News And Announcements
TSB appoints Marc Armengol as new CEO
TSB said on Friday that it has appointed Marc Armengol as its new chief executive officer.
Atlantic Lithium progressing Ewoyaa despite mining lease delays
Atlantic Lithium reported significant milestones in advancing the Ewoyaa Lithium Project in Ghana in an update on Friday, despite ongoing delays in the ratification of the project’s mining lease.
Genedrive full-year revenue rises
Point-of-care pharmacogenetic testing company Genedrive reported a significant increase in revenue in its full-year results on Friday.
Narayana Health says not planning to make offer for Spire Healthcare
Spire Healthcare shares had pared earlier strong gains by Friday afternoon after India’s Narayana Health said it does not intend to make an offer for the company.
Former Bushveld subsidiary defaults on loan repayment
Bushveld Minerals announced on Friday that Vanchem, a subsidiary it recently sold, has failed to repay ZAR 14. 4m (£0. 63m) plus accrued interest, which was due 21 November.
Beowulf Mining reports narrower loss, solid development progress
Beowulf Mining announced reduced losses for the nine months ended 30 September on Friday, reflecting disciplined cost management and ongoing advancements in its core projects in Sweden, Finland, and Kosovo.
Strikes at Volkswagen plants could begin next week, union says
Volkswagen workers in Germany could go on strike as early as next week, IG Metall has warned, after the third collective bargaining negotiations between the union and the carmaker failed to bring about a solution last week.
Aptamer reports progress since July fundraise
Aptamer Group, the developer of ‘Optimer’ binders for the life sciences industry, flagged solid operational progress in an update on Friday, reporting that since its £2. 6m fundraising in July, it had achieved cost-reduction targets, streamlined scientific production, and executed a new commercial growth strategy.
Europe midday: Stocks edge higher as EZ inflation ticks up
European shares edged ahead at midday on Friday as investors assessed a slight rise in eurozone inflation.
Strategic Minerals upbeat on UK critical minerals report
Strategic Minerals was upbeat on Friday after news that tungsten and tin, key components of its wholly-owned Redmoor polymetallic tungsten deposit, retained their designation as ‘critical minerals’ in the 2024 UK Criticality Assessment.
Northern Bear confident after strong first half
Specialist building and support services provider Northern Bear reported a solid half-year financial performance on Friday, with revenue rising to £37. 6m, up from £36. 9m in the prior period.
JP Morgan toasts European leisure sector
JP Morgan has adopted a positive position on European hotel and gaming stocks, including upgrading France’s Accor and reiterating its 'overweight' rating on Marston's.
Botswana Diamonds gets one of two environmental approvals for Thorny River
Botswana Diamonds announced on Friday that it has received environmental authorisation for one of its two mining permit applications for the Thorny River project in South Africa.
Argent BioPharma to delist from London Stock Exchange
Drug discovery company Argent BioPharma announced its intention to delist its ordinary shares from the London Stock Exchange on Friday.
McBride refinances with EUR 200m credit facility
McBride has successfully refinanced its banking facilities, it announced on Friday, securing a €200m revolving credit facility (RCF) with a four-year maturity and the option to extend by up to two years.
Southern Energy sales slide in third quarter
Southern Energy Corporation, a producer with natural gas and light oil assets in Mississippi, reported a 34% decline in petroleum and natural gas sales to $3. 5m in the third quarter on Friday, compared to the same period last year.
ABC secures TI Fluid Systems in £1bn deal
UK engineer TI Fluid Systems has agreed to be taken over in a deal worth more than £1bn, it was announced on Friday.
Peel Hunt swings to H1 profit as market conditions pick up
AIM-listed investment banking group Peel Hunt swung to a first-half profit on the back of a big jump in revenues as the business capitalised on improving market conditions, though the outlook remains uncertain.