Action Hotels PLC (LON:AHCG) looks set to go private with two existing directors backing a group that has made an indicative cash offer 50% above last night's closing share price.
Diversified Gas & Oil plc (LON:DGOC) shares soared 30% higher on Friday as trading in the stock resumed after news it has raised US$250mln via an oversubscribed placing priced at 97p per share to part fund the recently announced US$575mln acquisition of additional assets in the Appalachian Basin.
Anglo Asian Mining Plc (LON: AAZ) has said that 2017 was a year of delivery for the company as it has implemented a wide-ranging optimisation and expansion strategy to provide long-term sustainable production growth at Gedabek contract area.
AppScatter Group PLC’s (LON:APPS) chairman Clive Carver will chart the progress made by the app monitoring service over the past year at its annual general meeting later today The AIM-quoted firm also confirmed that finance director Manish Kotecha has stepped down to pursue other business interests.
Highlands Natural Resources Plc (LON:HNR) has reported high nitrogen purity levels from tests at its Barret 1-14B well in Kansas. The AIM-listed oil and gas producer said flow tests had indicated initial nitrogen purity levels of over 99.59%, above purity levels for nitrogen used as a preserving agent by food and beverage companies and could therefore be used by this industry immediately.
Kibo Mining PLC (LON:KIBO) has issued a rebuke to press speculation around the status of its negotiations with the Tanzania Electric Supply Company (TANESCO) over the development of the Mbeya Coal to Power Project.
Strat Aero PLC (LON:AERO) has announced that strong new business prospects at Geocurve Limited and Gyrometric Systems Limited allow the board to look forward to the future with optimism.
A new basin modelling study commissioned by Sound Energy PLC (LON:SOU) has suggested the possibility of a “potentially significant oil play” at its Anoual permit area in eastern Morocco.
Bushveld Minerals Limited (LON:BMN) has announced that 2017 was a transformational year, which saw the company ‘significantly progress’ the development of each of its platforms.
ECR Minerals PLC (LON:ECR) reported a narrowed loss in its half-year results as it turned its focus squarely on projects in the Australian state of Victoria.
Ariana Resources plc (LON:AAU), the exploration and development company operating in Turkey, has said it continues to expect its gold production figures for the full year “to be in line with expectations.”
Itaconix Plc (LON:ITX) has had trading its shares suspended on AIM with immediate effect, pending clarification of its financial position, as it has, as previously announced, a requirement for further funding. In a brief statement, the speciality polymers maker said: “Whilst the Company has been, and continues to explore all funding and other options, there is no guarantee that a fund raise will be successfully concluded.”
European Wealth Group Limited (LON:EWG) saw a 13% increase in assets under management (AUM) in 2017 to £1.7bn.
Latin America-focused junior oiler Echo Energy Plc (LON:ECHO) has appointed Martin Hull as its new chief financial officer.
Amphion Innovations Plc (LON:AMP), the developer of medical, life science, and technology businesses, announced the appointment of Philip Tansey as a non-executive director of the company, effective immediately.
VR Education Holdings Plc (LON:VRE) reported strong growth in the top-line in its first set of full-year results as a listed company.
SDX Energy Inc. (LONLSDX) (TSXV:SDX), the Egypt focused oil and gas company, has appointed Timothy Linacre as an independent non-executive director with immediate effect. The group said Linacre will become chairman of its Audit committee and join the Compensation Committee.
Tekcapital PLC (LON:TEK), the UK intellectual property (IP) investment group focused on creating marketplace value from university technology, announced that finnCap Limited has been appointed as its nominated adviser and joint broker with immediate effect.
Real Good Food PLC (LON:RGD) said yesterday that, following negotiations its three major shareholders have agreed to extend the final repayment dates of each of their funding agreements to 30 June 2020 with no change to the interest rate payable by the company.
Keywords Studios PLC (LON:KWS), technical services provider to the global video games industry, has changed its registered office to ONE Advisory Group Limited at 201 Temple Chambers, 3-7 Temple Avenue, London, with immediate effect, and appointed Liam O'Donoghue of ONE Advisory Group as company secretary.