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Sirius Minerals reports strong support from shareholders in open offer

Sirius Minerals (LON:SXX) has received a strong show of support from its shareholders with 100% take up of the open offer that accompanied the recent placing. The York Potash project developer will receive around £33mln from the open offer.

WH Smith (LON:SMWH) chief executive Steve Clarke has decided to step down from the newsagent on a high note. Sales in the quarter to 18 May rose 15% with like-for-like sales up 1%. The current high street boss Carl Cowling takes over as CEO.

Tesco Bank has stopped new mortgage lending and will look to sell its portfolio of £3.7bn worth of loans.  The supermarket says there are better ways to use the capital.

Amryt Pharma (LON:AMYT) is to merge with Aegerion Pharmaceuticals to form a new global business specialising in rare diseases.  The merger re-unites the Lojuxta cholesterol treatment under one roof and creates a group with revenues of $136.5mln.

VR Education’s (LON:VRE) showcase virtual reality experience, Apollo 11 VR, has been selected by Facebook to be a title on today’s launch of the  Oculus Quest VR headset.

Itaconix (LON:ITX) has received its first purchase order from chemical group Nouryon to supply it with polymers under an exclusive global supply agreement for personal care applications.

 
Meet Rockfire Resources PLC, Touchstone Exploration Inc, Mkango Resources Ltd and Salt Lake Potash Ltd at our event, London , 20 June 2019. Register here »
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