Company News
Hyve trades in line following promotion to FTSE 250
Events business Hyve Group told investors on Thursday that it had made a good start to the year and was now trading in line with management expectations following its promotion to the FTSE 250.
Europa shares plunge as oil major quits farm-out talks
UK and Ireland-focussed exploration, development and production company Europa Oil & Gas updated the market on the farm-out process for its wholly-owned Frontier Exploration Licences (FEL) 4/19, 1/17 and 3/13, offshore Ireland on Thursday.
Countryside delivers decent start to new financial year
Mixed-tenure developer Countryside Properties updated the market on its trading in the first quarter on Thursday, describing it as “strong”, with its net reservation rate up 29% year-on-year at 0. 81.
John Laing CEO Brousse to step down
Infrastructure company John Laing said on Thursday that Olivier Brousse has resigned as chief executive officer to take up a senior position at Veolia Group.
Syncona puts $15m into Autolus US offering
Healthcare investment company Syncona announced on Thursday that its portfolio company, Autolus Therapeutics, had confirmed the pricing of its underwritten public offering in the United States.
Rose out, Ferguson in as Hunting finance director
Energy services provider Hunting announced on Thursday that group finance director Peter Rose had notified the board of his intention to retire as a director and step down from the board at the end of its annual general meeting on 15 April.
PPHE Hotel Group flags decent room revenue growth
Hotel and resort developer, owner and operator PPHE Hotel Group updated the market on its trading for 2019 on Thursday, reporting a 6. 3% rise in like-for-like group room revenue to £249m.
Computacenter 'comfortable' with upper end of FY market expectations
Computacenter said on Thursday that it remains comfortable with the upper end of current market expectations for the year to the end of December as it reported a rise in revenue and said it had been "one of the most successful" years in its history.
Unite Group getting planning permission for large Bristol development
Student accommodation developer, manager and owner, the Unite Group, has received resolution to grant planning permission for its 416-bed student accommodation development in Bristol city centre, incorporating the conversion of the former Georgian hospital building into 62 rented residential homes, it announced on Thursday.
Minas Rio ramp up boosts Anglo American
Anglo American said fourth quarter production across all operations rose 4%, driven by a ramp-up of operations at its Minas-Rio iron ore mine in Brazil as it maintained all guidance for 2020.