News And Announcements
AB Dynamics launches £50.1m placing an open offer
AIM-listed AB Dynamics, which designs, manufactures and supplies advanced testing systems, has announced plans to raise around £50. 1m in a placing and open offer, partly to help finance any potential acquisitions.
Purplebricks appoints Phil Felice as interim CEO of US business
Hybrid real estate agency Purplebricks has appointed Phil Felice as interim chief executive officer of its US business.
Google to curtail Huawei's Android access after US blacklisting
Google has restricted mobile phone giant Huawei from some features of its Android operating system following the Trump administration's blacklisting of the Chinese outfit.
Provident shareholders urged to reject 'significantly flawed' NSF takeover
Sub-prime lender Provident Financial's third-largest shareholder urged investors to take no action in relation to Non-Standard Finance's £1. 3bn hostile takeover bid on Monday.
Tetra Tech to buy WYG in £43m deal
AIM-listed WYG, which delivers consulting and engineering, has agreed to be bought by Tetra Tech in a £43. 4m deal.
Polymetal reassures shareholders over safety of tailings storage facilities
Polymetal issued “full disclosure” on its tailings storage facilities management to the market on Monday, in response to a request from the Church of England Pensions Board and the Swedish Council on Ethics for the AP Funds.
GCP Infrastructure raising £64m debt to fund onshore wind investment
GCP Infrastructure Investments has entered into a conditional commitment to subscribe for two new loan notes for a consideration of around £64m, it announced on Monday.
Syncona launches cell-therapy company to combat organ rejection
Syncona confirmed on Monday that it has founded a new cell-therapy treatment company, pitching in with £34. 0m to fund the new venture in exchange for a 69. 3% stake.
Softcat sees full-year results 'slightly ahead' of expectations
Softcat, which provides IT infrastructure products and services, said full-year results will now be slightly ahead of previous expectations.
Unite student fund raises £250m
Student accommodation manager Unite Group said its Unite UK Student Accommodation Fund (USAF) had raised £250m of new equity from external investors.