COMPANY NEWS
17 Nov
Eurocastle Investment announces final results of tender offer, for €84m cash return to shareholders
san shareholders

Eurocastle Investment has today announced the final results of its tender offer to return a maximum of €84m in cash to shareholders.

Read full story
17 Nov
Botswana Diamonds announces discovery of kimberlites of up to 1.15 hectares in size
Diamond 285

Results from survey work conducted at Botswana Diamond's Free State project, located between Bloemfontein and Kimberley, had indicated that sizes of kimberlites there ranged from 0. 3 hectares to 1. 15 hectares, the board of Botswana Diamonds announced on Friday.

Read full story
17 Nov
Hyde Group completes final phase of finance strategy
ep consell politic fiscal i financer

Hyde Group said on Friday it had completed the final phase of its current finance strategy, amid news that its parent entity, Hyde Housing Association, undertook a £760m corporate refinancing involving five banks, upgrading its financial framework to "modern" and "flexible" status.

Read full story
17 Nov
Begbies Traynor Group to announce half year results on 12 December
0cb6839

The UK's independent business recovery, financial advisory and property services consultancy firm, Begbies Traynor Group, says it will announce its half-year results for the six months ended 31 October 2017 on Tuesday, 12 December.

Read full story
17 Nov
Angus Energy starts production at London-based Lidsy Oil field, Doriemus says
Oil rig in Algeria, oil & gas, energy

Angus Energy, a conventional oil and gas production and development company, has begun production at Lidsy Oil Field from well Lidsey-X2, located at the southern edge of the UK’s onshore Weald Basin, in south London, Doriemus announced on Friday.

Read full story
17 Nov
Malvern International & KSP Investments agree to convert KSP free loan into convertible notes
euros banknotes, eurozone, single currency, cash money. Image: epSos.de

Malvern International, the provider of services in the UK, Europe and Asia, has agreed to convert an existing "unsecured" interest free loan from one of its major shareholders into convertible loan notes.

Read full story
17 Nov
NAV on the rise as Alpha Real Estate Trust turns focus to build-to-rent market
property, housing, real estate, house prices

Real estate investment group Alpha Real Trust saw its net asset value (NAV) rise in its first half of trading as it moved to make further investments in build-to-rent projects.

Read full story
17 Nov
Pacific Industrial & Logistics completes sale of Bedford asset
Money pounds sterling

Industrial and logistics-focussed real estate investment trust Pacific Industrial & Logistics has completed the sale of an asset located at Hammond Road, Bedford, for a total consideration of £5. 8m, it announced on Friday.

Read full story
17 Nov
DP Poland cuts ribbon on 50th Polish Domino's store
Dominos Domino's pizza

DP Poland, which holds the exclusive master franchise for the Domino’s Pizza brand in Poland, celebrated the opening of its 50th location in the country on Friday.

Read full story
17 Nov
Mercia Technologies makes new investment into Aston EyeTech
libra, esterlina, divisa, moneda, reino unido pound currency

National investment group Mercia Technologies has made a new direct investment into Aston EyeTech - a spinout from Aston University, Birmingham - which has developed a range of proprietary hardware and software products in ocular care, it announced on Friday.

Read full story
17 Nov
SimiGon receives final approval for $2m Israeli Air Force order
Money cash dollars

Modelling, simulation and training solutions provider SimiGon has now received final regulatory approval for a $2m purchase order received from the Israeli Air Force, initially announced on 20 June 2016, it confirmed on Friday.

Read full story
17 Nov
Network Rail announces sale of its commercial property business in England and Wales
Southern rail by Joshua Brown (Flickr)

Network Rail, the owner and infrastructure manager of most of the rail network in England, has today announced the sale of its commercial property business in England and Wales, describing it a "non-core" property asset which is "not essential" for the running of the railway.

Read full story
17 Nov
Agriterra losses grow after 'subdued' interest in corn products
corn, field, farm

Agricultural investment group Agriterra saw losses widen in the first half of its trading year as subdued demand for its maize flour products slashed revenues by more than a third.

Read full story
17 Nov
Nature Group enters US partnership agreement
thames water pollution

Wastewater treatment business Nature Group entered into an agreement on Friday that would see it sell a 50% interest in its US subsidiary to the Ramky Group for an initial $1. 6m fee.

Read full story
17 Nov
Losses widen as Hornby proposes placement of 40m new shares
hornby

Hobbyist business Hornby was on track to implement a new strategy aimed at reinvigorating its key brands as losses widened over the first half of the group's trading year.

Read full story
17 Nov
Credit card providers to seek customer consent before raising credit limits
credit cards, finance, money, cash

Credit card providers have agreed with the Financial Conduct Authority to ask customers' permission before raising their credit card limits, after research found this was a contributing factor to debt problems for many people.

Read full story
17 Nov
WANdisco claims up to 75pc performance improvement in updated product
wandisco

WANdisco, the specialist in big-data replication, has made a "huge leap" in performance with the latest version of its patented data replication product, Fusion 2. 11.

Read full story
17 Nov
Seeing Machines board upbeat on future
edgar test 10

Investors in computer vision technology firm Seeing Machines were told of how the last two years has seen “significant growth” across the company at its annual general meeting in Canberra, Australia on Friday.

Read full story
17 Nov
Avesoro begins 14,000 metre diamond drilling campaign at New Liberty
calculatrice-et-trombones-comptes-entrepreneurs-entreprises-argent-finances-tpe-pme-entreprenariat-finances-banques-startup-business-plan-argent

West Africa-focussed gold producer Avesoro Resources announced on Friday that four diamond drill rigs have been mobilised to its wholly-owned New Liberty Gold Mine, and have commenced a 14,000 metre diamond core drilling campaign.

Read full story
17 Nov
Versarien begins partnership with large consumer goods group
cash money sterling pound

Advanced materials group Versarien announced on Friday that it has now started collaborating with one of the “world’s largest consumer goods groups” to enable the pair to work together on research, development and testing of Versarien's proprietary Nanene few layer graphene nano-platelets in polymer structures.

Read full story