Economic and Market News for 29 December 2017

  • 29 Dec
    Stanley Gibbons warns about near-term financing requirement

    Stanley Gibbons has reported £16.6m revenue for the six months to 30 September 2017 (2016: £17.3m). The company incurred a £3.09m pre-tax loss for the period. It warned that profitability going...

  • 29 Dec
    Gresham wins €2m Nordic banking contract

    Gresham Technologies has won a €2m contract with one of the largest financial services groups in the Nordic region. The bank will use Gresham's system as part of a modernisation programme in its...

  • 29 Dec
    Altyn non-executive director Alain Balian leaves with immediate effect

    Gold miner Altyn has confirmed the departure of non-executive director Alain Balian who has left 'to pursue other endeavours'. Aidar Assaubayev, CEO of Altyn, commented: 'The board and I would...

  • 29 Dec
    P2P Global Investments reveals November's NAV performance

    Investment trust P2P Global Investments grew its net asset value (NAV) by 0.4% to 983.91p in November and paid 12p per share dividend. At 9:51am: (LON:P2P) P2P Global Investments Plc share...

  • 29 Dec
    Quadrise updates on combustion boiler trial developments

    Quadrise Fuels International said installations for fuel production are 'essentially' complete with regards to its planned combusation boiler trial project in the Kingdom of Saudi Arabia. A third...

  • 29 Dec
    Carnival buys back shares

    Carnival Corporation & plc bought back 50,000 ordinary shares yesterday at an average price of 4916.9853p apiece to be held in treasury. At 8:59am: (LON:CCL) Carnival PLC share price was -1p...

  • 29 Dec
    Sula buy back shares and confirms rebranding to African Battery Metals

    Sula Iron & Gold is to change its name to African Battery Metals in January 2018. Its epic code will change from SULA to ABM. Ahead of that event, Sula has bought back 532,438,356 of its own...

  • 29 Dec
    Tern confirms final conversion of remaining loan note

    Internet of Things investment company Tern has confirmed it will issue 15,714,285 shares at 1.75p each pursuant to the conversion of £275,000 of the loan note announced on 30 November 2017. This...

  • 29 Dec
    ICG-Longbow 'non-complex share status'

    ICG-Longbow Senior Secured UK Property Debt Investments said its key information document was now available on its website and it considered its shares should be classified as...

  • 29 Dec
    Aquatic Foods delisted from AIM

    Trading is Aquatic Foods Group's shares on AIM has been cancelled with effect from today. Story provided by

  • 29 Dec
    Rambler advanced cash by offtake partner for future metal supply

    Canadian copper and gold producer Rambler Metals & Mining has struck a deal with offtake partner Transamine whereby the latter will purchase in advance $4m worth of metal concentrate. The deal...

  • 29 Dec
    Windar wins orders and chairman departs

    Windar Photonics has received an order for five WindVision LiDAR systems from an existing Chinese distribution partner for delivery 'as soon as possible'. The end customers are two wind turbine...

  • 29 Dec
    Ace to raise up to £4.85m

    Property investment company Ace Liberty and Stone is seeking to raise up to £4,850,000, gross, through an open offer of convertible loan notes and warrants. The offer was subject to subscription...

  • 29 Dec
    Metal Tiger criticises Kingsgate for making 'misleading' statements

    Mining investment group Metal Tiger said Kingsgate Consolidated had made misleading statements about the proposed new board for the latter business. Metal Tiger has made an investment in Kingsgate...

  • 29 Dec
    Access Intelligence loan notes converted

    Access Intelligence has announced that both the holders of the £1.25m nominal unsecured convertible redeemable loan notes issued on 30 Jun 2009 and all the holders of the £1.1m nominal five year...

  • 29 Dec
    Zanaga delays project update to mid Feb

    Zanaga Iron Ore has flagged delays to publishing a comprehensive update on its Zanaga project and now expects to provide information by the middle of February 2018. It said further time was needed...

  • 29 Dec
    Wizz Air signs deal for 146 new planes

    Low cost airline Wizz Air has signed an agreement to buy 146 Airbus A320neo Family aircraft. They will be used to replace existing fleet and also to facilitate expansion plans and deliver growth...

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