News And Announcements
Pantheon Infrastructure to debut on London market
Pantheon Infrastructure is to float on the London market as it seeks to raise $300m, it was announced on Monday.
Fears grow for festive shopping season as UK retail sales soften
Retail sales eased in September, data showed on Tuesday, as the UK’s post-pandemic recovery continued to lose momentum.
Thor begins maiden drilling at Ragged Range
Thor Mining announced the start of the maiden drilling programme at its wholly-owned Ragged Range Project in Eastern Pilbara, Western Australia on Monday.
AfriTin reports results from final five extension drill holes
Technology metals mining company AfriTin Mining updated the market on its down dip extensional drilling programme designed to elucidate mineralisation of the V1/V2 pegmatite at depth on Monday.
Pacira to buy Flexion Therapeutics in $427.5m deal
Shares of Flexion Therapeutics surged on Monday after it agreed to be bought by Pacira BioSciences in a $427. 5m deal.
Ascent updates market on surging gas price situation
Caribbean, Latin America and Europe-focussed energy and natural resources company Ascent Resources updated the market on the gas price situation at its Petisovci gas project in Slovenia on Monday, following recent significant increases in global gas prices.
Kodal reports high-grade mineralisation from drilling at Nielle
Mineral exploration and development company Kodal Minerals announced on Monday that high-grade gold mineralisation had been returned from re-split sampling for the reverse circulation (RC) drilling at the Nielle Project in northern Cote d'Ivoire.
Electric vehicle charging firm Pod Point plans London listing
UK electric vehicle charging group Pod Point has revealed plans for a London stock market listing as it seeks to capitalise on a petrol and diesel vehicle ban in 2030.
Spectra Systems set to beat profit expectations after large order
Banknote authentication and security technology company Spectra Systems announced on Monday that one of its long-time central bank customers had placed a new annual order as part of another five-year renewal agreement.
Equals maintains record trading through third quarter
Payment technology company Equals said in a trading update on Monday that the record start to the third quarter, which it reported at its interim results on 14 September, had been sustained throughout the rest of the period, generating revenues of £11. 7m.
Polarean installs xenon polariser system at Vancouver hospital
Medical imaging technology company Polarean Imaging announced the installation of its 9820 xenon polariser system at BC Children's Hospital in Vancouver on Monday.
Glaxo unveils plans for £120m consumer healhcare HQ ahead of split
GlaxoSmithKline on Monday unveiled plans for a new £120m base for its consumer healthcare operations as it prepares to split into two listed firms.
Oracle Power signs green hydrogen cooperation deal with PowerChina
Natural resources project developer Oracle Power has signed a non-exclusive cooperation agreement with PowerChina International Group, it announced on Monday, with the objective of jointly developing a green hydrogen production facility in Pakistan.
Manx buys out remaining 60pc share of BLX
Manx Financial Group announced on Monday that its wholly-owned subsidiary Bradburn has exercised its option to acquire the remaining issued share capital of the Business Lending Exchange (BLX) from its existing shareholders.
CF Fertilisers to up CO2 prices as taxpayer support ends
The UK’s main carbon dioxide producer is to hike its prices in a government-brokered deal, it was announced on Monday.
Credit Suisse report into Greensill collapse said to be delayed
An internal report into Credit Suisse’s role surrounding the Greensill Capital collapse has been delayed, it was reported on Monday.
ReNeuron upbeat on positive data from Spain collaboration
Exosome therapeutics developer ReNeuron announced positive data on Monday that it said provided “clear preclinical proof-of-concept” that its novel exosome drug delivery technology could effectively deliver therapeutic proteins to the specific region of the brain affected by several neurological diseases.
Heathrow Sept passenger numbers at 38% of 2019 levels
London’s Heathrow airport on Monday said September passenger numbers hit 38% of pre-pandemic levels, as it called for the UK to expand the use of sustainable aviation fuels to cut carbon emissions.
Good Energy still trading in line, restarts dividend
Renewable energy supplier Good Energy updated the market on its trading for the first nine months of the year on Monday, reporting that despite ongoing volatility in the UK energy sector and low wind speeds in the third quarter, there was no change to its full-year expectations.
Asos warns on profits as CEO Nick Beighton steps down
Asos said in a surprise announcement on Monday that chief executive Nick Beighton has stepped down with immediate effect, as it warned over profits, sending shares in the online fashion retailer tumbling.