Company news

RusHydro publishes draft of amended AofA

RusHydro has published the draft of amended articles of association which the board is recommending shareholders approve at the annual general meeting on 26 June. At 2:15pm: Story provided by

Spirit notes CMA proposal over Greene King remeides

Spirit Pub Co notes today’s announcement by the Competition and Markets Authority that it proposes to accept the remedies proposed by Greene King in order to address competition concerns through the proposed sale of the parties` interests in 16 pubs. Greene King’s proposed remedies will now be subject to a period of third party consultation. […]

Depa schedules AGM

Depa Limited will hold its annual general meeting at Jumeirah Emirates Towers Hotel, Dubai, United Arab Emirates, on 16 June at 3 p.m. Story provided by

BAE Systems share transfer

BAE Systems has announced that on 26 May 2015 it transferred 34,973 ordinary shares of 2.5p each held in treasury to participants in its Executive Share Option Plan at a transfer price of 301 pence per share. At 10:59am: (LON:BA.) BAE Systems Plc share price was -0.25p at 515.25p Story provided by

Faroe Petroleum schedules AGM

Faroe Petroleum will hold its annual general meeting at the offices of FTI Consulting, 200 Aldersgate, Aldersgate Street, London EC1A 4HD, on 25 June at 11.00 a.m. At 9:58am: (LON:FPM) Faroe Petroleum PLC share price was -0.62p at 81.13p Story provided by

Commerzbank update on tender offer

Commerzbank Aktiengesellschaft says it received valid tenders for purchase of US$41,350,000 in aggregate nominal amount of outstanding notes issued by Commerzbank Holdings (UK). The purchase price is 65% of the principal amount of the notes. Accrued interest will also be payable. The offeror has decided to reject certain tenders of the notes received from US […]

Fitch revises Hungary's outlook to positive

Fitch Ratings has revised the outlook on Hungary’s long-term foreign and local currency issuer default ratings to positive from stable and affirmed the IDRs at ‘BB+’ and ‘BBB-‘ respectively. The issue ratings on Hungary’s senior unsecured foreign and local currency bonds have also been affirmed at ‘BB+’ and ‘BBB-‘ respectively. The country ceiling has been […]

Fitch affirms Estonia at 'A+'

Fitch Ratings has affirmed Estonia’s long-term foreign and local currency issuer default ratings (IDR) at ‘A+’. The outlooks are stable. The country ceiling has been affirmed at ‘AAA’ and the short-term foreign currency IDR at ‘F1′. Story provided by

Fitch affirms Star Energy Geothermal at 'B+'

Fitch Ratings has affirmed Indonesia-based Star Energy Geothermal (Wayang Windu) Limited’s long-term issuer default rating at ‘B+’. The outlook is stable. At the same time, the agency has affirmed SEG’s US350m of senior secured notes at ‘B+’ with a recovery rating of ‘RR4′. Story provided by

CMG notes SIS statement over ARC contracts

Catalyst Media Group has noted that the relationship its 20.5%-held Satellite Information Services (Holdings) has with Arena Racing Company is set to change. This follows the announcement that ARC and Racecourse Media Group intend to create a single production centre. CMG noted that in a statement, SIS chief executive Gary Smith said: “”We have spent […]

Chelyabinsk Zinc Plant schedules AGM

Chelyabinsk Zinc Plant will hold its annual general meeting at The Conference Hall of the plant administration building (bldg. 4), 24 Sverdlovsky Trakt, Chelyabinsk, Russia, on 24 June at 9 a.m. (local time). Story provided by

Kirkland Lake Gold buys second 0.5% NSR royalty

Kirkland Lake Gold Inc has exercised its right to buy-out a 0.5% net smelter return royalty for $250,000, on the HM claim. The royalty is part of a larger 1% NSR royalty which was held by two private parties (of which 0.5% was purchased in April for $250,000). The HM claim was part of the […]

Eden gets EU product authorisation

Eden Research has received authorisation of its first product, 3AEY, for use in the prevention and treatment of botrytis (commonly known as bunch rot in viticulture) in table and wine grapes from the Regulatory Affairs Directorate in Malta. Malta is acting as the zonal rapporteur member state for the southern EU agricultural zone. Following this […]

Highlands acquires 75% interest in DT pending patents

Highlands Natural Resources has completed its acquisition of a 75% interest in Diversion Technologies’ patents portfolio. These patent applications cover a new well stimulation (fracking) diverter technology known as ‘DT Ultravert’ which the board believes represents a highly disruptive force in the market, and has the potential to create a transformational shift in the US$50bn […]

Amgen ends development deal with AZ

Amgen has terminated its co-development and commercialisation agreement with AstraZeneca for brodalumab, an investigational IL-17 receptor inhibitor in development for patients with moderate-to-severe plaque psoriasis, psoriatic arthritis, and axial spondyloarthritis. The announcement follows Amgen’s decision to concentrate on other portfolio priorities after observing suicidal ideation and behaviour events in the brodalumab programme which may result […]

ANGLE granted patents in China and Australia

ANGLE has been granted a Chinese patent and an Australian patent for its Parsortix system, which captures rare cells in blood for medical analysis. The patents provide protection over a wide range of uses of the Parsortix technology. Granted patents have already been secured in the United States. Corresponding patent applications have been made worldwide […]

DMFS on schedule and within budget, says Kibo

The definitive mining feasibility study for the Rukwa coal to power project – which has been renamed Mbeya coal to power project – is on schedule and well within budget, Kibo Mining says. Kibo says the DMFS has now reached the mid point and trade-off studies indicate that all overburden material can be mined making […]

Eurotunnel to present at 'Jeunes d'avenir'

Groupe Eurotunnel will be present at the ‘Jeunes d’avenir’ (Young people for the future) exhibition at the Pierre Mauroy stadium in Lille, on Thursday (28 May). The first edition of this exhibition attracted more than 6,000 young people searching for employment or educational opportunities. Story provided by

Empiric acquires student accommodation portfolio

Empiric Student Property has acquired a student accommodation portfolio in Lancaster and Leicester and a forward funded development in Huddersfield. Empiric has acquired the freeholds of a portfolio of five operational, direct-let, premium student accommodation properties in Lancaster and Leicester from CityBlock, comprising a total of 381 beds, for a consideration of £26.5m (excluding acquisition […]

Coms sells telecoms operations

Coms has exchanged contracts to dispose of the business and certain assets of its telecoms operations to Timico Limited for an initial consideration of £2.5m in cash. Completion of the disposal is expected to take place on 31 May. Following the Disposal the group will comprise its infrastructure business, Redstone and Darkside Studios. The consideration […]

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