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Extended its Financial Conduct Authority license as an approved payment provider. The license ensures the conditions for Bango partners to offer alternative payments for all types of goods in Europe.
Another hurdle to the implementation of its company voluntary arrangement has been cleared after the challenge period ended with none made. Carpetright began a share placing earlier in May, looking to raise �60.0 million, and the full implementation of the CVA is now solely conditional on this being completed. The general meeting to approve the placing and open offer is to be held on Wednesday next week. Carpetright in mid-April said it would shut 92 stores as part of its CVA, and also announced at that time a plan to raise approximately the new equity. Later that month it avoided administration as creditors approved the CVA.
Signed a three year extension to its existing contract providing service support to Canada's fleet of Victoria submarines. The contract extension is worth about �225 million and is Canada's largest naval in-service support contract. The work will see Babcock engineers support all four Canadian submarines in refit and in service until 2021.
5h4k35p34r3 - Alessandro Poerio, Chief Executive Officer leaves today. Tony Reeves, currently Non-executive Chairman, will be appointed Executive Chairman and will assume his executive responsibilities pending the appointment of a new Chief Executive. Andrea Stecconi, founder and executive director, had already resigned from the board of the Company with immediate effect last week. Defenx had received valid acceptances in respect of 4,398,223 Open Offer Shares from Qualifying Shareholders, which represents 100 per cent. of the Open Offer Shares offered at 8p with the current price of around 17p means they were pruchased at half the price.
Yesterday the Canadian Canaccord Genuity Group Inc. a global, full-service investment banking and financial services company that specializes in wealth management and brokerage in capital markets. The largest independent investment dealer in Canada purchase 5% of the shares
Tthe largest specialist fishing tackle and equipment retailer in the UK with 21 stores had a good year especially their online presence with Online sales of �16.1m up by 54% (2017: �10.5m) and Store sales of �13.2 million up by 40% (2017: �9.3m), included like-for-like store growth of 9% The Company currently sells over 21,500 fishing tackle products, including capital items, consumables, luggage and clothing. The Company also owns and sells fishing tackle products under its own brand 'Advanta', which was formally launched in March 2016.
Retirement of CFO and Company Secretary Perry Ashwood with effect from 4 June 2018. Perry, who joined the Stratex Group in September 2005 and saw the Company through its AIM listing in 2006, had informed the Board of his intention to retire when a suitable replacement could be found and will be replaced in both positions by Mr Robert 'Bob' Smeeton, who will be appointed to the board with effect from 4 June 2018. He will continue to support the Company as a consultant in order to provide continuity for his incoming replacement, Bob Smeeton. Bob has extensive experience of working with AIM companies, contributing significantly to the successful turnaround and growth of several companies during the course of his career, and in turn delivering material value to shareholders. Bob was Group Finance Director of AIM-quoted Universe Group plc ("Universe Group") and its main trading subsidiary, HTEC Limited. Past directorships and partnerships Bellword Limited Bizpoints Limited First Remit (UK) Limited HTEC Group Limited HTEC Limited HTEC Retail Services Limited Indigo Retail Technology Limited Indigo Retail Holdings Limited Inter Galactic II Limited Master Change Limited Masternet Associates Ltd Prepaid Card Management Limited Retail Markets (Europe) Limited Spedinorcon Limited Universe Group Plc Universe Trustees (No.2) Limited WSF Services Ltd.
Raised �3 million through a share placing at a price of 25 pence per share and refinanced GBP1.2 million of short term loan notes.
downbutnotout - all resolutions were duly passed, save for resolution 4, regarding the re-appointment of Peter Richardson as a director of Safestyle
On 27 March 2017 the ordinary shares of the Company of �0.01 each ("Shares") were readmitted to the standard listing segment of the Official List and to trading on the Main Market (the "Readmission") and offered to institutional investors at an initial offer price of 25p per Share. This implied a market capitalisation, as at such date, of the share capital of the Group of approximately �13.9 million. As at 29 May 2018, the closing trading price of the Shares was �0.027, implying a market capitalisation of the share capital of the Group of approximately �1.5 million, a decrease of 89% from the offer price at Readmission. Following the Delisting, the Shares will no longer be traded on a regulated market. As a result, a holder of Shares will not be able to trade its Shares on the LSE and, consequently, the opportunity for holders of Shares to sell their interest in the Company will be limited and there will be no public valuation of Shares. Following Cancellation, holders of Shares will continue to be entitled to transfer such Shares in accordance with the requirements of the Articles and Guernsey law. The shares will continue to be settled through CREST, or shareholders can request they be converted into certificated form. Following the Delisting, the Company intends to implement the following corporate governance steps: � Provide the Annual Report and an Interim statement to shareholders on a regular basis; and � Hold its AGM in the UK, providing shareholders with the opportunity to meet the Board and discuss progress. Owing to its current financial position, the Company is not able to provide investors that do not want to remain as shareholders of a private company with a cash alternative.
What's the difference between this in the FTSE and the NEX Exchange ? https://www.nexexchange.com/member?securityid=10666
What is the difference between this and the NEX Exchange ? https://www.nexexchange.com/member?securityid=1200701
What's the difference between this on the FTSE Aim and the NEX Exchange ? https://www.nexexchange.com/member?securityid=2074416
You would be better off in Arsenal Holdings plc https://www.nexexchange.com/member?securityid=10092
Oops BGEO is 1868p
One CGEO per BGEO held. BGEO closed on Friday at 3,113p. Currently BGEO is about 2,005p and CGEO 1,100p Can anyone clarify which one is cash generative ?
Raymond F. Akers Jr., Ph.D has resigned as a director of the Company with immediate effect. Pursuant to U.S. Federal Securities Laws, within four business days the Company will file a Form 8-K with the Securities and Exchange Commission, which may include further information with respect to the resignation. The Company has decided to withdraw its initial 510(k) application for PIFA Chlamydia in order to re-evaluate its options with regards to this product development opportunity. The Company's failure to file its Form 10-Q for the quarter ended March 31, 2018 (the "Quarterly Report") constituted a delinquency under Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic reports with the Securities and Exchange Commission ("SEC").
Safestyle has announced the resignation of chairman Peter Richardson with immediate effect, just one month after he took on the role. He said it had become clear "that the specific challenges currently facing the business and the time commitment required are beyond what he envisaged". Safestyle said last week that it was seeking damages and injunctive relief against competitor Safeglaze UK and a number of named individuals. The first hearing of that application took place last Friday and that the court made a number of orders against Safeglaze UK and certain named individuals. A further hearing concerning outstanding matters raised in Safestyle's application for interim injunctive relief will be heard in the week commencing 9 July.
The dividend will be paid on or around 11 June 2018 to Shareholders on the register as at 18 May 2018. The ex-dividend date is 17 May 2018. The company has acquired a portfolio of 277 properties, comprised largely of modern two bedroom flats for a total consideration of approximately �31.2 million. The acquisition is due to complete on or before 30 May 2018, from when it will immediately be income producing. The Portfolio is concentrated in Southern England and comprises long-leasehold interests.
Standard Life Aberdeen now holds a 5% stake in the property investment and development company