LONDON, UK: Franklin Templeton International Services, in its capacity of alternative investment fund manager (FTIS) of Fondul Proprietatea S.A. has launched an accelerated bookbuild offering of up to 1.7 billion ordinary shares, plus an upsize option of further up to 1.15 billion ordinary shares held by the Fund in OMV Petrom S.A. OMV Petrom S.A….
Category: London Exchange
London Stock Exchange, Corporate filings, news releases, M&A
Sanctions against KPMG LLP and Nicola Quayle
LONDON, UK: The Financial Reporting Council has issued a Final Decision Notice under the Audit Enforcement Procedure and imposed sanctions against KPMG LLP (“KPMG”) and the Audit Engagement Partner, Nicola Quayle (the “Respondents”), in relation to the statutory audit of the financial statements of Conviviality plc (“Conviviality” or “the Company”) for the financial year ended 30 April…
Ryan Moore resigns his position as CEO of Mode Global
LONDON, UK: Mode Global Holdings, the LSE-listed Fintech Group announced that Ryan Moore has resigned his position as CEO and director of Mode, with effect from close of business on 18 January 2022. Jonathan Rowland will take over Ryan’s day-to-day duties in the role of Executive Chairman. Jonathan Rowland, Executive Chairman of the Company, said:…
Smith+Nephew acquires Engage Surgical
LONDON, UK: Smith+Nephew, the global medical technology business, announced the acquisition of Engage Surgical, owner of the only cementless unicompartmental (partial) knee system commercially available in the US. This acquisition strongly supports Smith+Nephew’s strategy for growth by transforming its business through innovation and acquisition, while also providing differentiation for its customers. The Engage Surgical Partial…
Boku Inc to sell Boku Identity to Twilio for $32.3mn
LONDON, UK: Boku Inc., a leading provider of mobile payment solutions, has reached agreement for the divestment of its wholly-owned subsidiary Boku Identity Inc. to Twilio Inc. for a maximum transaction value of $32.3 million, payable in cash. Boku Identity provides mobile identity and authentication solutions driven by real-time connections to Mobile Network Operators (MNOs)….
Shawn Purvis appointed President and CEO of QinetiQ US
LONDON, UK: QinetiQ Group has named Shawn Purvis as President and CEO of QinetiQ US, effective 16 February 2022. Shawn is currently a member of the Executive Leadership Team and Corporate Vice President at Northrop Grumman Corporation. Shawn leads Northrop Grumman’s Enterprise Services sector, responsible for global cyber security, operations and next generation digitisation including…
Palace Capital acquires Maidenhead office building for £10.25m
LONDON, UK: Palace Capital has acquired 22 Market Street, an office building in the centre of Maidenhead, Berkshire for £10.25 million reflecting a net initial yield of 6.83%. The transaction has been funded using both the existing NatWest revolving credit facility and proceeds from the Company’s £30 million disposal strategy, which aims to generate capital…
Vela Technologies invests in EnSilica Limited
LONDON, UK: Vela Technologies has invested £750,000 in EnSilica Limited, a leading fabless semiconductor design business focused on custom mixed signal Application Specific Integrated Circuits (ASICs), in the form of convertible loan notes, as part of a pre-IPO funding round being undertaken by EnSilica to raise up to £1.5 million. Vela Technologies is an AIM-quoted…
Hikma expands into Canada with acquisition of Teligent Inc
LONDON, UK: Hikma Pharmaceuticals, the multinational pharmaceutical company, has agreed to acquire the Canadian assets of Teligent Inc. for $45.75 million. The transaction is expected to be completed before the end of the first quarter of 2022. The acquisition marks Hikma’s expansion into Canada and includes a portfolio of 25 sterile injectable products, three in-licenced…
Tavistock Investments to acquire Morgan financial Group for £3.7mn
LONDON, UK: Tavistock Investments Plc has entered into an agreement to acquire the entire issued share capital of Morgan Financial Group Holdings Limited, an independent financial advisory group with offices in Bath and Cheltenham. Tavistock has agreed to acquire Morgans for a total cash consideration of £3.7 million, from Corimar Asset Management Fund LP. £3.1…