News And Announcements
Regional REIT confirms dividend, future payouts on review
Regional REIT confirmed its dividend for the fourth quarter of 2. 55p a share but warned that future payouts would be subject to review in light of the Covid-19 pandemic.
APi Group FY revenues rise on segment growth
APi Group Corporation reported a 9. 8% improvement in combined net revenues in its final results on Thursday, to $4. 1bn.
Volvere in the black as it faces Covid crisis
Growth and turnaround investment specialist Volvere said it expected to pre-tax profit of £3. 1m, swinging from a loss of £2. 5m.
Caledonia Mining Q1 gold production rises
Caledonia Mining Corporation reported a rise in gold production from the Blanket Mine in Zimbabwe for the three months ended 31 March on Thursday.
International PPL posts growth in FY NAV per share
International Public Partnerships reported net asset value per share growth to 150. 6p from 148. 1p in its full-year results on Thursday.
NMC Health placed in administration
Beleaguered Gulf hospital operator NMC Health was placed in administration on Thursday after one of its largest creditors took legal action.
Crest Nicholson moves to full shutdown
Maintaining operations in the wake of the Covid-19 pandemic has now become impractical, one of the UK's largest homebuilders said.
West Derby project on track despite pandemic, says Dukemount
Dukemount Capital updated the market on the West Derby project in the north west of England on Thursday, reporting that it was still on schedule for completion in August.
Debenhams enters administration for the second time in a year
Ailing department store chain Debenhams officially filed for administration on Thursday, for the second time in a year.
Arc Minerals agrees royalty deal with Golden Square
Arc Minerals has entered into a binding royalty agreement with Golden Square Equity Partners, it announced on Thursday, following the sale of its entire 99. 43% interest in Casa Mining to Golden Square for a consideration of up to $50m, as announced on 18 March.
Bonhill Group raising £2.5m to fund it through the fourth quarter
Business-to-business media company Bonhill Group announced a proposed placing to raise a minimum of £2. 5m at 5p per share on Thursday.
EnQuest making cost savings amid low oil price environment
Petroleum exploration and production company EnQuest reported average group production of 68,606 barrels of oil equivalent per day (boepd) in its full-year results on Thursday, up 23. 7% on 2018.
Prudential executive directors take pay cut amid Covid-19 crisis
Prudential said on Thursday that its executive directors will take a pay cut due to the coronavirus pandemic.
Serabi Gold amends deal with Equinox amid Covid lockdown
Brazil-focussed gold mining and development company Serabi Gold has reached an agreement with Equinox Gold, it announced on Thursday, to extend the payment period for the final purchase instalment for the purchase of the Coringa gold project.
Greggs should have liquidity to withstand 'prolonged' closure
Greggs said on Thursday that it is eligible for the government’s coronavirus support scheme and should have sufficient liquidity to withstand a prolonged period of closure.
Eurasia Mining confident in position amid coronavirus crisis
Palladium, platinum, rhodium, iridium and gold producing company Eurasia Mining updated the market on its operations on Thursday, as its shares remained suspended.
Chariot Oil & Gas restructures, cuts costs in low price environment
Chariot Oil & Gas updated the market on its strategic direction and response to current market uncertainty around the Covid-19 coronavirus pandemic and commodity price weakness on Thursday.
Smith & Nephew hires Merlin's Nesmes as new CFO
Smith & Nephew has hired Anne-Francoise Nesmes as chief financial officer from Merlin Entertainments.
Puretech Health revenues slide, losses widen
Clinical-stage biotherapeutics company Puretech Health posted weaker full-year revenues and a widened operating loss on Thursday and also noted it was yet to see any impact to ongoing work as a result of the Covid-19 outbreak.
Speedy Hire cutting costs, furloughing half of workforce
Tools and equipment hire company Speedy Hire said on Thursday that it is cutting costs amid the coronavirus outbreak and furloughing around half of its workforce, but noted it has retained a "substantial" chunk of its revenues.