News And Announcements
Gambling firms pledge £100m to forestall government crackdown
The UK’s biggest bookmakers offered the government £100m in funds to tackle problem gambling in an attempt to forestall a crackdown on their industry.
Ocado slips as high-speed grocery delivery demand faces scrutiny
Ocado's shares slipped on Friday after a report from industry website The Grocer questioned the value of high-speed grocery delivery services and the online supermarket sold its Fabled by Marie Clare fashion retailer.
Rio Tinto downgrades iron ore guidance again
Rio Tinto has downgraded its full-year iron ore shipments guidance due to mine operational challenges.
Goals Soccer rejects Sports Direct's calls for further accounting probe
Five-a-side football pitch operator Goals Soccer Centres responded on Wednesday after Sports Direct demanded that the company hire a corporate investigator of its choice to look into a series of accounting issues that led to the suspension of its shares.
Berkeley Group anticipates further decline in profits, but cash piling up
Profits at Berkeley Group declined by less than expected last year, with the company continuing to build up its cash position and adding to its landbank.
Myanmar Investments shareholders reject takeover proposal
Myanmar Investments International updated the market on Myanmar Strategic Holdings’ potential takeover of the company on Wednesday, following its announcement earlier in the week that its board was unanimously rejecting the indicative proposal.
Inspired Energy enjoys 'strong' start to year
Energy procurement consultancy Inspired Energy told shareholders on Wednesday that it had enjoyed a “strong” first half of the year, as it continued to deliver on its stated growth strategy, trading in line with the board's expectations.
MC Mining signs off-take agreement with ArcelorMittal South Africa
MC Mining announced the completion of a “major milestone” on Wednesday, with the signing of an off-take agreement with ArcelorMittal South Africa (AMSA).
Echo Energy completes 3D seismic data acquisition at Tapi Aike
Latin America-focussed upstream oil and gas company Echo Energy announced the completion of the 3D seismic survey across the western cube on its Tapi Aike licence in Argentina on Wednesday, with processing of the data having now commenced.
Infrastructure India draws down another $20m for DLI facility work
Infrastructure India has drawn down a further $20m (£16m) under its financing with IIP Bridge Facility, it announced on Wednesday.
Sunrise Resources offloads holding in Block Energy
Sunrise Resources has sold its shareholding in Block Energy, it announced on Wednesday.
Caspian Sunrise pleased with progress at BNG asset
Caspian Sunrise updated the market on operations at its flagship BNG asset on Wednesday, following its announcement that the interval of interest at Deep Well A8 extended 110 metres from a depth of 4,346 metres.
Quartix investment in fleet business paying off in first half
Subscription-based vehicle tracking company Quartix Holdings updated the market on its trading on Wednesday, reporting that it was expecting to report revenue, adjusted EBITDA and free cash flow for its first half of approximately £12. 6m, £3. 5m and £3. 0m, respectively.
Saga trading in line as 'challenging headwinds' continue
Saga on Wednesday reported that overall trading has been broadly on track since the beginning of February, although the company continues to face strong headwinds in both travel and insurance as it implements the new strategy announced in April .
CYBG confirms Virgin Money name change amid further cost-cutting
CYBG on Wednesday said it will change its name to Virgin Money UK PLC before the end of the year as it outlined further cost-cutting objectives.
Blackbird inks major video platform deal with A+E Networks
Cloud video platform provider Blackbird has agreed a “significant” six-figure, multi-year deal with US-based television broadcaster A+E Networks.
Blue Prism to buy Thoughtonomy for up to £80m; posts rise in H1 revenue
Blue Prism said on Wednesday that it has agreed to buy cloud services company Thoughtonomy for up to £80m as it posted an 82% rise in first-half revenue.
Reabold Resources updates market on plans for West Newton A-2 well
Upstream oil and gas investment company Reabold Resources updated the market on the initial drilling results of the West Newton A-2 appraisal well on Wednesday.
Futura Medical recruits 1,000 patients for erectile treatment trial
Pharmaceutical company Futura Medical announced the completion of patient recruitment for the first European phase 3 study of MED2005, ‘FM57’, on Wednesday, adding that it remained on track to deliver headline data by the end of 2019.
Gillian Wilmot to chair Zoo Digital board
Cloud-based entertainment localisation and digital distribution provider Zoo Digital Group announced the appointment of Gillian Wilmot to the board as its new chairman on Wednesday, with effect from 1 July.