Small Caps
Faroe Petroleum issues $100m senior, unsecured bond in Nordic bond market
The independent oil and gas company, Faroe Petroleum, announced on Tuesday the issue of a $100m senior, unsecured bond in the Nordic bond market, in an attempt to strengthen the company's balance sheet.
ProAxis expects increased sales of its antibody drug ProteaseTag
NetScientific, the transatlantic healthcare IP commercialisation group, has today announced that ProAxsis, its portfolio company in which it holds a 57% stake, is forecasting higher direct sales of its ProteaseTag Active Neutrophil Elastase Immunoassay.
Vela disposes of 10,200 common shares in BTL Group
The board of Vela said Tuesday the company had disposed of 10,200 common shares in BTL Group, a firm which develops and invests in block-chain technology, at a price of C$7. 10 per share, on 20 November 2017, generating proceeds of C$72,420 for the outfit.
GYG pushes expectations into next year after job delays
Superyacht painting, supply and maintenance company GYG has experienced a number of small delays on the start dates of some refit contracts, it announced in a trading update on Tuesday, adding that while work on those contracts has now started, a greater portion of the work would now be undertaken in the first quarter of 2018.
XLMedia lifts earnings expectations amid strong trading
XLMedia has continued to trade strongly since the half year, it reported in a trading update on Tuesday, and now expects adjusted EBITDA for the year to 31 December to be “materially ahead” of expectations.
CML Microsystems's profits on the rise
Semiconductor manufacturer CML Microsystems saw pre-tax profits rise 19% in the six months leading to 30 September, leading the group to a maiden interim dividend of 2. 0p per ordinary share.
New acquisitions boost profits at Custodian
Real estate investment trust Custodian saw a 4. 2% increase in its net asset value (NAV) over the six months leading to 30 September, as new acquisitions boosted the value of its portfolio to £474. 3m.
Petro Matad reaches drilling rig agreement with Sinopec
Mongolia-focussed oil explorer Petro Matad has successfully concluded negotiations with Sinopec on a contract amendment for use of its drilling rig in the 2018 drilling campaign, it announced on Tuesday.
Strix surpasses two billion product sales milestone
Kettle safety control designer, manufacturer and supplier Strix announced on Tuesday that it has achieved a “significant milestone”, having surpassed the sale of two billion products worldwide.
Altus Strategies reaches combination agreement with Legend Gold
Africa-focussed exploration project generator Altus Strategies announced on Tuesday that, further to its update on 11 October, it has executed a definitive binding arrangement agreement with Legend Gold Corporation.
Mediapolis saga continues as Clear Leisure appeals latest court ruling
The ongoing legal saga of Clear Leisure and its Mediapolis asset took a fresh turn on Tuesday, as the company confirmed both itself and its Mediapolis subsidiary have appealed the recent judgement of the Ivrea Court in the Appeal Court of Turin.
Atlantis agrees riverbed lease to develop Wyre tidal project
Atlantis has signed a deal with the Duchy of Lancaster over an option for a long-term riverbed lease to allow the company to develop the Wyre estuary tidal barrage and flood protection project.
Helios Underwriting acquires small Lloyd's player Chapman
Helios Underwriting announced on Tuesday that, in line with its strategy of increasing underwriting capacity through acquisition, and following approval of change of control by Lloyd's of London, it has acquired Chapman Underwriting.
Empresaria lowers profit expectations, still anticipates record year
International specialist staffing group Empresaria updated the market on its trading on Tuesday, reporting that the second half adjusted profit before tax is expected to be ahead of both the first half and the prior year.
Serica takes on three BP interests in North Sea
Serica Energy’s wholly-owned subsidiary Serica UK has signed a sale and purchase agreement to acquire BP's interests in the Bruce, Keith and Rhum fields in the North Sea, it announced on Tuesday.
Genedrive awarded £484,000 grant by Innovate UK
Genedrive has been formally awarded an Innovate UK grant of £484,000 for the development of a disposable centrifuge-free plasma separation consumable device, the company announced on Tuesday.
Solid State profits down despite increased revenues
Electronics firm Solid State increased revenue 12% over the six months leading to 30 September but was unable to improve profits as expenses grew throughout the half.
Severfield expects full-year results to be 'comfortably ahead' of expectations
Structural steelwork company Severfield saw pre-tax profits rise 59% in the six months leading to 30 September, as the group's 1,400 employees split their time between 80 new projects, including Tottenham Hotspur's new stadium and work to the roof of Wimbledon's No. 1 court.
Mporium signs commercial agreement with online female fashion eCommerce company
The technology firm, Mporium Group, has today announced a commercial agreement with a undisclosed pure-play, listed online female fashion eCommerce company.
Webis returns to profit on 'significantly improved' trading
Gaming and technology services group Webis Holdings reported a "significantly improved trading performance" for the full-year as its core business, WatchandWager. com saw a substantial increase in turnover and gross profits.