GB Group To Move To AIM From Main Market; Eyeing Acquisitions
5th Jul 2010 07:59
LONDON (Dow Jones)--U.K. identity verification and maintenance company GB Group PLC (GBG.LN) Monday said it plans to move to London's junior Alternative Investment Market from the main market, saying the move would give it more flexibility to make acquisitions. GB said this would also lead to lo
Read moreGB Group Gets UK Government Energy Data Contract
11th Jun 2010 07:10
LONDON (Dow Jones)--GB Group PLC (GBG.LN), an Identity Management business, said Friday it has been awarded a contract by the Department of Energy and Climate Change (DECC) to match a number of different data sets to associate energy consumption and property characteristics of domestic and non-domes
Read moreTuesday tips round-up: Pace, Alliance Trust, Acal
20th Apr 2010 06:34
The concerns over set top box maker Pace are that its market will become steadily commoditised, subscribers will increasingly abandon pay-TV for free internet-based alternatives or that its industry's economics will be turned on its head by the likes of Apple, which, having tackled music, mobile tel
Read moreTechMark movers: GB Group profit upgrade
19th Apr 2010 14:56
Shares in GB Group were the best performers in TechMARK after the identification services provider said that its full year profits will be better than expected. Underlying profits for the year to March 2010 are expected to fall from £1.8m to £1.3m, but this is still much better than the £800,000 p
Read moreSector movers: Software stocks in demand
19th Apr 2010 13:16
GB Group is among the stocks lifting software and computer services stocks higher on a busy day for the sector. The identity management business said it expects to report profits significantly better than the revised market expectations despite difficult market conditions. Profit before interest,
Read moreGB Group eyes better than expected profit
19th Apr 2010 08:52
Identity management business GB Group said it expects to report profits significantly better than the revised market expectations despite difficult market conditions. Profit before interest, tax and share-based payments for the year ended 31 March 2010 is expected to be approximately £1.2m, unchang
Read moreSmall caps round up: Mirada, Turbotec, GBG ...
15th Mar 2010 12:22
Shares in Mirada jumped after the audio-visual interaction specialist said it had won a research and development contract with an unnamed European telecommunications operator. Heat exchanger manufacturer Turbotec is to expand its manufacturing activities in Hickory, North Carolina as it relocates i
Read moreTechMARK movers: Ark slumps on drug rejection
18th Dec 2009 14:54
It has been a long time since a TechMARK company has fallen as sharply in one day as Ark Therapeutics. European regulator EMEA has rejected the drug developer's brain cancer treatment Cerepro. This is the second time that Cerepro has been rejected by the regulator, which previously had concerns ab
Read moreSmall caps round-up: Aberdeen New Thai, GB Group, Newmark Security...
18th Dec 2009 14:44
Aberdeen New Thai, the Thailand focused investment trust, said its net asset value (NAV) per share at the end of November was 192.2p, up from 181.85p at the end of August. Sky Betting and Gaming (SB&G), part of pay TV broadcaster BSkyB has renewed its exclusive agreement with identity management s
Read moreOsmond increases Pearl stake
10th Dec 2009 16:35
Pearl Group director Hugh Osmond has invested nearly £119,000 on buying 13,550 shares. Specialist closed fund operator Pearl gained a secondary listing on the Main Market of the London Stock Exchange on 17 November. No new shares were issued but Pearl hopes to attract additional institutional invest
Read moreTechMARK movers: Director buying helps GB share recovery
10th Dec 2009 15:40
Director share buying is helping to push up the share price of identification services provider GBG Group. The shares have recovered from a low of 17.25p each following disappointing interim figures because the DataAuthentication division has been hit by lower volumes from two major clients. Non-e
Read moreLondon Stock Exchange chairman buys despite technical glitch
26th Nov 2009 16:38
London Stock Exchange chairman Chris Gibson-Smith decided to add to his stake on the day that the London Stock Exchange's trading facilities were unavailable for more than three hours. He spent just under £100,000 on shares at 769.85p a share. That takes his stake in the London Stock Exchange to 63,
Read moreTechMARK movers: Directors buy GB
26th Nov 2009 15:33
Identification services provider GBG Group has switched from worst performer yesterday to best performer today. The share price recovery is on the back of directors buying shares. Chief executive Richard Law acquired 152,450 shares, the boss of the DataSolutions business Nick Brown bought 203,250
Read moreLondon close: Footsie at one-week high
25th Nov 2009 16:06
Welcome results from Compass and investors' insatiable appetite for mining stocks helped London's blue chip index finish the session near the top of the day's range. A small improvement to the third quarter gross domestic product figure brought some relief. The Office of National Statistics said th
Read moreTechMARK movers: Panmure switches Fidessa to buy
25th Nov 2009 15:20
Financial software supplier Fidessa was boosted by broker Panmure Gordon upgrading from hold to buy following recent share price weakness. The share price target is 1176p. The broker points to new contract wins in Latin America and the US plus Fidessa's strong market position as reasons to be posi
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