Small caps round-up: Shed Media, Sutton Harbour, Intelek........
7th Apr 2010 16:16
TV programme producer Shed Media reported flat underlying profits of £12m in 2009. This does not include £409,000 of restructuring costs related to board changes and a failed management buyout. This cost figure also includes launch costs for Shed Media US. Selling formats and the back catalogue stil
Read moreCrystal Amber rejects Delta bid
22nd Mar 2010 17:20
Activist investor Crystal Amber Fund says that it does not intend to accept the 185p a share recommended cash bid for Delta unless the bid goes wholly unconditional. AIM-quoted Crystal Amber has asked Delta to send a copy of a letter to its shareholders. The letter outlines why it believes that th
Read moreCrystal buys more of Sutton Harbour
1st Mar 2010 16:51
Activist investor Crystal Amber Fund appears to have bought the Universities Superannuation Scheme Ltd stake in AIM-quoted Sutton Harbour. Crystal Amber has acquired the exact number of shares that the Universities Superannuation Scheme has previously been said to own. That takes its stake in the p
Read moreCrystal Amber takes Sutton Harbour stake
1st Mar 2010 12:54
Activist investor Crystal Amber Fund has increased its stake in AIM-quoted Sutton Harbour to 5.08%. AIM-quoted Crystal Amber bought exactly 2.1m shares in the port operator, property developer and airline company on 25 February. Standard Life sold its stake of just over 2.1m shares on the same day
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