Economic and Market News for 2 January 2020
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02 Jan
10:00Gresham House announces sale of 49MW grid level battery storage projectAlternative asset manager Gresham House has sold its first material battery storage development project to Gresham House Energy Storage Fund. The 49MW battery-only project, known as Red Scar, was...
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02 Jan
09:31Nektan suspends trading on AIM as it fails to publish annual accountsInternational gaming technology and services provider Nektan has announced the suspension of trading on AIM pending publication of its annual accounts. Further to its announcement on 23 December...
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02 Jan
09:25Abcam completes acquisition of businesses from ExpedeonGlobal life sciences company Abcam has announced that its transaction to acquire Expedeon, Innova Biosciences and TGR BioSciences from Expedeon AG has now completed. Abcam chief executive Alan...
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02 Jan
09:15Ferrexpo announces special interim dividend following strong cash generationIron ore company Ferrexpo has announced a special interim dividend of 6.6 US cents which will be paid on 17 January 2020 to shareholders on the register at the close of business on 10 January...
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02 Jan
08:34IP Group portfolio company Oxford Nanopore completes £109.5m financingIntellectual property commercialisation company IP Group reports that its portfolio company Oxford Nanopore Technologies has announced £109.5m of investment and secondary share sales, while the...
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02 Jan
08:16Carclo suspends share listing as publication of interim results delayedCarclo has requested the suspension of the listing of the company's ordinary shares with effect from 07:30 today (2 January), pending the publication of its interim results. The company said that...
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02 Jan
07:59Cora Gold says new CEO will lead company through 'next phase' of growthWest African gold exploration company Cora Gold has announced the appointment of Robert Monro as chief executive officer (CEO) and a board director with immediate effect. Monro has replaced Dr...
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02 Jan
07:43CRH confirms Richie Boucher has become chairman following board retirementBuilding materials business CRH has confirmed that Richie Boucher became chairman of the CRH board on 1 January 2020, succeeding N. Hartery who stepped down from the board on 31 December 2019. The...
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02 Jan
07:36Tullow Oil reports result at Carapa-1 wellTullow Oil has announced that its Carapa-1 exploration well, drilled on the Kanuku licence offshore Guyana, has encountered approximately four metres of net oil pay based on preliminary...
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02 Jan
07:21Quilter completes disposal of Quilter Life Assurance to ReAssure GroupWealth management business Quilter has confirmed that the sale of Quilter Life Assurance (QLA) to ReAssure Group completed on 31 December 2019. The disposal of QLA, which was announced on 5 August...
