Petro Matad (MATD); operational update for its planned 2018 exploration drilling programme
Stock up 0.79% to 12.7p at 08.11
Environmental permitting for the Snow Leopard 1 well (90MMbo resource potential) has been completed. The notice to mobilise the rig has been issued to Sinopec. MATD has made good progress in identifying additional prospects.
Read more...Entertainment One (ETO); Designated Survivor series will no longer feature on ABC
Stock down 2.04% to 288.0p at 08.11
Designated Survivor will no longer feature on ABC after the present series. ETO is in discussions with other parties for further series of the show
Read more...ANGLE plc (AGL); Leading NHS prostate cancer surgeon Greg L Shaw appointed as scientific advisor
Mr Shaw brings significant prostate cancer and NHS clinical experience to AGL’s already established Scientific Advisory Board.
Read more...Caledonia Mining (CMCL); Q1 results: strong earnings growth driven by higher realised gold prices
CMCL’s net profit attributable to shareholders increased 35% to $3.2m in the quarter ended 31 March 2018, driven by increase in the average realised price of gold and higher export credit incentive offsetting the higher on-mine cost per ounce.
Read more...Non-Standard Fin (NSF); trading in line with mgmt. expectations, risk adj. margins remain strong
Stock up 1.38% to 62.35p at 8:01
Ahead of the AGM today, NSF announced trading performance in line with management’s expectation since the full year results on 13 March 2018.
Read more...Park Group (PKG); Tim Clancy appointed as Group Finance Director
Mr Clancy will join the company and the board in August 2018.
Read more...Circle Property (CRC); Somerset House let to 100% occupancy
CRC has announced a 15-year lease with BE Offices to let out 36,300 sq. ft. of floor space for a total rental income of £1,231,479 per annum (after rent frees and incentives expire).
Read more...HarbourVest Global (HVPE); final results: strong performance with positive NAV growth
Stock flat at 1227p at 8:03
HVPE’s NAV per share grew strongly by 16% to $21.46 for the year ended 31 January 2018 from $18.47 last year.
Read more...TYMAN (TYMN); 2018 AGM trading update, acquisition of Zoo Hardware
Stock up 0.31% to 337.55p at 8:22
TYMN has started 2018 in line with the expectations for the year; Acquisition of Zoo Hardware by ERA, TYMN’s UK division, to bring fast-growing brands to the existing portfolio
Read more...XP Power (XPP); agrees to acquire Glassman High Voltage for $44.5m
Stock up 1.44% to 3,530p at 8:04
XPP has agreed to acquire Glassman High Voltage for total cash consideration of $44.5m (£31.8m) on a debt- and cash-free basis. The acquisition is expected to be accretive to XPP’s earnings in 2018.
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