News And Announcements
Ryanair more than doubles FY loss forecast due to Omicron restrictions
Budget airline Ryanair more than doubled its full-year loss forecast on Wednesday and cut its traffic estimates, pinning the blame on restrictions imposed in response to the Omicron variant.
Good Energy calls on government support as energy prices rise further
Renewable electricity supplier and energy services company Good Energy Group updated the market on its trading on Wednesday, reporting that its financial performance in November was in line with expectations.
D4T4 Solutions announces multi-year contract wins
Data technology company D4T4 Solutions announced multi-year contract wins on Wednesday, which it said would contribute “significant revenue” to current-year results, and increase its key annual recurring revenue metric.
Oracle Power reports progress on Western Australia projects
Natural resources project developer Oracle Power updated the market on its gold exploration projects in Western Australia on Wednesday, reporting that at the Jundee East Gold Project, a slimline reverse circulation track-mounted drill rig had been secured, with mobilisation to site expected in late January or early February.
Europa Oil upbeat on progress at West Firsby
UK, Ireland and Morocco-focussed exploration, development and production company Europa Oil & Gas updated the market on progress on the potential of West Firsby as a test site for sustainable geothermal energy systems on Wednesday.
Advance Energy updates market on plans for Buffalo-10 well
Advance Energy updated the market on the Buffalo project, offshore Timor-Leste on Wednesday, ahead of the drilling of the Buffalo-10 well.
Cordel wins six-and-a-half-year, £3.2m contract with Network Rail
Transport corridor analytics technology company Cordel Group has been awarded a six-and-a-half-year contract with Network Rail, it announced on Wednesday, to replace the UK's National Gauging Database (NGD) with a new Railway Gauging Data Solution (RGDS).
Lexington Gold makes progress with drilling at JKL Project
Carolinas-focussed exploration and development company Lexington Gold updated the market on its latest ongoing 5,000 metre reverse circulation drilling programme on Wednesday, reporting that 39 holes had been completed for a total of 3,275 metres drilled to date.
B90 Holdings acquires Spinbookie, raises £0.6m
Gaming marketing and operating company B90 Holdings has agreed with Entercreation to acquire certain assets, including the domain, business intellectual property, and 100% of the operations of online sportsbook and casino Spinbookie, it announced on Wednesday.
Just Eat strikes grocery deal with Tesco's One Stop chain
Just Eat Takeaway strengthened its position in the UK groceries-on-demand space on Wednesday, striking a deal with the Tesco-owned convenience brand One Stop.
FCA to consult on redress plan for British Steel pensioners
The UK’s financial regulator said it was consulting on a redress scheme over the British Steel pension transfer scandal.
Parsley Box looking for more cash as it wraps up disappointing year
Direct-to-consumer ready meal company Parsley Box said in an update on Wednesday that its trading performance running up to the end of the year was in line with its September expectations, as it softened investors up for the possibility of a new fundraise.
Ferrexpo approves interim dividend on continued strong performance
Ferrexpo’s board confirmed on Wednesday that it has approved an interim dividend of 6. 6 US cents per share.
Spire Healthcare sells freehold assets of Cheshire Hospital for £89m
Private hospital group Spire Healthcare has agreed terms to sell the freehold assets of Spire Cheshire to NWI Jersey for £89m in cash.
Pennon to make proposal to CMA after Bristol Water merger review
Pennon Group updated the market on the Competition and Markets Authority’s phase one review of the merger of Bristol Water with its South West Water division on Wednesday, after the regulator confirmed its intention to pursue a phase two merger review unless acceptable undertakings were put forward by Pennon.
Metro Bank fined £5.38m for regulatory reporting failures
Metro Bank has been fined £5. 38m by the Bank of England for failures in its regulatory reporting following accounting inaccuracies in 2019.
Wizz Air buys Norwegian's Gatwick slots
Budget airline Wizz Air on Wednesday said it had bought Norwegian Air’s slots at Britain’s Gatwick airport for an undisclosed sum.
Newriver REIT sells Oxford shopping centre to Redevco for £38.8m
Real estate investment trust Newriver has exchanged contracts for the disposal of its regeneration Shopping Centre in Cowley, Oxford for gross proceeds of £38. 8m, reflecting a 4. 9% premium to the asset's latest valuation.
Maersk to buy LF Logistics in $3.6bn deal
Shipping giant Maersk has agreed to buy Hong Kong-listed LF Logistics for $3. 6bn in cash.
Croda sells bulk of PTIC business to Cargill for €915.0m
Chemicals company Croda revealed on Wednesday that it had signed a definitive agreement to sell the majority of its performance technologies and industrial chemicals businesses to Cargill for €915. 0m on a cash-free, debt-free basis.