Company news

Benchmark partnership with HypoPet

Benchmark Holdings’ animal health division has entered into an agreement with HypoPet, a Swiss research company based at the University of Zurich, for the final commercialisation, manufacture and distribution of a breakthrough vaccine for cats. HypoCat neutralises the Fel d 1 protein, the primary cause of human allergic reaction to cats. With an estimated 10% […]

BCRE unit completes German deal

Brack Capital Real Estate Investments’ subsidiary, Brack Capital Properties, has completed its purchase of a number of residential and office buildings in Dusseldorf, Germany. The purchased assets are on 20,000 square metres of land comprising: an office building with two floors and a total area of about 2,000 square metres (not leased), a residential building […]

UK must prioritise single hub airport, says CBI

Having a single UK hub with spare capacity to add new routes is critical to the UK’s long-term sustainable growth, according to a new report by the Confederation of British Industry. With future export opportunities increasingly in emerging, high-growth economies, the CBI urges the Airports Commission to deliver recommendations to solve the UK’s shortage of […]

Atlas Mara option agreement extended

Atlas Mara Co-NVest option agreement to acquire an interest in an African financial institution has been extended and remains open until 7 September. The company says it continues to review the decision whether to exercise the option agreement. At 8:09am: (LON:ATMA) Atlas Mara Convest Limited Ord Npv share price was +0.43p at 10.7p Story provided […]

IFL update on UG2 supplies

International Ferro Metals received 20,000t of UG2 chrome concentrate from Anglo Platinum in August. IFS says this was ahead of its previous expectations for the month. The company now expects to receive 15,000t per month under the supply agreement with Anglo Platinum on an ongoing basis together with the contracted backlog of 5,000t per month […]

Capital for Colleagues sets up C4C Ownership

Capital for Colleagues has co-founded Capital for Colleagues Ownership Partners, a new advisory business to increase its reach and provide additional advice and support to employee owned businesses or companies looking to become employee owned. The company says the new specialist advisory body strengthens and complements Capital for Colleagues’ position in the EOB sector, which […]

Any CSR offer likely to be in cash, says Microchip

Microchip Technology says any offer for CSR is likely to be solely in cash although Microchip reserves the right to vary the form of the consideration in any offer if one were to be made. Microchip confirmed last week that is has had preliminary mutual discussions with CSR regarding ways in which the relationship with […]

ECR reveals positive assay results at Itogon

ECR Minerals has announced further positive assay results from surface and underground channel sampling at the Itogon epithermal gold project in the Philippines. Highlights: * Assay results from third phase of channel sampling by ECR at Itogon project include, at surface, 18m averaging 2.78g/t gold and 34m averaging 0.71g/t gold * Results continue to demonstrate […]

Dillistone launches 'FileFinder Anywhere'

Dillistone Group, the AIM quoted supplier of software to the recruitment industry, has launched FileFinder Anywhere, the next generation of the FileFinder Executive Search Management System. FileFinder Anywhere is a suite of products, all of which interact to give users of the FileFinder system the ability to access the database from virtually any modern device. […]

Forbidden update on social video platform

Forbidden Technologies – the owner and developer of the cloud video platform, Forscene – has released the first alpha versions of its new social video platform, ‘eva’. eva is a video editing and sharing platform that will become everyone’s primary language for sharing their lives and expressing their ideas. Based on the same proven cloud […]

Barclays sells units in Spain and Abu Dhabi

Barclays Bank has agreed to sell its retail banking, wealth and investment management and corporate banking businesses in Spain to CaixaBank SA. And Barclays has completed the sale of its UAE Retail Banking business to Abu Dhabi Islamic Bank. CaixaBank will acquire Barclays Bank SAU and certain subsidiaries, which represent total assets of €22.2bn and […]

Regents Place fully occupied, says British Land

British Land has announced that Regent’s Place, its 13-acre mixed-use campus in the West End, is fully let with The Guinness Partnership agreeing terms for the final remaining accommodation at 30 Brock Street. The campus was completed in the summer of 2013, with the delivery of 10-30 Brock Street adding 500,000 sq ft of office, […]

B.P. Marsh issues portfolio update

B.P. Marsh, the niche venture capital provider to early stage financial services businesses, has issued an update on trading for the six months to the end of July. Portfolio news: – Besso Insurance Group Limited continues to build on its ambition to grow globally and on 1st July 2014 received the appropriate licences to begin […]

Brewin Dolphin to take £2m IT hit

Brewin Dolphin Holdings will incur a one-off exceptional charge of £2m in the second half following its decision to terminate the roll-out of a new IT system into the discretionary wealth business. The company said that negotiations have now concluded in relation to the outstanding contractual obligations regarding potential future payments of £15m over the […]

Mining Sector: Arian Silver up on fall in net losses and loan note extension

Arian Silver’s (LON:AGQ) shares were up in late trading after it posted a net loss $1.7m for the six months to the end of June – down from $1.9m a year ago. The company had cash and cash equivalents of $3.03m at the end of June compared with $7.2m at the end of December Arian […]

CMA looks at Eden (GM)-Riders Garages deal

The Competition and Markets Authority is looking at the completed acquisition by Eden (GM) of two car dealerships from Riders Garages. The CMA is considering whether this transaction has resulted in the creation of a relevant merger situation under the provisions of the Enterprise Act 2002 and, if so, whether that situation has resulted, or […]

Marwyn Value Investors schedules AGM

Marwyn Value Investors will hold its annual general meeting at Atlantic Hotel, Le Mont de la Pulente, St Brelade, Jersey JE3 8HE on 17 September at 10.45 a.m. At 3:03pm: (LON:MVI) Marwyn Value Investors Limited share price was +1.75p at 222.5p (LON:MVIB) Marwyn Value Investors Ltd share price was 0p at 31.5p Story provided by […]

Plethora £15.9m fundraising

Plethora Solutions Holdings has entered into agreements to conditionally raise approximately £15.9m through a placing and subscription for a total of 176,998,486 new ordinary shares at 9p apiece and 88,499,236 fundraising warrants exercisable at 15p each. The company also announced that it is in advanced stages of agreeing a European licensing agreement with a European […]

Plethora £15.9m fundraising

Plethora Solutions Holdings has entered into agreements to conditionally raise approximately £15.9m through a placing and subscription for a total of 176,998,486 new ordinary shares at 9p apiece and 88,499,236 fundraising warrants exercisable at 15p each. The company also announced that it is in advanced stages of agreeing a European licensing agreement with a European […]

Turk Ekonomi Bankasi AGM resigns

Turk Ekonomi Bankasi says Didier Albert Nicole Van Hecke has resigned from his position of assistant general manager in charge of chief risk officer with effect from 31 August due to his new position at BNP Paribas. Story provided by StockMarketWire.com

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