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Company News
26 Feb
London Stock Exchange, markets, traders, trading, City, shares
Director dealings: Boohoo directors raises stake

Boohoo Group revealed on Friday that non-executive director Iain McDonald had acquired 100,000 ordinary shares in the London-listed retailer.

26 Feb
edgar test 10
Sabien invests in hydrogen compressor firm Aeristech

Sabien Technology announced on Friday that it has invested £0. 1m in Aeristech, which manufactures power-dense compressors for use in hydrogen fuel cells.

26 Feb
coins currency investment insurance business finance company
Universe Group chief executive to step down

Retail management, payment and systems technology company Universe Group announced on Friday that its chief executive officer Jeremy Lewis had decided to leave the group to pursue other opportunities outside of the public markets.

26 Feb
edgar test 10
Panthera Resources sells investment in Anglo Saxony Mining

West Africa and India-focussed gold exploration and development company Panthera Resources announced the sale of its investment in Anglo Saxony Mining (ASM) for £1. 17m on Friday.

26 Feb
ep david beckham
Cellular Goods stock surges 310% in early trading

Shares in cannabinoid company Cellular Goods, started trading on a high on Friday in its launch on the London Stock Exchange.

26 Feb
ep recurso de electricidad postes electricos 20201014111103
Eqtec agrees land purchase for Haverton Hill plant

Waste-to-energy gasification technology company Eqtec announced on Friday that its wholly-owned subsidiary Haverton WTV and Scott Bros. Enterprises have signed a conditional land purchase agreement relating to the land on which the proposed up-to-25 MWe Billingham waste gasification and power plant at Haverton Hill would be constructed.

26 Feb
ep fabricacion de cannabis medicinal
FastForward pleased with performance of newly-balanced portfolio

Investment company FastForward Innovations updated the market on its performance on Friday, reporting that it had succeeded in achieving a better balance to its portfolio between liquid, pre-liquidity and longer term investments, as described in its investment policy announced in July.

26 Feb
coins currency investment insurance business finance company
Escape Hunt upbeat on outlook, agrees acquisition of French franchise

Escape room experience operator Escape Hunt has exchanged contracts to acquire its French master franchise partner BGP Escape, it announced on Friday.

26 Feb
internet computers
K3 Business Technology surges on sale of Starcom division

Software, cloud technology and managed services company K3 Business Technology announced the sale of its managed services unit Starcom Technologies on Friday, to UK-based infrastructure and services provider Node4, which is backed by private equity investment firm Bowmark Capital.

26 Feb
ep aerolineas del grupo iag
IAG crashes to €7.4bn annual loss as Covid pandemic takes toll

British Airways owner IAG swung to a massive €7. 4bn annual operating loss and pulled guidance for 2021, reflecting the impact of the Covid-19 crisis.

26 Feb
property, housing, real estate, house prices
Alpha Real EPS grows last quarter despite NAV slide

Real estate investment trust Alpha Real Trust said on Friday that adjust earnings had grown in the three months ended 31 December despite seeing its net asset value slip.

26 Feb
Tullow Oil, oil & gas, drilling, Ghana
Tullow Oil agrees $1.7bn reserves-based loan agreement with banks

Oil and gas exploration company Tullow Oil said on Friday that it has agreed a new debt facility of around $1. 7bn with its banks.

26 Feb
Jadestone issues guidance for 2021 production

Asia-Pacific focussed oil and gas production company Jadestone Energy updated the market on its outlook for 2021 on Friday, guiding for average crude oil production of between 11,500 and 13,500 barrels per day, assuming the successful drilling of H6 at Montara, two Skua well workovers, and completion of its acquisition of a 69% operated interest in the Maari asset, offshore New Zealand, at the end of the first half.

26 Feb
wind turbine renewable solar energy power green contourglobal
Greencoat Renewables agrees acquisition of Cordal wind farm

Renewable infrastructure company Greencoat Renewables announced an agreement to acquire the Cordal wind farm from renewable energy investor and operator Cubico Sustainable Investments on Friday.

26 Feb
house prices rightmove housing
Rightmove FY profit, revenue decline after customer discounts

Rightmove reported a drop in full-year profit on Friday as revenue took a hit after it gave discounts to customers during the coronavirus pandemic, but said it will resume dividend payments and its share buyback programme.

26 Feb
ep una investigadora trabaja en el laboratorio regional de salud publica de la comunidad de madrid
Silence to get $2m milestone payment from Mallinckrodt

Silence Therapeutics announced on Friday that it would receive a $2m (£1. 43m) milestone payment following the start of work on a third target being explored under its ongoing RNAi research collaboration with Mallinckrodt, for the treatment of complement pathway-mediated diseases.

26 Feb
Fullers FD Adam Councell to step down, take up job at Marlowe

Pub and hotels group Fuller, Smith & Turner said on Friday that Adam Councell plans to step down as finance director.

26 Feb
jupiter fund management
Jupiter Fund Management's AUM hits record high

Investment manager Jupiter Fund Management said on Friday that assets under management had hit an all-time high of £58. 7bn in 2020, offsetting an increased level of outflows throughout the year.

26 Feb
Pets at Home raises guidance again as demand surges

Pets At Home has lifted annual profit guidance again after a surge in demand from Britons stuck at home during the latest national Covid lockdown.

26 Feb
imi plc engineering
IMI 'resilient' as revenue falls, earnings improve

Engineering firm IMI reported a 3% fall in adjusted revenue in its preliminary results on Friday, to £1. 83bn, as it described its organic revenue for 2020 as “resilient”, being 4% lower year-on-year.