Surface Transforms warns of significant revenue miss

Brake disc manufacturer Surface Transforms warned that its annual revenue would fall significantly short of market expectations following delays in the development of a production...

Tue, 14/12/2021 - 07:43


Chemring profit rises as higher margins offset FX headwind; hikes dividend

Defence company Chemring reported a rise in annual profit as improved margins offset a fall in revenue owing to a stronger pound.

For the...

Tue, 14/12/2021 - 07:41


Synectics wins contract from Northern Ireland's Wrightbus

Surveillance systems group Synectics said it had won a contract from Wrightbus, a Northern Ireland-based producer of low- and zero- emission vehicles.

The contract was...

Tue, 14/12/2021 - 07:39


Sureserve appoints Sameet Vohra as interim CFO

Compliance and energy services Sureserve said it had appointed Sameet Vohra as interim chief financial officer.

Vohra had held senior finance roles at companies including...

Tue, 14/12/2021 - 07:36


3i appoints Jasi Halai as COO

Private equity group 3i announced that it had appointed financial controller Jasi Halai as chief operating officer staring in May 2022.

Ms Halai joined...

Tue, 14/12/2021 - 07:34


Primary Health Properties acquires Lincolnshire medical centre for £6.8m

Healthcare facility investor Primary Health Properties said it had acquired the Parkside Medical Centre in Boston, Lincolnshire for £6.8 million.

The property was fully let...

Tue, 14/12/2021 - 07:33


Drax acquires Pacific BioEnergy pellet sales contract book

Power generation company Drax said its subsidiary Pinnacle Renewable Energy had agreed to acquire the pellet sales contract book of Pacific BioEnergy Corporation, adding 2.8Mt...

Tue, 14/12/2021 - 07:32


Rentokil Initial to acquire Terminix Global for $6.7bn in cash and shares

Pest control group Rentokil Initial said it had agreed to acquire rival Terminix Global for $6.7 billion in cash and shares.

Terminix investors would get...

Tue, 14/12/2021 - 07:31


Altice increases stake in BT, but not mulling takeover

Altice UK said it had increased its stake in the telecoms giant BT confirmed to 18% from 12.1%, but reiterated that it had not intention...

Tue, 14/12/2021 - 07:30


Polar Capital Technology Trust first-half NAV up 11.5%

Tech investor Polar Capital Technology Trust posted a positive first-half performance, modestly below its benchmark.

The company's net asset value per share for the six...

Tue, 14/12/2021 - 07:24


Pages