Archived articleThis is an archived article from 2020 - please note that any content within the article may be out of date.
The Early Morning News - Monday 28 September 2020
Good morning! Below covers todays regulatory and potentially price-sensitive announcements.
| Company | Announcement |
|---|---|
| £302500m - Diageo (LON:DGE) - Household (Drinks) | Diageo issues trading commentary ahead of AGM 2020 - "We have made a good start to fiscal 21, with sequential improvement in our performance across all regions, driven by strong execution, robust demand in the off-trade channel and the gradual re-opening of the on-trade channel in most markets. |
| £16790m - Imperial Brands (LON:IMB) - Household (Consumable) | Update sale of Worldwide Premium Cigar Businesses - agreed the sale of its worldwide premium cigar businesses ("Premium Cigars") for a total consideration of €1,225 million, of which net cash proceeds of €1.1 billion will be used to reduce debt. |
| £1370m - BioPharma Credit (LON:BPCR) - Financial (Investments) | STATEMENT REGARDING SAREPTA THERAPEUTICS - |
| £1120m - Serabi Gold (LON:SRB) - Materials (Metals - Mining) | COEMA approves issue of Preliminary Licence for Coringa - is pleased to advise that at a meeting held on Friday 25 September 2020, the State Environmental Council of Para ("COEMA") approved the issue of the Licencia Previa ("Preliminary Licence or "LP") for the Coringa gold project ("Coringa"). |
| £950m - Ceres Power Holdings (LON:CWR) - Utilities (Renewable Energy) | Interim Results for 12 months ended 30 June 2020 - Despite the challenging business environment, we continue to deliver top line growth with revenue and other operating income up 21% to £19.9m (2019: £16.4m) reflecting strong progress in major contracts and delivering sector leading gross margins of 73% supp |
| £420m - Avacta (LON:AVCT) - Healthcare (Research) | Interim Results for the Period Ended 30 June 2020 - is pleased to announce its unaudited interim results for the six-month period ended 30 June 2020. We expect it to be a very exciting and genuinely
transformational year ahead for Avacta, as we work with our partners to
progress through each of the necessary stages to deliver on all of these
opportunities. |
| £400m - Chesnara (LON:CSN) - Financial (Insurance) | Half-year Report - Scildon has reported a 37% improvement in commercial new business profit over the corresponding period in 2019 |
| £310m - Numis (LON:NUM) - Financial (Investments) | Trading Update - Numis has delivered a strong second half performance with revenues significantly higher than the first half. Overall, revenues for the full year are expected to be in excess of £150m (FY19: £111.6m), with profits materially higher than the prior year (FY19 PBT: £12.4m) given the operational gearing in the business. |
| £270m - Frp Advisory (LON:FRP) - Industrial (Services) | Acquisition of Abbott Fielding Limited - is pleased to announce the acquisition of the business and assets of Abbott Fielding Limited, a business recovery practice based in Sidcup, Kent. |
| £270m - £SO4 - | Final Results - |
| £200m - Reach (LON:RCH) - Household (Media & Publishing) | Half-yearly Financial Report - H1 Revenue of £290.8m, down 17.5%, reflecting the impact of COVID-19 on all revenue categories. |
| £140m - Yourgene Health (LON:YGEN) - Healthcare (Research) | Launch of Yourgene Genomic Services - Yourgene Genomic Services becomes a global laboratory service network equipped to be a full life-cycle partner for clinical, research and pharmaceutical organisations. |
| £120m - BMO Real Estate Investments (LON:BREI) - Financial (Real Estate) | Annual Report - · Portfolio ungeared total return* of -0.6 per cent for the year |
| £120m - Gulf Investment Fund (LON:GIF) - Financial (Investments) | Annual Financial Report - · Net asset value down 8.7% vs benchmark fall of 17.2%. |
