Company News
21 Sep
Regal Petroleum profits rocket as production kicks up a gear

Oil and gas exploration and production group Regal Petroleum saw its shares rise on Friday as its first-half profits shot up on the back of a jump in revenue.

21 Sep
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Georgia Healthcare taps William Huyett to take over as chairman

Georgia Healthcare elevated non-executive director William Huyett to the role of chairman on Friday.

21 Sep
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Gfinity enters partnership to design advanced esports facility

Esports experts Gfinity on Friday partnered with engineering firm Arup in order to design "the world's most advanced integrated esports facility".

21 Sep
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Uber in talks to take over Deliveroo, hitting Just Eat

Uber is in early-stage talk to buy Deliveroo to boost its food delivery services, news that sent Just Eat shares sagging to a one-year low.

21 Sep
RBC Capital starts Paragon at 'sector perform'

RBC Capital Markets initiated coverage of Paragon Banking Group at 'sector perform' with a 500p price target on Friday, noting that buy-to-let growth is still strong and Paragon is the only lender with an expanding margin.

21 Sep
OKYO adds experienced research director to team

Biotechnology company OKYO Pharma announced the appointment of Raj Patil as its senior director of research and development on Friday.

21 Sep
Xeros Technology signs 10-year deal with Le Farc

Water saving technologies developer Xeros Technology Group has signed a 10-year contract with Le Farc, to convert its re-tanning operations in León, Mexico to use Xeros' patented polymer technology, it announced on Friday.

21 Sep
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Thalassa Holdings reourchases another 50,000 shares

Thalassa Holdings announced on Friday that, on Thursday, it purchased 50,000 of its shares at a price of 94p each.

21 Sep
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Osirium wins cyber-security contract with major British retailer

Cybersecurity software group Osirium Technologies has inked a contract with an unnamed major British retailer.

21 Sep
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Moss Bros swings to loss, warns over FY profit

Moss Bros pinned the blame on the World Cup and the hot weather on Friday as it said it swung to a loss in the first half and warned that full-year operating profit will be "materially" lower than current market expectations of £2. 3m.

21 Sep
Tower Resources and operator seek farm-out partner at Algoa-Gamtoos

Africa-focussed oil and gas company Tower Resources updated the market on its Algoa-Gamtoos licence in South Africa, in which it holds a 50% interest through its wholly-owned subsidiary Rift Petroleum, together with the operator New Age Energy Algoa, on Friday.

21 Sep
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Mercia Technologies investee companies reach 'significant' milestones

Technology business investment group Mercia Technologies told shareholders on Friday that, since its 31 March year-end, its direct investment portfolio had continued to make “good overall progress”.

21 Sep
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Armadale reports progress in Tanzania, appoints China consultant

Natural resources investment company Armadale Capital announced “significant progress” on the 2018 field work programme underway at its Mahenge Liandu Graphite Project in Tanzania on Friday.

21 Sep
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Andalas Energy acquires interest in Colter prospect

Upstream oil and gas and energy company Andalas Energy and Power has, through its 100%-owned subsidiary Resolute Oil & Gas UK, entered into an agreement with Corallian Energy to acquire, via a farm-in, an 8% interest in UK Continental Shelf Licence P1918 which contains the Colter prospect, as well as PEDL 330 and PEDL 345.

21 Sep
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Greencoat Renewables acquires Knocknalour wind farm

AIM-listed energy outfit Greencoat Renewables has acquired the Knocknalour wind farm in County Wexford for a total of €10. 9m.

21 Sep
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Jadestone acquisition of Montara project clear to proceed

Independent oil and gas production company Jadestone Energy announced on Friday that all conditions precedent to its proposed acquisition of the Montara oil project, offshore Australia, were now satisfied.

21 Sep
AMG Superalloys enters renewable power agreement with Orsted

AMG Advanced Metallurgical Group announced on Friday that AMG Superalloys has entered into a multi-year agreement with Ørsted to purchase 100% of its power requirements from renewable sources, starting in October 2018.

21 Sep
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M&C Saatchi profits jump as UK operations impress

Advertising agency M&C Saatchi reported a 26% increase in first-half profit before tax to £16. 7m on Friday after a strong performance from the outfit's UK operations.

21 Sep
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Telit parts ways with CEO

Telit Communications has parted ways with chief executive Yosi Fait after the two reached an agreement for him to relinquish his directorship in the firm with immediate effect.

21 Sep
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Savannah Resources losses narrow throughout 'pivotal period'

Savannah Resources told investors on Friday that the first half of its trading year had been "a pivotal period" with the acceleration of its work programmes at the Mina do Barroso lithium project taking centre stage.