COMPANY NEWS
26 May
Avingtrans' Hayward Tyler takeover talks extended until June

Talks about a potential takeover of Hayward Tyler by Avingtrans will continue after the pair further pushed back the official deadline.

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26 May
Restaurant Group rebounds as concessions serve up strong first quarter
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First quarter sales from The Restaurant Group have improved significantly from the end of last year, but are still in decline and are not expected to benefit from less helpful conditions as the year goes on.

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26 May
Caspian Sunrise flags progress on merger
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Central Asian oil and gas company Caspian Sunrise confirmed on Friday that the company expected all conditions for the merger and the associated capitalisation of the $10. 1m Vertom loan would be concluded by 1 June.

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26 May
Deltex launches first ODM system for veterinary use
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Oesophageal doppler monitoring company Deltex Medical Group announced the launch of its first ODM system designed specifically for veterinary use on Friday, which it said had generated £15,000 on release from the first sale of a system to an unnamed, “leading” continental Europe veterinary university.

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26 May
Acacia Mining fights back against Tanzania discrepancy claims
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Firing back a response to Tanzanian accusations that it under-declared gold exports, Acacia Mining has called for an independent review and said "we are considering all of our options".

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26 May
MYCELX confirms contract win with new SABIC affiliate customer
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Clean water technology company MYCELX Technologies announced a contract win with a new SABIC affiliate customer on Friday.

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26 May
Plastics Capital raises £3.7m in placing
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Niche plastics products group Plastics Capital announced a conditional placing to raise approximately £3. 74m before expenses on Friday, by way of a placing of 3,194,445 new ordinary shares at 117p per placing share.

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26 May
SafeCharge partners with Chase for US payments
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Payments technology company SafeCharge announced a partnership to process payments in the United States through Chase on Friday.

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26 May
RBS shareholders refuse to accept settlement

Royal Bank of Scotland was further frustrated in its attempts to settle with a shareholder action group claiming compensation over its 2008 rights issue, following several delays to the start of its High Court trial.

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26 May
Premaitha's IONA test validated on Thermo Fisher instrument range
Astrazeneca

International molecular diagnostics group Premaitha Health announced on Friday that the IONA test, the company's CE-IVD non-invasive prenatal test, had been validated for use on Thermo Fisher Scientific's Ion S5 range of instruments.

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26 May
Friday broker round-up
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GlaxoSmithKline: Berenberg upgrades to Buy with a target price of 1885p.

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26 May
Informa impresses with 'strong' exhibitions and 'steady' remainder
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Full year numbers from Informa are looking increasingly assured after the first quarter of the year, thanks to strong trading at its exhibitions arm, "steady" trading from events, business and academic publishing and a faster integration of last years £1. 2bn acquisition of Penton.

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26 May
Caffyns improves FY underlying profit, has cautious outlook
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Shares in Caffyns are up more than 5% as it posted an improved underlying pre-tax profit for the full year, accompanied by rises in like-for-like sales of new and used cars, and a cautious outlook.

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26 May
Cash shell Orogen looking to buy Thread 35
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Recently-formed AIM Rule 15 cash shell seeking a reverse takeover, Orogen, announced on Friday that it had agreed heads of terms with Thread 35 to acquire Thread's entire issued share capital, subject to certain conditions and due diligence.

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26 May
NAHL sets up alternative business structure with Redde unit

Legal services-focussed consumer marketing business NAHL Group announced on Friday that, following the granting of an Alternative Business Structure (ABS) licence by the Solicitors Regulation Authority, it had now signed an agreement with NewLaw - a wholly owned subsidiary of Redde.

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26 May
Scientific Digital Imaging ending year in line with expectations
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Scientific and technology products manufacturer Scientific Digital Imaging updated the market on its trading for the 12 months to 30 April on Friday.

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26 May
Spirax-Sarco to buy US electrical products provider Chromalox for $415m
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Spirax-Sarco Engineering has agreed to buy US-based electrical products provider Chromalox from Irving Place Capital for a cash-free, debt-free consideration of $415m (£319m).

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26 May
Anglo African considering next moves at Tilapia
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Independent oil and gas developer Anglo African Oil & Gas announced on Friday that testing of the R2 reservoir in well TLP-102 had confirmed the presence of hydrocarbons and pressure within the reservoir.

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26 May
Oakley Capital completes acquisition of TechInsights majority stake
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Oakley Capital Investments announced on Friday that the Oakley Capital Private Equity III fund had now completed the acquisition of a majority stake in TechInsights.

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26 May
Eagle Eye Solutions announces £6m placing
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AIM-listed SaaS technology company Eagle Eye Solutions has announced a placing of up to 2. 7m shares at 225p each to raise £6m to invest in operational and marketing capabilities to capitalise on recent momentum in the business and pursue growth opportunities.

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