News And Announcements
Flutter Entertainment surges on buyout speculation
Shares of Flutter Entertainment - formerly Paddy Power Betfair - surged on Wednesday, with traders pointing to speculation about a possible buyout.
BT sees positive impact on earnings from IFRS 16
BT said on Wednesday that the adoption of the IFRS 16 accounting rules is expected to have a positive on its 2020 earnings.
Thor Mining outlines plans for Jervois Vanadium Project
Thor Mining advised the market of a plan to further advance exploration of, and assess potential development options for, the Jervois Vanadium Project in the Northern Territory of Australia on Wednesday.
Anglo African Oil receives commitments to raise £8.25m
Independent developer Anglo African Oil & Gas has received commitments to raise up to £8. 25m through the issuance of new ordinary shares at a price of 5. 2p each, it announced on Wednesday.
Arbuthnot acquires two UK mortgage portfolios
Arbuthnot Banking Group announced on Wednesday that its subsidiary, Arbuthnot Latham, has agreed the purchase of a residential mortgage portfolio for a cash consideration of about £258m, which would be subject to adjustment for the final loan balances at completion.
Rainbow Rare Earths to raise $5m to progress production growth
High-grade rare earth producer Rainbow Rare Earths announced a proposed placing by way of an accelerated bookbuild to raise a minimum of $5m net of expenses on Wednesday.
PureTech's Karuna Therapeutics closes $102.6m IPO
Biopharmaceutical company PureTech Health announced on Wednesday that its affiliate Karuna Therapeutics has closed of its initial public offering of 6,414,842 shares of common stock at a public offering price of $16. 00 per share.
GlaxoSmithKline HIV treatment gets European Commission marketing approval
GlaxoSmithKline's investee company, ViiV Healthcare, has received European Commission marketing authorisation for Dovato, which treats HIV-1 in adults and adolescents.
Irene Dorner to succeed Kevin Beeston as Taylor Wimpey chair
Taylor Wimpey said on Wednesday that Irene Dorner will succeed Kevin Beeston as chair of the company when he steps down in February next year.
JD Sports confident of meeting profit expectations
JD Sports expressed confidence on Wednesday that it will at least meet current consensus market expectations for full-year headline pre-tax profit.
Sainsbury's sales drop amid 'challenging' conditions
Sainsbury's reported a drop in first quarter sales on Wednesday, with its general merchandise and clothing categories continuing to experience challenging market conditions.
Topps Tiles reports improvement in Q3 trading
Topps Tiles reported an improvement in third-quarter trading on Wednesday.
Codemasters pushes 'GRID' launch back to October
Video game developer and publisher Codemasters has decided to move the previously-announced release date of the ‘GRID’ title, it announced on Wednesday, in order to take advantage of a “more favourable” launch window during the peak release season.
OptiBiotix strikes LPLDL food supplement deal in Japan
Life sciences company OptiBiotix Health announced on Wednesday that its fully-owned subsidiary ProBiotix Health has signed a non-exclusive license agreement with Tenshindo for the use of lactobacillus plantarum ‘LPLDL’ in cardiovascular food supplements in Japan.
Substantial shareholder pours another £0.25m into Landore Resources
Landore Resources has raised gross proceeds of £0. 25m through a subscription of 35,714,286 new ordinary shares at a price of 0. 7p each, it announced on Wednesday, with existing investor James Hudleston.
Diurnal partner submits marketing authorisation for 'Alkindi' in Australia
Speciality pharmaceutical company Diurnal Group announced on Wednesday that an application for market authorisation for ‘Alkindi’ - hydrocortisone granules in capsules for opening - has been submitted to the Australian Therapeutic Good Administration (TGA) for “replacement therapy of adrenal insufficiency (AI) in infants, children and adolescents”.
Conroy Gold upbeat on latest drill results from Slieve Glah
Gold exploration and development company Conroy Gold and Natural Resources reported on Wednesday that results from its 2019 drilling programme at Slieve Glah in the Longford-Down Massif in Ireland confirmed the presence of gold in bedrock in Target Area 4.
Ferrexpo appoints new auditor after Deloitte resignation
Ferrexpo has appointed MHA MacIntyre Hudson, the UK member of Baker Tilly International, as auditor for the current financial year with immediate effect.
Adjusted profit surges in TheWorks' maiden results as listed firm
Discount books and stationery retailer TheWorks. co. uk reported a 13. 2% improvement in revenue in its preliminary results on Wednesday, to £217. 5m.
CBRE to buy Telford Homes for £267.4m
US real estate company CBRE Group has agreed to buy Telford Homes in a deal that values the UK property group at £267. 4m.