Edison Investment Research

Jas Bagniewski, CEO of Eve Sleep, resigns following reports that first half sales are up 61%

In part this is a traditional story for a small company just a year post IPO. Expectations have not been met and heads must roll. No matter that what has been delivered would be the envy of terrestrial competitors.

7digital Group(7DIG); trading suspended temporarily

The trading of 7DIG’s ordinary shares is temporarily suspended under AIM Rule 40 from 7.30 a.m. on Monday 2 July 2018 as they have not published the audited annual report and accounts for the year ended 31 December 2017 by 30 June 2018.

BioPharma Credit (BPCR); investment update

Stock flat at 1.04USD at 8:14

BPCR announced that the company, together with other investors, has funded the $200m second tranche of the aggregate $500m loan to TESARO, Inc. announced on 21 November 2017.

UK Commercial Property REIT (UKCM); enters UK REIT regime and announces name change

Stock flat at 88.0p at 8:08

With effect from 1 July 2018, the company has entered the UK REIT regime. The company’s name has been changed to UK Commercial Property REIT Limited.

StatPro Group (SOG); acquires regulatory risk services bureau from ODDO BHF

Stock flat at 172.0p at 8:07

SOG has acquired ODDO BHF’s regulatory risk services bureau for an undisclosed sum in cash. ODDO BHF’s risk services have annualised recurring revenues of approximately €1.7m.

Abzena (ABZA); signs strategic agreements with Telix for $5.9m

Stock up 1.10% to 09.20p at 8:05

ABZA signs GMP manufacturing and bioconjugation agreements with Telix Pharmaceuticals (Telix) for a combined value of $5.9m. These projects are estimated to be largely completed within a 15-month period.

Regional REIT (RGL); Disposal of industry property portfolio for £39.1m

Stock up 0.74% to 95.70p at 8:00

RGL announced the disposal of an industrial property portfolio for £39.1m, having increased 24.1% since the December 2017 valuation and representing a net initial yield of 6.9%.

Target Healthcare (THRL): Acquisition of two care homes for £37m

Stock up 0.90% to 112p at 8:20

THRL has announced the acquisition of two luxury, high quality care homes in Cirencester and Camberley, for a total consideration of £37 million.

appScatter Group (APPS); update: 2018 progress and directorate change

Stock flat at 56.5p at 8:05

During the first half of 2018, APPS had exchanged the contracts for acquisition of Priori Data GmbH, and signed new partnerships with Airpush and IronSource. The company also announced that its finance director, Manish Kotecha, stepped down from the board with immediate effect, and will be leaving the company.

Raven Property Group (RAV); issue of 33,431 new preference shares

RAV has announced the issue and allotment of 33,431 new preference shares of 1p each in the company with ticker RAVP (Preference Shares) following the payment of scrip preference share dividend.