Company News
Potential buyer now wants Uvenco assets instead of operations
Uvenco issued a further update on the potential sale of its trading subsidiaries and debt obligations on Monday, confirming that the possible buyer was no longer interested in the operations as going concerns.
SolGold reports new copper targets in Ecuador
SolGold updated the market on exploration at its 100%-owned La Hueca, Porvenir and Timbara Projects in Southern Ecuador on Monday, which cover 60km of strike along Ecuador's Southern Jurassic porphyry corridor.
Atlantis Resources raises £20m as it prepares for closer relationship with SIMEC
Atlantis Resources announced a proposed placing to raise up to £20m through an accelerated bookbuilding process on Monday.
AorTech eyes £2.6m placing and open offer at heavy discount
Biomaterials company AorTech International raised £2. 1m on Monday by way of a heavily discounted placing and subscription and proposed a further £0. 5m.
LXi beats dividend targets in maiden results
LXi REIT postes its maiden annual results on Monday, reporting a total return of 11. 91%, comprising the increase in net asset value since its initial public offering and dividends paid in the period.
Jersey Electricity has 'sufficient resources' following strong year
AIM-quoted power provider Jersey Electricity turned in an improved performance across the board on Monday.
Arena Events gobbles up Ice House Rentals
Arena Events Group has expanded its UK product portfolio with the acquisition of specialist temporary cold room company Ice House Rentals, it announced on Monday.
Positive results see NetScientific laud portfolio company's 'pivotal role' in healthcare
Healthcare commercialisation group NetScientific announced on Monday that its portfolio company Wanda has achieved highly positive results in a study with congestive heart failure patients.
88 Energy begins clearing works at Icewine ahead of flow-test
Following a period of inactivity, AIM-quoted oil explorer 88 Energy was scheduled to recommence testing at its second Alaskan drilling project on 11 June.
De La Rue announces anti-counterfeiting partnership with Optel
De La Rue, which recently lost out on a £490m contract to make the post-Brexit blue passports, has announced a strategic partnership with Optel to address the growing threat of global counterfeiting.
Allergy Therapeutics records 'highly positive' results from recent dosing study
Commercial biotechnology company Allergy Therapeutics has seen "highly positive" top-line results from a recent phase two dose-ranging study on its grass-pollen induced seasonal allergic rhinitis drug.
Seeing Machines drops revenue forecast after delayed orders
Computer vision technology firm Seeing Machines warned investors on Monday that a recent shipping delay has caused the company to lower its full-year sales estimates by as much as A$13m.
Bank of Georgia has solid first quarter as it prepares for BGEO demerger
Bank of Georgia posted a decent 18. 8% rise in its first quarter profit to GEL 128. 56m on Monday, with basic earnings per share ahead 16. 7% year-on-year to GEL 3. 08.
Ryanair annual profit up 10% but FY19 guidance cut
Budget airline Ryanair posted a 10% jump in full-year pre-tax profit on Monday but struck a cautious note on its FY19 outlook on the back of rising costs and flat fare growth as it cut its full-year guidance.
NewRiver in talks to acquire Hawthorn Leisure
NewRiver was forced to confirm that it has entered a period of exclusivity with Hawthorn Leisure Holdings and its major shareholder regarding a potential acquisition of the business on Monday.
AstraZeneca gets FDA green light for hyperkalaemia drug
AstraZeneca received US regulatory approval for its Lokelma treatment for high potassium levels in the blood and, separately, submitted a new drug application in Japan for a diabetes treatment.
Italian gaming regulator approves Playtech's Snaitech deal
FTSE 250 gambling software group Playtech said on Monday that its acquisition of 71% of Italian gaming company Snaitech has been approved by the Italian gaming regulator.