Company News
Sosandar hails 'exciting time' of growth and development
Women's fashion brand Sosandar said on Monday that the first half of the year had been "an exciting time of growth and development".
Microsaic Systems losses deepen on higher costs
Microsaic Systems reported a deepening of its interim losses on Monday as an increase in expenses outweighed revenue growth.
Avation delivers second new ATR 72 to US-Bangla Airlines
Commercial passenger aircraft leasing company Avation has delivered a second new ATR 72-600 aircraft, with manufacturer's serial number 1563, to the south Asian operator US-Bangla Airlines. , it announced on Monday.
Harvest Minerals expands mining area at Arapua Project
Fertiliser producer Harvest Minerals has expanded the current mining area and added additional run-of-mine storage capacity at its Arapua Project in Brazil, it announced on Monday.
Sylvania Platinum launches share buyback to cover treasury shortfall
Sylvania Platinum announced on Monday that it intends to acquire up to 4. 2 million ordinary shares under a share buyback.
Evgen Pharma upbeat on latest news from SFX-01 studies
Clinical stage drug development company Evgen Pharma announced on Monday that five patients who participated in the ‘STEM’ trial received ‘SFX-01’ treatment for more than one year, with two of those patients continuing to be treated with SFX-01.
Northgate reiterates Brexit caution as strategic review continues
UK, Ireland and Spain-focussed light commercial vehicle hire specialist Northgate told shareholders that its strategic review, focussed on the company’s “significant intrinsic value”, was ongoing on Monday, as they gathered for their annual general meeting.
Mkango's Magninito inks deal with magnet recycling pioneer HyProMag
Mkango Resources announced on Monday that its majority-owned subsidiary Maginito has signed an investment term sheet and one-year exclusivity agreement with HyProMag - a private company focused on rare earth magnet recycling.
World High Life to buy cannabis oil supplier Love Hemp for £9m
Medical cannabis investment company World High Life has agreed to buy London-based cannabis oil supplier Love Hemp for up to £9m.
Premier African Minerals chairman resigns
Natural resources group Premier African Minerals updated investors on its progress in Zimbabwe on Monday as it announced the resignation of chairman Michael Foster.
Proactis inks 'strategically important' contract with German firm
Software and services provider Proactis has inked a long-term contract with German firm DIWIDAG Systems.
On The Beach to take one-off hit from Thomas Cook collapse
On The Beach said on Monday that it will take a one-off hit as it helps customers affected by the collapse of Thomas Cook.
Telford Homes gets EU clearance for CBRE takeover
Telford Homes has received clearance from the European Commission for its takeover by US real estate firm CBRE.
Low & Bonar agrees £107m takeover with Germany's Freudenberg
Low & Bonar shares rocketed on Monday after it agreed to be taken over by German technology group Freudenberg for £107m in cash.
PureTech's Vedanta Biosciences adds $16.6m to Series C funding
Clinical-stage biotechnology company PureTech Health announced on Monday that its majority-owned affiliate, Vedanta Biosciences, has added $16. 6m (£13. 34m) to its Series C financing round, bringing the total capital raised to $62. 1m.
AstraZeneca gets EU authorisation for 'Qtrilmet' diabetes treatment
AstraZeneca announced on Monday that ‘Qtrilmet’ - metformin hydrochloride, saxagliptin and dapagliflozin - modified-release tablets have been recommended for marketing authorisation in the European Union for the treatment of adults with type-2 diabetes.