Aim Bulletin
Litigation Capital Management flags delays in court proceedings
Dispute financing specialist Litigation Capital Management updated the market on its recent trading on Friday, reporting “consistent performance” since its half-year results, which it said was reflected in its nine-year portfolio return on invested capital of 134%, and its cumulative portfolio internal rate of return of 78%.
Attraqt roped in Paul Tough as chief product officer
Attraqt Group announced the appointment of Paul Tough as its chief product officer on Friday, with immediate effect.
SolGold upbeat on recent exploration at Rio Amarillo
SolGold updated the market on its regional exploration activities from its wholly-owned Rio Amarillo Project in northern Ecuador on Friday, reporting that four high-priority porphyry targets were now supported by “high quality” magnetic data.
Inspired Energy to raise £35m to fund Ignite acquisition
Energy procurement consultant Inspired Energy proposed a placing of new ordinary shares on Friday as part of an effort to raise funds for the acquisition of Ignite Energy.
SRT Marine recommences Philippines project
Maritime surveillance outfit SRT Marine said on Friday that its Philippines fisheries management system project had recommenced, with the group already having received a "significant cash payment".
Codemasters shares rise on release of 'F1 2020' game
Video game developer and publisher Codemasters announced the release of ‘F1 2020’ on Friday, on the Sony PlayStation 4, Microsoft Xbox One, and PC platforms and, for the first time, Google’s Stadia gaming platform.
Genedrive revenues tumble as Covid-19 hits pre-existing business activities
Molecular diagnostics company Genedrive saw revenues tumble in the year ended 30 June due to the impact of the Covid-19 pandemic on pre-existing business activities.
InfraStrata raises £9m in bid to strengthen balance sheet
Infrastructure company InfraStrata has raised a total of £9m before expenses through a placing of 2,571,428,683 existing shares, at a price of 0. 35p each, in two tranches with existing and new investors, it announced on Friday.
Dalata amends debt facilities as it reopens hotels
Dalata Hotel Group has agreed an amendment to its debt facilities agreement with its banking partners, it announced on Friday, providing “additional financial strength and flexibility” as it reopens all of its 44 hotels.
Trans-Siberian Gold upbeat on latest development at Asacha
Russia-focussed producer Trans-Siberian Gold said on Friday that the development of vein 25 (V25) in the east zone of its operating Asacha Gold Mine was progressing well, reporting that the total volume of access development work for stripping completed to date was about 15,400 cubic metres.
Tanfield investment Snorkel sees sales plunge amid pandemic
Tanfield updated the market on its investment in aerial work platform company Snorkel International Holdings on Friday, reporting that its sales in the fourth quarter of 2019 were $51. 3m (£40. 76m) - up 7. 4% year-on-year.
Eden Research brings in Aoife Dillon as new head of biology
Biopesticide and encapsulation technology company Eden Research announced the appointment of Dr Aoife Dillon to the role of head of biology on Friday.
Zegona investment Euskaltel shores up debt with new term loan
Telecommunications investor Zegona announced on Friday that its investment Euskaltel has replaced its €215m (£192. 63m) amortising debt with a new €215m term loan, with no amortisation before December 2023.
Proton Motor Power major shareholder converts interest into shares
Fuel cell and electric hybrid systems developer Proton Motor Power Systems announced on Friday that SFN Cleantech Investment has requested the conversion of part of the interest matured on loans provided, into 20,000,000 shares in Proton.