LONDON, UK: The board of M.P. Evans Group announced that, with effect from 1 January 2022, Matthew Coulson will take up the role of chief executive. At the same time, Peter Hadsley-Chaplin will relinquish the responsibilities of chief executive, continuing in his role as executive chairman. Matthew joined the Group in 2016 as CFO and…
Aker, Ocean Winds & Statkraft unite to develop floating offshore in North Sea
OSLO, NORWAY: Aker Offshore Wind, Ocean Winds, and Statkraft have signed a collaboration agreement to bid for, develop, construct, and operate offshore wind and associated infrastructure for the Utsira Nord license area in Norway. The equal partnership will submit an application to the Norwegian authorities for the development of a commercial scale floating offshore wind…
BlueScope buys steel recycling business of MetalX for $240mn
SYDNEY AUSTRALIA: BlueScope has entered into a binding agreement to buy the ferrous scrap steel recycling business of MetalX LLC. It is the leading supplier of scrap feed to its Ohio-based mini-mill business, North Star BlueScope Steel. BlueScope will pay US$240 million to acquire two of MetalX’s operating sites which are located in Indiana and…
Chief Operating Officer Sanford Limited, Clement Chia resigns
AUCKLAND, NEW ZEALAND: Sanford Limited announced the resignation of its Chief Operating Officer, Clement Chia. CEO Peter Reidie says he has accepted Mr Chia’s resignation with regret, after he has served on Sanford’s executive team for seven years. “Clement has been a strong and highly valued contributor to our business since he joined Sanford in…
MDxHealth prices IPO at $12 per American Depositary Share
HERSTAL, BELGIUM: MDxHealth SA, a commercial-stage precision diagnostics company, announced the pricing of its initial public offering (IPO) in the United States of 3.75 million American Depositary Shares (each representing 10 ordinary shares) (“ADSs”) at a price to the public of USD 12.00 per ADS for total gross proceeds of USD 45.0 million. In connection…
Spiritus Mundi intends IPO on London Stock Exchange
LONDON, UK: Special purpose acquisition vehicle, Spiritus Mundi, intends to launch an initial public offering (IPO) on the Main Market of the London Stock Exchange. Spiritus Mundi was established in 2021 as a special purpose acquisition vehicle which will seek acquisition targets in Europe and Asia in the clinical diagnostics sector. The Company will seek…
ICG acquires Calais Seaways
LONDON, UK: Irish Continental Group (ICG) has purchased the passenger ro-ro cruise ferry “Calais Seaways”. Under the terms of the purchase agreement, title to the ship transferred to ICG on delivery yesterday. The ship will serve the Dover – Calais route operated by Irish Ferries after dry docking and branding changes in line with the…
Foresight Enterprise VCT to offer £30 million of new shares
LONDON, UK: The board of Foresight Enterprise VCT announced intention to launch an offer for subscription to raise up to £20 million (with an over-allotment of up to £10 million) through the issue of new ordinary shares. The prospectus, which will contain full details and the terms and conditions of the Offer, is expected to…
MYSALE confirms A$60mn listing on Australian Securities Exchange
LONDON, UK: MYSALE Group, an Australian headquartered online off-price retail platform, is proceeding with an offer of up to A$60 million and listing on the Australian Securities Exchange (ASX). In conjunction with the listing, MYSALE Group will offer CHESS Depositary Interests (CDIs) in respect of fully paid ordinary shares in the capital of the company…
Pod Point prices IPO at 225 pence/share
LONDON, UK: Pod Point Group announced the successful pricing of its initial public offering at 225 pence per Share. Based on the Offer Price, Pod Point’s market capitalisation will be approximately £352 million at the commencement of conditional dealings on the main market of the London Stock Exchange. Erik Fairbairn, CEO of Pod Point Group…
Aaron LeBlanc appointed COO of Wentworth Resources
LONDON, UK: Wentworth Resources announced the appointment of Mr Aaron LeBlanc as Chief Operating Officer of the company, with immediate effect. Mr LeBlanc is a Canadian national based in London, UK and holds a Bachelor of Science, Geology from the University of Calgary. Mr LeBlanc has 19 years’ experience in the oil & gas sector…
IBM separates managed infrastructure services business to Kyndryl
ARMONK, N.Y.: IBM has completed the separation of its managed infrastructure services business to Kyndryl, a news release said. Starting on November 4, 2021, Kyndryl will begin “regular way” trading on the New York Stock Exchange under the symbol “KD.” Each holder of IBM common stock will receive one share of Kyndryl common stock for…