News And Announcements
Globalworth Real Estate buys Polish office building
Globalworth Real Estate, an office investor in Central and Eastern Europe, has announced the acquisition of Spektrum Tower in Warsaw for €101m, which will be funded from existing cash resources.
Minoan secures extension to debt facility with Hillside
AIM-listed Minoan Group has secured an extension to its debt facility with Hillside to allow time for the sale of its travel business to be completed.
Portmeirion sales rise in first half
Homewares manufacturer and distributor Portmeirion updated the market on its trading for the first half of the current year on Thursday, reporting that group sales were up 11% for the six months ended 30 June, compared to the same period last year.
Gamma Communications pleased with first-half performance
Technology and communications services provider Gamma Communications updated the market on its trading for the six months ended 30 June on Thursday, reporting that it had continued to perform well through the first half.
Battle for Sky hots up as Comcast lifts offer; government clears Fox takeover
The battle for Sky stepped up a notch after US media giant Comcast raised its bid for the London-listed broadcaster, while the UK government cleared a takeover by Fox.
DFS warns on profits, blames hot weather
DFS Furniture issued a profit warning on Thursday, blaming the recent hot weather for a drop in orders.
Braveheart won't participate in £4m Paraytec fundraising
Fund management and strategic investor group Braveheart Investment Group noted on Thursday that Paraytec has engaged an adviser to raise £4m of equity fundraising, in order to fund the further development, regulatory approval and commercialisation of its urine test for the detection and monitoring of bladder cancer.
Pantheon sees some valuation gains at year-end
Pantheon International updated the market on its performance in May on Thursday, reporting an unaudited net asset value per share at the end of the month of 2,414. 8p - a 5% increase over the end of April.
Primary Health Properties funds suburban Dublin healthcare centre
Healthcare facilities investor Primary Health Properties has contracted to fund and acquire a significant purpose-built primary care centre in the Republic of Ireland.
ESCO Corporation folds into Weir Group
Weir Group has completed the acquisition of ESCO Corporation, it announced on Thursday morning, effective as of the announcement.
GCP Infrastructure announces assignment of leases on 24 supported living units
GCP Infrastructure Investments updated the market on the loan note to Supported Living Infrastructure, secured against a portfolio of 24 residential properties, which it had said it was exposed to at the end of March.
Windar Photonics raises £2.2m ahead of increased capital requirements
Generating turbine LiDAR wind sensor technology company Windar Photonics has raised £2. 23m before expenses, it announced on Thursday, by way of a subscription for 2. 7 million ordinary shares at 82. 5p.
Hargreaves Services successfully courts Henry Boot's David Anderson
Industrial and property sector services group Hargreaves Services announced the appointment of David Anderson as group property director on Thursday.
Computacenter sees 2018 results 'comfortably in excess' of previous expectations
Computacenter said on Thursday that 2018 results are likely to be "comfortably in excess" of the expectations it set out in its first quarter trading update following a strong start to the year.
Renewi sees trading in line; to start reporting in euros
International waste business Renewi said first quarter trading was in line with expectations as merger synergy and integration projects progressed well, placing the company on track to deliver €30m in full year savings.
Capita wins contract to manage primary school tests, sells ParkingEye
Capita has been awarded a contract by the UK Department for Education's testing arm to manage all primary school national curriculum assessment tests in England, and separately has sold its parking management business for £235m.
Interserve wins contract for King George Hospital in Redbridge
Support services and construction group Interserve has been awarded a five-year contract worth £35m to deliver total facilities management services for the Barking, Havering & Redbridge University Hospitals NHS Trust, it announced on Thursday.
Xaar creating 3D printing joint venture with Stratasys
Xaar announced on Thursday that it would invest, along with Nasdaq-listed additive manufacturing company Stratasys, in a newly-formed company ‘Xaar 3D’, to develop 3D printing solutions based on high-speed sintering technologies.
B&M European Value grows 21% in first quarter
B&M European Value Retail got off to a strong start to its financial year, as the discount retailer showed how it is outperforming the rest of the high street.
Premier Oil says H1 production averages 76,000 barrels
Premier Oil said it averaged production of 76,000 barrels a day (boepd) in the first half as it maintained full year guidance of 80,000-85,000 boepd.