News And Announcements
Capital Metals progresses Eastern mineral sands project
Sri Lanka-focussed natural resources developer Capital Metals updated the market on progress at the Eastern mineral sands project on Tuesday, reporting that it was in the final stages of the environmental impact assessment process, having completed all necessary workstreams.
Trackwise Designs extends deal with EV manufacturer
Printed circuit technology company Trackwise Designs announced an extension and amendment to its product manufacture and supply agreement with a UK-based manufacturer of electric vehicles, originally announced in September 2020.
Losses widen for TomCo Energy
Oil development company TomCo Energy reported an operating loss of £0. 74m in its interim results on Tuesday, widening from £0. 38m a year earlier.
Senior rejects fifth and final offer from Lone Star
Aerospace engineer Senior said on Tuesday that it has rejected a fifth and final takeover approach from US private equity firm Lone Star valuing the group at around £839m.
Scancell makes progress with 'Covidity' trial plans
Immunotherapy developer Scancell updated the market on ‘Covidity’ clinical trial plans, and the publication of preclinical data on two vaccine candidates from the research programme.
Travis Perkins upgrades FY profit guidance, shares rally
Travis Perkins shares shot higher on Tuesday after the builders’ merchant upgraded its full-year profit guidance thanks to a strong performance in the second quarter.
Banks warned over failure to provide statements to former customers
Monzo has received a formal warning from the Competition and Markets Authority after the online lender breached banking rules.
Good Energy performing in line with expectations
Renewable electricity supplier and energy services company Good Energy Group said on Tuesday that performance in the year-to-date had been in line with its expectations, showing a “marked improvement” over 2020, which was adversely affected by several Covid-19 factors, including the first national lockdown.
Aston Martin to sue Swiss car dealer over Valkyrie deposits
Aston Martin said on Tuesday that it is suing Swiss car dealer Nebula Project and its board members for failing to pay some customer deposits for orders of the £2. 5m Valkyrie sports car and that this will dent full-year profits by up to £15m.
Manufacturing output surges but price pressures loom - CBI
Manufacturing output surged at the fastest rate on record in the last quarter, a closely-watched survey showed on Tuesday, as the UK economy continued to open up.
FCA extends climate disclosure rules to more firms
The Financial Conduct Authority is planning to extend climate-related disclosures to more listed companies as well as to asset managers and life insurers.
News UK and BT fail to agree potential tie-up
News UK held talks with telecoms giant BT Group about a prospective commercial partnership, it emerged on Tuesday.
One Media iP acquires Barry Blue-produced Heatwave royalties
Digital music intellectual property investor One Media iP Group has acquired the producer royalties to three of Heatwave’s albums, produced by Barry Blue, being 1976’s Too Hot To Handle, 1978’s Central Heating, and 1982’s Current.
Cinven, Bain said to be battling it out for Rolls-Royce's ITP Aero
Private equity firms Bain Capital and Cinven are reportedly battling it out in the final bidding for Rolls-Royce’s ITP Aero division, which could fetch around €1. 5bn.
Victorian Plumbing shares rise on first trading day
Victorian Plumbing shares rose strongly when they began trading on Tuesday, completing the largest flotation on London's AIM market.
Supermarket sales ease as shoppers get back to normal
Supermarket sales eased over the last three months, industry data showed on Tuesday, as shoppers made more regular trips but spent less.
Itim flotation to value company at £48.1m
Itim said it would raise £8m in a flotation that will value the retail marketing group at about £48. 1m.
Equiniti appoints Mitie’s Andrew Peeler as CFO
Equiniti has appointed Andrew Peeler as its chief financial officer with effect from 1 August, succeeding John Stier.
4basebio files for patent on novel DNA type
Specialist gene therapy life sciences company 4basebio UK has filed a patent application for a novel protected and stabilised linear synthetic DNA type, dubbed ‘osDNA’, it announced on Tuesday.
Falcon Oil begins work programme on Beetaloo sub-basin
Falcon Oil & Gas announced the start of its 2021 work programme on Tuesday, starting with operations at Kyalla 117 in the Beetaloo Sub-Basin of Australia’s Northern Territory with its joint venture partner Origin Energy B2, a wholly-owned subsidiary of Origin Energy.