Company News
Avacta Group makes solid development progress
Biotherapeutics developer Avacta Group updated the market on its trading on Monday, as investors gathered for its annual general meeting.
Vast Resources looking for new offtake prepayment finance
Romania and Zimbabwe-focussed mining company Vast Resources updated the market on the situation regarding Mercuria Energy on Monday.
EasyHotel revenues up 60% in Q1 but warns on margins
EasyHotel posted a rise in first-quarter revenue on Monday but warned that 2019 will be more difficult than the previous year and margins will take a hit.
Dalata to lease new hotel in Dublin docklands
Dalata Hotel Group has entered into arrangements to lease a new hotel located in the heart of the Dublin docklands.
Sports Direct's Mike Ashley in talks over possible HMV bid
Sports Direct founder Mike Ashley has been linked with a possible rescue bid for collapsed music and film retailer HMV.
Distil drips lower as festive growth diluted
Spirits brand owner Distil's shares dipped on Monday after it reported a festive slowdown in revenue growth compared to the first half of the year.
Patisserie Valerie still in talks with banks
Patisserie Valerie cafe chain owner Patisserie Holdings confirmed on Monday that it is still in talks with its lenders about providing continued support for the company.
CLS to sell interest in First Camp
CLS said on Monday that it has exchanged contracts to sell its 58. 02% interest in First Camp Nordic Camping, indirectly majority owned by a fund advised by Norvestor Equity AS, for £28. 7m.
AFH Financial Group sets new growth targets after stellar year
Financial planning-led wealth management firm AFH Financial Group issued its consolidated audited results for the year ended 31 October on Monday, which it said reflected continued growth, an increase in earnings per share of 43%, and a 50% improvement in the dividend per share.
Digitalbox to join AIM via reverse takeover of Polemos
Digital media business Digitalbox Publishing Holdings was seeking admission of its ordinary shares to trading on AIM by way of a reverse takeover of Polemo, it said on Monday.
Augmentum puts £4m into death services firm Farewill
Fintech venture capital investor Augmentum Fintech announced an investment of £4m in Farewill on Monday, which it described as an “all-in-one” financial and legal services platform for dealing with death.
Meggitt signs $750m Pratt & Whitney engine part deal
Aerospace engineer Meggitt on Monday said it had signed a $750m (£582. 6m) 10 year deal with Pratt & Whitney to continue the supply of engine parts for the F-22 Raptor and F-35 Lightning II aircraft.
Glaxo chairman Philip Hampton stepping down
GlaxoSmithKline said chairman Sir Philip Hampton was stepping down and the board had started the process to find a successor.