News And Announcements
Big Yellow profits grow as it expands store estate
Big Yellow Group reported revenue growth of 24% in its half-year results on Monday afternoon, to £81. 8m.
Altus Strategies agrees to sell Aterian division to Eastinco Mining
Altus Strategies has entered into a sale and purchase agreement with Eastinco Mining and Exploration to sell its wholly-owned subsidiary Aterian Resources, it announced on Monday.
Everyman Media lifts FY expectations on better-than-expected admissions
Independent cinema chain Everyman Media Group upgraded its full-year expectations on Monday thanks to better-than-anticipated admissions.
Citi ups price target on BT Group
Citi upped its price target for BT Group on Monday, arguing that the telecoms company had entered into a period of "solid" earnings growth.
BA threatens to cut Heathrow flights over airport fee rise
British Airways on Monday threatened to cut flights from Heathrow airport if planned fee increases are implemented.
British Gas to take on customers from collapsed Neon Reef, Social Energy
British Gas said on Monday that it will take on customers from collapsed energy companies Neon Reef and Social Energy after they stopped trading las week.
Shanta Gold upbeat on latest drilling results from New Luika
East Africa-focussed gold producer Shanta Gold updated the market on exploration drilling at the New Luika Gold Mine in south western Tanzania on Monday, relating to drilling conducted in the third quarter.
Zephyr enters $36m deal to acquire North Dakota wells
Rocky Mountains-focussed oil and gas company Zephyr Energy has entered into a binding agreement to acquire further non-operated working interests in currently producing and near-term production wells in the Williston Basin, in the US state of North Dakota.
Great Western Mining signs up James Blight as exploration manager
Nevada-focussed gold, silver and copper explorer and developer Great Western Mining announced the appointment of James Blight as its exploration manager on Monday.
Hochschild Mining shares plunge as Peru vows to shutter Ayacucho mines
Mining company Hochschild Mining said on Monday that it will fight what it has branded "illegal" efforts by the Peruvian government to shutter two of its mines on environmental grounds amid an ongoing clash between the industry and the country's left-leaning government.
Bezant awaiting renewal decision on Philippines licence
Copper-gold exploration and development company Bezant said on Monday that the Mines and Geosciences Bureau of the Philippine Department of the Environment and Natural Resources was still reviewing Crescent Mining’s renewal application.
E-therapeutics finance chief stepping down due to family
Drug discovery company E-therapeutics announced on Monday that Karl Keegan was stepping down from his non-board role as chief financial officer, to focus on “extremely difficult” family circumstances in Ireland.
Victoria in talks over possible acquisition of part of Belgium’s Balta
AIM-listed flooring manufacturer Victoria said on Monday that it is in talks about the possible acquisition of part of Belgian floor coverings producer Balta Group.
LV hits back at criticism of Bain deal
UK mutual insurer LV=, under fire for plans to sell the company to private equity firm Bain Capital, hit back at criticisms on Monday by saying the deal would result in an extra £212m payout for members.
Energy supplier Bulb collapses into administration
Energy supplier Bulb said on Monday that it has collapsed into administration.
ITM Power consortium wins £9.4m in government funding
ITM Power said on Monday that the Green Hydrogen for Scotland Consortium had been successful in its application for funding from the Energy Innovation Portfolio competition run by the Department of Business Energy Innovation and Skills (BEIS).
Polar Capital reports solid first half performance
Polar Capital reported assets under management of £23. 4bn at the end of its first half on Monday, up from £20. 9bn at the end of the 2021 financial year.
Amryt to delist from AIM, concentrate on Nasdaq trading
Commercial-stage biopharmaceutical company Amryt Pharma announced its intention to cancel its shares from trading on AIM on Monday, with effect on 11 January.
IQE taps Americo Lemos as its next chief executive
Semiconductor wafer and advanced materials company IQE announced the appointment of Americo Lemos as its new chief executive officer on Monday, starting on 10 January.
Pharos Energy confirms restart of drilling in Egypt
Pharos Energy announced a return to drilling in its El Fayum concession in Egypt on Monday, with the start of an interim three-well development programme.