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Sparks Team
23 July 2018 · 2 min read

Mission Marketing Group (TMMG); 1H 2018 trading update: an excellent start to the year

Stock flat at 47.50p at 8:04

During the six months ending 30 June 2018, TMMG made total acquisition consideration payments of £4.5m. This resulted in its net bank debt reaching £8.4m as of 30 June 2018 (31 December 2017: £7.2m). The company’s balance sheet remained strong.

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Sparks Team
23 July 2018 · 2 min read

TOWN Centre Securities (TOWN); refinances Merrion House

TOWN has finalised the agreement with Leeds City Council (LCC) for re-financing of the Merrion House in Leeds, jointly and equally owned by TOWN and LCC in Merrion Limited Liability Partnership (MH LLP).

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Sparks Team
23 July 2018 · 1 min read

Hutchison China Medi (HCM); Initiates ahase Ib/II PoC trial of Sulfatinib

Stock down 0.95% to 4,952.42p at 8:01

HCM has initiated a Phase Ib/II proof-of-concept study of sulfatinib in pancreatic neuroendocrine tumors (“NET”) patients and in biliary tract cancer (“BTC”) patients in the U.S.

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Sparks Team
20 July 2018 · 2 min read

Keywords Studios (KWS); completes acquisition of Snowed In Studios

Stock down 0.34% to 1782.0p at 8:05

KWS has acquired Snowed In Studios from its owners Jean-Sylvain Sormany, Tim Vito and Evan Hahn for a total consideration of up to CAD$4m.

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Sparks Team
20 July 2018 · 1 min read

Carclo (CAR); Michael Derbyshire retires as Chairman of the board

Michael Derbyshire has retired from the Board on 19 July 2018. Mark Rollins has replaced him as the Chairman.

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Sparks Team
20 July 2018 · 2 min read

Record PLC (REC); 1Q trading update: AUME down 5% to $61.9b QoQ

Stock up 2.66% to 42.86p at 8:07

As part of its 1Q trading update, REC announced that its group’s asset under management equivalents (AUME) as at 30 June 2018 declined 5% to $61.9b (31 March 2018: $62.2b).

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Sparks Team
20 July 2018 · 1 min read

Numis Corporation (NUM); change in voting rights pursuant to purchase of shares into treasury

Stock up 2.58% to 441.11p at 8:05

NUM has purchased 25,000 (0.023%) ordinary shares into Treasury, at a price of £4.30 each, on 19th July 2018.

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Sparks Team
20 July 2018 · 1 min read

KEFI Minerals (KEFI); Changes in board to separate role of Chairman and MD

Stock down 2.83% to 02.40p at 8:00

This move is intended to separate the role of Chairman and Managing Director (fulfilled by Harry Anagnostaras-Adams since late 2014). With this move, the company will also strengthen its corporate governance while transitioning to the mine build and operational phases of its development.

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Sparks Team
19 July 2018 · 2 min read

Euromoney Institutional Investor (ERM); trading in line with board’s expectations

For the period from 1 April 2018 to 19 July 2018, trading continued in line with the board’s expectations. In Q3 FY18, reported revenue decreased 9% YoY to £107.9m, while underlying revenue was flat YoY.

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Sparks Team
19 July 2018 · 2 min read

APQ Global (APQ); Q2 2018 update: USD shareholder returns down 14.10%

Stock flat at 90.0p at 8:02

During Q2 2018 (ending June 2018), shareholder returns reduced by 14.10% (in USD). The company’s book value (BV) per share at quarter end was $1.08, and it paid a quarterly dividend per share of 2.13 $ cents (1.5p).

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