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6 March 2018 · 3 min read

Findel PLC (FDL): Potential commercial supply arrangement with Sports Direct

Findel explores the possibility of further developing commercial supply arrangements with its largest shareholder, Sports Direct.

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6 March 2018 · 2 min read

VinaCapital Vietnam (VOF): Inclusion in FTSE 250 Index

Effective from the start of trading on 5 March 2018, VOF has been included as a constituent in the FTSE 250 Index.

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6 March 2018 · 3 min read

Osirium Technologies (OSI): Placing to raise £4.2 million

£4.2m private placement increases share capital by over 23% and will be used to invest in working capital and sales, marketing and product development.

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5 March 2018 · 3 min read

Ultra Electronics (ULE): Preliminary results for the year ended 31 December 2017

Stock down 17.3% at 08:11

£134m equity raise to be returned via share buyback programme as merger with Sparton terminated. Challenging environment in 2017 resulted in reduced operating profits but outlook is positive for 2018 and R&D investment is the highest it has ever been.

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5 March 2018 · 2 min read

Abzena PLC (ABZA): PacificGMP Stanford settlement

A settlement has been reached with Stanford University in connection with claims against PacificGMP; the anticipated cost is $1.5m and fully covered.

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5 March 2018 · 2 min read

Euromoney Institutional Investor Group (ERM): Confirmation of finance director’s retirement

Colin Jones, the group’s Finance Director, has confirmed he will retire on 15 June 2018. Wendy Pallot will succeed Mr Jones as Chief Financial Officer later this year.

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5 March 2018 · 3 min read

Egdon Resources PLC (EDR): Agreement on terms for Farm-out of interests in Lincolnshire.

Egdon signs new partner at PEDL253 and reduces overall ownership stake, balancing financial exposure and technical risk in the project which has ca. 14m barrels of oil and a 40% chance of success.

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5 March 2018 · 2 min read

Standard Life Investment Property (SLI): Letting of Rainham

15 year lease on 82,000sqft unit just outside London attracts considerable interest after 8 months of vacancy.

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2 March 2018 · 3 min read

London Stock Exchange Group (LSE): Preliminary results for year ended 31 December 2017

Stock down 2.8% at 08:22

Headline growth across all core business divisions underpins confidence in delivery of three-year financial targets. Dividend increased 19%, in line with adjusted EPS growth.

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2 March 2018 · 3 min read

Amur Minerals Corp (AMC): 2018 winter ice road & resupply update

Stock up 3.4% at 08:22

AMC has completed construction of the resupply route to Kun-Manie and begun transporting supplies, fulfilling a milestone required for further loan advances. AMC is confident the remaining milestones will be met in advance of requirements.

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