Company News
Director dealings: Eckoh CEO raises stake
Eckoh revealed on Friday that chief executive officer Nicholas Philpot had acquired 25,000 ordinary shares in the AIM-listed secure payments provider.
Bluejay Mining flags progress with offtake negotiations
Greenland and Finland-focussed exploration and development company Bluejay Mining updated the market on its offtake negotiations for the Dundas Ilmenite in Greenland on Friday.
Banco Sabadell gives Goldman mandate to sell TSB
Goldman Sachs has been given the mandate to sell Spanish lender Banco Sabadell's UK unit, TSB.
Caribbean Investment purchase of Scotiabank Belize get approval
Caribbean Investment Holdings announced on Friday that the proposed purchase of Scotiabank Belize (SBL) from Scotiabank Caribbean, a subsidiary of the Bank of Nova Scotia, for an initial purchase price of up to $30. 5m, has been approved by the Central Bank of Belize.
Haydale upbeat on fabric mask development project
Advanced materials company Haydale announced on Friday that IRPC had completed the development project with the firm, and started production of its new washable functionalised graphene-enhanced fabric mask.
Randall & Quilter agrees purchase of Bermuda captive insurance firm
Specialty insurance company Randall & Quilter announced on Friday that its wholly-owned subsidiary R&Q Re Bermuda, has entered into a stock purchase agreement to acquire a Bermuda-domiciled captive insurance company.
Covid-19 measures add costs to Bahamas Petroleum well
Caribbean and Atlantic margins-focussed oil and gas company Bahamas Petroleum updated the market on cost estimates and funding arrangements for well operations in the Bahamas on Friday, reporting that the sustained impact of Covid-19 meant that itself and Stena Drilling had decided to implement “enhanced” coronavirus mitigation measures.
Indivior tumbles as Reckitt Benckiser makes £1bn claim
Indivior shares tumbled on Friday after the opioid addiction treatment maker said it had been made aware of a £1. 07bn claim against it by consumer goods company Reckitt Benckiser.
Edenville flags delay to Rukwa handover as it faces cash crisis
Edenville Energy, which operates the Rukwa Coal Project in southwest Tanzania, updated the market on its operations on Friday, reporting that the mine was continuing to fulfil its pre-purchase orders.
Ixico executes contract for Huntington's disease clinical trial
Neuroscience data analytics company Ixico has executed a contract to provide neuroimaging services that would support a phase 1b and 2 clinical trial for Huntington's disease, it announced on Friday.
DeepVerge posts positive results of Covid-19 tests on lab-grown skin
DeepVerge announced interim results from its Labskin partnership with the University of Aberdeen on Friday, following analysis of a study to investigate the behaviour of the SARS-CoV-2 virus on Labskin's cloned human skin microbiome, to enable testing of Covid-19 anti-viral and dental products.
Immunodiagnostic Systems launces two rapid Covid-19 tests
Clinical laboratory diagnostics company Immunodiagnostic Systems announced on Friday that two SARS-CoV-2 antigen rapid test kits for Covid-19 were now available for sale in the UK, the European Union, and other countries which accept the CE-mark as the basis of regulatory approval.
Arcadia confirms looking at 'contingency options' as Covid hammers sales
Top Shop owner Arcadia said it was looking at a number of options to save the future of its brands after reports on Friday suggested the retail group could was teetering on the edge of administration.
Providence offers vague response to Barryroe farm-out reports
Ireland-based development company Providence Resources responded to recent media speculation over the status of farm-out discussions with SpotOn Energy on Friday.
Michelmersh capacity back in line with pre-Covid levels
Brick manufacturer Michelmersh said on Friday that its trading performance since June had been "resilient", with current capacity back in line with pre-Covid levels and turnover ahead 7% year-on-year.
Sabadell shares slide as merger talks with BBVA end
Shares of Banco de Sabadell tumbled on Friday after it said merger talks with Banco Bilbao Vizcaya Argentaria (BBVA) have ended due to a disagreement over price.
Cairn Energy announces Nicoletta Giadrossi as new chair
Cairn Energy announced on Friday that non-executive director Nicoletta Giadrossi would be appointed chair of the company, with effect from 1 January.
Daily Mirror owner Reach says FY performance exceeds market expectations
Magazine and newspaper publisher Reach said on Friday that its full-year performance has exceeded market expectations amid strong digital growth.
Wetherspoon says 366 pubs will be shut under new Covid rules
Pub chain Wetherspoon said half of its pubs would remain closed under the UK government's tiered system when the national lockdown ends on December 2.
Capita confirms in talks with Montagu on education unit sale
British outsourcing group Capita on Friday said it was in exclusive talks with private equity firm Montagu over the potential sale of its Education Software Solutions unit.