A US healthcare entrepreneur is set to take a large stake in Summit Therapeutics PLC (LON:SUMM) after agreeing to pump US$25mln into the antibiotics specialist. In a separate statement, Summit confirmed chief financial officer Erik Ostrowski is to step down from his role at the end of the month to pursue another opportunity.
Plexus Holdings PLC (LON:POS) is to acquire a 49% stake in precision engineering business Kincardine Manufacturing Services for £735,000.
Concepta PLC (LON:CPT) has successfully launched in the UK its myLotus testing product for women’s fertility. Feedback from early users and fertility bloggers has been very positive, Concepta said.
Circle Property PLC (LON:CRC) has reported an increase in pre-tax profits for the first half as its net asset value (NAV) was lifted by around 30%.
BlueJay Mining PLC (LON:JAY) has upgraded the resource for its Dundas Ilmenite project in Greenland.
OptiBiotix Health PLC (LON:OPTI) has appointed Fred Narbel as the new managing director of its prebiotics division; home to its SweetBiotix, OptiBiotic and microbiome modulating technology platforms.
Investment company Kazera Global PLC (LON:KZG) remains excited by the progress of African Tantalum (Aftan), in which it has a stake, and will continue to seek out other potential customers for Aftan.
Jubilee Metals Group PLC (LON:JLP) has begun the commissioning of fine chrome operations at its PlatCro and DCM projects in South Africa.
Physiomics PLC (LON:PYC) has extended its relationship with Merck KGaA by signing another lucrative contract with the multi-billion-dollar German firm.
Solo Oil Plc (LON:SOLO) managing director Dan Maling told investors he is confident that the Tanzania focused explorer will be fully funded for 2019’s planned activities. It comes as partner Aminex updated on the progress at the Ruvuma and Kiliwani North projects.
Custodian REIT PLC (LON:CREI) has purchased a Volkswagen car dealership in Loughborough which has been leased until 2038.
Anglo African Oil & Gas Plc (LON:AAOG) told investors that the TLP-103C well over the weekend encountered hydrocarbons in three targets.
88 Energy Ltd (LON:88E) is looking forward to the February spud of the Winx-1 exploration as today confirms that it has secured most permits for the project.
Specialty pharma group Alliance Pharma PLC (LON:APH) has appointed two new non-executive directors to its board.
Investment company Kazera Global PLC (LON:KZG) remains excited by the progress of African Tantalum, in which it has a stake.
Eurasia Mining PLC (LON:EUA) is to be granted an additional 71.1 sq km exploration licence at its West Kytlim open pit mine in the Ural Mountains, Russia.
Tshukudu Exploration, Metal Tiger LImited’s (LON:MTR) new joint venture in the Kalahari Copper Belt in Botswana has had all of its exploration licences renewed.
ECR Minerals PLC (LON:ECR) has raised £680,000, a sum sufficient for the junior to fund its exploration programme in Australia until the second quarter of 2020.
App monitoring platform operator appScatter Group PLC (LON:APPS) has agreed to buy digital security firm Abilott Limited for up to £2.245mln.
Savannah Resources PLC (LON:SAV) said drilling at the Grandao and Pinheiro deposits within its Mina do Barroso project in Portugal has returned a series of significant lithium intersections.
Avacta Group PLC (LON:AVCT) is hosting a science day in February, which will focus on the “rapidly changing nature of oncology treatment being brought about by immunotherapies”. r
Futura Medical PLC (LON:FUM) said it will host a research and development day on February 11 in London.
Affordable housing firm Walls & Futures REIT plc (LON:WAFR) achieved a slight increase in net asset value in the first half as it shrugged off Brexit uncertainty.
ImmuPharma PLC (LON: IMM) has appointed SPARK Advisory Partners Limited ("SPARK") as its nominated advisor with immediate effect.
Rainbow Rare Earths Limited (LON:RBW) has published a maiden JORC-compliant mineral resource for its Gakara rare earths project in Burundi, East Africa.
ITM Power Plc (LON:ITM) has revealed an expansion in Germany where its subsidiary has signed a lease on new larger premises to accommodate both business development staff and technical support personnel.
NQ Minerals Plc (AQSE: NQMI) has issued 318,000 new ordinary shares at a price of 15p per share, or £38,160, for working capital purposes.