News And Announcements
Greencore's Patrick Coveney to join SSP as CEO
Food company Greencore Group revealed on Thursday that chief executive officer Patrick Coveney was set to step down from the role in order to join food and beverage outlets operator SSP Group.
Mercia upbeat on strong results from Northern Venture Trust
Regionally-focussed specialist asset manager Mercia said on Thursday that Northern Venture Trust, whose investment adviser is its wholly-owned subsidiary Mercia Fund Management (MFM), had released its audited results for the year ended 30 September.
Hummingbird includes maiden Guinea reserve in company update
Hummingbird Resources released an updated, JORC-compliant company reserve statement on Thursday, which included a maiden reserve for the Kouroussa mine in Guinea.
Phoenix Copper reports further results from 2021 drilling
United States-focussed metals explorer and producer Phoenix Copper announced further analytical results from its 2021 deep sulphide core drilling programme on Thursday, reporting that holes KXD21-04, KXD21-05 and KXD21-06 intercepted high-grade mineralisation across a suite of metals.
Skillcast raises £3.5m in London flotation
Skillcast has raised £3. 5m ahead of a flotation that is expected to value the staff training software group at £33. 1m.
President completes farm-out to Taiwan state-owned energy firm
President Energy announced the completion of its farm-out of the Pirity concession in Paraguay on Thursday, to the Taiwan state-owned energy company CPC Corporation.
Clipper Logistics teams up with FarFetch for delivery JV
Clipper Logistics and luxury fashion platform Farfetch have agreed to establish a joint venture to create a global e-commerce fulfilment solution for luxury brands.
Plant-based food group Huel eyes London IPO - report
Huel, the plant-based meal replacement maker, has hired bankers to advise on a flotation in London after the pandemic fitness surge made its products more popular, according to a report.
Trinity gets approval for Galeota development plan
Trinidad and Tobago-focussed exploration and production company Trinity has received approval for the field development plan for the Galeota Asset Development project (GAD) from the Ministry of Energy and Energy Industries (MEEI), it announced on Thursday.
Anexo signs 'major' deal with broker MCE Insurance
Credit hire and legal services provider Anexo has signed a major agreement with UK-based broker MCE Insurance, it announced on Thursday, to offer post-accident claims services to all of MCE's non-fault insurance customers.
Jefferies says 'buy' IHG in bullish hotels note
Jefferies urged investors to 'buy' InterContinental Hotels as the broker chose hotels as its top subsector in the leisure industry.
Poolbeg adds Daniel Hoft to scientific advisory board
Clinical-stage infectious disease pharmaceutical company Poolbeg announced the appointment of Daniel Hoft to its scientific advisory board on Thursday.
Good Energy to sell renewable assets, invest more in Zap-Map
Renewable electricity supplier Good Energy Group announced the intended sale of its 47. 5MW renewable asset portfolio as part of a strategic shift to energy and mobility services on Thursday, driven by further investment in electric vehicle mapping platform Zap-Map.
Serica Energy achieves first production at Columbus field
North Sea-focussed upstream oil and gas company Serica Energy updated the market on its Columbus field in the Central North Sea on Thursday, announcing that first production had been achieved.
John Menzies extends ground services contract with easyJet
Aviation logistics provider John Menzies announced on Thursday that its Menzies Aviation division has secured an extension to its long-standing ground services partnership with easyJet at 21 airports across Europe.
Cake Box slumps as CEO and spouse sell 3m shares
Cake Box shares slumped on Thursday after the company’s chief executive and his partner sold 3m shares in a placing.
PayPoint revenues rise as it repositions itself post-pandemic
PayPoint reported net revenue from continuing operations of £56. 1m in its first half on Thursday, up 20. 9% year-on-year, which it said was driven by a “proactive recovery” from the prior year impacts of Covid-19.
Mears Group FY revenues seen 'slightly ahead' of management expectations
Housing and social care provider Mears Group said on Thursday that trading across the group has "continued to strengthen" its the publication of its interim results in August.
NewRiver restores H1 dividend as loss narrows
NewRiver REIT restored its interim dividend as the retail property investor reported a narrower loss and a sharp increase in funds for the first half.
Helios Towers sets carbon intensity reduction targets
Telecoms infrastructure company Helios Towers set a target to reduce its carbon intensity per tenant on Thursday, by 46% by 2030.