LONDON, UK: TruFin announced that its subsidiary Playstack, a leading games technology business headquartered in London, has released The Entropy Centre, a new game developed by Stubby Games Limited, a UK-based indie developer. Out today on PlayStation 5, Xbox Series, PlayStation 4, Xbox One, and PC via Steam, The Entropy Centre is a first-person sci-fi…
Neoen and BHP sign a 70MW renewable energy baseload contract
PARIS, FRANCE: Neoen, one of the world’s leading producers of exclusively renewable energy, has signed a 70 MW renewable energy baseload contract with BHP, a world-leading resources company. The contract will supply power to BHP’s Olympic Dam operations in South Australia, one of the world’s most significant deposits of copper, gold and uranium. It is…
Navya signs MoU to join Red Sea Global
PARIS, FRANCE: Navya has signed MoU with Red Sea Global to take part in the innovative transportation scheme of one of the most ambitious tourism projects in the world. NAVYA, an autonomous mobility systems leader, has signed a memorandum of understanding with Red Sea Global, the developer responsible for some of the world’s most ambitious…
Norcod enters into NOK 75 million credit facility with DNB
TRONDHEIM, NORWAY: Norcod has today entered into a NOK 75 million overdraft facility with DNB, Norway’s largest bank and also the largest within the seafood industry. The agreement secures the financing of Norcod operations for the upcoming 12 months. Norcod is planning to use the credit facility to further invest in the cod production at…
Longboat Energy announces gas condensate discovery at Oswig
LONDON, UK: Longboat Energy, the emerging full-cycle E&P company, announced a gas condensate discovery in the OMV operated Oswig exploration well 30/5-4S and sidetrack 30/5-4A (Company 20%). The Oswig sidetrack (30/5-4A) was drilled to a depth of 4,726 metres TVDSS to conduct a drill stem test (“DST”) in the Upper Tarbert Formation. The average production rate…
X5 Retail Group acquires controlling stake in Krasny Yar and Slata
MOSCOW, RUSSIA: X5 Retail Group, a leading Russian food retailer that operates the Pyaterochka, Perekrestok and Chizhik retail chains, has finalised a strategic partnership with Krasny Yar and Slata groups, two of the leading retailers in Eastern Siberia. As part of the agreement, X5 acquired 70% of Krasny Yar’s and Slata’s businesses following the relevant…
Schroder announces merger of Waterlogic with Culligan International
LONDON, UK: Schroder British Opportunities Trust (SBO) has confirmed that Culligan International – the innovative brand in consumer-focused, sustainable water solutions and services – and Waterlogic Group Holdings – a global designer, manufacturer, distributor and service provider of purified drinking water dispensers – have announced the completion of their merger. Together they will create a…
Life Science REIT to switch to main market of London Stock Exchange
LONDON, UK: Life Science REIT (AIM: LABS), the real estate investment trust focused on UK life science properties, announces that, in accordance with the intention expressed at the time of the Company’s initial public offering on AIM, the board has determined to apply for the Company’s existing ordinary shares to be admitted to listing on…
Kingswood Holdings has acquired EBS
LONDON, UK: Kingswood Holdings (AIM: KWG), the international, fully integrated wealth and investment management group, has exchanged and completed on the acquisition of EBS, a financial planning firm based in Buckinghamshire. The business will be acquired for total cash consideration of up to £5.08m, payable over a five-year period. £2.75m will be paid at closing…
Kingswood agrees to acquire JCH Investment Management
LONDON, UK: Kingswood Holdings Limited (AIM: KWG) announced the conditional acquisition of JCH Investment Management Limited (JCH) a leading financial advice firm based in Lincoln. The acquisition remains conditional on regulatory approval. David Lawrence, Kingswood Group CEO, commented: “As well as announcing our completion of EBS today, I am delighted to announce the acquisition of…
IG Design Group appoints Paul Bal as Chief Executive Officer
LONDON, UK: IG Design Group announced the appointment of Paul Bal as Chief Executive Officer, effective from 1 April 2023. IG Design Group is one of the world’s leading designers, innovators and manufacturers of Gift Packaging, Celebrations, Craft & Creative Play, Stationery, Gifting and related product categories. Paul was appointed as the Group’s Chief Financial…
Daniela Fontana appointed CEO & MD of A2B Australia
SYDNEY, AUSTRALIA: A2B Australia Limited (ASX: A2B) announced the appointment of Daniela Fontana as Chief Executive Officer & Managing Director, effective 1 March 2023. Daniela Fontana is currently the Chief Executive Officer of the State Transit Authority, a NSW Government enterprise managing a fleet of over 1,400 buses carrying over 600,000 passengers daily throughout the…