LONDON: Independent Oil and Gas plc has appointed David Gibson as its new Chief Operating Officer (COO), effective today. David has extensive relevant North Sea engineering and project management experience over a near 30-year energy industry career, culminating in a number of executive management positions over the past decade. Having started his industry career at…
Barry Roche appointed Managing Director of Rosenblatt Limited
LONDON: RBG Holdings plc announced that Barry Roche was appointed as Managing Director of the Group’s law firm, Rosenblatt Limited (RBL), on 30 January 2021. In addition, the Board provides a further update on the positive progress at Convex Capital Limited, the Group’s specialist sell-side corporate finance boutique. Working alongside RBL’s senior management team, Barry…
Toyo Engineering and Velocys execute a collaboration agreement
LONDON: Velocys plc, the sustainable fuels technology company, announced the signing of a collaboration agreement with Toyo Engineering Corporation (Toyo) to start the development of their commercial projects to produce Sustainable Aviation Fuel (SAF) and other renewable fuels in Japan. The agreement follows on from the successful work already conducted in 2020 between Velocys and…
Begbies Traynor acquires Hargreaves Newberry Gyngell
LONDON: Begbies Traynor Group announced the acquisition of the entire issued share capital of Hargreaves Newberry Gyngell Limited (HNG). HNG is a London based firm of chartered surveyors employing 13 staff who will all integrate with Eddisons, the group’s property advisory and transactional services division. HNG provide commercial property management, agency and lease advisory services…
Boohoo agrees to acquire Dorothy Perkins, Wallis & Burton for £25.2 million
LONDON: boohoo, a leading online fashion retailer, has agreed to acquire all of the e-commerce and digital assets and associated intellectual property rights, including customer data, related business information and inventory of the Burton, Dorothy Perkins and Wallis brands from the joint administrators of Arcadia Group Limited and its relevant subsidiaries. boohoo will pay £25.2…
Avacta Group signs commercial partnership with Mologic
LONDON: Avacta Group has entered into a commercial partnership with Mologic Ltd to accelerate to market Avacta’s AffiDX SARS-CoV-2 lateral flow rapid antigen test. Avacta will also support antigen testing in low and middle income countries by providing access to Avacta’s spike antigen test through Mologic. The partnership will provide a faster route to market…
Learning Technologies Group acquires PDT Global for initial consideration of £13.2 million
LONDON: Learning Technologies Group (LTG), the provider of services and software for digital learning and talent management, has acquired UK-based PDT Global, a leading provider of online Diversity and Inclusion (D&I) training solutions, for an initial cash consideration of £13.2 million. PDT Global’s founders and majority shareholders, Heather Butler and Angela Peacock, will join the…
Samarkand Group to raise £10 million by listing on Aquis Stock Exchange Growth Market
LONDON: Samarkand Group Limited, the cross-border eCommerce technology and retail group, expressed intention to apply for admission of its Ordinary Shares to trading on the Aquis Stock Exchange Growth Market. The Company is proposing to raise approximately £10 million by way of a placing to institutional investors and a subscription to qualifying investors. The Company…
Livingstone Health Holdings lists on SGX Catalist
SINGAPORE: Singapore Exchange (SGX) has welcomed Livingstone Health Holdings Limited to its Catalist under the stock code “PRH”. Based in Singapore, Livingstone Health Holdings Limited is a multidisciplinary specialist healthcare group, which focuses on aesthetics and wellness, anaesthesiology and pain management, family medicine, internal medicine as well as orthopaedic surgery. The group has 15 medical…
Atea Sweden wins SEK 300 million per year frame agreement within software and related service
OSLO: Atea Sweden AB has won a large new frame agreement with a public sector customer, a news release said. The frame agreement covers software and related services. Deliveries under the frame agreement will start in Q2 2021. The frame agreement has a two-year term, with an option for an additional two years. The total…
Ratos establishes new financial targets to develop a long-term business group
STOCKHOLM: The Board of Ratos AB has decided on new financial targets based on the previously announced decision to steer the direction of operations towards becoming a business group with a long-term perspective. Ratos currently has an “eternal” ownership horizon and invests to build value over the long term. “After reviewing the investment strategy implemented…
DP World reports 7.6% gross volume growth in 4Q2020 and flat growth for FY2020
DUBAI: DP World Limited handled 19.1 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 4Q2020, with gross container volumes increasing by 7.6% year-on-year on a reported basis and up 6.5% on a like-for-like basis. On a FY2020 basis, DP World handled 71.2 million TEU, flat year-on-year and up 0.2% on…