Economic and Market News for 13 November 2020

Solar panel provider Verditek has announced that on 12 November 2020 it repaid in full the related party loan of $600,000, together with accrued interest of $206,857. The terms of the loan were...

Media and tech business Iconic Labs detailed plans to raise £757,793 through the placing of shares at a discount. The placing price of £0.00012 represented a 20% discount to the company's closing...

Internet of things investor Tern has confirmed the completion of its fundraise at the issue price of 7.5p per share. Through the retail offer, which successfully completed and closed at 6.00pm on...

Mining giant BHP said it had approved a further plan to repurchase any and all remaining US dollar and euro subordinated notes that were issued in 2015 as it sought to reduce its debt. 'The...

Gold exploration and development company Panthera Resources has announced it plans to recommence fieldwork at its Bido Project, which is located in the Boromo greenstone belt within the Birimina...

Luxury handbag maker Mulberry has announced that its board has decided to appoint Grant Thornton UK LLP as statutory auditor of Mulberry and its subsidiaries. The appointment follows the...

Natural resources company Gemfields announced the proposed sale of its 23.65% stake in Pallinghurst Ivy Lane Capital, a company incorporated in Luxembourg. Ivy Lane in turn owned 27.64% of...

Private equity company EPE Special Opportunities said it had completed a $2.5 million cash investment in a segregated account of Prelude Structured Alternatives Master Fund LP. The Prelude...

Investment company Primorus Investments has announced the resignations of two directors, Alastair Clayton and Jeremy Taylor-Firth, who step down with immediate effect as executive director and...

Clinical technology company Sensyne Health has announced the appointment of Derek Baird to its senior management team as president, North America, with a focus on driving the commercial development...

Music rights investor Hipgnosis Songs Fund said it has acquired a share of the music catalogue of Grammy Award-winning songwriter and record producer Rick James. Hipgnosis confirmed its...

Aircraft leasing company Avation said it had repurchased US$1.315 million 6.5% senior notes that mature in 2021. The repurchase of the notes, on 12 November 2020, were acquired through the...

UK construction group Galliford Try said it expected to return to profit and resume its dividend in the first half of its fiscal year as productivity remained at near-normal levels during the...

Biotherapeutics company PureTech Health has said it expects trading of American depository shares (ADSs) of the company on Nasdaq to commence on Monday, 16 November 2020 under the ticker symbol...