Economic and Market News for 1 April 2021
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01 Apr
10:05Argo Blockchain appoints Guidehouse as climate strategy advisorCryptocurrency 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...
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01 Apr
10:01Hummingbird Resources hails ongoing drill results at gold mine in MaliHummingbird 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...
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01 Apr
09:56Belvoir acquires White Kite for £4mProperty 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...
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01 Apr
09:53Van Elle buys ScrewFast Foundations for £3.68mGround 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...
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01 Apr
09:53Gulf Marine Services agrees new debt deal with creditors on 'vastly improved' termsSupport 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...
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01 Apr
09:48Coventry Building Society to appoint Lee Raybould as permanent CFOCoventry 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...
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01 Apr
09:41Zephyr Energy completes purchase of oil-producing interests in the Bakken FormationRocky 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...
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01 Apr
09:32TomCo Energy JV at Asphalt Ridge pushes back completion of FEED study having identified 'further enhancements' at siteDrilling 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...
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01 Apr
09:16Yellow Cake names new independent non-exec director with knowledge of 'Jersey structures'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...
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01 Apr
09:13Angus Energy gets OK from shareholders to move ahead with 15m equity placingAngus 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...
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01 Apr
09:09Smart Metering Systems appoints Gavin Urwin as CFO as David Thompson exitsSmart 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...
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01 Apr
09:02Prime People names new commercial directorRecruitment 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...
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01 Apr
08:467digital's JV eMusic Live to stream Alfie Boe and Friends event on 10 AprilDigital 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...
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01 Apr
08:36Carribbean Investment completes Scotiabank in Belize for $20mCarribbean 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...
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01 Apr
08:04Randall & Quilter names William Spiegel to succeed Ken Randall as executive chairmanSpecialty 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...
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01 Apr
07:55Diaceutics wins Covid-19 testing data licensing contractHealthcare 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...
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01 Apr
07:52UK Commercial Property REIT disposes of Kew Retail Park to UK housebuilderCommercial 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...
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01 Apr
07:44Hipgnosis Songs Fund receives approval to convert to investment trust companyMusic 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...
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01 Apr
07:43Airtel Africa's mobile commerce business wins $100m investment from MastercardTelecommunications 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...
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01 Apr
07:39Quilter sells Quilter International for £483m to 'simplify' businessWealth 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...
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01 Apr
07:25John Laing completes sale of Irish wind farm; invests in two Germany-based fibre firmsInfrastructure 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...
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01 Apr
07:21Avon Rubber existing ballistic helmet order US Army contract boosted by $28.4mMilitary 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....
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01 Apr
07:163i Infrastructure agrees to acquire DNS:NETInfrastructure investor 3i Infrastructure said it has agreed to invest about €182 million to acquire a 60% stake in DNS:NET from Deutsche Beteiligungs and provide additional funding for the future...