Economic and Market News for 13 November 2020
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13 Nov
10:00Verditek repays related party loan of $600,000Solar 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...
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13 Nov
10:00Iconic Labs plans to raise £760K via discounted equity placingMedia 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...
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13 Nov
09:26Tern completes fundraising at 7.5p per share issue priceInternet 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...
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13 Nov
09:04BHP plans to launch further subordinated note repurchase planMining 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...
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13 Nov
08:54Panthera Resources to recommence fieldwork at Bido ProjectGold 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...
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13 Nov
08:43Mulberry board decides to appoint Grant Thornton as auditorLuxury 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...
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13 Nov
08:35Gemfields to sell 23.65% stake in Pallinghurst Ivy Lane CapitalNatural 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...
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13 Nov
08:07EPE Special Opportunities invests $2.5m in Prelude Structured Alternatives Master FundPrivate 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...
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13 Nov
08:01Primorus Investments announces two director resignationsInvestment 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...
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13 Nov
07:56Sensyne Health hires president, North America in push into USClinical 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...
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13 Nov
07:47Hipgnosis Songs Fund acquires share of music catalogue of Rick JamesMusic 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...
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13 Nov
07:43Avation redeems $1.315M 6.5% senior notes due 2021Aircraft 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...
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13 Nov
07:29Galliford Try expects to return to profit, resume dividend in fiscal H1UK 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...
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13 Nov
07:14PureTech Health to start trading on Nasdaq on 16 NovemberBiotherapeutics 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...
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13 Nov
07:12Tritax Big Box REIT acquires cold-storage distribution unit in Southampton for £44.2mReal Estate company Tritax Big Box REIT said it had acquired a temperature-controlled distribution unit in the nursling industrial estate in Southampton for £44.2 million from a UK real estate...