Company News
Nov 15
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Thor pleased with fresh progress at EnviroCopper investment

Thor Mining has been advised by EnviroCopper of the start of field pumping tests at the Kapunda copper project in South Australia, it announced on Friday.

Nov 15
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Bilby successfully raises £2m through placing and subscription

Gas heating, electrical and building services provider Bilby announced the completion of its fundraise on Friday, confirming that it conditionally raised an aggregate sum of about £2m by way of a placing and a subscription of 18,181,818 new ordinary shares at a price of 11p each.

Nov 15
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Tencent picks up stake in Sumo Group

Independent video games developer Sumo Group said on Friday that Tencent Holdings, through a direct wholly-owned subsidiary, alongside Perwyn Bidco UK, have notified ot that they have entered into an agreement for the acquisition by Tencent from Perwyn of 15 million shares in Sumo.

Nov 15
carpetright
Carpetright board agrees Meditor cash acquisition

Carpetright announced on Friday that both its board, and that of Meditor Holdings (MHL), have agreed the terms of a recommended cash offer to be made by MHL to acquire the entire issued and to-be-issued share capital of Carpetright not already owned by Meditor Fund.

Nov 15
cboro gold1 short1
Pure Gold Mining makes progress at Madsen Red Lake

Pure Gold Mining reported the completion and advancement of a number of “key milestones” on its 100%-owned Madsen Red Lake Mine project in its third quarter update on Friday.

Nov 15
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Veltyco tumbles after warning of losses, creditor concerns

Shares in Veltyco plummeted on Friday after it warned it may struggle to remain afloat as continues to trade at a loss on a monthly basis.

Nov 15
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Sensyne Health reveals Cognizant and Agorai as US partners

Clinical artificial intelligence (AI) technology company Sensyne Health revealed the names of its partners for the launch and sale of its digital health software products in the United States on Friday.

Nov 15
haynes1
Haynes Publishing puts itself on the market

Haynes Publishing Group is embarking upon a formal sale process to sell the entire issued share capital of the company, including all subsidiary companies, it announced on Friday.

Nov 15
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RedT confirms board changes ahead of merger with Avalon Battery

Energy storage technology company RedT Energy updated the market on the proposed merger with Avalon Battery Corporation on Friday.

Nov 15
kier
Kier Group trading in line as it focuses on strategy

Kier Group said it was trading in line with its expectations in an update on Friday, reporting that since 30 June, it had been awarded around £1bn of new contracts and been appointed to a number of frameworks, including the £30bn ‘Construction Works and Associated Services’ framework for the Crown Commercial Service.

Nov 15
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TalkTalk 'delays' FibreNation sale after Labour broadband pledge

UK telecoms group TalkTalk said discussions on the sale of its FibreNation business were “ongoing” a day after the opposition Labour Party made a general election pledge to provide broadband services to all.

Nov 15
bt internet
BT shares slip amid Labour nationalisation plans

Shares of BT Group dropped on Friday after the Labour Party pledged to partially nationalise the company as part of plans to provide all homes and businesses with free full-fibre broadband by 2030.

Nov 15
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Dunedin Enterprise reports decent rise in NAV per share

Dunedin Enterprise Investment Trust reported an unaudited net asset value per share at the end of its third quarter of 427. 9p on Friday, representing a total return per share of 6. 7% during the period, compared to the net asset value per share of 400. 9p at the end of June.

Nov 15
cboro gold1 short1
Metals Exploration exceeds mining and processing budgets in third quarter

Natural resources exploration and development company Metals Exploration updated the market on operations at the Runruno gold project in the Philippines for the latest quarter on Friday.

Nov 15
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888 Holdings defends reappointment of long-serving chairman

888 Holdings on Friday defended the reappointment of Brian Mattingley as non-executive chairman after 21% of its shareholders voted against his re-election back in May.

Nov 15
BT wins exclusive UEFA broadcasting rights to 2024

BT on Friday said it had won exclusive rights to broadcast all matches of the UEFA Champions League, Europa League and new Europa Conference League until 2024.

Nov 15
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Future doubles dividend after profit surges

Future reported that its full-year profits almost tripled on the back of a leap in revenue on Friday, as the company hiked its final dividend.

Nov 15
rio tinto
Rio Tinto backs up rehab of Australia's Ranger Project area

Rio Tinto said on Friday that it will support Energy Resources of Australia’s (ERA) plans for a renounceable entitlement offer to raise $324m for the rehabilitation of the Ranger Project Area in Australia's Northern Territory.

Nov 15
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AstraZeneca gets EC approval for type-2 diabetes treatment

AstraZeneca announced on Friday that the European Commission has approved ‘Qtrilmet’ - metformin hydrochloride, saxagliptin and dapagliflozin - modified-release tablets to improve glycaemic control in adults with type-2 diabetes.

Nov 15
PPHE non-exec director to step down as deputy chairman sheds roles

PPHE Hotel Group on Friday said it was making some changes to its board after a shareholder revolt at May's annual meeting over deputy chairman Kevin McAuliffe and non-executive director Nigel Jones.