Proactive news snapshot: Synnovia, EQTEC, Supermarket Income Reit

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

Proactive news snapshot Tuesday 3 September

Synnovia PLC (LON:SYN) is being taken private in a deal that values the company at £48.8mln. A fund advised by California-based Camelot Capital is offering 125p a share, a 43% premium to Friday’s closing price.

EQTEC PLC (LON:EQT) shares surged on Tuesday after the signed a sale and services contract with North Fork Community Project (NFCP), a biomass gasification scheme in California.

Supermarket Income Reit PLC (LON:SUPR) collected rent of almost £20mln from its seven stores last year as it once again outperformed its peers with 8.0% total shareholder return.

Belvoir Group PLC (LON:BLV) reported a jump in profits for the first half of the year as its three business lines continued to outperform their respective markets.

Live Company Group PLC (LON:LVCG) has signed an agreement to produce a tour themed around the animated film The Snowman and The Snowdog.

Echo Energy PLC (LON:ECHO) continues to make preparations for its upcoming exploration drill programme at the Tapi Aike project in Argentina.

It’s all change at Rose Petroleum PLC (LON:ROSE) after a series of moves designed to create a “well-balanced, diversified and experienced board”. Chairman Colin Harrington is moving to become chief executive, while independent director Rick Grant, appointed at the end of June, will step into Harrington’s role, but in a non-executive capacity.

Drill results from the joint venture partners working on the Lagoa Salgada zinc and base metals project in Portugal by Mineral & Financial Investments Ltd (LON:MAFL) and Ascendant Resources Ltd (TSE:ASND) returned grades of 1.33% copper equivalent over a chunky 201 metres. The location of this intercept is critical, because it lies between separate areas of known mineralisation.

Providence Resources PLC (LON:PVR) has told investors it expects the Barryroe well site survey to start this week.

Argo Blockchain PLC (LON:ARB) has decided to end discussions over a proposed partnership with Canadian blockchain infrastructure group Hive Blockchain Infrastructure Ltd (CVE:HIVE).

Oncimmune Holdings PLC (LON:ONC) said that the results of its clinical study on the early detection of cancer of the lung will be presented at the 2019 IASLC in Barcelona, which begins on Saturday, and included in a press briefing and then published in a specialist oncology journal.

Tlou Energy Ltd (LON:TLOU) managing director Anthony Gilby has purchased A$25,214 of shares in the company at a price of approximately A$0.088 apiece.

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