News And Announcements
Barclays to move 50 UK jobs to Frankfurt ahead of Brexit
Barclays is planning to move roughly 50 UK investment banking roles to Frankfurt to continue its business within the European Union after Brexit.
7,000 UK estate agents risk going insolvent
More than 7,000 UK estate agents are showing signs of financial distress and could risk following the path of 153 estate agents who went insolvent in 2017, a new study has found.
Stobart calls on shareholders as Tinkler plots comeback
Stobart Group confirmed on Monday that axed former boss Andrew Tinkler had pledged to put himself up for re-election.
StatPro acquires ODDO BHF risk services division
Cloud-based portfolio analysis and asset pricing services provider StatPro Group has acquired ODDO BHF’s regulatory risk services bureau for an undisclosed sum in cash, it announced on Monday.
Chemring wins two contracts worth $42m
Chemring's US subsidiary Chemring Countermeasures has been awarded two contracts worth around $42m.
Corero secures $0.5m contract with unnamed American client
Corero Network Security announced a $0. 5m order for its new ‘100G SmartWall Threat Defense System’ technology with an unnamed North American service provider on Monday.
SRT enters into OEM agreement with Japan's JRC
Maritime management and surveillance systems provider SRT Marine Systems has entered an original equipment manufacturer (OEM) partnership agreement with Japan Radio Corporation of Japan, it announced on Monday.
U+I wins masterplanner status at Cambridge development
Specialist regeneration developer and investor U+I has been appointed as masterplanner and promoter to transform the current water recycling centre in north Cambridge into a major residential-led mixed-use urban quarter, it said on Monday.
Consort Medical doubles down on rhetoric after Carclo rejects bid
Consort Medical announced on Monday that, following a meeting between itself and Carclo on 25 May, it submitted a letter on 29 May setting out a non-binding proposal for a potential acquisition of Carclo.
Lionsgold makes progress with 'GOLDBLOC' gold currency
Lionsgold updated the market on the development of its gold currency ‘GOLDBLOC’,on Monday, reporting that the GOLDBLOC mobile phone banking app was now ready for a live test environment.
Shares suspended as 7digital misses annual report deadline
Digital music company 7digital Group announced on Monday that it has not been able to publish its audited annual report and accounts for the year ended 31 December by 30 June as required by Rule 19 of the AIM Rules for Companies.
Premier Foods backs CEO after Oasis attempt to oust him
Mr Kipling and Bisto owner Premier Foods hit back at major shareholder Oasis Management after it tried to oust chief executive officer Gavin Darby, who has been in the role since 2013.
Plus500 bumps up full-year expectations again
Online trading platform Plus500 said on Monday that it has "materially" increased its expectations for the year to the end of December 2018 following a strong performance in the second quarter.
Suppliers shake as Tesco plans buying alliance with France's Carrefour
Tesco has agreed to form a alliance with French supermarket peer Carrefour to group their buying power together to squeeze prices even lower in the face of competition from discounters such as Lidl and Aldi.
Micro Focus agrees sale of SUSE business for $2.5bn
Micro Focus has agreed to sell its SUSE software business to Swedish private equity group EQT for $2. 5bn in cash.
Purplebricks breaks into Canada with £29m acquisition
Online estate agent Purplebricks has agreed to buy Canadian real estate group DuProprio/ComFree (DPCF) for C$51m (£29. 3m) in cash.
Sirius Minerals makes good progress at Woodsmith
Sirius Minerals issued its quarterly update to shareholders on Monday, reporting that its main project at Woodsmith remained “on track” to deliver first polyhalite and commercial production on time.
BBA Aviation completes EPIC acquisition after government approval
Aviation support and aftermarket service provider BBA Aviation has completed its acquisition of EPIC Aviation on terms it had previously announced, the company confirmed on Monday, having received the necessary governmental and regulatory approvals.
Court rules in Energean's favour in Greek tax dispute
Oil and gas exploration and production company Energean Oil and Gas announced on Monday that the Athens Administrative Court of Appeal has ruled in its favour in its final decision on the appeal against certain tax and transfer pricing penalties.
UK Commercial Property Trust now an REIT
The company formerly known as UK Commercial Property Trust confirmed on Monday that its REIT conversion was now complete on Monday.