IT services provider Redcentric has seen its shares drop to 92.55p, a 7.45% decline from this morning’s opening price. Management said that results for the year ended 31st March were in line with expectations but issued a warning about the current financial year.
Specialist chemical manufacturer Synthomer has announced that it is under investigation as part of a wider European Commission anti-trust inquiry related to the purchase practices for Styrene monomer within the European Economic Area.
Satellite data specialist Avanti Communications has won its case against the Indonesian Ministry of Defence to recover sums payable for the lease of its ARTEMIS satellite.
Digital marketplace operator Autotrader reported a rise in revenues of 7% for the year ended 31st March, as the number of listings on its sites continued to tick up.
Retailer WH Smith saw group sales increase by 4% for the 13 weeks ended 2nd June relative to the same period last year, with most of the growth coming from Travel outlets.
FTSE 250 office space provider Workspace reported that profits before tax for the year ended 31st March were £170.4 million, almost double those in the previous year.
Morocco-focused upstream gas outfit Sound Energy has initiated the farm out process for its Sidi Moktar licence as it looks to fund development while retaining operatorship.
Shares in Royal Bank of Scotland dropped by 3.63% to 270.70p, as at 1130 BST, after the UK government announced it had sold a 7.7% stake in the bank for 271p a share.
Struggling retailer Mothercare (LON:MTC) has suffered another setback after its subsidiary Childrens World failed to reach an agreement with its creditors regarding the repayment of its corporate debts. Support for the remainder of Mothercare’s portfolio were approved by a clear margin. Get the latest from Master Investor directly in your inbox – Sign-up HERE for…
International packaging specialists DS Smith (LON:SMDS) has announced a proposed takeover of Europac, in what would be the company’s largest ever acquisition. The firm said that it had received undertakings from Europac shareholders owning more than 58% of outstanding shares to accept the offer, which values the takeover target at £1.65 billion. Get the latest…
