News And Announcements
JKX Oil and Gas' results from Ukrainian well exceed expectations
JKX Oil and Gas reported that testing at IG142, a new well drilled in the Ignativske field in Ukraine, significantly exceeded expectations on Friday.
Beter Bed reaches financial agreements with banks and major shareholders
Beter Bed Holding announced on Friday that it had reached agreement with its banks and major shareholders to facilitate its exit of German mattress discounter Matratzen Concord.
Symphony Environmental raises £1.93m via subscription
Symphony Environmental Technologies announced an equity subscription for 15,456,900 new ordinary shares by Vincel Investment Holdings on Friday, at a price of 12. 5p each, making for gross proceeds of £1. 93m.
PepsiCo to buy South Africa's Pioneer Foods for $1.7bn
PepsiCo has agreed to buy South Africa’s Pioneer Foods Group for $1. 7bn.
CMA raises competition concerns around new East Midlands franchise
The Competition and Markets Authority (CMA) has been investigating the award of the East Midlands rail franchise to Abellio, it announced on Friday, as part of its remit to look into the award of rail franchises as part of its mergers work.
Homebase said to be nearing acquisition of Bathstore
Homebase is said to be close to buying Bathstore after the specialist bathroom retailer collapsed into administration.
Amerisur Resources considering sale as it announces strategic review
South America-focused oil and gas producer and explorer Amerisur Resources announced a strategic review on Friday, which could include a sale of the company.
BlueRock Diamonds sell 12.2 carat diamond for $105,000
AIM-listed diamond mining company BlueRock Diamonds said on Friday that it has sold a 12. 2 carat diamond for $105,000 - $8,584 per carat - in the July tender.
Amerisur launches strategic review that could lead to sale
South America-focussed oil and gas producer and explorer Amerisur Resources announced on Friday that, following the receipt of interest in the company and its assets from other industry participants, and in light of the “high level” of recent activity in the Colombian exploration and production sector, it had decided to conduct a formal review of the strategic options available to the company to maximise value for shareholders.
Globalworth Real Estate closes acquisition of two Poland office blocks
Central and eastern Europe-focussed office real estate investor Globalworth Real Estate confirmed the closing of the acquisition of two “high quality” office buildings in Poland on Friday.
Motif Bio told it is in breach of Nasdaq listing rules
Motif Bio has received a deficiency notice from Nasdaq, indicating that based upon a review of its market value of listed securities (MVLS) for the last 30 consecutive business days, the company no longer met the minimum standard for continued listing on the Nasdaq Capital Market.
SolGold upbeat on latest progress at Cascabel Project
SolGold updated the market on the work programme and recent drilling at its Cascabel Project in Northern Ecuador on Friday, reporting that large additional tonnage was targeted to be brought into the indicated category at the Alpala Deposit, due to an additional 68,354 metres of drilling now completed since the release of the second mineral resource update.
Midatech reveals positive results from 'MTX102' human study
Midatech Pharma announced positive results from a first-in-human study of its ‘MTX102’ immuno-tolerising vaccine product candidate in diabetes on Friday.
Van Elle slumps as it warns on profits
AIM-listed ground engineering contractor Van Elle saw its shares slump as it issued a profit warning and highlighted ongoing uncertainty in markets.
John Laing Environmental buys up Yorkshire hydro projects
John Laing Environmental Assets Group (JLEN) announced the acquisition of Yorkshire Hydropower Holdings (YHHL) for a total consideration, including working capital, of £4. 3m on Friday.
AB InBev sells Australian business to Asahi
Anheuser-Busch InBev has agreed to sell its Australian operations to Japan's Asahi Group for an enterprise value of A$16bn (£9bn) to pay off debt.
Aston Martin's biggest shareholder to buy further 3% stake
Aston Martin Lagonda's biggest shareholder has offered to buy a further 3% stake in the luxury car maker.
Big Yellow's revenue growth slows amid 'heightened uncertainty'
Big Yellow Group reported a slowdown in revenue growth during the first quarter of its new financial year, though a strong occupancy performance largely helped the company overcome the effects of Brexit uncertainty.
Acacia Mining agrees £951m sale to Barrick Gold
Acacia Mining has agreed to be bought by Barrick Gold in a deal that values the UK gold miner at about £951m and concludes two months of fractious talks between the companies.
ITV and the BBC to launch 'BritBox' streaming service in the UK
ITV and the BBC have agreed to launch the ‘BritBox’ streaming service in the UK in the fourth quarter of the year, it was revealed on Friday.