Small Caps
Camden Town owner bought out by gambling billionaire founder
The owner of Camden Market in London, Market Tech Holdings, agreed on Friday evening to be taken over by Israeli billionaire Teddy Sagi's LabTech Investments for almost £900m, with the shares down 35% since floating two and a half years ago.
Small cap news round-up
Public relations firm SEC has completed the acquisition of a 60% stake in Polish communications company Martis Consulting for €1. 1m.
Touchstone Innovations invests £2.9m in Abzena
Technology commercialisation company Touchstone Innovations, which was spun-out from the Imperial College London, has invested £2. 9m in the £25m placing of portfolio company Abzena.
BOS Global reaches milestone in Call Design acquisition
Productivity software developer BOS Global Holdings updated the market on Friday on the conditional agreement to acquire a 40% interest in Call Design, which was announced on 20 March.
SolGold reports 20% strike extension from Hole 21
SolGold reported drilling at its Cascabel site in Ecuador had extended the known length of copper-gold mineralised by 20%.
Plaza Centers opens Belgrade shopping centre
AIM-listed merging markets property developer Plaza Centers opened Belgrade Plaza, its 34th shopping centre and its second in Serbia, on Thursday.
Rasmala increases stake in subsidiary for $6m
AIM-listed investment management firm Rasmala is to buy a further stake in its subsidiary Rasmala Holdings Limited (RHL) from minority shareholders for $6m.
Oilex awards two key contracts on Cambay PSC work programme
Oilex announced the award of two key contracts to Schlumberger and Baker Hughes as part of its 2017 work programme at the Cambay PSC on Friday.
First phase of unit recommissioning complete, PowerHouse says
Ultra high temperature gasification waste to energy systems company PowerHouse Energy Group announced on Friday that the first phase of the re-commissioning of the its G3-UHt unit had been completed, with the successful production of gas from the system.
SEC buys stake in Polish PR firm
Public relations firm SEC has completed the acquisition of a 60% stake in Polish communications company Martis Consulting for €1. 1m.
Strategic Minerals enters cash generative phase, shares jump
Shares in Strategic Minerals leaped higher after the company said it had entered a cash generative phase and was considering new projects.
ReNeuron confirms breakthrough in cryopreserved candidate formulation
Cell-based therapeutics developer ReNeuron Group updated the market on its cell therapy development programmes targeting degenerative diseases of the retina on Friday, reporting that it had successfully developed a cryopreserved formulation of its human retinal progenitor cell (hRPC) therapeutic candidate.
Gaming Realms' Slingo portfolio to launch in US
Gaming Realms’ Slingo Original portfolio of games has won a license and will be launched in the New Jersey in the US.
Vernalis receives $2m milestone as part of research collaboration
Shares in Vernalis tumbled on Friday despite the drug developer announcing it had received a $2m milestone under one of its existing research collaborations.
Metal Tiger raises £4.39m to fund development at Botswana mine
Copper and silver miner Metal Tiger has raised £4. 39m, from a private placement and a further £460,000 through a placing and subscription of shares to fund development at its Botswana site.
HaloSource appoints new CEO and chairman
Clean water technology company HaloSource has made a raft of changes to its board and management team, including a new chief executive and chairman.