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The Markets
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The Markets
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Proactive UK has moved.
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Proactive news snapshot: Greencoat UK Wind, AfriTin Mining, Real Good Food...

A glance at some of the day's highlights from the Proactive Investors newswire

AfriTin Mining Limited (LON:ATM) said it is expecting maiden tin and tantalum concentrate production from its phase 1 pilot plant project at the Uis mine in Namibia in the second quarter of 2019 following additions to the plant.

Greencoat UK Wind PLC (LON:UKW) has agreed to acquire a stake in the Stronelairg and Dunmaglass wind farms from FTSE 100 utilities firm SSE PLC (LON:SSE).

Real Good Food PLC (LON:RGD) has sold off its Chantilly Patisserie to the premium bakery’s management team for £200,000 in cash. The sale means Real Good Food is now free to focus on its two profitable businesses – cake decoration and ingredients.

Baker Steel Resources Trust LTD (LON:BSRT) has acquired a 0.75% gross revenue royalty on future coal production from the Wilton and Fairhill projects in Queensland, Australia. The consideration is A$6mln.

Technology group Telit Communications Plc (LON:TCM) said it has granted the Chinese buyer of its automotive division a short extension to complete the US$105mln deal.

Chaarat Gold PLC (LON:CGH) has impoved the terms for the US$40mln loan that will pay for the Kapan mine in Armenia. The acquisition has now been completed.

Wealth and investment management specialist Kingswood Holdings Limited (LON:KWG) said it is paying up to £3.3mln for an Oxfordshire-based financial advisory firm.

Cabot Energy plc (LON:CAB) updated on its financial position following a “managed, thorough and pragmatic review” of its outstanding and overdue trade creditors.

Providence Resources PLC (LON:PVR) told investors that a drill rig has been selected for an upcoming drill programme at the Barryroe oil field in the Celtic Sea, offshore Ireland.

United Oil & Gas Plc (LON:UOG) has given investors details from a new third party assessment of two of the company’s assets – the Crown oil discovery asset in the North Sea and the Waddock Cross field in the Wessex basin.

PowerHouse Energy Group plc (LON:PHE) has announced that chief executive Keith Allaun has resigned with immediate effect amid “extenuating personal circumstances”.

Primary Health Properties PLC (LON:PHP) said Investec Wealth & Investment has sold a 4.8% stake in the business as part of an irrevocable undertaking made after the primary care specialist agreed to merge with MedicX Fund (LON:MXF). Investec has also sold its 5.9% holding in MedicX Fund.

SigmaRoc PLC (LON:SRC) has issued 1,976,888 new ordinary shares of 1p each to satisfy a £750,000 deferred consideration for its deal to buy UK based concrete products supplier Poundfield Products (Group).

Plexus Holdings PLC (LON:POS) shareholders have approved a deal to buy back 4.95mln of its shares currently held by Russian-focused partner Gusar for £2.5mln of cash.

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