News And Announcements
Just Eat shareholders approve Takeaway.com takeover
The battle for Just Eat ended on Friday as shareholders of the online food delivery service approved a £6. 3bn merger with Dutch rival Takeaway. com.
Lekoil confirms start of site survey on OPL 310
Nigeria and West Africa-focussed oil and gas exploration and production company Lekoil announced on Friday that the site survey on OPL 310 had started, on behalf of Optimum Petroleum Development Company, the operator of the licence, and Lekoil Nigeria, a member of the group.
Surface Transforms reports revenue in line with forecasts
Surface Transforms updated the market on its trading for the seven months ended 31 December, being the end of its new truncated financial year as it announced on 15 August.
Peter Hill stepping down as chairman at Volution
Residential and commercial construction ventilation products supplier Volution Group announced on Friday that Peter Hill would retire as its non-executive chairman and as a non-executive director on 31 March.
Frontier IP upbeat as portfolio company partners with Bayer
Intellectual property commercialisation company Frontier IP announced on Friday that its portfolio company Exscientia, which focuses on artificial intelligence (AI) driven drug discovery, has entered into a collaboration with Bayer focused on cardiovascular disease and oncology.
Gore Street Energy Storage awards contracts for Northern Ireland projects
Gore Street Energy Storage Fund has awarded fixed-price engineering, procurement and construction (EPC) contracts and long-term operations and maintenance contracts to NEC Energy Solutions, for 100MW of energy storage projects in Northern Ireland, it announced on Friday.
Jaguar Land Rover posts 5.9% drop in full-year sales
Jaguar Land Rover reported a fall in full-year sales on Friday amid "challenging" market conditions.
Great Western Mining reports 'compelling evidence' from Rock House sampling
Great Western Mining Corporation announced the results of its recently-completed soil sampling survey at the Rock House area on its properties in Mineral County, Nevada on Friday.
European Metals raises £0.35m to fund ongoing Cinovec development
European Metals Holdings has raised gross proceeds of £0. 35m via a share placing to UK investors, it announced on Friday.
Ground Rents Income Fund refinances £19.5m facility with Santander
Ground Rents Income Fund has refinanced its existing £19. 5m loan with Santander UK, it announced on Friday, agreeing a new five year, £25m facility comprising a £12. 5m term loan and a £12. 5m revolving credit facility.
Mkango subsidiary buys into UK magnet recycling firm HyProMag
Mkango Resources announced on Friday that its subsidiary Maginito has completed the acquisition of an initial 25% interest in HyProMag - a private, UK-based company focussed on rare earth magnet recycling, as it initially announced on 23 September.
Great Portland Estates sells Britton Street property to overseas investor
Great Portland Estates has exchanged contracts to sell 24/25 Britton Street, EC1 to an overseas investor for a headline sale price of £64. 5m, it announced on Friday equating to £64. 06m after the deduction of vendor top ups.
B&M European Value Q3 sales miss expectations
B&M European Value Retail was under the cosh on Friday as it reported slower-than-expected third-quarter sales against a "challenging backdrop".
Superdry warns on profits after disappointing Christmas trading
Clothing retailer Superdry warned on Friday that full-year profits could be wiped out after a disappointing performance over the Christmas period.
Apollo sells 33m Watches of Switzerland shares
Watches of Switzerland shares fell on Friday after private equity firm Apollo Global Management sold 33m shares in the company.
Joules issues profit warning as Xmas trading hit by stock issues
AIM-listed fashion retailer Joules issued a profit warning on Friday after its Christmas trading performance was hit by stock availability issues.
Ryanair raises FY guidance after strong Xmas; Lauda losses widen
Ryanair on Friday raised its full year profits guidance after a stronger-than-expected Christmas and New Year travel period and despite underperformance from its Austrian Laudamotion unit.
Overseas sales give JD Sports Xmas cheer
JD Sports Fashion said it expected full year profits to be in the upper quartile of expectations after positive like for like Christmas sales, especially from its overseas operations.
Mondi CEO steps down
Paper and packaging firm Mondi said chief executive Peter Oswald would step down and leave the group on March 31.