News And Announcements
Arena Events delivers Japan's biggest temporary hospitality structure
Arena Events Group has completed the installation of the largest single temporary hospitality structure ever installed in Japan in partnership with Omni International, it announced on Friday, in Yokohama, for the Rugby World Cup being hosted in the country.
Oncimmune funded into 2021 with new EUR 8.5m facility
Immunodiagnostics company Oncimmune Holdings has secured a credit facility of €8. 5m (£7. 5m) with IPF Management, it announced on Friday.
Midatech Pharma gets approval for next MTD201 study
Biotechnology company Midatech Pharma has received approval to commence a phase 1 study on MTD201, which it is developing for the treatment of acromegaly and neuroendocrine tumours (NET).
Thomas Cook seeking a further £200m in funding
Beleaguered travel company Thomas Cook confirmed on Friday that it is looking for an additional £200m in funding to avoid going bust, as unions called on the government to intervene.
BlueRock Diamonds shines bright as it sells 10.6 carat diamond
BlueRock Diamonds has sold a 10. 6 carat diamond for $103,000, or $9,751 per carat.
Trainline runs off the rails as investors sell shares
Trainline shares ran off the rails on Friday after a group of investors including largest shareholder KKR sold off 65. 5 million shares.
Drilling work on i3 Energy's Liberator Field continuing
UK-focussed oil and gas company i3 Energy updated the market on its operations on Friday, reporting that the 13/23c-9 pilot well on its wholly-owned Liberator Field had now been plugged and abandoned as planned, following the completion of the vertical seismic profile survey and shear wave sonic logging.
Limitless Earth puts another $0.1m into Chronix Biomedical
Investment company Limitless Earth has made a further investment in Chronix Biomedical, a developer of novel blood-based cancer molecular diagnostics, of approximately $0. 1m, it announced on Friday.
Ormonde reports solid progress at Barruecopardo Tungsten Mine
Ormonde updated the market on the Barruecopardo Tungsten Mine in Salamanca, Spain on Friday, which was currently in the first year ramp-up operational phase, and was being operated by Saloro, in which Ormonde holds a 30% beneficial interest.
Sunrise Resources upbeat on continuing work in Nevada
Sunrise Resources updated the market on progress at its CS Pozzolan-Perlite Project in Nevada on Friday, reporting that “good progress” had been made on permitting since the last update on 31 July, when the remaining steps were set out.
Serco awarded £450m Northern Isles ferry contract
Serco has been selected as preferred bidder to continue managing and operating Northern Isles Ferry Services.
Billing Services Group revenue falls as board seeks sale of business
Telecommunications clearing and financial settlement provider Billing Services Group reported a $1. 4m (£1. 12m) year-on-year decline in revenue to $7m in its half-year results on Friday.
Eve Sleep FY revenues to be hit; merger talks with Simba end
Eve Sleep warned on Friday that full-year revenues would be hit by challenging conditions as it said talks about a possible merger with rival Simba have ended.
Alien Metals to acquire majority interest in two iron ore licences
Mineral exploration and development company Alien Metals has entered into a binding option agreement with Windfield Metals to acquire a 51% interest in two exploration licences prospective for Direct Shipping Ore (DSO) iron ore in the Pilbara region of Western Australia it announced on Friday.
Acquisitions boost Smiths Group FY profits
Smiths Group on Friday reported a 13% rise in full year profits, driven by acquisitions and favourable currency conditions.
Casino in talks to sell Leader Price to Aldi
French supermarket retailer Casino confirmed late on Thursday that it is in talks with German discounter Aldi about selling its discount chain Leader Price.
Ascent Resources raises £1.08m in subscription deal with RiverFort
Slovenia-focussed oil and gas exploration and production company Ascent Resources has entered into a subscription agreement for £1. 08m before costs, with RiverFort Global Opportunities PCC, it announced on Friday.
RBS appoints Alison Rose as CEO
Royal Bank of Scotland has appointed Alison Rose as its new chief executive officer.
Hurricane Energy recognises first revenue as it continues drilling programme
Oil and gas company Hurricane Energy has recognised revenue for the first time relating to a single cargo of crude oil that was sold in its first half, it announced in its interim results on Friday.
Investec warns on interim profits as Brexit worries, costs take toll
Asset manager Investec warned on interim profits as Brexit, trade wars and a company restructure were all forecast to hit earnings.