Economic and Market News for 1 April 2021

Cryptocurrency mining firm Argo Blockchain said it has engaged Guidehouse, a consultancy and solutions provider, to research and advise on science-based solutions towards Argo's long-term strategy...

Hummingbird Resources said the latest drilling results at the Yanfolila gold mine in Mali, continued to indicate the deposit is potentially of a material size and could be mined in the coming...

Property franchise group Belvoir acquired White Kite Holdings 2021 and its two subsidiaries, White Kite Limited and Nicholas Humphreys Franchise for £4.0 million. Nicholas Humphreys operates a...

Ground engineering group Van Elle has acquired ScrewFast Foundations for a maximum consideration of £3.68 million and will retain the ScrewFast brand as it positions the business within its...

Support vessels provider Gulf Marine Services confirmed that it and all of its banks have agreed new debt deal on 'vastly improved' terms. Under the revised agreement the rate of interest payable...

Coventry Building Society said that Lee Raybould, previously interim chief financial Officer, will be appointed as CFO from 6 April 2021. At 9:48am: (LON:CVBP) Coventry Building Society share...

Rocky Mountain-focused oil company Zephyr Energy has completed its previously-announced acquisition of oil-producing interests in the Bakken Formation in North Dakota, USA. The company said all...

Drilling technology group TomCo Energy has said that the front-end engineering and design (FEED) study being developed by its Greenfield Energy oil sands joint venture in Utah will take...

Uranium stockpiler Yellow Cake said it has appointed Emily Manning as an independent non-executive director with effect from 31 March 2021 following the resignation of Alexandra Nethercott-Parkes...

Angus Energy said it would move ahead with plans to place 15 million shares after receiving the backing of shareholders at its annual general meeting. The equity placing and further placing...

Smart meter installer and manager Smart Metering Systems has appointed Gavin Urwin as chief financial officer following the previously announced departure of David Thompson, who left the group on...

Recruitment company Prime People has announced the appointment of Dugald Macdonald as commercial director with immediate effect. Macdonald, who is based in London, joined the company in 2013 and...

Digital music solutions company 7digital said its joint venture eMusic Live would be the exclusive livestream platform for Alfie Boe & Friends event on Saturday 10 April 2021. In addition to...

Carribbean Investment said its subsidiary, B.B. International, has completed the purchase of Scotiabank (Belize) for US$20 million. 'The purchase of SBL provides a unique opportunity for CIHL to...

Specialty insurance group Randall & Quilter has confirmed the retirement of Ken Randall 30 years after co-founding the company, with William Spiegel succeeding him as executive chairman. In...

Healthcare diagnostic company Diaceutics said it had won a data licensing contract with a pharmaceutical company to provide COVID-19 testing data insights in the US. This contract win 'highlights...

Commercial property investor UK Commercial Property REIT said it has sold its Kew Retail Park asset to a UK housebuilder for £41 million. The company, which is managed and advised by Aberdeen...

Music rights investor Hipgnosis Songs Fund has been granted approval by HMRC to convert to an investment trust company. The conversion will take effect from 1 April 2021, and the company will be...

Telecommunications services company Airtel Africa said it has signed an agreement under which Mastercard would invest $100 million in its Airtel mobile commerce business at $2.65 billion...

Wealth manager Quilter has announced the sale of Quilter International to Utmost for £483 million in a deal that it said will 'simplify' Quilter and focus the group on its higher growth UK wealth...

Infrastructure investor John Laing has completed the sale of its Irish wind farm, Glencarbry, to Greencoat Renewables for €31.2 million, equivalent to approximately £26.6 million. This sale...

Military equipment maker Avon Rubber said the value of its existing US Army Integrated Head Protection System low rate initial production contract would increased by an estimated $28.4 million....