Economic and Market News for 1 October 2020

Caledonia Mining declared an increased quarterly dividend of 10 US cents, citing 'increasing confidence' in the outlook for its business amid strong production and higher gold prices. The...

Digital media business Digitalbox said it had acquired Tab Media for £750,000 in cash and said it would raise £1.2 million through an equity subscription offering to fund further acquisitions....

Private healthcare provider Bupa said Joy Linton would depart as chief financial officer in March 2021 to take up 'major' new appointment in Australia. Martin Potkins, Bupa's corporate...

Drumz said it had raised £500,000 before expenses through a discounted equity placing. The company issued 90,909,091 at an issue price of 0.55 pence each, representing a discount of 4% on the...

Cybersecurity firm Corero Network Security announced record order intake in its third quarter for the three months ended 30 September 2020, with over $6 million booked during the quarter. The...

Alternative broadband services provider Bigblu Broadband said it had sold its UK and European satellite broadband operations to Eutelsat S.A. for £39.3 million. Additional consideration of up to...

Brownfield developer and housebuilder Inland Homes said it had sold two two separate 'build to rent' funds within its house developments in High Wycombe for a combined £52.8 million. The group...

Online experience group Attraqt said it had acquired Aleph Search, an artificial intelligence powered search technology, and announced a £4 million equity placing at a premium to fund deal and...

Investment company Clear Leisure said its shares would be temporarily suspended as it was unable to deliver its final results by 30 September 2020. 'Due to the delay in publishing of the...

Analytics-as-a-service company Actual Experience said it had received an initial order from Oracle for its new human experience management offering. The order would see the Actual Experience...

Development and construction group Etalon said it had completed the Schastye na Sokole project, located in the northern administrative district of Moscow. The business class project Schastye na...

Finance and asset management law firm Burford Capital reported a fall in first-half profit as the impact of the pandemic dented new business wins. For the six-month period ended 30 June 2020,...

The board of the Pollen Street Secured Lending investment trust has agreed to appoint a new alternative investment fund manager (AIFM) and a new delegated portfolio manager. Effective from 1...

British banknote manufacturer De La Rue said it had appointed Rob Harding as chief financial officer starting immediately. Harding joined De La Rue as interim CFO on 9 March 2020. Prior to...

Rolls-Royce plans to raise approximately £2 billion through a fully underwritten 10 for 3 rights issue, it announced this morning. The rights issue should improve liquidity and reduce balance...

Soft drinks maker Britvic said it had completed the sale of its juice assets in France to Refresco. The sale included three juice manufacturing sites, related private label juice business and...