Investor Update: Jersey Oil and Gas awarded significant North Sea acreage

Top stories from the Proactive Investors UK newsroom.

Digital learning specialising Learning Technologies (LON:LTG)  says half year interim profits were ahead of expectations and more than doubled to £20mln. Directors are confident the full year result will also be materially ahead of current market forecasts.

Pembridge Resources (LON:PERE) has signed an off-take deal with the Canadian subsidiary of Japanese giant Sumitomo for 55,000 tonnes of copper concentrate from the Minto mine.  The deal includes an advanced payment to Pembridge.

Jersey Oil & Gas (LON:JOG) has been awarded three blocks in the North Sea that will add a net 105 million barrels to its reserves.

Metro Bank has confirmed talks are underway over the sale of a £500mln mortgage book. Reports this morning suggested US hedge fund Cerberus is the buyer.

Whitbread has completed a £2bn tender offer following the sale of Costa Coffee. The Premier Inn owner will buy around 40mln shares at a price of 4,972p, taking the amount returned to shareholders so far from the Costa sale up to £2.5bn. 

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...


Alpha Growth's BlackOak Alpha Growth Fund generates positive returns despite...

Alpha Growth PLC (LON:ALGW) (OTCQB: ALPGF) CEO Gobind Sahney tells Proactive the financial services specialist's BlackOak Alpha Growth Fund produced a 2020 calendar year return of 10.63% and a 13.71% total return since inception in September 2019. Sahney says given the challenges of 2020, its...

1 day, 12 hours ago

2 min read