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Small cap round-up: Entertainment One, Plethora, Goldstone...

Mon, 23rd Nov 2009 13:17

Film distributor Entertainment One reports record takings for the UK and Canadian opening of The Twilight Saga: New Moon, the sequel to the 2008 box office hit Twilight. New Moon, a film about vampires, has already generated an estimated weekend box office of more than £11m in the UK and $11m in Canada and is substantially outperforming the first Twilight film. The third instalment in the Twilight series, Eclipse, is anticipated on 30 June, 2010.Miner GoldStone has entered into a joint venture agreement with Asasemu Mining to develop the Manso Amenfi Prospecting License.GoldStone has the right to earn an escalating interest in the Manso Amenfi License subject to it financing exploration expenditure in pre-agreed phases. GoldStone is obliged to spend a minimum of US$700,000 or identify a code compliant resource of any magnitude in order to acquire a majority interest of 55% over the next four years or less.IS Pharma has received marketing authorisations for Variquel for the UK, France, Spain and Italy. Furthermore, MAs have also been received for Belgium, Denmark, Finland, Ireland, Luxembourg, Netherlands, Portugal and Sweden.Gaming software group Playtech has been approved as an Associate Member of the World Lottery Association, the global professional association for State lottery and gaming organisations.Drug developer Plethora Solutions has signed an exclusive license and distribution agreement to market Columbia's Striant SR® 30 mg mucoadhesive buccal tablets for testosterone replacement therapy in men with hypogonadism in the UK. The product received UK marketing approval from the Medicines and Healthcare Regulatory Authority in 2004. In the UK, it is estimated that over 2.5m men have lower than normal testosterone levels and might benefit from testosterone replacement therapy. Mobile payments group Bango has entered into a multi-territory agreement to provide Fox Mobile Group (FMG) with its mobile web billing platform services worldwide. China-based surveillance technology specialist BlueStar SecuTech's net profits fro the half-year to Septembr fell to RMB 7.3m from RMB 12.6m on revenues of RMB 67.3m down from RMB 80.6m.Xiao Gang, chief executive of BlueStar commented, "Although these figures are behind comparatives for the same period last year, the realisation of new business revenue during the coming months, especially in December, and a number of expected contract wins, mean that the Company is confident of achieving its revenue and profit targets for the year to 31 March 2010 and of its growth opportunities going forward."Digital Marketing's interim profits fell to £688,000 down from £998,000 on sales of £24.7m against £26.5m in the half year to September. Stephen Davidson, chairman, said: "Despite the economic environment, we have produced a resilient set of results and remain confident for the coming months.Steam cleaning firm Proventec saw revenue slide to £7.96m in the six months to 30 September from £8.18m the year before, despite the contribution of recent acquisitions, as the company continued to face difficult trading conditions.Loss before taxation widened to £1.02m from £0.65m a year earlier, but the chief executive officer of the company, David Chestnutt, professed himself 'encouraged' by the performance, adding that the group 'is in the final stages of restructuring and by 2010 will be well placed to benefit from the continuing development of its technologies.'Property development and investment group Terrace Hill Group has completed the £39.3m refinancing deals mentioned in its interim results statement as having been agreed in principle.Volgas gas, the energy company operating in the Volga region of Russia, has identified the presence of hydrocarbons in its Grafovskaya number one sub-salt exploration well on Karpenskiy licence area.'Having successfully drilled through the salt and into the dolomite sequence, the drilling operation remains ahead of schedule,' said Mikhail Ivanov, chief executive of Volga Gas.

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30 Dec 2019 16:48

Hasbro Completes GBP3.3 Billion Acquisition Of Entertainment One

Hasbro Completes GBP3.3 Billion Acquisition Of Entertainment One

30 Dec 2019 07:42

Entertainment One Shares Suspended As Hasbro GBP3.3 Billion Deal Nears

Entertainment One Shares Suspended As Hasbro GBP3.3 Billion Deal Nears

27 Nov 2019 15:46

Capital Group Slashes Entertainment One Stake To 2.7% From 9.9% Prior

Capital Group Slashes Entertainment One Stake To 2.7% From 9.9% Prior

21 Nov 2019 10:40

Hasbro's Entertainment One takeover could face phase 2 CMA probe

(Sharecast News) - The Competition and Markets Authority said on Thursday that it was considering whether Hasbro's £3.3bn takeover of Peppa Pig o...

21 Nov 2019 09:01

UPDATE 2-British watchdog reviews Hasbro's Entertainment One takeover

* CMA invites comments on proposed acquisition* Hasbro expects to close deal in first quarter of 2020 (Adds detail, company comments)Nov 21 (Reuters)...

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