News And Announcements
Big Yellow full-year revenue, earnings rise
Big Yellow Group reported robust revenue growth and increased profitability in its full-year results, released after markets closed on Monday.
AFC Energy inks deal to supply fuel cells to Niftylift
Hydrogen power generation technology developer AFC Energy announced an agreement to supply its S Series fuel cell modules to Niftylift UK on Monday.
WH Ireland in talks with Zeus Capital about sale of capital markets arm
Financial adviser WH Ireland confirmed on Monday that it is talks with UK investment bank Zeus Capital about the potential sale of its capital markets division.
Windward reports strong trading in year-to-date
Maritime artificial intelligence (AI) company Windward reported strong trading and strategic progress for the 2024 financial year in an update on Monday.
Sajid Javid reportedly in talks to join Shein ahead of London IPO
Singapore-based fast fashion retailer Shein has reportedly approached the former chancellor Sajid Javid about joining the company ahead of its rumoured listing on the London Stock Exchange.
Kefi shares pop on official launch of Tulu Kapi
Kefi Gold and Copper officially launched the Tulu Kapi Gold Mines (TKGM) project in Ethiopia on Monday.
Bigblu Broadband boss resigns after buying Norwegian assets from company
Bigblu Broadband's share price dropped sharply on Monday after the rural broadband provider reported a drop in annual revenues and announced the immediate exit of its founder and chief executive officer as it offloaded its Norwegian operations.
Bradda Head reaches settlement over fraudulent payment
North America-focussed lithium developer Bradda Head announced on Monday that it has reached a settlement agreement over the fraudulent payment initially reported on 29 March 2022.
SDI Group set to end year in line with forecasts
Scientific digital imaging, sensing and control technology company SDI Group said in a trading update on Monday that, pending its final accounts and audit, it expected to report revenue of £65. 9m for the year, in line with current market expectations, but slightly down from £67. 6m in 2023.
Haydale Graphene lowers revenue expectations
Haydale Graphene lowered its forecast for full-year revenue to £4. 7m in a trading update on Monday, down from current market expectations of £5. 8m, but still an increase from the prior year's revenue of £4. 3m.
Serica Energy gets final approval for Belinda field development
Independent upstream oil and gas company Serica Energy announced the final approval from the North Sea Transition Authority (NSTA) to develop its wholly-owned Belinda field on Monday.
Nexxen reaffirms guidance after strong first quarter
Advertising technology company Nexxen International reported record programmatic revenue and significant growth in adjusted EBITDA in its first-quarter results on Monday.
PureTech Health launches $100m tender offer
Clinical-stage biotherapeutics company PureTech Health launched a proposed $100m tender offer on Monday, aiming to repurchase shares at a fixed price of 250p each, or £25. 00 per American depositary share (ADS).
Helical sells 50pc stake in City redevelopment
Helical announced on Monday that it has sold a 50% stake in the redevelopment of 100 New Bridge Street, London EC4, to a vehicle led by Orion Capital Managers, for £55m on a preferred equity basis.
Harworth Group on track with development pipeline
Land and property regeneration specialist Harworth Group said in an update on Monday that it was on track to achieve an EPRA net development value (NDV) of £1bn by the end of 2027.
Kainos shares surge as annual profits rise 14%
Shares in Kainos jumped by a tenth on Monday after the Northern Ireland-based software group reported an increase in annual profits and hiked its dividend for the year to 31 March, as it announced the departure of its chair Tom Burnet.
Keywords Studios confirms £2.2bn approach from Swedish PE firm EQT
Keywords Studios said on Monday that it was "minded to accept" a £2. 2bn takeover proposal from Swedish private equity firm EQT Partners if it makes a firm offer.
Ryanair sees softer summer fares as profits take off
Budget airline Ryanair on Monday reported higher annual profits but warned that summer airfares would be softer than anticipated.
AstraZeneca announces $1.5bn Singapore manufacturing facility
AstraZeneca announced plans to construct a $1. 5bn manufacturing facility in Singapore on Monday, dedicated to the production of antibody drug conjugates (ADCs).
British Land disposes of Meadowhall asset after 25 years
Real estate investment trust British Land has its 50% stake in Sheffield retail destination Meadowhall for £360m, offloading an asset it has held for 25 years.