News And Announcements
Centaur Media soars on takeover approach from Dutch PE firm
Shares in Centaur Media soared on Wednesday afternoon after the publishing, events and marketing company confirmed speculation about a takeover approach from a Dutch private equity firm.
Ted Baker's US licensing partner said to be eyeing UK operations
Ted Baker's US licensing partner is reportedly a leading contender to take control of the fashion brand's British operation weeks after it collapsed into administration.
Helium One Global reports progress at Rukwa Project
Tanzania-focussed helium explorer Helium One reported progress and updated on strategic initiatives at its Rukwa Project in an update on Wednesday.
Nexxen International repays $100m of debt
Connected TV advertising technology specialist Nexxen International said in an update on Wednesday that it repaid its outstanding debt under the secured term loan ‘A’ and the revolving credit facility on 9 April.
e-Therapeutics proposes £29m fundraising, delisting from AIM
RNAi medicines data and development specialist e-Therapeutics proposed a fundraise and its delisting from AIM on Wednesday.
Caledonia Mining reports rise in Blanket Mine gold production
Caledonia Mining reported a notable increase in gold production from its Blanket Mine in Zimbabwe for the first quarter of 2024 on Wednesday, despite a reduction in production days compared to the same period in 2023.
NATS appoints former Rolls-Royce CEO as chair
Warren East, the former boss of Rolls-Royce and ARM Holdings, has been appointed as chair of NATS as the air traffic control company attempts to repair its reputation following last August's IT system meltdown which led to more than 700,000 passengers facing disruption.
Epwin reports strong year despite market challenges
Energy-efficient and low-maintenance building products specialist Epwin Group said in its final results on Wednesday that, despite challenges posed by raw material cost inflation and market volatility, it delivered a strong performance, with revenue totalling £345. 4m and underlying operating profit reaching £25. 5m, marking a 19% increase over the prior year.
Enteq FY losses narrow
Energy services firm Enteq said on Wednesday that it had narrowed full-year losses as it continues tp focus on the development and commercialisation of its SABER Tool, whilst maintaining a lean overhead base.
Malvern International reports strong turnaround in 2023
Malvern International unveiled its preliminary results for 2023 on Wednesday, showcasing a notable turnaround in its business performance.
easyJet cabin crew secure 20pc rise in base pay
Cabin crew at low-cost airline easyJet are to receive a 20% increase in their basic pay, it was announced on Wednesday, after negotiations with the Unite union.
Mercia Asset Management reports record fund inflows
Mercia Asset Management released its trading summary for the financial year ended 31 March on Wednesday, with organic fund inflows surpassing £0. 5bn, marking a record and reflecting a 40% surge in third-party funds under management since the start of the financial year.
Philips creates 'clear path forward' with FDA over Respironics probe
Shares in Philips were rising in Amsterdam on Wednesday the Dutch conglomerate settled on a consent decree with US regulators over a Respironics product recall back in 2021.
Strategic Minerals reports jump in Cobre sales revenue
Strategic Minerals said in an update on Wednesday that in the March quarter, sales revenue from Cobre totalled $0. 841m, marking an increase of over 100% compared to the same period in 2023.
Speedy Hire FY results seen towards lower end of expectations
Tools and equipment hire firm Speedy Hire said on Wednesday that full-year results were set to be towards the lower end of its expectations as cost inflation and softer demand dented revenues.
IQE confident in recovery as it expands AWSC partnership
Semiconductor wafer and advanced material specialist IQE announced its results for the year ended 31 December on Wednesday, alongside announcing an expansion of its partnership with Advanced Wireless Semiconductor Company (AWSC).
4basebio to provide synthetic DNA to tier-one pharma firm
4basebio confirmed the provision of its synthetic DNA to an unnamed tier-one pharmaceutical company on Wednesday.
Challenging conditions dent annual profits at M&C Saatchi
Shares in advertising agency M&C Saatchi fell on Wednesday after the company reported a 10% drop in annual profits which it blamed on "challenging market dynamics", though it said it first-quarter trading had been encouraging.
Earnings surge at THG despite revenue dip
Beauty-to-tech firm THG reported a jump in annual earnings on Wednesday, despite a dip in revenues.
Energean completes farm-of Morocco licences with Chariot
Energean announced on Wednesday that it has finalised its farm-in to Chariot’s offshore acreage in Morocco, after obtaining all the necessary approvals from the Moroccan authorities.