News And Announcements
Parsley Box plans float to target over-60s with ready meals
Parsley Box said it would float on the stock exchange to expand its business selling ready meals to people aged 60 or over.
Vectura delays results because of KPMG staff shortage
Vectura delayed the publication of its annual results after KPMG asked for more time to audit the accounts because of a staff shortage caused by Covid-19.
Origin Enterprises buys Green-tech for undisclosed sum
AIM-listed Origin Enterprises said on Friday that it has bought Green-tech, a manufacturer and distributor of landscaping, forestry and grounds maintenance equipment, for an undisclosed sum.
Rathbone Brothers chairman Mark Nicholls steps down
Investment manager Rathbone Brothers said on Friday that non-executive chairman Mark Nicholls has decided to retire with immediate effect due to "unforeseen personal circumstances".
Frasers Group to review estate after 'worthless' rates relief Budget package
Mike Ashley’s Frasers Group said it may have to close unviable stores after what it called a "near worthless” package of business rates relief in the Budget.
Lloyds Bank to become private landlord - report
Lloyds Banking Group is planning to become a large private landlord as it seeks new sources of revenue with interest rates at record lows, the Financial Times reported.
Senior sells build-to-print manufacturing business for $74m
Senior said on Friday that it has sold its standalone, build-to-print helicopter structures operating business, Senior Aerospace Connecticut, to PCX Aerosystems for $74m (£53m).
GCP Student cuts dividend as asset values drop
GCP Student Living reported a drop in asset values and a sharply reduced dividend after Covid-19 cut occupancy at its sites.
LSE Group posts higher full-year profits and sales
The London Stock Exchange Group posted higher full-year profit and sales driven by a stronger-than-expected showing in both its Post Trade units and Information units despite the "unparalleled" environment.
ConvaTec says pandemic created both challenges and opportunities in 2020
ConvaTec posted a rise in full-year revenue but a dip in earnings after the pandemic created "both challenges and opportunities" for the medical products and technology company in 2020.
Unite Group extends rent discount again
Student accommodation provider Unite Group announced on Friday that it was extending its 50% rent discount by an additional three weeks as it said that its discount and tenancy extension will impact rental income less than expected.
Spirent buys US-based octoScope for $55m
Technology company Spirent Communications said it had bought US peer octoScope for $55m in cash.
Essentra restarts dividend on upbeat outlook
Essentra restarted its dividend as the components and packaging company posted an upbeat outlook after a steep decline in annual profit.
Aggreko agrees £2.3bn sale to private equity groups
Aggreko has agreed to be bought by two private equity firms in a cash deal valuing the FTSE 250 company at £2. 3bn.
David Crosby sells music catalogue to Iconic Artists Group
David Crosby has become the latest major artist to sell his music and catalogue, as he blamed the inability to perform live during the Covid-19 pandemic.
Barratt Developments CFO Jessica White to step down
Barratt Developments said on Thursday that Jessica White will step down as chief financial officer on 30 June for personal reasons and leave the housebuilder at the end of July.
Tracsis awarded new contracts with large American transit agency
Transport-focussed software, hardware and data analytics company Tracsis has been awarded new contracts for the supply of remote conditioning monitoring (RCM) hardware and software to an unnamed North American transit agency, it announced on Thursday.
Morses Club performs 'resiliently' in 2020
Non-standard financial services provider Morses Club said on Thursday that it performed “resiliently and profitably” in the year ended 27 February, accelerating its digital strategy in response to the Covid-19 pandemic.
Deutsche cuts Weir to 'hold' after results disappoint
Deutsche Bank downgraded Weir Group to 'hold' after disappointing orders and no dividend announced at its recent results.
Deliveroo opts for London IPO after listing rules review
Deliveroo has chosen London for its initial public offering after a review of listing rules recommended allowing founders to retain greater control after a company has floated.