11-Mar-2010 11:04 AM
Biotechnology company Proximagen Neuroscience has welcomed the results of US studies which it says confirm the potential of tonabersat as a treatment for epilepsy.
They follow completion of a year-long non-clinical testing programme by the National
11-Mar-2010 10:52 AM
Investment management group RAB Capital has declared a second interim dividend of 0.5p per share for the year ended December 31.
The company expects to announce its results on March 23.
Story provided by Business Financial Newswire...
11-Mar-2010 10:50 AM
Oil and gas engineering services group Plexus Holdings has signed an agreement with Sonangol to supply its POS-GRIP wellhead systems and services for drilling activities offshore Angola.
The potential value of the contract is estimated at £0.7m, with r
11-Mar-2010 10:45 AM
Leisure sector software group Gladstone has advised shareholders to take no action following the announcement yesterday (Mar 10) by Constellation Software Inc. that an offer document containing its mandatory 33p per share cash offer had been posted.
11-Mar-2010 10:32 AM
HGCapital Trust is seeking to raise £50m through a placing of new shares at 845p per share.
The Company says it has received commitments to subscribe for £35.1m comprising the Firm Placing and commitments from Conditional Placees to subscribe for a furt
11-Mar-2010 10:26 AM
Domain management company, Group NBT reports revenue that was 13% higher at £21.9m for the six months to 31 December 2009.
Pre- tax profits were up 57% to £3.54m and basic EPS was 10.99p, up 67% from 6.57p last year.
Group NBT says underlying operatin
11-Mar-2010 10:11 AM
Support service Group, Parkwood Holdings is to pay an interim dividend of 1.2p per share for the year to 31 December 2009.
The dividend is being paid in the current tax year before the increase in tax rates and will be paid on 1 April 2010 to sharehol
11-Mar-2010 10:06 AM
Allied Gold has appointed Terence Harvey to the Board as an Independent Non-Executive Director and Canadian resident director with immediate effect.
Story provided by Business Financial Newswire...
11-Mar-2010 10:04 AM
Carlyle has announced it has terminated all discussions with waste management group Shanks regarding a possible offer.
The private equity investor says it has no current intention of making an offer for Shanks.
Carlyle was responding to an announcemen
11-Mar-2010 10:01 AM
Performance management specialist Avisen has agreed a deal to take over Xploite.
The two firms' boards have reached agreement on terms under which the entire issued share capital of Xploite will be acquired by Avisen by the issue of 3.6 new shares.
11-Mar-2010 10:00 AM
Asset-backed securities investor Queen's Walk Investment reported a net profit of €0.6m for the December third quarter, down from €3.6m in the three months to September.
Fair value write-downs for the quarter were €2.4m, compared wit
11-Mar-2010 09:53 AM
First half revenues at IndigoVision Group - a leading manufacturer of complete end-to-end IP security management systems - rose 12% to £12.0m.
Operating profits for the six months to the end of January were unchanged at £1.2m.
Earnings per share rose 9%
11-Mar-2010 09:49 AM
AB Electrolux B-share has been delisted from the London Stock Exchange from today (11 March).
All trading in Electrolux shares is concentrated at the Nasdaq OMX Nordic Market in Stockholm.
Story provided by Business Financial Newswire...
11-Mar-2010 09:47 AM
Oil and gas exploration firm BPC is raising £2.4m through the issue of 69,842,860 new ordinary shares.
The funds will be used for ongoing working capital requirements.
Story provided by Business Financial Newswire...
11-Mar-2010 09:44 AM
Software and IT services group Sanderson says it has made a good start to the year following a strong finish to 2009.
In his AGM statement, chairman Christopher Winn says the launch of the group's new Factory Automation and Business Assurance produ
11-Mar-2010 09:42 AM
Full year underlying pre-tax profits at funeral services firm Dignity rose 6% to to £36.4m.
Revenues in the 52 weeks to 25 December rose 5% to £184.7m and underlying earnings per share increased 6% to0 40.5p.
Operating profits rose 8% to £57.5m and pre-
11-Mar-2010 09:39 AM
IT solutions and managed services company Maxima Holdings has assumed development and certification responsibility for miraclePAY, a specialist payroll solution for users of Microsoft Dynamics AX.
The miraclePAY software will join Maxima's existin
11-Mar-2010 09:36 AM
CLS Holdings bounced back into the black with full year pre-tax profits of £18.5m compared with a loss of £142.1m last time.
After-tax profits for the year to the end of December were £17.4m compared with a loss of £78.0m in 2008.
Adjusted net assets pe
11-Mar-2010 09:34 AM
Investment holding company Princess Private Equity is considering switching to an open-ended format to overcome its discount to net asset value.
Guernsey-domiciled Princess says it continues to trade at a significant discount to NAV despite seeing a re
11-Mar-2010 09:28 AM
First half revenues at digital marketing firm dotDigital Group rose 44% to £2.8m in the six months to the end of December.
Profits after tax increased by 28% to £520,000 and were up by 42% excluding PLUS costs and an IFRS charge relating to options.
The
11-Mar-2010 09:22 AM
Avanti Capital's pre-tax profits fell to £19,000 in the six months to the end of December - down from £314,000 last time.
Revenues rose to £6.8m from £5.9m and gross profits increased to £5.6m from £4.9m a year ago.
The group had net assets - exclu
11-Mar-2010 09:17 AM
International information and communications technology Datatec's financial performance remains in line with expectations set out in January.
The board expects revenues of between $3.7bn and $4bn, profit after tax of approximately $44m, underlying
11-Mar-2010 09:16 AM
RSA Insurance has acquired the renewal rights to TrygVesta's marine hull portfolio for £6m in cash.
It says the transaction, via its Danish subsidiary Codan Forsikring, is in line with the group's focus on targeted growth in specialty line
11-Mar-2010 09:12 AM
Emerging markets equity investment manager Charlemagne Capital's assets under management rose by 40% in the year to the end of December to $3.05bn.
But the firm's net profit after tax and minority interest fell to $5.7m - down 59.1% - and earni
11-Mar-2010 09:08 AM
Premier Oil has noted announcement of an oil discovery on the Bl�baer prospect in the North Sea.
BG Norge, operator of production licence 374 S, is in the process of completing drilling of wildcat well 34/5-1 S, located about 25 km northeast of the Snorr