Company News
Metminco proceeding with Miraflores study after funding documents complete
Metminco issued a funding update on Monday morning, announcing that the documentation in relation to the convertible note facility of AUD 0. 75m with Redfield Asset Management and Redfield Advisory, as announced 3 April, was now complete.
Mortice wins long-term contracts via new acquisition
Security and facilities management provider Mortice has won a pair of new long-term cleaning and waste contracts in new sectors.
RBS reportedly doubles offer to investors ahead of court case
Royal Bank of Scotland (RBS) has reportedly doubled its offer to disgruntled shareholders suing the firm over a 2008 rights issue only hours before a High Court case was due to start.
Monday broker round-up
JD Wetherspoon: Citigroup downgrades to Neutral with a target price of 1030p.
Keywords Studios' Red Hot acquisition swells video game art unit
Keywords Studios has spent $6m buying a China-based company that specialises in video game art production.
Artilium buys up Digiweb's Belgium business
Telecommunications software and solutions provider Artilium announced the acquisition of the Belgian customer base of Digiweb Telecom through its wholly-owned subsidiary United Telecom on Monday, for an undisclosed sum.
Hummingbird Resources makes good progress at Yanfolila
Hummingbird Resources released a construction update from the company's Yanfolila Gold Project in Mali on Monday.
Water Intelligence signs agreement with American Pool Enterprises
AIM-listed Water Intelligence announced the signing and launch of its first formal national partnership for pool leak detection and repair between its core brand - American Leak Detection - and American Pool Enterprises.
Minoan's Steward Travel swallows up Morningside
Minoan Group announced the acquisition of the business of Morningside Travel by Stewart Travel on Monday.
Bacon confident in StatPro outlook at his last AGM
Cloud-based portfolio analysis and asset pricing services provider StatPro Group updated the market on its current trading on Monday, as investors gathered for the company’s annual general meeting.
Premier Oil confirms spudding of Zama-1 exploration well
Premier Oil announced on Monday that the Zama-1 exploration well in Block 7 in the shallow water Sureste Basin, offshore Mexico, was spudded at 0630 local time on 21 May.
Safestay buys U Hostels for €3m
AIM-listed Safestay announced the acquisition of U Hostels for a total cash consideration of €3m.
AstraZeneca agrees deal to sell cardiovascular drug in Europe
Astrazeneca has sold the European rights to a hypertension and angina treatment for a sum of $300m plus royalties and a percentage of sales.
Vectura to present positive data for VR942 asthma treatment
FTSE 250 inhaler maker Vectura was due to present positive outcomes of its Phase I clinical study on the VR942 inhaled asthma treatment at the American Thoracic Society’s annual conference later on Monday.
HICL completes Affinity Water acquisition, announces partial offload
Listed infrastructure investment firm HICL Infrastructure Company announced on Monday that it has completed the acquisition of a 36. 6% equity interest in the various entities that comprise the Affinity Water Group, including the regulated entity, Affinity Water Limited.
Wood Group signs technical services contract with Sakhalin Energy
Wood Group said it had signed a five year technical support services contract with the Sakhalin Energy Investment Company, an operator of Sakhalin-2, one of the world’s largest integrated oil and gas projects, for an undisclosed sum.