News And Announcements
Vodafone agrees first partnership in North Africa
Telecommunications conglomerate Vodafone on Friday entered into a collaboration agreement with Tunisie Telecom, the first partnership of its kind for the British telecom giant in North Africa.
KCR Residential raising £3.1m through share issue
KCR Residential announced on Friday that it intended to issue around £3. 1m by way of an issue of ordinary shares at, or credited as fully paid at, 70p per ordinary share.
Minds + Machines launches batch of new domains into China
Internet top-level domain operator Minds + Machines Group has received approval from MIIT - the Chinese regulator - for the future release of a new batch of top-level domains (gTLDs) into China - . fashion, . fit, . yoga and . luxe.
Creo Medical Group raises up to £48.5m in placing
Medical device company Creo Medical Group has conditionally raised up to £48. 5m before expenses, it announced on Friday, by way of three share placings by Cenkos Securities at 125p per ordinary share.
Inspired Energy tops sector index in first quarter
Inspired Energy was celebrating on Friday, after energy consultancy Cornwall Insight ranked it as the leading third party intermediary in the industrial and commercial sector index rankings for the first quarter.
Providence completes farm-out of part of licence to Total
Ireland-based oil and gas exploration company Providence Resources updated the market on Frontier Exploration Licence (FEL) 2/14 on Friday, confirming that, having received approval from the Minister of State at the Department of Communications, Climate Action and Environment, the farm-out comprising the assignment of 35% equity and transfer of operatorship of the licence to Total E&P Ireland had now completed.
SolGold makes good drilling progress at Cascabel
SolGold updated the market on drilling programs at Alpala and Aguinaga, at its Cascabel project in Northern Ecuador on Friday, reporting that extension drilling at the Alpala Central 'high-grade core’ was expected to extend the high-grade mineralisation along the lower and northeast margins of the deposit.
Disney must extend £14 offer to Sky shareholders, watchdog says
Disney must extend its offer to Sky shareholders in order to ensure minority shareholders benefit equally to major shareholder 21st Century Fox, the UK Takeover Panel has ruled.
Prospex upbeat on work programme at Tesorillo
Prospex Oil and Gas updated the market on the ongoing work programme to test known gas bearing sandstone sequences at the Tesorillo Project in the Cadiz Province of southern Spain on Friday.
US consumer sentiment dips in July amid trade war woes
Consumer sentiment in the US deteriorated in July amid trade war concerns, according to a preliminary reading from the University of Michigan.
Tristel sees full-year results in line, 'strong' growth across business
Tristel, which manufactures infection prevention products, said on Friday that results for the year to 30 June will be in line with expectations, with strong growth across the business.
SafeCharge hails 'strong' first half on new client wins
AIM-listed payments technology company SafeCharge hailed a solid first-half on Friday on the back of new client wins.
Next Fifteen buys TAG for up to £3.6m
Digital communications group Next Fifteen has acquired specialist technical content and digital marketing business Technical Associates Group (TAG) for up to £3. 6m, in a deal that is expected to be earnings-enhancing in the year to 31 January 2019.
Akastor sees solid revenue growth in second quarter
Akastor posted its second quarter results on Friday, reporting revenue of NOK 873m, with growth of 25% from the previous year’s continuing operations, which saw revenue of NOK 1. 153bn, though that was inclusive of AKOFS Offshore.
EU approves Ryanair's acquisition of LaudaMotion
Ryanair has received unconditional approval from the European Commission to bump up its stake in Austrian low-cost carrier LaudaMotion from 24. 9% to 75%.
Marlowe announces £20m placing to support growth strategy
Support services group Marlowe has announced a placing to raise around £20m to support its acquisition-led growth strategy.
Demand for digital Domino's ordering drives growth at DP Eurasia
DP Eurasia updated the market on its trading for the six months ended 30 June on Friday, reporting continued top-line growth amid “strong” digital engagement.
The Works aims to offer value with £65m London IPO
Value retailer The Works hopes to raise £62. 2m, split between the business and selling shareholders, in an initial public offer on the London Stock Exchange's main market.
Hays sees full-year operating profit ahead of market expectations
Recruiter Hays posted a rise in net fees for the final quarter of the year on Friday and said it expects full-year operating profit to be "marginally" ahead of current consensus market expectations.
International Personal Finance sees 2018 profit 10% ahead of consensus
Shares in International Personal Finance rallied on Friday after the doorstep lender said 2018 profit is expected to come in ahead of current consensus.