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.
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.
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.