ITM Power plc (LON:ITM) is to launch the first emission free hydrogen bus route in France through a consortium with SMT-PPP, Engie and Van Hool. The GNVERT -Van Hool consortium has signed a contract to deliver the eco-friendly bus route between the hospital and railway station in the southwestern French city of Pau within two years.
Separately, ITM announced a joint venture with Royal Dutch Shell PLC (LON:RDSA) to install a 10 megawatt electrolyser to produce hydrogen at the Wesseling refinery site within the Rheinland Refinery Complex in Germany. It will be the largest unit of its kind in Germany and the world's largest PEM electrolyser
eg solutions PLC (LON:EGS), a specialist in back-office optimisation, has signed a five-year contract worth a minimum of £8.12mln, including £1.4mln of incremental revenue. The unnamed customer is described as a leading provider of business process management.
Advanced materials specialist Haydale Graphene Industries PLC (LON:HAYD) said its US subsidiary has landed a US$4.58mln, three-year contract with Tateho Chemical Industries Co of Japan.
Techfinancials PLC (LON:TECH) expects the online trading software business to remain challenging over the remainder of 2017 due to the number of regulatory reviews underway across the industry. Marketing of binary options, Forex and CFD trading is under close scrutiny in a number of countries, which is making for a very uncertain environment for platform developers such as Techfinancials.
Cancer treatment pioneer Nanobiotix (EPA:NANO) made good progress in the first half of 2017, Philippe Mauberna, chief financial officer said today. The Paris-based company is developing the use of a combination of nanoparticles/radiotherapy to treat a range of cancers.
Horizon Discovery Group PLC (LON:HZD) has completed the acquisition of GE healthcare business Dharmacon. The US$85mln deal was announced in July and funded through cash and shares and an accompanying £80mln placing.
Eland Oil & Gas PLC (LON:ELA) marked a new milestone at the Opuama field, which produced 1mln barrels in the past three months, and told investors that a rig has now been mobilised for an upcoming programme. The Nigeria-focussed oiler is planning to drill a side-track from the Opuama-7 well, with work due to get underway in mid-September. Production from the well is expected to follow in October.
Savannah Petroleum PLC (LON:SAVP) told investors it is still working on the proposed reverse takeover of Seven Energy International’s Nigeria assets. The company’s shares remain suspended until either the deal proceeds or the discussions cease, it noted.
China Nonferrous Gold Limited (LON:CNG) announced that it has appointed Yu Lixian as its new managing director and Hao Zhang as finance director with immediate effect. Yu is also senior engineer for the company’s largest shareholder, China Nonferrous Metals Int’l Mining Co (CNMIM), while Zhang is CNMIM’s chief accountant.
Metal Tiger PLC (LON:MTR) said its copper and silver project in Botswana has continued to outperform its expectations as it agreed an exploration budget with joint venture partner MOD Resources.
Rose Petroleum PLC (LON:ROSE) is to seek shareholder approval for a proposed disposal of its mineral processing mill operation in San Dieguito de Arriba, Mexico, as well as the authority for a potential equity fund-raising and a 100-for-1 share capital consolidation.
Obtala Limited (LON:OBT) said a delay to the receipt of funds through a subscription agreement with Chinese timber trading company Jiangsu Dolphin International Trading Co Ltd (JDIT) has not hampered its expansion plans in the second half.
Cadence Minerals Plc (LON:KDNC) has told investors that Hastings Technology Metals Ltd - its joint venture partner in the Yangibana Neodymium Project in Western Australia – has signed a second Memorandum of Understanding (MOU) for an off-take deal with China Rare Earth Holdings Limited (CREH).
Keywords Studios PC (LON:KWS), the international technical services provider to the global video games industry, has announced the appointments of Georges Fornay and Charlotta Ginman as non-executive directors with effect from 1 September 2017.
ReNeuron Group Plc (LON:RENE), the UK-based global leader in the development of cell-based therapeutics, has announced the appointment of Dr Claudia D'Augusta as a non-executive director with effect from the date of the company's Annual General Meeting on 6 September 2017. She will also chair the Company's Audit Committee.
Braveheart Investment Group PLC (LON:BRH), the fund management and strategic investor group, has announced that Andrew Burton, an executive director of the group and managing director of Viking Fund Managers Limited today retired from the company’s board.
European Wealth Group Limited (LON:EWG) (LON:EWGL), the integrated wealth management group, said it has been informed that its former group CEO, Rod Gentry – is currently beneficially interested in a total of 4,137,750 ordinary shares, representing 4.16% of the company.