach of a share purchase agreement on Friday, following its announcement on 2 May that it had issued a claim in the High Court in London, arising from a breach of a share purchase agreement.
Canaccord upgrades Rathbones after share price weakness
Canaccord Genuity upgraded Rathbone Brothers to ‘buy’ from ‘hold’ on Friday following recent share price weakness.
Regulators fine Barclays CEO £650,000 and impose new controls
City regulators have fined Barclays chief executive Jes Staley almost £1m over his efforts to unmask a whistleblower at the bank.
John Wood Group sees trading pick up in first quarter
Energy services company John Wood Group saw trading momentum pick up across its business throughout the first quarter of its trading year, leading the group to confirm its 2018 outlook.
ZPG agrees £2.2bn takeover by US private equity firm Silver Lake
Zoopla and PrimeLocation owner ZPG has agreed to be bought by US private equity firm Silver Lake Management for 490p per share in cash, or £2. 2bn.
Bailey out, Lamb in as finance chief at Midwich
Specialist audio visual and document solutions distributor Midwich announced on Friday that, as part of a review of succession plans for the role of group finance director, Anthony ‘Tony’ Bailey would step down from that role and from the board on 30 June.
Thalassa seeking capital for Autonomous Robotics as it buys back more shares
Thalassa updated the market on its trading on Friday, reporting that its subsidiary Autonomous Robotics’ prototype autonomous underwater vehicle had successfully concluded tethered underwater tests, and would be undergoing autonomous underwater tests in the near future.
Lionsgold shares suspended as company undergoes 'fundamental change'
Lionsgold’s ordinary shares were suspended from trading with effect from 0730 BST on Friday, the company has confirmed.
Bowleven confirms arrival of Topaz-Driller rig in Cameroon
Africa-focussed oil and gas exploration group Bowleven announced the arrival of the Topaz-Driller rig in to Cameroon waters on Friday.
Nostra Terra starts third Permian Basin well
Oil and gas exploration and production company Nostra Terra announced the start of drilling of its third well in the Permian Basin, in Mitchell County, Texas on Friday.
Crawshaw appoints new CEO and CFO
AIM-listed value butcher Crawshaw announced the appointment of a new chief executive and new chief financial officer on Friday.
Npower to hike energy bills for one million customers
Big six energy retailer npower announced a major price increase on Friday, taking its typical dual fuel annual energy bill up by an average of 5. 3% or £64, across all payment types.
Totally's Vocare has NHS contract renewed
AIM-listed Totally, which provides a range of out-of-hospital services to the healthcare sector, said on Friday that its wholly-owned subsidiary Vocare has renewed a contract with Northumbria Healthcare NHS Foundation Trust worth around £1. 2m a year.
Board cheers 'outstanding year' at 3i Infrastructure
3i Infrastructure announced 28. 6% total return on its operating net asset value for the year ended 31 March in its final results on Friday, as well as a 10% increase in the target dividend for the 2019 financial year to 8. 65p per share.
Carpetright secures £15m loan from shareholder
Ahead of its planned £60m equity placing next week, embattled retailer Carpetright said on Friday that it has agreed a £15m unsecured loan from its biggest shareholder, Meditor.
AstraZeneca's respiratory biologic drug fails COPD trial
AstraZeneca's late-stage Galathea trial for its first respiratory biologic drug failed to meet its primary goal in treatment of chronic obstructive pulmonary disease.
BBA Aviation revenues up 9.7%; sees FY in line
BBA Aviation said its trading performance in the first quarter of 2018 remained in line with expectations, with revenue for the period up 9. 7% year-on year, adding it expected to meet full year expectations.
Paragon Banking appoints Fiona Clutterbuck as chairman
Paragon Banking Group said on Friday that it has appointed senior independent director Fiona Clutterbuck as its new chairman with effect from 10 May, succeeding Bob Dench.