LONDON, UK: Midwich Group (AIM: MIDW), a global specialist audio visual distributor, has entered a binding agreement to acquire prodyTel Distribution Gmbh, a distributor of professional audio and technical solutions products based near Nuremberg, Germany. The deal will be funded from Midwich’s existing facilities and is expected to be earnings enhancing in the first full…
Category: London Stock Exchange
News and updates from London Stock Exchange
Gelion Plc to acquire OXLiD for an aggregate consideration of £4.2 million
LONDON, UK: Gelion Plc (AIM: GELN), the Anglo-Australian battery innovator, has conditionally agreed to acquire the entire issued share capital of OXLiD for an aggregate consideration of up to approximately £4.2 million. OXLiD is a UK based lithium-sulfur (LiS) battery technology developer, dedicated to the development and commercialisation of LiS batteries for electrified transportation and…
Chapel Down, England’s largest winemaker, plans listing on London Stock Exchange
LONDON, UK: Chapel Down, England’s leading and largest winemaker, expressed its intention to seek admission of the entire issued share capital of the company to trading on AIM at London Stock Exchange, according to a release. Chapel Down also published an update on its record breaking 2023 harvest with tonnage 86% higher than 2022. Chapel…
Schroders Capital invests $8.0 million in India-based Bizongo
LONDON, UK: Schroders Capital Global Innovation Trust plc has made an investment of $8.0 million (£6.3 million) in India-based vendor digitisation company, Bizongo. This investment formed part of the $50.0 million Series E funding round that was led by Schroders Capital with participation from other investors including IFC, BCap, Chiratae Ventures, and British International Investment….
Galliford Try Holdings acquires AVRS Systems Limited for up to £7.0 million
LONDON, UK: Galliford Try Holdings has acquired AVRS Systems Limited (AVRS), a specialist mechanical, electrical, instrumentation, control and automation (MEICA) design and build contractor to the water and energy sectors for a total consideration of up to £7.0 million, a filing noted. Established in 1972, AVRS delivers specialist MEICA design and build solutions. In the…
TruFin’s subsidiary Oxygen Finance to acquire bidstats.uk
LONDON, UK: TruFin announced that its subsidiary Oxygen Finance, the leading early payments programme provider headquartered in Birmingham, has entered into a binding agreement to acquire bidstats.uk and all associated assets. bidstats.uk offers users a suite of tools bundled into easily accessible freemium and subscription services that help businesses win public sector work. The site…
Trident Royalties announces acquisition of copper rich polymetallic royalty in USA
LONDON, UK: Trident Royalties Plc, a diversified mining royalty company, has announced a significant milestone with its binding royalty purchase agreement with ASX-listed New World Resources Limited (ASX: NWC). This agreement secures a net smelter return (“NSR”) royalty on all metal production from New World’s flagship Antler Copper Project, a copper-zinc polymetallic deposit in Arizona,…
Serco wins electronic monitoring contract with value of £200m
LONDON, UK: Serco brings together the right people, the right technology and the right partners to create innovative solutions that make a positive impact and address some of the most urgent and complex challenges facing governments. The justice sector is a core area of expertise for our business, and we are pleased the UK Ministry…
Begbies Traynor Group has acquired Andrew Forbes Limited
LONDON, UK: Begbies Traynor Group plc, the business recovery, financial advisory and property services consultancy, has completed the acquisition of Andrew Forbes Limited (Andrew Forbes). Andrew Forbes is a firm of chartered surveyors employing 18 staff in Bristol and operating across the South West, founded in 1995. The business will integrate with Eddisons, the group’s…
eEnergy signs strategic investment agreement with Luceco plc
LONDON, UK: eEnergy (AIM: EAAS), the net zero energy services provider, has signed a strategic investment agreement with long standing partner, Luceco plc, pursuant to which Luceco will invest £1.753 million via a subscription for new ordinary shares in eEnergy. eEnergy has a longstanding relationship with Luceco principally relating to its role as a significant…
Pennpetro Energy announces first oil trucked from Chalk Talk 1H Well in Texas
LONDON: Pennpetro Energy, an independent oil and gas company focusing on development and production in the Peach Creek (Austin Chalk) Oil Field in Gonzales County, Texas, USA, advises that further to its RNS dated 30 October 2023, the Chalk Talk #1H (“CT1H”) well has been on extended well test, the first two truckloads (170 bbls…
Kromek and global technology solutions provider to develop next-generation CT detector technology
LONDON, UK: Kromek Group plc (AIM: KMK), a leading developer of radiation and bio-detection technology solutions for the advanced imaging and CBRN detection segments, announces that it has entered into a collaboration agreement with a new partner to develop Cadmium Zinc Telluride (“CZT”) based detectors for photon counting computed tomography applications in the medical imaging…