LONDON, UK: Good Energy Group announced the disposal of its 47.5MW renewable generation asset portfolio as part of an ongoing strategic shift to energy and mobility services. Company had appointed KPMG LLP to lead a sale process for the Company’s entire 47.5MW generation portfolio. Following a competitive process, the disposal of the portfolio has been…
GSTechnologies acquires Lithuanian Crypto Exchange Licence
LONDON, UK: GSTechnologies Limited (LSE: GST) has entered into a legally binding Sale and Purchase Agreement to acquire the whole of the issued share capital of UAB Glindala, a holder of a Crypto Currency Exchange Licence registered in Lithuania, for a total cash consideration of €27,500. Glindala’s Crypto Currency Exchange Licence is supervised by the…
Hercules Site Services intends to float on AIM Market
LONDON, UK: Hercules Site Services plc, a leading technology enabled labour supply company for the UK infrastructure sector, announced its intention to seek admission of its shares to trading on AIM, a market of the London Stock Exchange. Hercules Site Services is seeking to raise approximately £5.5 million to rapidly deliver on the significant demand…
Marlowe signs deal to acquire Optima Health Group for £135mn
LONDON, UK: Marlowe Plc, the leader in business-critical services and software, has entered into a binding agreement to acquire Optima Health Group Limited for £135 million. Marlowe also announced a proposed placing to raise gross proceeds of c.£130 million through the issue of new ordinary shares of 50 pence each to new and existing investors….
Walmart invites Indian sellers to expand overseas via Its U.S. marketplace
BENTONVILLE: Walmart is now inviting select Indian sellers to apply to join Walmart Marketplace, a curated sellers community that serves more than 120 million U.S. shoppers each month. This initiative expands on over 20 years of Walmart’s engagement with Indian exporters. India is already one of Walmart’s top sourcing markets, and the company has set…
BetMakers appoints Christian Stuart as CEO of North America
SYDNEY, AUSTRALIA: BetMakers Technology Group announced the appointment of Christian Stuart in the key role of Chief Executive Officer of North America. For the past 16 years, Christian has been a frontrunner in the US gaming industry, holding executive leadership positions with Caesars Entertainment Inc., the largest gaming company in the U.S. Christian’s previous roles…
PetroTal commences trading on the OTCQX Market
CALGARY, CANADA: PetroTal Corp. has upgraded from the Pink market to the OTCQX Best Market in the U.S. and commenced trading under the ticker symbol PTALF. The OTCQX Best Market provides investors with a premium U.S. public market and is the highest tier on which over 11,000 U.S. and global securities trade. Upgrading to the…
Fondul Proprietatea selling upto 2.85bn shares in OMV Petrom
LONDON, UK: Franklin Templeton International Services, in its capacity of alternative investment fund manager (FTIS) of Fondul Proprietatea S.A. has launched an accelerated bookbuild offering of up to 1.7 billion ordinary shares, plus an upsize option of further up to 1.15 billion ordinary shares held by the Fund in OMV Petrom S.A. OMV Petrom S.A….
STRING to pioneer the green transition of road transport
OSLO, NORWAY: To solve the issue of fuelling infrastructure, STRING members and six private companies initiated a cross border public/private partnership to invest in a series of hydrogen fuelling stations, with the help of EU funding. STRING is a membership organisation that connects local governments from Germany, Denmark, Sweden and Norway, to collaborate on cross-border…
Sanctions against KPMG LLP and Nicola Quayle
LONDON, UK: The Financial Reporting Council has issued a Final Decision Notice under the Audit Enforcement Procedure and imposed sanctions against KPMG LLP (“KPMG”) and the Audit Engagement Partner, Nicola Quayle (the “Respondents”), in relation to the statutory audit of the financial statements of Conviviality plc (“Conviviality” or “the Company”) for the financial year ended 30 April…
Multiconsult ASA acquires Smidt & Ingebrigtsen
OSLO, NORWAY: Multiconsult ASA has acquired Smidt & Ingebrigtsen AS to strengthen its competence and market position in western Norway. Smidt & Ingebrigtsen is a consulting engineering company based in Bergen, with a strong reputation and a solid market position both in the public and private construction and civil engineering market in western Norway. Smidt…
Ryan Moore resigns his position as CEO of Mode Global
LONDON, UK: Mode Global Holdings, the LSE-listed Fintech Group announced that Ryan Moore has resigned his position as CEO and director of Mode, with effect from close of business on 18 January 2022. Jonathan Rowland will take over Ryan’s day-to-day duties in the role of Executive Chairman. Jonathan Rowland, Executive Chairman of the Company, said:…