Small Caps
Conviviality CFO resigns
The chief financial officer of Conviviality, Andrew Humphreys, has tendered his resignation after three years at the company and will be succeeded by Mark Moran, the company reported on Wednesday.
Trinity Capital enters sale & purchase agreement for TCM with DB Realty
Investment banking firm Trinity Capital, on Wednesday, said it had entered into a sale and purchase agreement with DB Realty Limited to receive the equivalent of £1. 7m, while it extended the deadline for receipt of unconditional bids, regarding its auction of Trinity Capital Mauritius.
Director dealings: Sniper Investments snaps up another 300,000 shares in MPO
Sniper Investments acquired 300,000 ordinary shares of Asian firm Macau Property Opportunities Fund (MPO) on 17 October at price of 170. 25p each.
Shanta Gold says due diligence for new credit facility still ongoing
Shanta Gold reported on Wednesday that Investec Bank's due diligence in relation to a bigger credit facility was still ongoing as it continued evaluating legislative changes in Tanzania.
Artilium opens new office in Germany
Telecommunications software and solutions provider Artilium announced the opening of a new office in Germany on Wednesday.
New US clients boost Eckoh in first half
Secure payment products and customer contact solutions provider Eckoh updated the market on its trading on Wednesday, for the six months to 30 September.
Ncondezi Energy raises £0.75m in oversubscribed placing
Ncondezi Energy announced on Wednesday that it has conditionally raised a total of £0. 75m before expenses through an oversubscribed placing of 15 million ordinary shares, at a price of 5p per ordinary share.
Altus Strategies granted Daro exploration licence in Ethiopia
Africa-focussed exploration project generator Altus Strategies announced on Wednesday that it has been granted the Daro exploration licence targeting potential Kuroko-style Volcanogenic Massive Sulphide copper and gold deposits in the Tigray Regional State of northern Ethiopia.
Gama Aviation takes 100pc of Gama MENA in $5m deal
Gama Aviation announced the acquisition of the 51% interest in Gama MENA, currently owned by Jet Set Equity Partners, for a cash consideration of $5. 1m on Wednesday, following which it will own 100% of Gama MENA.
Sprue Aegis launches 'Check the Date' smoke alarm safety campaign
Home safety products developer and supplier Sprue Aegis announced the launch of its national ‘Check the Date’ campaign on Wednesday, to raise awareness of the recommendation by the UK Fire and Rescue services to replace all smoke alarms after ten years.
Oncimmune signs distribution agreement with Poland's SmartGene
Early cancer detection technology company Oncimmune Holdings announced on Wednesday that it has signed an exclusive agreement for distribution of its ‘EarlyCDT-Lung’ test in Poland with SmartGene, a Polish in vitro diagnostic (IVD) distribution company with almost 20 years of experience in laboratory and molecular diagnostics and life sciences.
Sula considers options for Sierra Leone gold project after encouraging sampling
After finding "very encouraging" gold samples from test drilling at its Ferensola project in Sierra Leone, explorer Sula will soon look to engage with potential joint venture or farm-out partners.
Purplebricks insists it's committed to transparency as ASA slams misleading adverts
Estate agency Purplebricks has received a slap on the wrist from the Advertising Standards Authority for potentially misleading customers over its fees.
Ubisense wins contract with 'premium' German carmaker
Enterprise location intelligence solutions provider Ubisense announced a new contract win in Europe for its RTLS SmartSpace division on Wednesday.
Proteome falls short on subscription to services
London-based protein biomarker firm Proteome received Good Clinical Laboratory Practice (GCLP) accreditation on Wednesday, enabling the firm to effectively compete for clinical stage contracts that commanded larger budgets, with the benefits of those expected to show in early 2018.
Independent Oil & Gas signs 'Letter of Intent' with Offshore Design Engineering
Independent Oil and Gas has signed a 'Letter of Intent' with Offshore Design Engineering (ODE), for the provision of several key contractor roles for its Blythe Hub and Vulcan Satellites Hub development project by the latter, reflecting the company's continued strong progress with its gas portfolio.
RWS agrees to buy Moravia in $320m+ deal
Intellectual property and support services provider RWS Holdings announced on Wednesday that it has entered into an agreement to acquire the entire issued share capital of Moravia US Holding Company and Moravia Lux Holding Company, which it describes as a “leading provider” of technology-enabled localisation services.
Pan African Resources operator Barberton Mines inks one-year wage deal with Union
The South African based gold mining group, Pan African Resources, reported that one of it's main operators, Barberton Mines Proprietary, had inked a one-year wage agreement with the National Union of Mineworkers, it announced on Wednesday.
Revolution Bars boss quits after Stonegate bid rejected
Mark McQuater, chief executive of Revolution Bars, has stepped down with immediate effect a day after shareholders voted against a recommended takeover by Stonegate Pub Company.
Production issues hit margins at Chamberlin
Specialist castings and engineering group Chamberlin updated the market on its trading for the financial year to 31 March on Wednesday, reporting that revenues for the first six months of the current financial year were in line with management expectations.