News And Announcements
Amigo Holdings profits jump as customer numbers grow
FTSE 250 lender Amigo Holdings, which charges interest rates of 49. 9%, posted a jump in full-year adjusted profit on Tuesday as customer numbers grew.
Aviva plans potential split of UK business
New Aviva chief executive Maurice Tulloch is reportedly planning to split the company’s UK business in two parts.
Byotrol hires Nic Hellyer as CFO on a part-time basis
Anti-microbial technology company Byotrol announced the appointment of Nic Hellyer as its chief financial officer and executive director on Tuesday, with immediate effect.
Tertiary Minerals invests in promising Pyramid Mining District of Nevada
Tertiary Minerals has secured exploration rights and an option to purchase a group of claims in the Pyramid Mining District of Nevada, it announced on Tuesday.
Toople raises money to repay loan at significant discount
Small business telecoms specialist Toople has raised gross proceeds of £0. 66m from the placing of 189,208,896 new ordinary shares at a price of 0. 35p per share, it announced on Tuesday.
Frontier IP investment completes initial trials of raspberry-picking robot
University intellectual property commercialisation specialist Frontier IP Group announced on Tuesday that its portfolio company, Fieldwork Robotics, has completed initial field trials of its robot raspberry harvesting system.
Diurnal Group launches placing and open offer to fund drug development
Specialty pharmaceutical company Diurnal Group announced a conditional placing of new ordinary shares in the company and the launch of an open offer on Tuesday, in order to raise funds to progress the development and commercialisation of its products.
Comptoir Group says trading in line, sales ahead of last year
Comptoir Group, the owner of the Comptoir Libanais restaurant chain, said on Tuesday that it continues to trade in line with management's expectations.
Silence Therapeutics enters into collaboration with Genomics England
Novel therapeutics developer Silence Therapeutics has entered into a collaboration with Genomics England for the investigation of novel targets involved in human disease, it announced on Tuesday.
Asiamet to progress with strategy after ASIPAC investment
Asiamet Resources announced a $2m private placement to key shareholder ASIPAC on Tuesday, and proposed that an ASIPAC representative would join its board as a non-executive director, effective 1 July.
Novo Holdings pours £53.5m into Oxford Biomedica
Gene and cell therapy company Oxford Biomedica announced on Tuesday that Novo Holdings has agreed to invest up to £53. 5m in the group, in return for new ordinary shares representing up to 10. 1% of the outstanding shares after the capital increase.
Chain division boosts profits at Renold
Renold posted a rise in full-year operating profit and revenue on Tuesday thanks to strong growth in its chain division.
Flybe CEO Ourmieres-Widener to step down in July
Flybe said on Tuesday that chief executive officer Christine Ourmieres-Widener will step down from the company on 15 July.
UK mortgage approvals hit highest level since February 2017
UK mortgage approvals rose to their highest level in April since February 2017, according to data released by UK Finance on Tuesday.
Galliford Try rejects £950m bid from Bovis Homes
Galliford Try said it had rejected a £950m bid from home builder Bovis as the offer was not in the interests of all shareholders.
SDX Energy re-domiciles Canada company under SDX UK
SDX Energy announced on Tuesday it has completed a re-domiciliation transaction under a statutory plan of arrangement, under which SDX UK has become the ultimate parent company of SDX Canada and its subsidiaries.
Revenue and profits rise as Kainos positions for further growth
Digital service and platform provider Kainos Group described a “strong performance”, representing the ninth consecutive year of growth in revenue and adjusted pre-tax profit delivered organically in its preliminary results on Tuesday.
Bunzl taps Peter Ventress to replace long-time chairman
Distribution and services firm Bunzl appointed Peter Ventress to its board on Tuesday as a non-executive director and chairman designate.
Proton Power prepares for anticipated demand with stack manufacturing robot
Fuel cell and electric hybrid systems developer Proton Power Systems announced on Tuesday that, following the recent conclusion of cooperation and partnership agreements and “clear signs” that industry demand for hydrogen fuel cells was rapidly increasing, it was now installing a stack manufacturing robot.
M&G Investments to reject NSF's hostile bid for Provident Financial
M&G Investments will reject Non-Standard Finance's £1. 3bn hostile takeover bid for larger rival Provident Financial.