News And Announcements
Bellway sees return to growth in 2025 as mortgage rates fall
UK house builder Bellway on Friday said it expected to return to growth in fiscal 2025 if market conditions remain stable, as the recent cut in interest rates and higher wages helped to fuel demand.
Hargreaves Lansdown reports record full-year AuA, consortium tables final offer
Hargreaves Lansdown posted record assets under administration and a big increase in net new business for the full-year.
Merck to buy drug targeting B-cell diseases for up to $1.3bn
Merck said on Friday that it has agreed to buy biotech firm Curon’s CN201, a novel investigational clinical-stage bispecific antibody for the treatment of B-cell associated diseases, for up to $1. 3bn.
Shein looking to open UK warehouse - report
Chinese fast fashion giant Shein is reportedly preparing to open its first British warehouse in preparation for a £50bn listing on the London Stock Exchange.
Hummingbird updates production guidance after challenging quarter
Hummingbird Resources reported total second-quarter production of 19,855 ounces of gold in an update on Friday, bringing first half production to 42,722 ounces.
Kazera secures £0.5m facility with two large shareholders
Investment company Kazera Global announced the securing of a £0. 5m debt facility on Friday, with its two largest shareholders, Richard Jennings and Tracarta.
CyanConnode reaches two million endpoint milestone in Indis
Narrowband smart mesh network technology specialist CyanConnode announced a significant achievement by its Indian subsidiary on Friday, after it successfully deployed over two million communication endpoints across India.
Tern sells down stake in Device Authority
Internet-of-things technology investor Tern announced the partial sale of its shareholding in Device Authority on Friday.
Getech raising extra £0.2m through retail offer
Getech Group announced a retail offer on Friday, aiming to raise up to £0. 2m to help strengthen its balance sheet.
Galileo Resources launches new Shinganda drilling phase
Galileo Resources announced the start of its phase three drilling programme at the Shinganda project on Friday, targeting copper-gold mineralisation over a strike length of up to 10 kilometres.
Bowleven planning to delist, re-register as private company
Africa-focussed oil and gas explorer Bowleven announced plans to delist its shares from trading on AIM on Friday, re-register as a private limited company, and adopt new articles of association.
Neil Sachdev appointed as Hornby's new non-executive chair
Models and collectibles group Hornby announced the appointment of Neil Sachdev MBE as its new non-executive chairman on Friday, effective immediately.
CMO Group confident despite challenging first half
Online building materials retailer CMO Group said in an update on Friday that it experienced a challenging first half, with sales falling to £30. 3m from £36. 9m a year earlier.
Revolution Bars secures 'long-term future' following High Court approval
Bar chain Revolution Bars said on Friday that its "long-term future" had been secured after its restructuring plans received approval from London's High Court.
The Renewables Infrastructure Group net asset value falls in H1
Investment trust The Renewables Infrastructure Group said on Friday that its net asset value had fallen in the six months ended 30 June as lower prices and soft energy generation impacted its overall performance.
Future Metals chair goes part-time amid PGM price slump
Future Metals announced in an update on Friday that its executive chair Patrick Walta had made a strategic decision to transition to a part-time role from 1 August.
TBC Bank upbeat on solid first-half results
Georgia-based TBC Bank reported robust second-quarter and first-half results on Friday, with significant year-on-year growth in profits and returns on equity (ROE).