Instem to raise £15.75m through discounted equity raise

IT solutions company Instem detailed plans to raise approximately £15.75m through the placing of shares at a discount to support potential acquisitions.

The company proposed...

Fri, 26/06/2020 - 09:56


Kazera Global take full ownership of Tantalite Valley mine after acquiring further 25% stake in African Tantalum

Investment company Kazera Global said it had increased its ownership in African Tantalum to 100% after acquired a further 25% stake in the company.

The...

Fri, 26/06/2020 - 09:52


Broker Forecast - JP Morgan Cazenove issues a broker note on Segro

JP Morgan Cazenove today reaffirms its neutral investment rating on Segro (LON:SGRO) and raised its price target to 880p (from 855p).

Broker Forecasts data provided...

Fri, 26/06/2020 - 09:50


Zanaga Iron Ore to issues shares in company to Shard Merchant Capital

Zanaga Iron Ore Company said it had agreed to sell shares in the company to Shard Merchant Capital in up to three separate tranches.

Up...

Fri, 26/06/2020 - 09:46


Broker Forecast - JP Morgan Cazenove issues a broker note on Sanne Group Plc

JP Morgan Cazenove today reaffirms its neutral investment rating on Sanne Group Plc (LON:SNN) and cut its price target to 650p (from 680p).

Broker Forecasts...

Fri, 26/06/2020 - 09:40


Distribution Finance Capital losses jump on higher interest expense, loan provisions

Niche lender Distribution Finance Capital reported that annual losses jumped as a higher interest expense and increased bad loan provisions offset a rise in revenue....

Fri, 26/06/2020 - 09:37


Broker Forecast - JP Morgan Cazenove issues a broker note on Reckitt Benckiser Group PLC

JP Morgan Cazenove today reaffirms its overweight investment rating on Reckitt Benckiser Group PLC (LON:RB.) and raised its price target to 8000p (from 7300p).

Broker...

Fri, 26/06/2020 - 09:30


Redcentric scraps dividend, raises capital after being hit with £11.4m mishap cost

IT services provider Redcentric scrapped its dividend and said it would raise capital to fund restitution costs of £11.4m related to accounting mistakes.

The costs...

Fri, 26/06/2020 - 09:29


Broker Forecast - JP Morgan Cazenove issues a broker note on Burberry Group PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Burberry Group PLC (LON:BRBY) and raised its price target to 1550p (from 1450p).

Broker Forecasts...

Fri, 26/06/2020 - 09:20


Randall & Quilter acquires captive insurer in Vermont

Insurance investor Randall & Quilter Investment said it had acquire a captive insurer domiciled in Vermont, for an undisclosed sum.

The acquired company, which was...

Fri, 26/06/2020 - 09:17


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