LONDON: Brave Bison Plc, the digital advertising and technology services company, has made a formal approach to the Board of The Mission Group plc regarding a possible offer to acquire the entire issued and to be issued share capital of Mission by way of an all-share offer. Mission Group PLC is a UK-based marketing communication…
Category: London Stock Exchange
News and updates from London Stock Exchange
FRP Advisory Group acquires Hilton-Baird Group for initial £7 million
LONDON, UK: FRP Advisory Group plc, a leading national specialist business advisory firm, announced the acquisition of commercial finance and risk management specialists Hilton-Baird Group for a consideration of £7 million plus an amount for the net assets acquired on completion which we estimate to be c. £1.4 million and a three-year performance based earn-out…
Bytes Technology Group announces Sam Mudd as new CEO
LONDON, UK: Bytes Technology Group plc, a leading UK software, security, and cloud services company, has announced the appointment of Sam Mudd as the new Chief Executive Officer (CEO), effective immediately. Mudd, who has over two decades of leadership experience, has been part of the Bytes Technology Group (BTG) Board since July 2023 and served…
genedrive plc announces multi-tiered shares sale
MANCHESTER, UK: genedrive plc (LSE: GDR), a leader in point-of-care pharmacogenetic testing, has unveiled a comprehensive fundraising initiative aimed at securing approximately £8.1 million. The strategy includes a placing of shares at 1.5 pence each, significantly below the closing price on 8 May 2024, with no underwriting involved. The fundraising is structured into three main…
Frontier signs deal with Universal Products & Experiences for a 3rd Jurassic World game
LONDON: Frontier Developments plc (AIM: FDEV), a leading developer and publisher of videogames based in Cambridge, UK, signed a licence with Universal Products & Experiences for a third Jurassic World game. Following the major success of Jurassic World Evolution and Jurassic World Evolution 2, which released in June 2018 and November 2021 respectively, Frontier and…
Arecor and Medtronic announce diabetes collaboration
CAMBRIDGE, UK: Arecor Therapeutics plc, a trailblazer in biopharmaceuticals, has joined hands with healthcare technology titan Medtronic plc to forge a path in diabetes care with the development of a pioneering, high-concentration, thermostable insulin. This cutting-edge insulin is set to be a cornerstone of Medtronic’s Diabetes sector, powering a revolutionary implantable pump designed to enhance…
Hysata completes $111 million series B funding round
LONDON: IP Group plc (LSE: IPO), which invests in breakthrough science and innovation companies with the potential to create a better future for all, announced that Australian portfolio company Hysata Pty Ltd completed its US$111m (£91m) Series B funding round. Hysata, which is developing electrolysers to produce green hydrogen at scale with both higher energy…
Watches of Switzerland Group has acquired Roberto Coin Inc. for $130 million
LONDON: On 8 May 2024, the Watches of Switzerland Group (WOSG) signed and completed the acquisition of the entire share capital of Roberto Coin Inc., an associate company of Roberto Coin S.p.A. from Roberto Coin S.p.A., Pilar Coin and Peter Webster, Co-Founder and President of Roberto Coin Inc., for a total consideration of $130 million….
Great Places Housing Group appoints Alison Dean as new CEO
LONDON: Great Places Housing Group has appointed current Deputy Chief Executive Alison Dean as its new Chief Executive Officer following a robust recruitment process. The decision was ratified by the Board at a meeting on 2 May 2024. Current CEO Matt Harrison who has led the group for over 10 years, and been with the…
DGI partners with EVAge Motors to manufacture world-class electric motor in India
LONDON: DG Innovate (LSE: DGI), the advanced R&D company developing pioneering solutions in sustainable mobility and energy storage, has entered into an MoU to establish a transformative joint venture (JV) with EVage Motors (EVage), the fastest-growing electric truck company in India. The planned JV will allow DGI to pursue a faster, lower-cost route to high-precision…
Mobile Tornado secures major contract with Middle Eastern and African MNO
LONDON: Mobile Tornado, a pioneer in push-to-talk over cellular (PTToC) and workforce management solutions, has announced a landmark contract with a leading mobile network operator (MNO) in the Middle East and Africa. This partnership is set to introduce a suite of advanced technologies to the MNO’s service offerings. The MNO, which boasts a customer base…
Block Energy and Rustavi Azot embark on pioneering carbon capture project in Georgia
LONDON: Block Energy plc, a prominent player in the development and production sector in Georgia, has joined forces with JSC Rustavi Azot, a subsidiary of the esteemed Indorama Corporation Pte Ltd. The collaboration is set to explore the potential of a Carbon Capture and Storage (CCS) project within the prolific Patardzeuli-Samgori Middle Eocene reservoir. The…