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19 Aug
Braemar Shipping Services, ships, transport
Braemar revives 'Wavespec' brand after divestment of technical businesses

Shipbroking, financial advisory, logistics and engineering services provider Braemar Shipping Services announced that its engineering division had been rebranded as ‘Braemar Wavespec’ on Monday.

19 Aug
Quadrise Fuels in 'advanced discussions' with possible funding provider

Quadrise Fuels International updated the market in its progress in seeking equity or equity-linked funding on Monday, reporting that it had continued to make “good progress” and confirmed that, following receipt of several proposals, it was currently in advanced discussions with a provider of funding.

19 Aug
edgar test 10
Revenue slips as earnings grow at BATM Advanced Communications

Real-time networking and medical laboratory systems provider BATM Advanced Communications reported a fall in group revenue to $56. 2m (£46. 38m) in its first half on Monday, from $58. 2m a year earlier.

19 Aug
ep investigadorasun laboratorio muestrassangre 20190718135603
Redx Pharma gets green light to escalate dose in RXC004 study

Drug discovery and development company Redx Pharma has successfully completed dosing of the first cohort of patients in its ongoing phase 1 and 2 study with ‘RXC004’, it announced on Monday.

19 Aug
libra, esterlina, divisa, moneda, reino unido pound currency
Dev Clever raises £0.44m in placing to fund expansion strategy

Consumer engagement solutions developer Dev Clever has completed a placing using its full current authorities, it announced on Monday, allotting 12,811,736 new ordinary shares at a price of 3. 4p, to raise £0. 44m before expenses.

19 Aug
ep investigacion sanidad ensayo clinico laboratorio
Scancell to begin SCIB1 UK trial as FDA issues linger in US

Immunotherapy developer Scancell announced the initiation of and further updates to the ‘SCIB1’ phase 2 trial in patients with metastatic melanoma also receiving the checkpoint inhibitor ‘pembrolizumab’ (Keytruda) on Monday.

19 Aug
coins currency investment insurance business finance company
Path Investments agrees all-share acquisition of FineGems Extraction

Path Investments has signed a binding share purchase agreement to acquire the entire issued share capital of FineGems Extraction Corporation (FGE), a British Virgin Islands-incorporated company which owns 75% of Jagoda Tourmaline Extraction (JTE),.

19 Aug
Mitie, support services
Mitie to sell catering business for up to £85m

Outsourcer Mitie has agreed to sell its catering and hospitality business - Gather & Gather - to Royal Warrant holder CH&CO for up to £85m in cash.

19 Aug
croda, chemicals
LondonMetric buys and funds new Croda distribution hub

LondonMetric Property has agreed to purchase and fund a new 232,000 square foot distribution warehouse for £24m, it announced on Monday, reflecting a yield on cost of 5. 2%.

19 Aug
safestore selfstorage
Safestore forms joint venture with Carlyle, buys Heathrow site

Safestore announced on Monday that it was forming a joint venture with Carlyle European Real Estate Fund to acquire M3 Self Storage, which operates six prime storage locations in Amsterdam and Haarlem in the Netherlands.

19 Aug
London, city, DL
London open: Stocks rise amid stimulus hopes

London stocks rose in early trade on Monday, taking their cue from a positive session in Asia amid hopes of more stimulus from central banks.

19 Aug
Pre-Brexit buying spree boosts August house sales - Rightmove

House sales in August were boosted by a pre-Brexit buying spree, according to the latest data from property website Rightmove.

19 Aug
ConvaTec appoints John McAdam as chairman

FTSE 250 medical products and technology company ConvaTec has appointed former Rentokil chairman Dr John McAdam as chairman with effect from 30 September 2019.

19 Aug
London, city, DL
London pre-open: Stocks to rise as investors eye Jackson Hole

London stocks were set to rise at the open on Monday as investors looked ahead to the Jackson Hole symposium this week.

19 Aug
TBC Bank buys 65% of Georgia's My Group

Georgia's TBC Bank on Monday said it was buying a 65% stake in domestic e-commerce company My-ge for GEL 19. 45m (£5. 47m) in cash, valuing the company at £29. 93m.

19 Aug
TBC Bank buying stake in e-commerce firm My-ge, LondonMetric to fund new Croda facility

London open The FTSE 100 is expected to open 45 points higher on Monday, having closed up 0. 71% at 7,117. 15 on Friday.

19 Aug
Monday newspaper round-up: House sales, dividends, Mifid II, National Grid

British house hunters have launched a surprise August buying spree before the scheduled Brexit date, with new data showing sales reached their highest point since 2015 during the usually sleepy summer period. The number of agreed sales rose by 6. 1% year on year in the month to 10 August, according to property website Rightmove, which claims to track nine in 10 UK house purchases. – Guardian.