News And Announcements
Alien Metals set to re-open dormant underground silver mine
Alien Metals announced on Thursday that, as part of the development of its Elizabeth Hill silver project, it had started work to re-open the historic underground mine.
OptiBiotix signs deal with massive chemist chain in India
OptiBiotix Health said on Thursday that its India subsidiary has signed an exclusive sales agreement with one of the leading hospital and pharmacy chains in the country, Apollo Hospitals Enterprises, for the sale of its ‘GoFigure’ weight management product range in India.
Minoan Group upbeat on passing of new Greece investor law
Minoan Group updated the market on the passing of “long-awaited” legislation in Greece on Thursday, relating to inward investment into the country.
Dekel set to end year strong at Ayenouan palm oil project
West African agriculture company Dekel Agri-Vision updated the market on production at its Ayenouan palm oil project on Thursday, reporting a 74. 4% year-on-year increase in November - the highest monthly like for like uplift in production for the year thus far.
YouGov buying Swiss firm LINK for £22m cash
Market research and data firm YouGov announced the acquisition of Swiss market and social research agency LINK Marketing Services on Thursday, for CHF 26. 4m (£21. 7m).
Ideagen raises £104m in oversubscribed placing, PrimaryBid offer
Information management software company Ideagen said on Thursday that it raised gross proceeds of £103. 5m through a placing and an offer on the PrimaryBid platform, to fund its growth plans in the governance, risk and compliance sector.
Greatland Gold reports further positive progress at Havieron
Greatland Gold updated the market on drilling at the Havieron gold-copper project in the Paterson region of Western Australia on Thursday, reporting that the latest results comprised 24 new drill holes, including 20 infill holes and four ‘growth drilling’ holes.
Clipper Logistics lifts dividend as interim profits, revenue rise
Clipper Logistics lifted its interim dividend on Thursday as it posted a jump in profit and revenue and said it was on track to meet full-year guidance.
On The Beach swings to loss as Covid restrictions dent revenues
On The Beach said on Thursday that it swung to a full-year pre-tax loss as revenues fell, with bookings dented by Covid restrictions.
EU looks to strengthen rights for gig workers
The European Union has published a series of proposals intended to bolster employment rights for gig workers.
Renew revenue, earnings rise as it continues to expand
Infrastructure engineering services company Renew reported a 27. 5% improvement in group revenue in its final results on Thursday, to £791m.
Serica Energy upbeat on progress in North Sea
UK North Sea-focussed oil and gas company Serica Energy updated the market on its operations on Thursday, reporting that at Columbus, hydrocarbons from the C1z development well started flowing into the Arran subsea system on 24 November.
'Plan B' is 'hammer blow' to retail footfall - Springboard
The government's renewed Covid-19 restrictions are a "hammer blow" to retail footfall that will halve visits to London stores compared with pre-pandemic levels, retail consultant Springboard predicted.
Parcel customers to be treated 'more fairly' under Ofcom proposals
Senders and recipients of parcel deliveries are set to be treated “more fairly” by carriers under new protections proposed by the communications regulator Ofcom on Thursday, following an investigation into the sector.
Serabi Gold confident in Coringa project despite court ruling
Serabi Gold updated shareholders on reports of a suspension on the issue of future licences for its Coringa gold project on Thursday.
Dr Martens warns on shipping delays in US as it posts H1 profit
Iconic UK footwear brand Dr Martens posted a 46% rise in interim profits, driven by a recovery in physical stores sales as they reopened from Covid curbs, but warned that shipping delays in its US business due to supply chain constraints would continue into the next fiscal year.
Evergrande downgraded by Fitch over missed payments
Fitch Ratings has downgraded China Evergrande Group after the agency said the embattled property developer had defaulted on its dollar debt.
Frasers Group interims soar as stores re-open, but cautious on Covid, cost rises
Sports Direct owner Frasers Group reported a 75% rise in interim profit, driven by the strong reopening of stores after lockdown, new Flannels stores and continued growth in online sales.
Capital for Colleagues raises £1.95m for investment
Capital for Colleagues (C4C) raised £1. 95m to fund investments as the company reported higher profit and asset values.
Moonpig ups full-year guidance on strong demand for gifts
Moonpig Group has upped its full-year revenues guidance, sending the shares higher, despite interim sales coming up against tough lockdown comparatives.