| £110m - Open Orphan (LON:ORPH) - Healthcare (Research) | New £4.3m Challenge Study Contract Win - Our stated objectives when we acquired hVIVO in January of this year was to increase its 24-bedroom quarantine clinic annual utilisation from its traditional 20-25% utilisation up to maximum capacity and to build out a clear pipeline of signed contracts going forward. With this contract, we are close to having the hVIVO quarantine clinic block booked with our conventional challenge studies until December 2021. Within a month or two we are likely to have our quarantine clinic block booked out for the next 18 months to two years with conventional challenge study contracts. |
| £100m - Instem (LON:INS) - Technology (Services - Software) | Half-year Report - Research from Pharma Intelligence highlighted that the number of drugs in the global pharmaceutical R&D pipeline grew almost 10% year-on-year to an all-time high, providing a strong foundation for the Company to build on the momentum it has already achieved.The number of drugs in the preclinical (non-clinical) phase of development, where much of Instem's business arises, grew particularly strongly (over 13% through March 2020) creating strong study demand for the non-clinical contract research organisations |
| £90m - Angle (LON:AGL) - Healthcare (Supplies - Equipment) | ANGLE announces completion of FDA submission - The current National Cancer Guidelines in the United States for the treatment of MBC patients require a tissue biopsy of the metastatic site to support clinical decision-making. Despite being in the Guidelines, only around 50% of MBC patients receive a successful biopsy as a result of patients being too sick for the invasive procedure, the inaccessibility of the metastatic site or insufficient tissue being available. |
| £90m - ICG Longbow Senior Secured UK Property Debt Investments (LON:LBOW) - Financial (Investments) | Half-year Report - · Profit after tax for the six month period to 31 July 2020 increased by 37% on prior year. |
| £90m - Bahamas Petroleum (LON:BPC) - Utilities (Energy) | Interim Results for Six Months to 30 June 2020 - |
| £80m - Life Settlement Assets (LON:LSAA) - Financial (Investments) | Half-year Report - The NAV of Class A decreased by 4.9% and the NAV of class Class B decreased by 7.4% over the period both reflecting a lower than anticipated level of maturities. |
| £80m - Ashoka India Equity Investment Trust (LON:AIE) - Financial (Investments) | Annual Financial Report - The NAV total return fell by 4.3% during the year under review against a fall of 16.0% by the MSCI India IMI Index, the Company's benchmark. |
| £80m - Caribbean Investment Holdings (LON:CIHL) - Financial (Banking) | Final Results - The Company and its subsidiaries (the "Group") produced a net income before tax of $13.5 million in fiscal 2020 which represents an 8% decrease from prior year's results due largely to an $11.2 million increase in credit impairment charges reflecting management's estimation of an increase in credit losses as a result of the adverse impact of the COVID-19 pandemic on the global economy. |
| £70m - E-Therapeutics (LON:ETX) - Healthcare (Research) | Expansion of Scientific Advisory Board - today announces the expansion of its Scientific Advisory Board (SAB) with the appointment of Dr Bill Harte and Professor John Mattick. |
| £70m - Surface Transforms (LON:SCE) - Household (Personal Transport) | Half-year results for 6 months ended 30 June 2020 - Gross profit increased to £590k (H1-2019: £343k) and gross margin was 65.4% (H1-2019: 58.8%). |
| £50m - Fulham Shore (LON:FUL) - Household (Entertainment) | Trading update and extension of results deadline - the Company expects to report revenue growth of 7.2% to £68.6 million (2019: £64.0 million). |
| £40m - OptiBiotix Health (LON:OPTI) - Healthcare (Research) | Exclusive distribution agreement - |
| £40m - GetBusy (LON:GETB) - Technology (Services - Software) | Trading update and completion of loan facility - SmartVault's annual contract value from new customers remains around 40% ahead of last year. We have started the investments announced in July in SmartVault product capabilities and growth to drive sustained increase in shareholder value over the coming years. |
