Company News
09 Apr
crest nicholson housing build
Crest Nicholson moves to full shutdown

Maintaining operations in the wake of the Covid-19 pandemic has now become impractical, one of the UK's largest homebuilders said.

09 Apr
London Stock Exchange, markets, traders, trading, City, shares
Director dealings: Invinity CEO picks up shares

Invinity Energy Systems revealed on Thursday that chief executive Lawrence Zulch had acquired 40,000 ordinary shares in the AIM-listed batteries manufacturer.

09 Apr
NMC Health placed in administration

Beleaguered Gulf hospital operator NMC Health was placed in administration on Thursday after one of its largest creditors took legal action.

09 Apr
edgar test 10
West Derby project on track despite pandemic, says Dukemount

Dukemount Capital updated the market on the West Derby project in the north west of England on Thursday, reporting that it was still on schedule for completion in August.

09 Apr
debenhams tienda
Debenhams enters administration for the second time in a year

Ailing department store chain Debenhams officially filed for administration on Thursday, for the second time in a year.

09 Apr
ep gama aviation
Gama Aviation delays FY results, suspends guidance

Aviation service provider Gama Aviation delayed publication of its full-year results on Thursday and suspended its 2020-21 guidance as a result of the ongoing Covid-19 pandemic.

09 Apr
cboro gold1 short1
Arc Minerals agrees royalty deal with Golden Square

Arc Minerals has entered into a binding royalty agreement with Golden Square Equity Partners, it announced on Thursday, following the sale of its entire 99. 43% interest in Casa Mining to Golden Square for a consideration of up to $50m, as announced on 18 March.

09 Apr
edgar test 10
Volvere posts decent set of results as it faces Covid crisis

Growth and turnaround investment specialist Volvere updated the market on its trading for the financial year ended 31 December on Thursday, saying it expected to report revenue from continuing operations of around £23m, up from £18. 3m, and an overall profit before tax of £3. 1m, stated after a profit arising from discontinued operations of £3. 1m, swinging from a loss of £2. 5m.

09 Apr
edgar test 10
Bonhill Group raising £2.5m to fund it through the fourth quarter

Business-to-business media company Bonhill Group announced a proposed placing to raise a minimum of £2. 5m at 5p per share on Thursday.

09 Apr
coins currency investment insurance business finance company
Regional REIT confident in position after decent set of results

Regional REIT reported an EPRA total return of 43% since its initial public offering in November 2015 in its final results on Thursday, which represented annualised returns of 9% for shareholders.

09 Apr
enquest, oil, drilling, crude
EnQuest making cost savings amid low oil price environment

Petroleum exploration and production company EnQuest reported average group production of 68,606 barrels of oil equivalent per day (boepd) in its full-year results on Thursday, up 23. 7% on 2018.

09 Apr
ep abuso de alcohol alcoholismo beber bebida
Distil revenues grow in line with 'ambitious' forecasts

Drinks maker Distil said on Thursday that volumes and revenues had grown significantly in the three months ended 31 March, in line with the group's "ambitious" forecast.

09 Apr
prudential pru
Prudential executive directors take pay cut amid Covid-19 crisis

Prudential said on Thursday that its executive directors will take a pay cut due to the coronavirus pandemic.

09 Apr
bandera_brasil brazil
Serabi Gold amends deal with Equinox amid Covid lockdown

Brazil-focussed gold mining and development company Serabi Gold has reached an agreement with Equinox Gold, it announced on Thursday, to extend the payment period for the final purchase instalment for the purchase of the Coringa gold project.

09 Apr
food sausage roll greggs
Greggs should have liquidity to withstand 'prolonged' closure

Greggs said on Thursday that it is eligible for the government’s coronavirus support scheme and should have sufficient liquidity to withstand a prolonged period of closure.

09 Apr
Make-up, beauty
Warpaint London pulls dividend, withholds guidance

Cosmetics firm Warpaint London scrapped its dividend and guidance after a sales slump as a result of lockdowns caused by the Covid-19 pandemic.

09 Apr
edgar test 10
APi Group posts decent set of final results

APi Group Corporation reported a 9. 8% improvement in combined net revenues in its final results on Thursday, to $4. 1bn.

09 Apr
cboro gold1 short1
Caledonia Mining reports decent rise in gold production

Caledonia Mining Corporation announced quarterly gold production from the Blanket Mine in Zimbabwe for the three months ended 31 March on Thursday, with a decent increase year-on-year.

09 Apr
coins currency investment insurance business finance company
Eurasia Mining confident in position amid coronavirus crisis

Palladium, platinum, rhodium, iridium and gold producing company Eurasia Mining updated the market on its operations on Thursday, as its shares remained suspended.

09 Apr
Cloud150
IMImobile raises £22m in pre-emptive strike to counter Covid-19 impact

Cloud software provider IMImobile said it had raised £22m in a pre-emptive move to counter any financial impact from the Covid-19 pandemic.

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