Company News
Motif Bio files shelf registration in the US
Clinical-stage biopharmaceutical company Motif Bio announced on Friday that it has filed a ‘universal’ shelf registration statement on Form F-3 with the US Securities and Exchange Commission.
BT attempt to change pension indexation blocked by High Court
BT Group has been blocked by a High Court ruling from changing the rate of inflation used to calculate the pension deficit for many of its workers.
Altus acquisiton of Legend projects moves a step closer
Africa-focussed exploration project generator Altus Strategies announced on Friday that Legend Gold had received the requisite shareholder approval in connection with the proposed plan of arrangement as agreed between Altus and Legend and announced on 21 November last year.
Impax completes acquisition of partner Pax Asset Management
Impax Asset Management Group announced on Friday that, further to its statement on 18 September last year, the acquisition of Pax World Management had completed following the admission to trading on AIM of the 2,665,989 consideration shares on Thursday.
Weatherly posts bumper production at Tschudi
Weatherly International issued its update for the quarter to 31 December on Friday, reporting that Tschudi cathode production improved by 15% quarter-on-quarter to 4,739 tonnes, which was 11. 5% above nameplate over the quarter.
Trans-Siberian Gold edges past guidance on record Q4 production
In the three months leading to 31 December, miner Trans-Siberian Gold produced 12,244 ounces of gold to lift annual production just ahead of guidance.
French esports franchise ARES joins Gfinity's Elite Series
Esports entertainment group Gfinity announced on Friday that Paris-based esports franchise ARES has acquired its place on the roster at the Gfinity Elite Series season three, which is due to commence in March.
GoldStone looks into revitalising old Akrokeri mine
GoldStone Resources announced on Friday that, as part of its review of historical data, it has initiated a project to potentially revitalise the old Akrokeri underground mine.
AFC Energy preps for commercial deployment
AIM-listed industrial fuel cell power company AFC Energy stressed the importance of improvements made to its fuel cell system throughout the fourth quarter of the calendar year as it began to build a "compelling case" for commercial deployment.
Blancco board positive as it continues hunt for new CEO
Mobile device diagnostics and secure data erasure solutions provider Blancco Technology Group issued a trading update for the six months to 31 December on Friday, in advance of its half yearly results which would be announced on 20 March.
Ryanair referred to HMRC over pay discrepancies
Two separate parliamentary committees have referred Ryanair to the employment and tax authorities after the low-cost carrier's "refusal to cooperate" with inquiries into staff pay and working conditions.
EQTEC makes partial early repayment on secured loan facility
Technology solutions company for waste gasification to energy projects EQTEC announce on Friday that it has made a partial repayment of £378,882 on its secured loan facility, which comprises a five-year term loan of £1m at 15% per annum fixed rate of interest, with Ecofinance GLI.
RM2 urgently seeks cash as bank balance rapidly dwindles
Sustainable pallet developer RM2 International updated the market on its cash position on Friday, having previously provided estimated information on its expected cash resources position over the following eight weeks on 1 December last year.
Petro Matad raises $16m in share placing to fund drilling campaign
AIM-listed Mongolian oil explorer Petro Matad has raised $16m through the placing of around 59. 2m shares at 6. 5p each.
Beximco buys stake in Bangladesh-based Nuvista for up to £18.3m
AIM-listed Beximco Pharmaceuticals has bought a majority stake in Bangladesh-based Nuvista Pharma, which specialises in hormones and steroid drugs, for up to £18. 2m.
Character Group confident despite recent headwinds
Branded toys, games and giftware developer The Character Group issued an update on itrs trading on Friday morning, as investors gathered for its annual general meeting.
Dignity issues profits warning as funeral price war intensifies
Funeral provider Dignity issued a profits warning on Friday as it said 2018 results would be slammed by a price war in the sector.
Carpetright shares floored by second profits warning as Xmas sales plunge
Shares in flooring and beds specialist Carpetright plunged on Friday as the company issued another profits warning and reported trading in its important post-Christmas period “significantly behind expectations”.
Fevertree shoots higher on bid speculation and broker 'buy' recommendation
Fevertree Drinks is in a "unique" position to capitalise on the 'premiumisation' or 'gin-naissance' trends in the drink industry, analysts believe, leading to rumours on Friday that the company may be a takeover target.
Sky a standout in the latest Ofcom complaints data
Ofcom published its latest data on the volume of consumer complaints it received against major providers of telecoms and pay-TV services on Friday, revealing a slight uptick in the number of grievances levelled against landline and television providers.