News And Announcements
Fuller's delays FY results, reveals reopening plans
Pub landlord Fuller, Smith & Turner delayed publication of its full-year results on Friday, stating its auditors had informed the group that it would need "additional time" to complete the process.
Victoria Oil files for arbitration with ENEO over non-payment
Victoria Oil & Gas updated the market on the gas sales agreement between its wholly-owned subsidiary Gaz du Cameroun (GDC), and ENEO Cameroon, on Friday, reporting its termination of the supply deal due to non-payment.
Covid crisis hinders UniVision recovery
CCTV and surveillance company UniVision updated the market on its trading for the year ended 31 March and the first quarter of the new financial year on Friday, following its reduced revenues and margin in the first half of the 2020 financial year.
Rolls-Royce 'reviewing options' to strengthen balance sheet, shares tank
Rolls-Royce confirmed on Friday that it is in the early stages of reviewing options to strengthen its balance sheet and position itself for recovery after the Covid-19 crisis.
Vela shares surge on adjusted holding in North Peak Resources
Vela Technologies updated the market on its holding of North Peak Resources on Friday, following North Peak’s change of business transaction.
Draper Esprit to cash in from Zynga purchase of Peak Games
Technology-focussed venture capital company Draper Esprit said on Friday that interactive entertainment giant Zynga has acquired Peak Games, the Istanbul-based creator of Toon Blast and Toy Blast, for a total price of about $1. 85bn.
Power Metal making progress at Kisinka project
Metals exploration and development company Power Metal Resources updated the market on its 70%-owned Kisinka Copper-Cobalt Project on Friday, which is located around 30 kilometres east of the regional capital of Lubumbashi, in the southern part of the Katangan copper belt in the Democratic Republic of the Congo.
Carnival's Costa extends cruise operations pause to 15 August
Carnival’s Costa Cruises has extended the pause for all of its cruises until 15 August and cancelled all cruises in Northern Europe for the rest of the 2020 summer season.
Jadestone launches arbitration against Inpex subsidiary
Asia-Pacific focussed oil and gas production company Jadestone Energy has started arbitration proceedings against Teikoku Oil Con Son - a wholly-owned subsidiary of Inpex Corporation - over Jadestone's acquisition of an interest in Block 05-1 PSC, offshore Vietnam, it announced on Friday.
Former Concurrent Technologies chair retiring from board
Computer board designer and manufacturer Concurrent Technologies announced on Friday that its former chairman, Michael Collins, intends to retire as a director and from the board on 30 September.
Dim T owner Tasty axes 284 jobs
AIM-listed restaurant operator Tasty said on Friday that it has made around 284 staff members redundant as footfall at its restaurants is expected to fall after reopening.
UK, EU watchdogs debate over final say in O2-Virgin deal - report
The UK competition watchdog is in discussions with Brussels for full control over the review of the proposed £31bn merger between Virgin Media and O2.
Ryanair Ireland pilots agree 20% pay cut
Budget carrier Ryanair said its Ireland-based pilots had accepted a 20% pay cut and changes to work practices in order to save jobs, following a similar move by the UK pilot union BALPA.
Goco appoints new CFO as Nick Wrighton heads for the exit
Comparison website Goco said on Friday that it has appointed Alan Burns as its new chief financial officer, succeeding Nick Wrighton, who is leaving after four years in the role.
Production falls but prices rise for Volga Gas in June
Russia-focussed oil and gas exploration and production company Volga Gas reported average production of 3,248 barrels of oil equivalent per day for June on Friday, which was 4% lower than in May.
Gresham House Energy acquires Bloxwich energy storage facility
Battery storage investor Gresham House Energy Storage Fund has acquired a 41MW operational energy storage facility, known as ‘Bloxwich’, from a group of investors led by Arenko Cleantech, in a deal worth at least £20. 1m.
Catenae inks pilot agreement with Botswana's Afrik-ID
Digital media and technology company Catenae Innovation has entered into a pilot agreement with Afrik-ID, to establish the commercial viability of its technology products in Botswana and across the Southern African Development Community (SADC).
Rio Tinto slashes estimates at Oyu Tolgoi after mine redesign
Australian miner Rio Tinto slashed copper reserve forecasts at its Oyu Tolgoi mine in Mongolia after design plans had to be redrawn due to more risks of rock instability.
Rank Group cash outflows to narrow with Mecca reopening
Gambling operator the Rank Group announced on Friday that it was expecting a reduction in its monthly cash outflow, to £7m from £10m, as it prepares to reopen its Mecca Bingo venues.
CMC Markets 2021 net operating income to beat consensus views
Shares of CMC Markets surged on Friday after the online trading platform said 2021 net operating income will exceed the upper end of market consensus as client trading activity remains strong.