News And Announcements
Hummingbird confirms advancement of Dugbe Gold Project
Hummingbird Resources updated the market on the Dugbe Gold Project and the acquisition of ARX Resources by Pasofino Gold on Wednesday.
Origin Enterprises appoints new finance chief
Agricultural services producer Origin Enterprises announced the appointment of TJ Kelly as its new chief financial officer on Wednesday.
Oncimmune enters collaboration with Roche subsidiary
Immunodiagnostics group Oncimmune Holdings has signed a collaboration with Roche subsidiary Genentech, it announced on Wednesday, to characterise the autoantibody profiles of patients in clinical trials for rheumatological diseases, including systemic lupus erythematosus (SLE).
Diploma surges after raising £190m to help fund US acquisition
Diploma shares surged on Wednesday after the company successfully raised around £190m in a placing to help fund the acquisition of US-based wire and cable distributor Windy City Wire Cable and Technology Products and said it will pay a dividend.
China Yangtze, world's largest hydroelectric firm, to list in London
The world's largest hydropower company has kicked-off a bookbuilding exercise for the sale of Global Depositary Receipts representing 5% of its capital prior to the offering.
Fulcrum upbeat on improving trading post-lockdown
Multi-utility infrastructure and services provider Fulcrum Utility Services updated the market on its trading on Wednesday, reporting that during the first quarter of the 2021 financial year, it saw an increase in activity month-on-month as lockdown restrictions eased.
Joules hails 'encouraging' Q1 performance as sales drop 18%
Clothing retailer Joules reported an 18% decline in first-quarter group revenue on Wednesday but said this was an "encouraging" performance against a tough backdrop.
Bigblu subsidiary wins Lincolnshire broadband tender
Bigblu Broadband announced on Wednesday that its subsidiary Quickline Communications has won a competitive tender to provide fixed wireless access to premises across Lincolnshire that are unable to access fast and reliable internet connectivity.
Uniphar acquires Diligent Health Solutions in $27m deal
Uniphar announced the acquisition of the US-based Diligent Health Solutions on Wednesday, in a deal worth up to $27m (£21. 21m).
SSP warns on job losses as H2 sales plunge 86%
Upper Crust and Caffe Ritazza owner SSP Group warned of “considerable” job losses as it expected second-half sales to plummet by 86% amid the coronavirus pandemic although it lowered forecast cash burn for the period.
JP Morgan to shift €200bn from UK to Germany - report
JP Morgan will become one of Germany's biggest banks when it moves about €200bn (£184bn) of assets from the UK to Frankfurt because of Brexit, Bloomberg reported.
Warpaint H1 losses widen as Covid-19 dents revenues
Cosmetics company Warpaint London reported a widening of its losses in the first half as it took a hit from the pandemic, but declared an interim dividend thanks to "good cash control".
Hardide set to end year in line with expectations
Surface coating technology company Hardide said on Wednesday that it was expecting to report revenues of £4. 7m for the year ending 30 June, and an EBITDA loss of £0. 5m.
Ilika signs agreement with UK Battery Industrialisation Centre
Solid-state battery technology company Ilika announced the signing of a framework agreement with the UK Battery Industrialisation Centre (UKBIC) on Wednesday, for the production of ‘Goliath’ solid-state pouch cells.
St James House upbeat on payments division improvements
St James House updated the market on its trading on Wednesday, reporting that its payments division saw non-card related sterling and euro activity holding steady through August.
Xeros narrows losses as licensees delay launch plans
Clothing and fabrics technology company Xeros announced a 59. 8% reduction in its adjusted EBITDA loss in its first half on Wednesday, to £3. 0m, as it confirmed its licensees had delayed some market launch plans.
Eurozone growth stalls as Covid-19 hits services - PMI
Eurozone business activity stalled in September as manufacturing growth was offset by weaker demand for services caused by rising Covid-19 infections and social distancing measures.
Halma sees 2021 profits 5 - 10% lower as revenue trend improves
Hazard detection company Halma said it expected 2021 adjusted pre-tax profits to be 5% - 10% lower and more weighted to the second half as revenue continued to improve into the second quarter.
Blue Star Capital invests in French start-up Formation Esports
Technology investment company Blue Star Capital has invested €0. 125m (£0. 12m) in Formation Esports, it announced on Wednesday.
Vodafone to test suppliers on diversity and environment
Vodafone said its suppliers would have to show their commitment to diversity, inclusion and the environment when tendering for new work as the telecoms company seeks to improve its social and environmental impact.