SeaEnergy, the offshore wind power firm has seen its stock rise sharply after announcing a tender offer for nearly 28 per cent of its stock. Shareholders could receive up to 6.9m pounds if they take up the company's offer of selling their holdings at 36p per share, a premium of 32.7 per cent over the closing price on July 5th. At 09:58 the stock was up 13.9 per cent.
South African coal miner Strategic Natural Resources has signed coal off-take agreements and raised £1.9m to fund production at its Elitheni mine, which is expected to begin by the end of this year. The firm also reported a loss before tax of £2m, better than the previous year's figure of £2.74m but still enough to send the stock down 1.9%.
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Review: Eden Roc Cap Cana – fun, sun and golf in the CaribbeanTravel Eden Roc Cap Cana in the Dominican Republic offers everything from relaxing by the pool to a world-class golf course
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Reeves delays cash ISA reform, but savers are not out of the woods yetThe chancellor has reportedly delayed plans to cut the cash ISA limit, which were set to be announced at Mansion House on 15 July, and will take more time to consult with the industry
