Economic and Market News for 4 January 2021
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04 Jan
09:55Berkeley Energia changes home member state for trading of shares to Spain from UKClean Energy company Berkeley Energia said that its home member state for the trading of its shares in the EU would automatically cease to be the UK, and instead would now be Spain. Following the...
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04 Jan
09:52Panthera Resources agrees to extend deadline for Kalaka gold project sale to MoydowGold exploration and development company Panthera Resources said it had struck an agreement to extend the deadline to complete the sale of the Kalaka gold project to Moydow. The company agreed...
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04 Jan
09:45Gulf Keystone Petroleum appoints Jon Harris as CEOOil and gas operator and producer Gulf Keystone Petroleum said it had appointed Jon Harris as chief executive officer. Harris has over 30 years' experience in the oil and gas industry and joins...
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04 Jan
09:44Clinigen appoints Sam Herbert as COOPharmaceutical and services company Clinigen said it had appointed Sam Herbert as chief operating officer. Before joining Clinigen, Herbet spent seven years at World Courier, a provider of...
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04 Jan
09:42SDCL Energy Efficiency Income Trust acquires further 15% stake in Primary EnergySDCL Energy Efficiency Income Trust said it had acquired an additional 15% interest in Primary Energy, from a consortium led by Fortistar LLC for approximately $36 million, taking its total holding...
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04 Jan
09:38IEnergizer declares special dividend of 49.4p a shareBusiness process outsourcing solutions company IEnergizer declared a special dividend of 49.4 pence per share, and confirmed that it was now a member of the FTSE AIM 100. At 9:38am: (LON:IBPO)...
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04 Jan
09:36M&C Saatchi appoints Moray MacLennan as CEOMarketing specialists group M&C Saatchi confirmed it had appointed Moray MacLennan as chief executive officer. MacLennan joined Saatchi and Saatchi as a trainee in 1983, leaving to help start...
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04 Jan
09:32Science in Sport to provide pre-close trading update on 14 JanuaryNutrition company Science in Sport said its chief executive Stephen Moon and chief financial officer James Simpson would provide a live presentation on the pre-close trading update on 14 January at...
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04 Jan
09:30Westminster repays convertible loan notes, mezzanine loan facilityManaged services supplier group Westminster said it had repaid about £2.6 million of debt from its bonds and mezzanine loan facility. The company redeemed all remaining convertible secured loan...
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04 Jan
09:26Tiziana Life Sciences completes Covid-19 antibody clinical trial in BrazilBiotechnology company Tiziana Life Sciences said it had completed its clinical trial of Foralumab, a monoclonal antibody to treat COVID-19 patients in Brazil. The topline data from the trial was...
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04 Jan
09:23Caledonia Mining raises quarterly dividend on increased output, higher gold pricesMining company Caledonia Mining raised its quarterly dividend by 10% amid increased production and higher gold prices. The company declared a quarterly dividend of US$0.11 a share from $0.10 a...
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04 Jan
09:00Griffin Mining receives new mining licence in China to mine 'significant' additional resourcesGriffin Mining said it had been issued with a new mining licence from the Chinese Ministry of Land and Natural Resources covering both the zone 2 and zone 3 areas allowing the mining of...
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04 Jan
08:25Castillo Copper hails potential of big one deposit following drilling programmeBase metal exploration company Castillo Copper said its drilling contractor had completed 20 drill-holes at the big one deposit and expected to release results shortly. The 20-drill holes...
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04 Jan
08:21Great Western Mining completes pilot exercise at mineral jackpot propertyMining company Great Western Mining Corporation said it had poured first gold and silver from its mineral jackpot property in Mineral County, Nevada. The company also produced a dore bar as a...
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04 Jan
07:59IDE wins 'significant' new contract from existing customerIT services provider IDE said it had won a 'significant' new contract, worth £22.5 million over the three years, with an existing customer within its partnership channel. The £22.5 million was in...
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04 Jan
07:56Foresight Solar acquires portfolio of three greenfield solar assets in Spain for €72mSolar assets investment company Foresight Solar said it had acquired a portfolio of three greenfield solar assets in Spain for €72 million. The 98.5-megawatt portfolio, comprised of three...
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04 Jan
07:48Hipgnosis Songs Fund acquires Jimmy Iovine's catalogue of producer royaltiesMusic royalty investor Hipgnosis Songs Fund said it had acquired the music catalogue of record producer Jimmy Iovine. Under the terms of the deal, Hipgnosis acquired 100% of Jimmy Iovine's...
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04 Jan
07:43Entain rejects 1,383p a share merger offer from MGM InternationalLadbrokes owner Entain said a proposed merger offer of about 1,383 pence a share from MGM Resorts International undervalued the company. Under the terms of its most recent proposal, MGM Resorts...
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04 Jan
07:29QinetiQ wins £127m Typhoon contract from UK Ministry of DefenceScience and engineering group QinetiQ said it had won a five-year £127 million contract from the UK Ministry of Defence to provide engineering services for the Typhoon combat aircraft. Under the...
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04 Jan
07:25Sirius Real Estate completes acquisition of three business parks for €26mBusiness parks operator Sirius Real Estate said it had completed the acquisition of three business parks in Germany for a total of €26 million. These comprised two previously announced...
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04 Jan
07:18Melrose Industries appoints Peter Dilnot to boardManufacturing company Melrose Industries confirmed it had appointed Peter Dilnot as an executive director on 1 January 2021. Dilnot had a 'deep understanding of the Melrose business model having...
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04 Jan
07:16AstraZeneca completes sale of rights to hypertension drugs to CheplapharmPharmaceutical giant AstraZeneca said it had completed the sale of commercial rights to its hypertension medications Atacand and Atacand Plus in over 70 countries to Cheplapharm Arzneimittel GmbH....
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04 Jan
07:11Ferguson to sell UK heating, plumbing distribution business for £308mPlumbing company Ferguson said it had agreed to sell Wolseley UK, its UK-based heating and plumbing distribution business, to Clayton, Dubilier & Rice, a global private investment firm for...