Aim Bulletin
Camellia profit to take a hit after BF&M disappointment
Tea-focussed agriculture holding company Camellia said in an update on Wednesday that its expectations for underlying profit before tax were unchanged for 2022, with the exception of BF&M, which announced third quarter results “significantly below” what was anticipated on Tuesday.
Seed Innovations to cash in as investee Leap agrees acquisition
Medical cannabis, health and wellness investor Seed Innovations announced on Wednesday that the unitholders of portfolio company Fralis, trading as Leap Gaming, have entered into a conditional agreement for the sale of the remainder of Leap to existing unitholder IMG Arena, based on an enterprise value of €14m.
BiVictriX identifies development lead for potential cancer drug
Cancer therapy-focussed biotechnology company BiVictriX Therapeutics has identified a development lead for its ‘BVX001’ programme, it announced on Wednesday.
Destiny Pharma finalises plans for next study of its lead asset
Biotechnology company Destiny Pharma has finalised plans for phase-three studies of its late-stage clinical asset ‘XF-73 Nasal’, it announced on Wednesday.
Lexington Gold reports progress across its projects
Carolinas-focussed explorer and developer Lexington Gold updated the market on its four projects on Wednesday, reporting that a soil sampling programme had started at Jennings-Pioneer targeting gold, silver and base metals through multi-element assaying.
First Property offloads two Poland supermarkets
First Property Group has sold two supermarkets in Poland, it announced on Wednesday, for €6. 2m, on behalf of funds it manages in which it has an 88. 5% interest.
New non-executive chair and deputy join Greatland board
Greatland Gold announced on Wednesday that Mark Barnaba and Elizabeth Gaines had joined its board as non-executive directors.
FRP Advisory acquires Cyprus-based APP
FRP Advisory Group announced the acquisition of the Cyprus-based APP Group on Wednesday, which provides advisory, tax and audit services.
Fall in uranium prices drags on Yellow Cake's net asset value
Uranium investor Yellow Cake reported an increase in its physical uranium holdings in its first-half on Wednesday, to 18. 81 million pounds of triuranium octoxide, from 15. 83 million pounds.
Naked Wines trading in line as it focuses on profitability
Naked Wines reported total sales of £166m in its first half on Wednesday, up 4% on a reported basis but down 3% on a constant currency basis year-on-year.
MusicMagpie FY revenues seen in line with expectations
Online retailer MusicMagpie said on Wednesday that its full-year financial performance had ended up in line with internal expectations.
Quiz swings to interim profit
Fashion retailer Quiz said on Wednesday that it swung to an interim profit amid increased demand for the brand.