Company News
Director dealings: MJ Gleeson non-executive director lowers stake
MJ Gleeson revealed on Friday that non-executive director Christopher Mills had disposed of 300,000 ordinary shares in the London-listed housebuilder.
Creo Medical extends closing date for retail offer
Creo Medical Group announced an extension to the closing date for its retail offer on Friday, allowing existing retail shareholders more time to participate.
Woodbois raises £1m from new and existing shareholders
Woodbois announced on Friday that it has raised £1m through a subscription from new and existing shareholders.
Shein planning investor roadshows ahead of London IPO - reports
Chinese-founded online retailer Shein is preparing for a potential initial public offering (IPO) in London, it emerged on Friday, with investor roadshows expected in the coming weeks, according to a report from Reuters.
Versarien upbeat on recent company progress
Advanced materials engineering group Versarien updated the market on its progress across several key sectors and markets on Friday, reporting a growing pipeline of opportunities, rising from £1. 6m in October 2023 to £4. 7m currently, with £1. 6m in commercial opportunities and £3. 1m in grants.
WoS shares jump after buying watch fan platform Hodinkee
Shares in Watches of Switzerland jumped on Friday after the company said it had bought Hodinkee, a specialist website for luxury watch enthusiasts, for an undisclosed sum.
MicroSalt makes progress in expanding patent portfolio
MicroSalt, which develops and supplies low-sodium, full-flavour salt, announced significant progress in expanding its global patent portfolio on Friday.
Coeur Mining to snap up SilverCrest in $1.7bn deal
Coeur Mining has agreed to buy Canada’s SilverCrest Metals in a $1. 7bn deal, it was announced on Friday.
EU backs steep tariffs on Chinese EV imports
The European Union is to impose steep tariffs on imports of Chinese electric vehicles, it was confirmed on Friday, after a majority of member states voted in favour.
Zigup CFO Philip Vincent resigns
Zigup said on Friday that chief financial officer Philip Vincent has resigned to take on the same role at another business.
CMA accepts undertakings, clears Barratt acquisition of Redrow
Barratt Developments announced on Friday that the UK Competition and Markets Authority (CMA) had cleared its acquisition of Redrow, following a consultation on undertakings offered by both companies.
Spirit Airlines shares sink on bankruptcy speculation
Spirit Airlines were plummeting in pre-market trade on Friday after reports emerged that the American low-cost carrier is considering filling for bankruptcy.
Anglo-Eastern takes full ownership of two Indonesian subsidiaries
Anglo-Eastern Plantations announced on Friday that it has completed the acquisition of the remaining minority stakes in two of its Indonesian subsidiaries, further consolidating its ownership in the region.
Frasers snaps up more shares in takeover target Mulberry
Mike Ashley’s Frasers Group has bolstered its stake in Mulberry Group, it confirmed on Friday, just days after the luxury brand rebuffed a takeover approach from the retailer.
Renew disposes of Walter Lilly for 'nominal consideration'
Engineering services group Renew Holdings has disposed of Walter Lilly & Co to Size Holdings for "a nominal consideration" on a cash-free/debt-free basis.
Capricorn Energy on track for $50m payment
Capricorn Energy confirmed on Friday it had hit a $50m payment milestone under a 2020 deal with Woodside Energy, with proceeds due to be returned to shareholders.
Prospex Energy gets green light to apply for Polish licences
AIM-listed energy investment firm Prospex Energy has officially expanded into its third European country after its subsidiary PXEN Tatra secured the qualification to apply for licences in Poland.
Good Energy buys solar installation firm Amelio Solar
AIM-listed renewable electricity supplier Good Energy Group has announced the acquisition Lincolnshire-based solar installation company Amelio Enterprises for £6m.
Wetherspoon reinstates dividend after year of underlying growth
JD Wetherspoon reported a 5. 7% increase in full-year revenue on Friday, to £2. 04bn, with a 73. 5% rise in profit before tax to £73. 9m before separately disclosed items.
Maersk among Friday's fallers as US port strike called off
Shares in shipping firms were in the red on Friday, with Maersk particularly affected, following the resolution of a US port strike that had initially raised hopes for a boost in global shipping demand for European operators.