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Red24 confirms takeover talks with iJet

Mon, 01st Aug 2016 14:59

(ShareCast News) - AIM-listed risk management company Red24 confirmed it was in discussions on a possible takeover by market peer iJet International as its shares sharply jumped on Monday.Red24 said discussions are at a preliminary stage and that there can be no assurances that such an offer will be made nor as to the terms on which any offer will be made. Shares in Red24 were up 26% to 26.16p at 1508 BST.
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11 Jun 2010 07:47

Red24 FY10 Pretax Profit Rises 17%, To Consider New Opportunities

LONDON (Dow Jones)-Red24 PLC (REDT.LN), a global security service provider, Friday reported a 17% increase in fiscal 2010 pretax profit and said it will take advantage of new opportunities that may arise including opportunities to maintain or increase margins. MAIN FACTS: -Revenue for the ye

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13 Nov 2009 14:52

Small caps round-up: Europa Oil, Rugby Estates IT, Dunedin Enterprise...

Europa Oil & Gas is up after starting drilling at the Hykeham-1 exploration well on the PEDL150 licence near Lincoln in the East Midlands. The well is testing the potential for up to 20 million barrels of oil in place in two target horizons. Target depth of just over 1,000m is expected to be reache

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5 Nov 2009 11:31

Small caps round-up: On-line, Oneclick, Mallett...

On-line fell back Thursday after reporting an increase in its full-year loss to £267,000 from £137,000 a year ago on turnover little changed at £126,000. The company, which has stakes in ADVFN and ALL IPO, wrote off £298,000 on investments, mostly due to Smoking Gun which de-listed from the Plus ma

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11 Jun 2009 15:02

Small caps round-up: Maple Energy, Braemore Resources, Leed Petroleum...

Peru-focused Maple Energy's net loss for 2008 widened to $7.1m from $2m the year before, largely due to $3.9m of administrative costs and a loss on the Aguaytia investment. But chairman Jack Hanks reported an 18% increase in revenue to $95.3m and said Maple is "on the cusp of company-changing resul

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