News And Announcements
Proteome Sciences issues profit warning after project delays
Proteome Sciences, the AIM-listed protein sequencing contract research organisation, has warned it will swing to a net loss this year with full-year sales lower than expected.
T42 partners with Sateliot for container tracking solution
T42 IoT Tracking Solutions announced on Friday that it was joining forces with Sateliot IOT Services to enhance its connected container offerings.
Orcadian Energy extends Pilot farm-out deadline
Orcadian Energy updated the market on the potential farm-out of the Pilot development project on Friday, agreeing to extend the deadline for executing definitive documentation with the potential operator.
Kibo says joint venture partner missed payment deadline
Kibo Energy announced on Friday that its subsidiary Mast Energy Developments (MED) has issued a formal notice of enforcement to Proventure Holdings UK for failing to meet the binding joint venture agreement (JVA) conditions.
Agronomics investee Liberation gets USDA-backed financing
Cellular agriculture investor Agronomics announced a significant step in constructing and finalising Liberation Labs’ biomanufacturing facility in Indiana on Friday.
Reabold upbeat on new Italian energy policy
Oil and gas investor and developer Reabold Resources responded positively to a new decree from the Italian government on Friday.
Ascent sets up structure to distribute Slovenia claim proceeds
Onshore energy and natural resources company Ascent Resources updated the market on Friday following an investor feedback event.
ADM Energy looking at options for Aje Field
Natural resources investor ADM Energy announced on Friday that it has completed an internal review of its investments, financial resources, and future opportunities.
Ceres Power warns on revenues, shares tank
Ceres Power tanked on Friday after warning on full-year revenues, as it conceded it was unlikely to sign new deals in time for the revenue to be recognised in 2023.
Mattioli Woods subsidiary Maven to buy Newable Ventures
Mattioli Woods announced on Friday that its subsidiary Maven Capital Partners UK has agreed to acquire the entire share capital of Newable Ventures from Newable Capital Group, pending regulatory approval.
AstraZeneca calls off two phase III trials into hyperkalaemia treatment
Drugmaker AstraZeneca has called off two phase III trials on its hyperkalaemia treatment after a series of logistical challenges.
Capricorn Energy full-year production to miss current forecasts
Capricorn Energy said in a trading update on Friday that at the end of October, its working interest production across the four main concession areas in the Western Desert had averaged 30,600 barrels of oil equivalent per day (boepd), with oil accounting for 45% of total production for the year.
Rentokil Initial names new North America CEO
Rentokil Initial named Brad Paulsen as the new chief executive officer of the North America region on Friday.
House prices unexpectedly rise again in November - Nationwide
UK house prices unexpectedly rose again last month, according to a survey released on Friday by Nationwide.
China factory activity picks up in November
Factory activity in China picked up in November, according to figures released on Friday.
Brand Architekts takes over Mr Haircare as part of settlement
Brand Architekts updated the market on Friday on the resolution of its legal dispute with Jamie Stevens Media (JSML), its joint venture partner and co-shareholder in Mr Haircare.
Black Friday boosts retail footfall - BRC
UK retail footfall stabilised in November, industry data showed on Friday, as shoppers snapped up Black Friday bargains.
Frasers backs out of takeover after SportsCheck files for bankruptcy
Mike Ashley’s Frasers Group said on Thursday that it has backed out of plans to buy SportsCheck after the German sports retailer filed for insolvency.
Court overturns Apple's appeal of UK mobile markets probe
The Court of Appeal has upheld the Competition and Markets Authority’s (CMA) decision to initiate a market investigation into mobile browsers and cloud gaming.
Zoo Digital confident after strike-affected weak first half
Localisation and digital media service provider Zoo Digital reported a 58% fall in first-half revenue on Thursday, to $21. 4m, primarily attributed to the Hollywood writers’ and actors’ strikes.