LONDON, UK: Avingtrans plc (AIM: AVG), the engineering technology group, has announced a trading update for the financial year ended 31 May 2023, showing results in line with market expectations and a record order book. The group has also secured several contract wins in the nuclear sector, worth over £8 million in total. The group…
Author: Bernice Miles
Oncimmune announces new CEO and finance director as part of leadership shake-up
LONDON, UK: Oncimmune Holdings plc, a company that provides autoantibody profiling services to the pharma and biotech industry, has announced the appointment of Martin Gouldstone as its new Chief Executive Officer and Martin Hudson as its new Finance Director, as part of a leadership reshuffle. Martin Gouldstone will join Oncimmune on 1 August 2023, replacing…
Ithaca Energy snaps up remaining stake in Fotla Discovery and three exploration licences
LONDON, UK: Ithaca Energy (LON: ITH) has announced a deal to buy out its partner Spirit Energy Resources Limited and take full ownership of the Fotla Discovery and three exploration licences in the UK North Sea. The deal, which is subject to regulatory approval and other conditions, will give Ithaca Energy complete control over the…
Pension SuperFund Capital eyes 70 pence/share takeover of STM Group
LONDON, UK: Pension SuperFund Capital, a pension risk transfer specialist, has reached an agreement in principle with STM Group, a cross border financial services provider, on the key terms of a possible cash offer for the entire issued and to be issued share capital of the company. The possible offer values STM Group at 70…
Eco Atlantic sells 6.25% stake in South Africa block to Africa Oil
LONDON, UK: Eco Atlantic Oil & Gas Ltd., an exploration company focused on the offshore Atlantic Margins, has agreed to sell a 6.25% interest in Block 3B/4B, offshore South Africa, to its partner and operator Africa Oil Corp. for up to US$10.5m in cash. The deal, which is subject to regulatory approvals from the South…
Centrica signs major LNG supply agreement with Delfin Midstream
LONDON, UK: Centrica and Delfin Midstream Inc today announced the signature of a long-term Sale and Purchase Agreement for 1.0 million tonnes per annum (MTPA) of Liquefied Natural Gas (“LNG”) for 15-years on a Free on Board (“FOB”) basis at the Delfin Deepwater Port, located 40 nautical miles off the coast of Louisiana. This agreement…
Man Group Plc to acquire Varagon Capital Partners
LONDON, UK: Man Group plc has entered into an agreement to acquire a controlling interest in Varagon Capital Partners, L.P., a leading U.S. middle market private credit manager with $11.8 billion of assets under management (AUM) and $15.4 billion of total client commitments. At completion, Man Group will pay $183 million in cash to selling…
Novacyt UK Holdings offers to take-over Yourgene Health for £16.7 million
LONDON, UK: Novacyt UK Holdings, a wholly-owned subsidiary of Novacyt S.A., has made an offer to take-over Yourgene Health plc at the rate of 0.522 pence in cash per Yourgene share. The acquisition values the entire issued and to be issued share capital of Yourgene at approximately £16.7 million. The boards of Novacyt and Novacyt…
FAQs to Help You Start and Grow Your Passive Income Streams
Passive income is a hot topic these days, and for good reason. It’s the ultimate way to achieve financial freedom and live the life you want. The key to creating passive income is to set up systems that work for you. Once you’ve done the initial work, your passive income streams will continue to generate…
Good Energy expands its solar installation business with Wessex EcoEnergy acquisition
LONDON, UK: Good Energy Group, the 100% renewable electricity and energy services provider, has acquired the entire issued share capital of Wessex EcoEnergy Limited, an established UK based solar installation business, on a debt free, cash free basis for an initial consideration of £2.5 million. Building on its acquisition of Igloo Works in December 2022,…
OnTheMarket luanches OnTheMarket Money to provide financial services for home buyers
LONDON, UK: OnTheMarket plc (AIM: OTMP), the leading agent-owned property portal, is excited to announce the launch of OnTheMarket Money, a new division aimed at providing consumers with access to financial services and essential products related to the home moving process. In its first partnership under the OnTheMarket Money brand, OnTheMarket has joined forces with…
Psych Capital acquires Shortwave Pharma to expand eating disorder treatment portfolio
LONDON, UK: Psych Capital PLC, a leading global investment firm specializing in the healthcare sector, has announced that it has acquired 100% of the issued share capital of Shortwave Pharma Inc., a biopharmaceutical drug-development company. The acquisition will expand Psych Capital’s pharmaceutical portfolio to address the growing market for eating disorders. Shortwave Pharma is a…