Economic and Market News for 17 November 2020
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17 Nov
10:00Crimson Tide wins contracts from Cadent, Incentive QASMobile business software group Crimson Tide said it had notched contract wins approaching £0.5 million. UK gas network provider Cadent had invested in the company's mpro5 product within two of...
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17 Nov
09:56BBGI Global Infrastructure agrees to acquire 25% stake in Signature on the Saint-LawrenceInfrastructure investment company BBGI Global Infrastructure said it had entered into an agreement to acquire a 25% stake in Signature on the Saint-Lawrence. Saint-Lawrence is the operator of...
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17 Nov
09:33EPE Special Opportunities sells 4m shares in LucecoEPE Special Opportunities said it had sold 4,000,000 shares in Luceco in the market. The shares sold represented 9.1% of the company's stake in Luceco and returned £10.0 million in cash. The...
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17 Nov
09:31Intercede wins $2.8m follow-on purchase orderCybersecurity company Intercede said it had received a follow-on purchase order totaling $2.8m. The win followed the receipt of an initial progress order that was announced on 20 August 2020,...
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17 Nov
09:02Oxford Metrics wins contact from University of PortsmouthEnterprise software company Oxford Metrics said motion measurement unit Vicon had won a contract from University of Portsmouth. The work would see the company help deliver the university's new...
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17 Nov
08:56Synectics wins €1.3m surveillance contract from Irish RailSurveillance systems group Synectics said it had signed a €1.3 million contract with Irish Rail. The work included an upgrade of all MkIV InterCity rolling stock on the Dublin to Cork route to an...
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17 Nov
08:50Tissue Regenix appoints Daniel Lee as CEORegenerative medical devices company Tissue Regenix said it had appointed Daniel Lee as chief executive. Lee was currently the head of the company's US operations, a role he'd commenced in...
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17 Nov
08:33Dotdigital lifts revenue guidance, ups dividend following strong performanceMarketing automation and customer engagement platform Dotdigital lifted its outlook on revenue and upped its dividend following strong performance. 'Following continued strong performance, the...
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17 Nov
08:28AFC Energy inks contract with BK Gulf to ramp up manufacturing capacityHydrogen power generation technologies company AFC Energy said it had signed a binding agreement with BK Gulf to support the immediate scale up of manufacturing capacity for delivery of its...
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17 Nov
07:50Warpaint London expands distribution of products via Tesco storesCosmetics group Warpaint London said a range of its products would be stocked in 209 Tesco Express stores. The range of 15 W7 cosmetics products would be stocked in the stores from Wednesday,...
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17 Nov
07:44Naked Wines appoints Shawn Tabak as CFOOnline wine retailer Naked Wines said it had appointed Shawn Tabak as its chief financial officer, effective 7 December. Tabak was previously vice president of finance at work marketplace Upwork....
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17 Nov
07:32Polymetal International reaffirmed to Dow Jones Sustainability IndicesPrecious metal miner Polymetal International said it had been reaffirmed as a member of the Dow Jones Sustainability Indices. Polymetal added that it had been rated as a sustainability leader in...
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17 Nov
07:28Shaftesbury raises £307m after completing £10m subscription componentLondon West End property investor Shaftesbury said it had raised £307 million from its planned share offer, having completed the £10 million subscription component. As announced last month, new...
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17 Nov
07:18Virgin Money UK appoints Clifford Abrahams as CFOBanking group Virgin Money UK said it had appointed Clifford Abrahams as its new chief financial officer. Abrahams was currently CFO of ABN AMRO Bank and had previously held the same role at Dutch...
