News And Announcements
NAO to investigate Crossrail overspend, delay
The UK's public spending watchdog is to investigate delays and overspending on London's £15bn Crossrail project.
Kier warns of 'growing risks' as it plots £264m rights issue
Kier has secured backing to raise £264m in a rights issue to reduce borrowing as management see increased risks associated with its net debt position.
Mosman progresses towards drilling Stanley-2
Oil exploration, development and production company Mosman Oil and Gas updated the market on the Stanley-2 development well, targeting oil in the Yegua sands, on Friday.
Shire gets EC approval for hereditary angioedema jab
Shire's injectable treatment for hereditary angioedema (HAE) has been cleared for launch in Europe, having enjoyed early success in the US.
Rotala sells Avonmouth depot, hedges diesel requirements
Rotala announced the sale of its freehold depot at Avonmouth, Bristol to Umberdata Avonmouth - a property investment company - for a cash consideration of £2. 09m on Friday.
Global Petroleum upbeat after Rome tribunal rejects two appeals
Global Petroleum announced on Friday that two appeals against the Environmental Decrees for its applications in the Southern Adriatic had been rejected by the Administrative Tribunal In Rome.
BlueRock Diamonds denies claims by former director Riaan Visser
Diamond mining company BlueRock Diamonds updated the market on claims made by its former director Riaan Visser on Friday.
Mporium Group launches new performance-led trading division
Event-driven technology firm Mporium Group announced the launch of its performance-led trading division ‘MporiumX’ on Friday.
Live Company to lease 'Mythical Beasts' to Korea's AWC firm
Live Company announced on Friday that its wholly-owned touring subsidiary, Bricklive Touring. Has entered into an agreement with South Korean company AWC Asia for the lease of the group's ‘Mythical Beasts’ touring assets until December 2021.
TEN plans to acquire Block Commodities delay annual report
Block Commodities has successfully completed the preliminary due diligence phase with The Eelleet Network (TEN), it announced on Friday, and said it would continue to progress the legal and technical aspects of the transaction over the coming weeks.
Metal Tiger's KML venture enters into agreement at Kitlanya
Strategic natural resources investor Metal Tiger updated the market on its Kalahari Metals (KML) joint venture in Botswana on Friday, reporting that following its announcement on 20 August, KML had now completed due diligence and entered into an earn-in agreement with Resource Exploration and Development (RED).
Bioquell surges on offer from Bill Gates-backed Ecolab
Bioquell shares surged on Friday as it agreed to be bought by US hygiene company Ecolab for £140. 5m.
HML Holdings buys property management group Daunsons Soar
HML Holdings has bought Pimlico-based property management business Dauntons Soar for up to £669,000.
Volkswagen and Tesco set to build largest free e-car charging network
Tesco and Volkswagen are set to build the largest free charging network for electric vehicles in the UK.
Former Autonomy CEO to face criminal charges in US
Autonomy’s co-founder Mike Lynch faces US criminal charges that include fraud and conspiracy regarding the company's takeover by Hewlett-Packard in 2011.
Hiscox, Spirax eye blue chip promotion in FTSE reshuffle
Royal Mail looks likely to be replaced by insurer Hiscox in the FTSE 100 in next month's quarterly reshuffle, while the completion of Shire's takeover in the new year will trigger the promotion of another newcomer.
Vast Resources sees mixed production results, focuses on stripping
Romania and Zimbabwe-focussed mining company Vast Resources updated the market on its operations and production for the three months ended 30 September on Friday, reporting a “solid” third quarter for the Pickstone-Peerless gold mine in Zimbabwe.
Metal Tiger pleased with Thai regulatory progress
Natural resources investor Metal Tiger announced on Friday that, on 22 November, the Thai Minister for Industry appointed the final six Mineral Committee members.
Pan African Resources upbeat on Royal Sheba drilling
Pan African Resources updated on the exploration drilling programme and the mineral resource estimate at Royal Sheba on Friday, reporting that it had finalised the exploration drilling programme on the project.
Intu Properties agrees trio of disposals for £25m
A day after revealing that a consortium led by its deputy chairman had pulled its £2. 9bn takeover offer for the shopping centre owner, Intu Properties announced a trio of property disposals for £25. 3m.