LONDON, UK: Gateley Holdings Gateley Vinden Limited acquired business and assets of Tozer Gallagher LLP, a leading practice of chartered quantity surveyors and construction consultants, for a total maximum consideration of £700,000, plus an amount equal to the book value of the assets acquired, expected to be approximately £115,000. Tozer Gallagher will join the Gateley…
CGG and PGS sign MoU to develop multi-client data collaboration for CO2 storage
PARIS, FRANCE: CGG and PGS have signed a Memorandum of Understanding (MoU) with a view to combining their seismic multi-client products and technical capabilities applied to the Carbon Capture Utilization and Storage (CCUS) industry. The ambition is to join forces and unlock the value of existing seismic data for carbon storage evaluation. Together, the companies…
Capgemini and CONA partner to develop tomorrow’s digital solutions
PARIS, FRANCE: Capgemini and CONA Services have agreed to a long term co-development and go to market partnership, to build and power a new set of consumer products, retail, and distribution (CPRD) digital solutions, a news release said. This new strategic partnership will provide the agility, speed and insights required for enterprises integrated with top…
Direct Line Group to partner with Motability Operations Ltd
LONDON, UK: Direct Line Insurance Group plc entered into a new partnership with Motability Operations Ltd to provide insurance to the Motability Scheme, supporting its more than 600,000 customers. This partnership is expected to grow Direct Line Group’s Motor customer base by approximately 15% to over 4.5 million, adding further scale to Direct Line Group’s…
Vodafone Spain acquires 5G spectrum for €350 million
LONDON, UK: Vodafone Spain has acquired 2×10 MHz of spectrum in the 700 MHz band from the Spanish Ministry of Economic Affairs and Digital Transformation (‘MINECO’) for €350 million. The total amount will be payable in a single instalment following the conclusion of the auction process. In addition, a licensing fee of €15.5m will be…
Pauline Lafferty joins Breedon Group’s Board as independent non-executive director
LONDON, UK: Breedon Group, a leading construction materials group in Great Britain and Ireland, announced the appointment of Pauline Lafferty as an independent non-executive Director from 1 August 2021. Moni Mannings, Non-executive Director and Chair of the Group’s Remuneration Committee, has given notice of her intention to step down from the Board of Breedon on…
Lucyd launches crowdfund for Innovative Eyewear Inc.
LONDON, UK: Tekcapital Plc (AIM: TEK, OTCQB: TEKCF), the UK intellectual property investment group focused on transforming university technologies into valuable products that can improve quality of life, is pleased to announce that portfolio company Lucyd‘s Innovative Eyewear subsidiary has launched a new Regulation Crowdfund. They are seeking to raise $500,000 at a $20m pre-money…
Northcoders Group to list its shares on AIM of London Stock Exchange
LONDON, UK: Northcoders Group plc, an independent provider of training programmes for software coding, announced its proposed admission to trading on AIM of 1.944 million new ordinary shares of one penny each, at a price of 180 pence per share. The Fundraising will raise a total of £3.5 million. WH Ireland Limited and Peterhouse Capital…
UKGI to sell part of HMT shareholding in NatWest Group
LONDON, UK: UK Government Investments Limited (UKGI) announced that it intends to sell part of Her Majesty’s Treasury’s (HMT) shareholding in NatWest Group plc over a term of twelve months through a pre-arranged trading plan that will be managed by Morgan Stanley & Co. International plc. Under the Trading Plan, Morgan Stanley will have discretion…
AssetCo Plc agrees to buy 63% shares in Rize ETF for £16.5 million
LONDON, UK: AssetCo Plc has reached agreement to acquire an effective 63 per cent equity interest in Rize ETF for £16.5 million, which will be paid in cash, a news release said. AssetCo is also committing a further investment to Rize ETF of £5.25 million to help fund the growth of the business. The equity…
Aki Hussain appointed Group CEO of Hiscox Limited
HAMILTON, BERMUDA: Specialist global insurer Hiscox Limited announced that after 21 years as Group Chief Executive, Bronek Masojada has informed the Board of his intention to retire at the end of the year. Following a thorough succession process, the Board has appointed Aki Hussain, currently Group Chief Financial Officer, as Group Chief Executive from January…
Christian Schreyer appointed Group CEO of Go-Ahead Group plc
LONDON, UK: The Board of the Go-Ahead Group plc announced the appointment of Christian Schreyer as Group Chief Executive with effect from the conclusion of the Annual General Meeting on 5 November 2021. He will join the Group on 1 November. Christian’s appointment follows David Brown’s decision, announced in May, to retire from the role…