News And Announcements
PPHE rolls out safety programme as it reopens hotels
PPHE Hotel Group confirmed on Wednesday that it was welcoming guests back to its hotels, following the launch of its 20-step 'Reassuring Moments' programme, alongside the Radisson Hotel Group.
Solo Oil enters deal to sell Ausable Reef assets
Solo Oil updated the market on the disposal of its 28. 56% interest in the Ausable Reef gas assets in Ontario, Canada, to Levant Exploration and Production on Wednesday.
Greencoat snaps up 50% stake in Irish wind farm
Greencoat Renewables has snapped up a 50% stake in Ireland’s Carrickallen Wind Farm, the listed investment firm announced on Wednesday.
Creightons falls after it reports challenging trading
Creightons shares fell after the health and beauty product maker delayed its annual results and said trading was challenging.
Dekel confirms shipment of first cashew milling equipment
West Africa-focussed agriculture company Dekel Agri-Vision said on Wednesday that the first shipment of milling equipment has left the manufacturer in Italy, Oltremare, enroute to its cashew processing project in Tiebissou, Côte d'Ivoire, via the port of Abidjan.
Susan Davy to be Pennon CEO in board overhaul
Susan Davy will replace Chris Loughlin as chief executive of Pennon in a board overhaul that will also trigger the departure of Chairman John Parker.
MaxCyte signs licensing deal with Apeiron Biologics
Cell-based therapies and life sciences company MaxCyte announced a clinical and commercial licensing agreement with immunotherapy biotechnology firm Apeiron Biologics on Wednesday, under which Apeiron would obtain non-exclusive clinical and commercial rights to use MaxCyte's ‘Flow Electroporation’ technology and ‘ExPERT’ platform.
Full underground team back at Scotgold's Cononish mine
Scotgold Resources announced on Wednesday that the full underground development team has now returned to work, and blasting activities are being conducted at the Cononish Gold and Silver Mine.
Debt holders take control of Travelex in return for £84m injection
Foreign exchange company Travelex has agreed to a deal that will see its lenders take full control of the business in return for a debt restructuring and £84m cash injection, the company’s parent Finablr said.
Grant Thornton fined £1.95m for audit failures on Conviviality
Accountancy firm Grant Thornton has been fined £1. 95m by the UK industry regulator for failures during its auditing of alcohol retailer Conviviality which collapsed in 2018.
U&I tumbles into red after turbulent year
U and I Group has fallen into the red following a "challenging" year, the real estate developer said on Wednesday.
Ryanair cabin crew agree pay cuts to save jobs
Cabin crew at budget carrier Ryanair have agreed to take temporary pay cuts to avert planned job losses due to the coronavirus crisis, the Unite union said on Wednesday.
Boohoo orders supply-chain review after retailers drop brand
Boohoo has commissioned a review of its UK supply chain after Next and other customers dropped the fashion brand because of allegations over treatment of workers in factories.
Mpac service revenue, order book grows amid Covid crisis
Packaging and automation company Mpac Group updated the market on its operations on Wednesday, reporting that Covid-19 travel restrictions have had an impact on the timing of new original equipment orders, project execution and on-site service revenues.
FirstGroup swings to loss as lockdowns hit travel demand
Bus and rail operator FirstGroup scrapped its dividend and swung to a full-year loss as coronavirus lockdowns and woes at its US Greyhound business hit operations.
Funding Circle to add Bounce Bank Loans to Covid lending offer
Funding Circle shares were rocketing on Wednesday morning, as the company outlined its success thus far in government-backed coronavirus lending, in both the UK and the United States.
HSBC hit as White House said to weigh future of Hong Kong-US peg
Shares in HSBC fell sharply on Wednesday following reports that the White House was considering undermining the decades-old peg between the Hong Kong and US dollar.
Liontrust FY pre-tax profits slide, reports record AUM for Q1
Asset manager Liontrust reported record net inflows for the three months ended 30 June on Wednesday with assets under management continuing to grow throughout the quarter.
Amigo Holdings brings back former CEO Glen Crawford
Guarantor loans provider Amigo Holdings said on Wednesday that former boss Glen Crawford will rejoin the company as chief executive officer with effect from 1 August.
Omega Diagnostics completes open offer to raise £11m
Omega Diagnostics reported the results of its open offer on Wednesday, netting gross proceeds from its recent fundraising of £11m before expenses.