Company News
Director dealings: Metro Bank CEO makes share purchase
Metro Bank revealed on Friday that chief executive Daniel Frumkin had acquired 500,000 ordinary shares in the London-listed retail banking group.
Fuller's delays FY results, reveals reopening plans
Pub landlord Fuller, Smith & Turner delayed publication of its full-year results on Friday, stating its auditors had informed the group that it would need "additional time" to complete the process.
Poundstretcher could potentially close half of its stores in six weeks
Discount retailer Poundstretcher could be on track to close as many as half its stores in August, potentially leaving 2,000 jobs hanging in the balance, after landlords and creditors approved a rescue restructuring.
Victoria Oil files for arbitration with ENEO over non-payment
Victoria Oil & Gas updated the market on the gas sales agreement between its wholly-owned subsidiary Gaz du Cameroun (GDC), and ENEO Cameroon, on Friday, reporting its termination of the supply deal due to non-payment.
Covid crisis hinders UniVision recovery
CCTV and surveillance company UniVision updated the market on its trading for the year ended 31 March and the first quarter of the new financial year on Friday, following its reduced revenues and margin in the first half of the 2020 financial year.
Rolls-Royce 'reviewing options' to strengthen balance sheet, shares tank
Rolls-Royce confirmed on Friday that it is in the early stages of reviewing options to strengthen its balance sheet and position itself for recovery after the Covid-19 crisis.
Vela shares surge on adjusted holding in North Peak Resources
Vela Technologies updated the market on its holding of North Peak Resources on Friday, following North Peak’s change of business transaction.
Draper Esprit to cash in from Zynga purchase of Peak Games
Technology-focussed venture capital company Draper Esprit said on Friday that interactive entertainment giant Zynga has acquired Peak Games, the Istanbul-based creator of Toon Blast and Toy Blast, for a total price of about $1. 85bn.
Power Metal making progress at Kisinka project
Metals exploration and development company Power Metal Resources updated the market on its 70%-owned Kisinka Copper-Cobalt Project on Friday, which is located around 30 kilometres east of the regional capital of Lubumbashi, in the southern part of the Katangan copper belt in the Democratic Republic of the Congo.
Carnival's Costa extends cruise operations pause to 15 August
Carnival’s Costa Cruises has extended the pause for all of its cruises until 15 August and cancelled all cruises in Northern Europe for the rest of the 2020 summer season.
Jadestone launches arbitration against Inpex subsidiary
Asia-Pacific focussed oil and gas production company Jadestone Energy has started arbitration proceedings against Teikoku Oil Con Son - a wholly-owned subsidiary of Inpex Corporation - over Jadestone's acquisition of an interest in Block 05-1 PSC, offshore Vietnam, it announced on Friday.
Former Concurrent Technologies chair retiring from board
Computer board designer and manufacturer Concurrent Technologies announced on Friday that its former chairman, Michael Collins, intends to retire as a director and from the board on 30 September.
Dim T owner Tasty axes 284 jobs
AIM-listed restaurant operator Tasty said on Friday that it has made around 284 staff members redundant as footfall at its restaurants is expected to fall after reopening.
Aptitude Software trades in line, recurring revenues improve
Software provider Aptitude Software said on Friday that trading had been in line with expectations throughout the first six months of the year, with annual recurring revenues growing year-on-year.
UK, EU watchdogs debate over final say in O2-Virgin deal - report
The UK competition watchdog is in discussions with Brussels for full control over the review of the proposed £31bn merger between Virgin Media and O2.
Staffline rebrands recently acquired Irish unit
Recruitment and training group Staffline has formally rebranded recently acquired Irish business Grafton Recruitment to Staffline Recruitment Ireland.
Fastjet warns of potential collapse unless flights resume
Shares in low-cost African airline Fastjet slumped on Friday after warning that the continued suspension of all flights and access to funding could cause the group to collapse.
Numis sees Q3 revenues 'materially ahead' of H1
Stockbroker Numis said on Friday that third-quarter revenues were materially ahead of the first half, with its investment banking and equities units delivering "strong" performances.
Trakm8 reaches deal on delayed contract
Global telematics and data insight provider Trakm8 has reached a deal to provide its fleet optimisation services to an unnamed "major UK food retailer".
Ryanair Ireland pilots agree 20% pay cut
Budget carrier Ryanair said its Ireland-based pilots had accepted a 20% pay cut and changes to work practices in order to save jobs, following a similar move by the UK pilot union BALPA.