News And Announcements
MPs accuse big pub cos of 'gaming system' over tenants rights
A cross-party parliamentary committee has written to business minister Richard Harrington accusing pub companies of "gaming the system" and flouting rules on tenants rights.
Hardide brings in Mark Hanania as oil, gas and energy market takes off
Advanced surface coating technology provider Hardide has appointed Mark Hanania as its business development engineer based in Houston, to help drive growth in the oil, gas and energy sectors throughout North America.
Bank of Georgia declares interim dividend of GEL 2.44 a share
Bank of Georgia Group on Monday declared an interim dividend of 2. 44 Georgian Lari (75p) per ordinary share for the period ended 30 June 2018.
Co-operative Bank appoints ex-Lloyds banker as new CEO
The Co-operative Bank has appointed Andrew Bester, former group director and chief executive of the commercial banking division at Lloyds Banking Group as the new CEO.
Marks & Spencer won't provide trading update at AGM
Marks & Spencer has told analysts not to expect a first-quarter trading update alongside the group's shareholder meeting on Tuesday.
Mothercare to close 60 stores; seeks £32m from shareholders
Mothercare on Monday went cap-in-hand to shareholders in an effort to raise £32. 5m through a one-for-one placing and open offer at 19p a share as it revealed it was now shutting 60 shops instead of the 50 originally earmarked.
Alibaba in talks with BT Group over possible cloud partnership
BT Group is in talks with Alibaba over a cloud services partnership that would help the Chinese digital giant enter into European markets with a challenge to part of Amazon's business.
N4 Pharma's Viagra reformulation fails to meet trial targets
Specialist pharmaceutical company N4 Pharma announced the initial findings from analysing the preliminary results of the pharmacokinetic data from its clinical trial for the reformulation of sildenafil - commonly known and sold as ‘Viagra’ - on Monday.
Two Shields pours £0.15m into WeShop
Two Shields Investments announced a £0. 15m strategic investment in digital social network platform WeShop on Monday.
Gateley Holdings taking over Kiddy & Partners
Professional services group Gateley Holdings announced the acquisition of Kiddy & Partners - an assessment, talent management and leadership development consultancy - on Monday.
Residential Secure Income becomes registered social housing provider
Residential Secure Income announced on Monday that, through its wholly-owned subsidiary ReSI Housing, it has become the first publicly-listed investment fund to become a registered provider with the Regulator of Social Housing.
Veltyco confirms it won't be acquiring BTTY
Veltyco updated shareholders on its potential acquisition of Ruleo Alpenland, a company that operates the BTTY branded sportsbook in Germany and Austria, on Monday.
Legendary Investments swings to profit
Legendary Investments updated the market on its trading, ahead of its figures for the year ended 31 March on Monday, reporting that investments were up 46. 5% to £6. 2m for the year.
Hikma agrees MENA deal to distribute Perrigo's OTC products
Hikma Pharmaceuticals has signed a licensing and distribution agreement to distribute more than 30 of Perrigo's over-the-counter consumer healthcare products in the Middle East and North Africa.
Irish Continental says repairs to Dublin-Holyhead ferry taking longer
Irish Continental Group said on Monday that the Ulysses, operated by its subsidiary Irish Ferries on the Dublin-to-Holyhead route, reported technical difficulties with its starboard controllable pitch propeller on 24 June.
BT prepares sale of City of London headquarters
BT Group is preparing to sell off its London headquarters in St Paul’s after almost 150 years in as part of its operations rejig that aims to cut £1. 5bn of costs within three years.
Sirius Minerals signs handling deal with Redcar Bulk Terminal
Sirius Minerals said it had signed a materials handling agreement and lease with Redcar Bulk Terminal to provide port and ship loading services for up to 10m tonnes of fertiliser a year.
Unite Group valuations march higher ahead of new academic year
Student accommodation manager and developer, the Unite Group, issued its quarterly property valuation of the Unite UK Student Accommodation Fund (USAF) and the London Student Accommodation Joint Venture (LSAV) as at 30 June on Monday, reporting that USAF's property portfolio was independently valued at £2. 32bn, representing a like-for-like increase of 1. 2% during the quarter.
Stobart Group chairman Ferguson remains in place, Tinkler re-booted
Stobart Group revealed that chairman Iain Ferguson received just enough votes at Friday's shareholder meeting to remain in his position.
Gold production down a quarter at Centamin's Sukari project
Centamin announced preliminary production results for the second quarter ended 30 June from its Sukari Gold Mine in Egypt on Monday, reporting that gold production for the period was 92,803 ounces, a 25% reduction year-on-year.