WELLINGTON, NEW ZEALAND: KiwiSaver provider, Booster Investment Management Limited, is kicking off the first NZX listing of 2022, with the launch of its new retail investment fund, the Booster Innovation Fund (BIF). The investment fund is the very first of its kind listed on the NZX (on 2 March), providing Kiwis with direct access to…
Duncan Chessell appointed CEO at Copper Search Limited
SYDNEY, AUSTRALIA: Copper Search Limited (ASX: CUS) has appointed experienced mining executive Duncan Chessell as Chief Executive Officer. Mr Chessell is a qualified geologist who is currently Managing Director of gold and battery metals explorer Resolution Minerals Ltd (ASX: RML). He was responsible for co-founding and listing Resolution (as Northern Cobalt) in 2017 and has…
CIOA gets €165mn financing from Landes Finance to accelerate development
PARIS, FRANCE: CIOA Group, an engineering and development company, announced a €165 million financing from Landes Finance, a financing and investment company based in Montreal, Canada. This is a partially convertible bond with a 10-year maturity, an early redemption clause, a 4.5% coupon and a 2-year grace period. This funding will allow the CIOA Group…
Fitch Ratings revised the ratings of 22 Turkish banks
LONDON: International credit rating agency Fitch Ratings revised the ratings of 22 Turkish banks including Isbank, subsequent to the downgrade of Turkey’s sovereign rating on 11 February 2022. The agency revised Isbank’s Long-Term Foreign Currency Issuer Default Rating to B from B+. The outlook of the rating was determined as Negative. The agency also placed…
Shell announces Executive Committee and Board change
LONDON, UK: Shell plc announced the appointment of Sinead Gorman as chief financial officer (CFO), effective April 1, 2022. She will become a member of both Shell’s Executive Committee and Board of Directors. After a distinguished career of 17 years with Shell, the last five years as CFO, Jessica Uhl will step down from her…
Linda L. Aase appointed new CEO in SalMar
OSLO, NORWAY: The board of Directors in SalMar ASA has appointed Linda Litlekalsøy Aase as new CEO in SalMar. She takes over the position after Gustav Witzøe, who has said he is willing to be nominated to the company’s board. Linda L. Aase will take up the position no later than 1 June 2022. The…
Bango commences trading on OTCQX Best Market in United States
LONDON, UK: Bango Plc (OTCQX: BGOPF), the global platform for data-driven commerce, announces that it begins trading today in the United States on OTC Markets Group’s OTCQX Best Market (OTCQX), under the ticker symbol “BGOPF”. Bango’s ordinary shares of 20 pence each (“Ordinary Shares”) will continue to trade on the AIM market of the London…
DeepMatter signs agreement with AI-driven drug discovery company Standigm
LONDON, UK: DeepMatter Group (AIM: DMTR), the international digital chemistry data company, has signed a licensing and collaboration agreement with Standigm Inc., a leading workflow artificial intelligence (AI) drug discovery company, based in South Korea with an increasing international footprint. The first stage of the agreement is expected to generate revenues of £233,000. The Group…
ACCIONA to deploy first hybrid fuel cell system in Spain
LONDON, UK: AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, provides an update on the status of the Company’s fuel cell field deployment in Spain with partner, ACCIONA. ACCIONA is one of the world’s leading construction contractors with a large portfolio of renewable energy projects worldwide. In 2020, ACCIONA and AFC…
FD Technologies partners Microsoft to expand streaming data analytics platform
LONDON, UK: FD Technologies (AIM: FDP.L) has entered into a strategic partnership agreement with Microsoft to expand the reach of its KX Insights streaming data analytics platform as more organisations look to modernise their data infrastructure for real-time decision making. Firstly, KX Insights will be embedded natively on the Microsoft Azure platform as a first…
More Acquisitions Plc to float on the Main Market of London Stock Exchange
LONDON, UK: More Acquisitions Plc, a new type of special purpose acquisition company, announced its intention to apply for admission of its shares to the standard listing segment of the Official List of the FCA and to trading on the Main Market of the London Stock Exchange. Rod McIllree, Director of More, commented: “More represents…
Lords Group acquires builders’ merchant AWLC Limited for £23.1mn
LONDON, UK: Lords Group Trading, a leading distributor of building materials in the UK, has acquired the business and assets of a leading local independent builders’ merchant, A.W. Lumb through the acquisition of the entire issued share capital of AWLC Limited for a total consideration of £23.1 million. The acquisition is in line with Lords’…