Proactive news headlines: Supermarket Income REIT, Keywords Studios, Inspiration Healthcare

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

Proactive news headlines: Keywords Studios, Inspiration Healthcare, Bahamas Petroleum

Supermarket Income REIT (LON:SUPR) confirmed it is in discussions to acquire a portfolio of assets via a sale and leaseback transaction with a major grocery operator. The trust earlier reported that it received 100% of rents due in the June 2020 quarter renewal.

Keywords Studios PLC (LON:KWS) has acquired Coconut Lizard Limited, a company providing specialised video game development services, for up to £2mln.

Med-tech specialist Inspiration Healthcare Group PLC (LON:IHC) said it expects to see revenues “increase significantly” after a strong start to the year.

Bahamas Petroleum Company PLC (LON:BPC) told investors that it has completed the administrative formalities to set up its Bahamian mutual fund and is ready to start the drilling of the Perseverance #1 well between December and next February.

Iofina PLC (LON:IOF) said its IO#8 iodine extraction plant in the US is back on stream after the restart of supplies of source material brine, which comes from onshore oilfields.

Immotion Group PLC (LON:IMMO), the immersive virtual reality (VR) out-of-home entertainment business, said it was close to hitting break-even before the coronavirus pandemic hit.

Instem PLC (LON:INS), the clinical data specialist, is to raise £15.75mln through a placing at 435p alongside an additional secondary sale of £3mln worth of shares by certain directors.

Live Company Group PLC (LON:LVCG) said it has raised £400,000 in a share placing to help fund its planned build programme for 2020 and to “take advantage of post lockdown operating conditions”.

Zanaga Iron Ore Company Ltd (LON:ZIOC) told investors it has entered a subscription agreement with Shard Merchant Capital, under which some 21mln shares will be issued in up to three tranches.

Amur Minerals Corporation (LON:AMC) said it is expecting “some high value outputs” in 2020 after the mineral explorer reported narrowed losses in its 2019 financial year.

Sativa Group PLC (LON:SATI), the medicinal cannabis group, has welcomed the clarity of the regulatory framework concerning the use of cannabidiol (CBD) products in food.

PowerHouse Energy Group PLC (LON:PHE) said a shareholder proxy vote will take place July 14 to decide whether to allow the company to issue the 1,437,440,277 shares to acquire Waste2Tricity Limited, a specialist solutions provider to the energy-from-waste sector. Chairman William Davies has sent a letter to shareholders that includes the background to and reasons for the acquisition, a copy of which will be available on the company's website, www.powerhouseenergy.net.

Shield Therapeutics PLC (LON:STX) has brought co-founder Dr Christian Schweiger back onto the board as a non-executive director, with immediate effect. 

FastForward Innovations Ltd (LON:FFWD) is proposing a more balanced approach to its investment policy in regard to the maturity of the companies invested in, which it said will "provide greater flexibility and the ability to generate shorter term returns for shareholders". This will be one of the issues up for approval at the company's annual shareholder meeting, as well as whether the board can issue up to 100% of the current issued share capital.

SkinBioTherapeutics PLC (LON:SBTX) has appointed Cenkos Securities as its Nominated Adviser and sole broker.

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