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News And Announcements
23 Sep
1561131086 cybersecurity
Crossword Cybersecurity shares fall as losses widen

Shares in Crossword Cybersecurity fell on Monday as it reported a deepened interim loss, with higher costs more than outweighing revenue growth.

23 Sep
adollarmakemeholler
MTI Wireless Edge receives antenna order worth $1m

Communications and radio frequency solutions provider MTI Wireless Edge announced on Monday that its antenna division has received an order valued at around $1m (£0. 8m).

23 Sep
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Urban Logistics acquires Connect Group portfolio of depots

Specialist industrial and logistics investor Urban Logistics REIT announced on Monday that it has exchanged contracts to acquire a portfolio of six parcel distribution depots from Connect Group for a total consideration of £9. 9m before purchaser costs, at a 7. 04% net initial yield.

23 Sep
technology computers server
Osirium Technologies expands relationship with public sector IT provider

Cloud-based cybersecurity technology vendor Osirium Technologies announced a “significant” contract win with an unnamed “major” UK provider of software and IT services to the public sector on Monday.

23 Sep
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Seeing Machines sees revenues drive ahead

Australia’s Seeing Machines has forecast further growth in 2020 after full-year revenues jumped.

23 Sep
First Quantum Minerals denies takeover talks

First Quantum Minerals said on Monday that it is not engaged in discussions regarding a takeover bid but is in talks about a potential sale of a minority interest in its Zambian copper assets.

23 Sep
Drugs, pharmaceuticals, medical
Mallinckrodt cheers investors with positive trial results

Shares in Mallinckrodt Pharmaceuticals jumped on Monday after the drug company reported positive results for a key Phase 3 clinical trial.

23 Sep
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Whitbread buys three hotels in Germany

Premier Inn owner Whitbread said on Monday that it has bought three hotels in Germany for an undisclosed sum.

23 Sep
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Pressure grows on WeWork founder to step aside - reports

Investors in WeWork are agitating for founder Adam Neumann to step down as chief executive, according to reports.

23 Sep
Brighton Pier by Valcker (Flickr)
Brighton Pier thanks weather for bright start to the year

The owners of Brighton’s 120-year old Palace Pier said on Monday that the current year had got off to a sunny start thanks to record weather over the August bank holiday.

23 Sep
sports direct mike ashley
Sports Direct makes £4m cash offer for Goals Soccer Centres

Sports Direct waded back into the takeover market on Monday with a discounted £4m cash offer to buy out scandal-hit Goals Soccer Centres.

23 Sep
Marks & Spencer CFO to step down

High Street retailer Marks & Spencer on Monday said chief financial officer Humphrey Singer had decided to leave the company after only 14 months in the job.

23 Sep
Thomas Cook collapses after rescue talks fail

Travel operator Thomas Cook finally collapsed on Monday as last-minute talks to save the industry giant failed, leaving 600,000 holidaymakers stranded around the world and putting 22,000 global jobs at risk.

23 Sep
atr 72 turboprop aircraft airplane from below
Avation delivers second new ATR 72 to US-Bangla Airlines

Commercial passenger aircraft leasing company Avation has delivered a second new ATR 72-600 aircraft, with manufacturer's serial number 1563, to the south Asian operator US-Bangla Airlines. , it announced on Monday.

23 Sep
edgar test 10
Harvest Minerals expands mining area at Arapua Project

Fertiliser producer Harvest Minerals has expanded the current mining area and added additional run-of-mine storage capacity at its Arapua Project in Brazil, it announced on Monday.

23 Sep
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Sylvania Platinum launches share buyback to cover treasury shortfall

Sylvania Platinum announced on Monday that it intends to acquire up to 4. 2 million ordinary shares under a share buyback.

23 Sep
investigacion, laboratorio, i+d
Evgen Pharma upbeat on latest news from SFX-01 studies

Clinical stage drug development company Evgen Pharma announced on Monday that five patients who participated in the ‘STEM’ trial received ‘SFX-01’ treatment for more than one year, with two of those patients continuing to be treated with SFX-01.

23 Sep
northgate car van ford
Northgate reiterates Brexit caution as strategic review continues

UK, Ireland and Spain-focussed light commercial vehicle hire specialist Northgate told shareholders that its strategic review, focussed on the company’s “significant intrinsic value”, was ongoing on Monday, as they gathered for their annual general meeting.

23 Sep
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Mkango's Magninito inks deal with magnet recycling pioneer HyProMag

Mkango Resources announced on Monday that its majority-owned subsidiary Maginito has signed an investment term sheet and one-year exclusivity agreement with HyProMag - a private company focused on rare earth magnet recycling.

23 Sep
World High Life to buy cannabis oil supplier Love Hemp for £9m

Medical cannabis investment company World High Life has agreed to buy London-based cannabis oil supplier Love Hemp for up to £9m.