LONDON, UK: Oracle Energy Limited has signed a non-binding Memorandum of Understanding (MoU) with Jiangsu Guofu Hydrogen Energy Equipment Co. to jointly explore hydrogen storage and hydrogen refuelling infrastructure opportunities as a part of Oracle Energy’s 400MW green hydrogen project in Pakistan. Naheed Memon, CEO of Oracle, commented: “This is another big leap forward in…
Q-Bot Limited secures £1.6mn investment to fund growth
LONDON: NetScientific plc (AIM: NSCI), the international life sciences and sustainability technology investment and commercialisation Group announces that portfolio company Q-Bot has successfully closed a £1.62 million investment round to fund the next stage of its growth. The additional funds will allow Q-Bot to accelerate the rollout of its unique patented solution of using robots…
Teaminvest Private Group acquires Julia Lee’s Burman Invest
SYDNEY, AUSTRALIA: Teaminvest Private Group Limited (ASX:TIP) has acquired Burman Invest, the retail fund manager founded by Julia Lee. Julia Lee is a well-known market commentator, who regularly appears on Bloomberg, CNBC, ABC, Sky and Sunrise. Lee, who is also on the board of directors of the Australian Stockbrokers Foundation, will be moving from her…
David Hutton appointed MD and CEO of Rimfire Pacific Mining
SYDNEY, AUSTRALIA: Rimfire Pacific Mining Ltd (ASX: RIM) announced the appointment of Mr David Hutton as Managing Director and Chief Executive Officer (MD and CEO) of the Company, effective 15 June 2022. As advised on 7 February 2022, David has been supporting the Company in a part-time executive role during a period of management transition….
Bavarian Nordic enters Monkeypox vaccine supply contract with HERA
COPENHAGEN, DENMARK: Bavarian Nordic A/S announced today that the European Health Emergency Preparedness and Response Authority (HERA) has ordered 110,000 doses of MVA-BN smallpox/monkeypox vaccine, which will be made available to EU Member States, Norway and Iceland in response to the current monkeypox outbreak. Established by the European Commission in September 2021, HERA’s purpose is…
Atos sells shareholding in Worldline for €220 million
PARIS, FRANCE: Atos has completed the sale of its entire stake in Worldline of ca. 7.0 million shares representing ca. 2.5% of Worldline’s share capital. The sale was carried out by way of an accelerated book building to institutional investors. Atos has concomitantly entered into a derivative transaction to hedge its residual exposure to Worldline’s…
Fintel and M&G plc sign long term strategic distribution partnership
LONDON, UK: Fintel (AIM: FNTL), the leading provider of Fintech and support services to the UK retail financial services sector, announced that M&G plc has become the latest partner to commit to a multi-year agreement for its Managed Distribution Service (MDS), with the agreement covering M&G’s retail and savings business, primarily Pru UK, and M&G…
Unibail-Rodamco-Westfield to sell Almere Centrum in The Netherlands for €155mn
AMSTERDAM: Unibail-Rodamco-Westfield (URW) announced an agreement with a group of private investors led by the UMB Group for the sale of Almere Centrum in The Netherlands. The Net Disposal Price of €155 Mn is in line with the last appraisal value. Almere Centrum is an 87,000 sqm high-street retail asset located in the city centre…
MJ Hudson signs strategic partnership with Cork Gully
LONDON, UK: MJ Hudson, the end-to-end solutions provider to the asset management industry, announced a new strategic partnership with leading restructuring practice, Cork Gully, providing MJ Hudson and its clients with access to the growing market for private markets fund restructurings and further extending the full-service solutions provided by the Group. Pursuant to this partnership,…
FirstGroup signs National Rail Contract for GWR
LONDON, UK: FirstGroup plc announced the agreement of a National Rail Contract (‘NRC’) with the Department for Transport (‘DfT’) for its Great Western Railway (‘GWR’) train operating company. The new NRC will commence on 26 June 2022, when GWR’s current contractual agreement ends. The NRC for GWR has a core three-year term to 21 June…
VAALCO energy set to join Russell 3000 index
HOUSTON: VAALCO Energy Inc. (NYSE: EGY) is set to join the broad-market Russell 3000® Index at the conclusion of the 2022 Russell Indexes Annual Reconstitution, according to a preliminary list of additions posted by FTSE Russell on June 3, 2022. Inclusion in the index will take effect after the U.S. market opens on June 27,…
PSX welcomes US Ambassador visit with a Gong Ceremony
KARACHI, PAKISTAN: A Gong Ceremony was held at Pakistan Stock Exchange (PSX) on the visit of the Ambassador of the United States of America to Pakistan, Mr. Donald Blome, to PSX. The US Ambassador, accompanied by the US Consul General in Karachi, Mr. Mark Stroh, and his team, were welcomed at the Exchange by the…