| £30m - EQTEC (LON:EQT) - Utilities (Renewable Energy) | Interim Results - · North Fork Community Power ("NFCP") in USA: Financial close on NFCP project in California, USA, including sale of equipment and engineering and design services worth €2.2 million, concurrent with the acquisition of a 19.99% interest in NFCP by the Company. |
| £30m - Eddie Stobart Logistics (LON:ESL) - Transport (Freight - Logistics) | Interim Results for six months ended 31 May 2020 - Eddie Stobart Logistics plc, the AIM-quoted cash shell which holds a 49% equity interest in the trading entities of Eddie Stobart, a leading UK end-to-end supply chain, transport and logistics group announces its unaudited interim results for the six months ended 31 May 20201.· |
| £30m - Savannah Resources (LON:SAV) - Materials (Metals - Mining) | Interim Results update - |
| £20m - Smartspace Software (LON:SMRT) - Technology (Services - Software) | Notification of Final Results & IMC Presentation - |
| £20m - Brand Architekts (LON:BAR) - Household (Goods and Services) | Final Results - · Revenues for the 52 weeks of £16.3m (excluding sales from discontinued operations), a decline of 17% on the prior year.· UK sales declined by 16%, driven by low consumer confidence and pressure within the retail environment, and the impact of store closures as a result of the outbreak of COVID-19. International sales declined by 24% following the heavy impact of currency devaluation in Turkey, the effect of increased tariffs on cosmetic goods shipped from China to USA and the impact of COVID-19 across several of our markets. |
| £20m - Bluebird Merchant Ventures (LON:BMV) - Materials (Metals - Mining) | Funding Update - |
| £10m - Lekoil (LON:LEK) - Utilities (Energy) | Interims Reporting Timeline and Optimum Payment - |
| £10m - BigDish (LON:DISH) - Technology (Services - Software) | Further re Funding Update - |
| £0m - Concepta (LON:CPT) - Healthcare (Supplies - Equipment) | Half-year Report - In January we announced that we had already achieved a 30% cost reduction in our operating overheads and by outsourcing our manufacturing to Abingdon Health we were able to halve our facilities outgoing, setting aside transfer costs. Similarly, we were able to lock in a 50% reduction in Head Office overheads by closing our Bedfordshire office and relocating our Head Office function to Cardiff. |
| £0m - Mercantile Ports & Logistics (LON:MPL) - Transport (Infrastructure) | Final Results - |
| £0m - Norman Broadbent (LON:NBB) - Industrial (Services) | Interim Results - "I am pleased to report that the first six months of 2020 showed positive EBITDA, and, despite Covid-19, we saw only a minimal decline in NFI of 5.7%. |
| £0m - Anglesey Mining (LON:AYM) - Materials (Metals - Mining) | Final Results - |
| £0m - Arkle Resources (LON:ARK) - Materials (Metals - Mining) | Interim Statement ended 30 June 2020 - |
| £0m - Hermes Pacific Investments (LON:HPAC) - Financial (Investments) | Final Results - During the year, the Company had no revenues as it does not have any operating business and the Company made a loss of £94,000, which is lower than the loss of £107,000 reported for the previous financial year. We continue our focus to minimise our costs whilst we are looking for opportunities to deploy our cash. At the financial year end the Company had net assets of £3,609,000. |
| £0m - Origo Partners (LON:OPP) - Financial (Investments) | Half-year Report - |
| £0m - Tata Steel (LON:TTST) - Materials (Metals - Mining) | Acquisition - |
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3 comments
Unbelievable! I have no idea how you do it HollandSmith, but I'm not alone in very much appreciating it.
Serabi Gold (LON:SRB)
the Brazilian-focused gold mining and development company is pleased to advise that at a meeting held on Friday 25 September 2020, the State Environmental Council of Para (“COEMA”) approved the issue of the Licencia Previa (“Preliminary Licence or “LP”)
for the Coringa gold project (“Coringa”).
If this project goes through this will double production.
DYOR
BSV
Good Morning! Really looking at the read count today as last week is showing as 600+ reads. Let’s try and get over 1000 so Stockopedia notes this is something worth doing! Hope you agree!