Carclo CEO cuts stake by a third
12th Jul 2012 16:33
Ian Williamson, the Chief Executive of Carclo, a plastics business, has offloaded 230,000 shares, around a third of his total stake in the company. Williamson, who is set to retire after 18 years in the role, will pocket just short of a cool million from the transaction, which saw him sell the sha
Read moreIgas Energy begins farm-in process
18th Jun 2012 11:42
AIM-quoted coal bed methane (CBM) gas producer IGas Energy has begun a formal process to find a farm-in partner for the Bowland Shale prospect in Cheshire in a bid to accelerate the development of what is a potentially significant resource base. The company's Ince Marshes well has previously demo
Read moreThursday tips round-up: Tesco, Fresnillo, IGas
19th Apr 2012 06:55
In the Telegraph, the Questor column takes on the big daddy of the retailing sector, Tesco, which released results yesterday roughly in line with expectations. The problem is, those expectations followed a profits warning in January. Questor likes the turnaround plan of Chief Executive Philip Clarke
Read moreNon-exec Allwood changes Carphone number to 10000
24th Nov 2011 18:54
John Allwood, non-executive director of mobile phones seller Carphone Warehouse has rounded up his holding in the company to 10,000 shares. Allwood bought 6,500 shares at 303.9p each, at a cost of just under £20,000, as the shares hit a new 52-week low on Thursday. The company's share price has be
Read moreIGas buys UK oil and gas firm for £110m
19th Sep 2011 07:53
AIM-quoted coal bed methane (CBM) gas producer IGas Energy is to acquire Petronas's Star Energy Group for £110m in a "transformational deal". "This is a transformational deal for IGas Energy. With this acquisition we will be creating a substantial onshore oil and gas company in the UK. The enlarge
Read moreIgas Energy accelerates move towards CBM production
23rd May 2011 17:13
The producer and marketer of primarily domestic coal bed methane sourced gas, IGas, has today published its results for the year ended on the past 31st of December 2010. For said period the company has informed investors of a slight decrease in its revenues, to £656,000, versus last year´s £828,00
Read moreIGas raises £20.6m
11th Feb 2011 14:54
Coal bed methane gas producer IGas Energy has raised £20.6m from a share placing at 75p a share in order to finance additional drilling following the acquisition of Nexen Exploration UK IGas jointly owns 11 UK exploration licences with Nexen Exploration and its purchase will more than double the g
Read moreSmall caps round-up Watford Leisure, Igas, S&U
11th Feb 2011 09:47
The identity of possible buyers of Watford Leisure, the company behind the football club Watford FC, has been revealed. Thomas Panagiotis and Laurence Bassini issued a statement this morning saying they are considering making an offer for the group. Shares in Igas Energy cooled after the company a
Read moreSmall caps round-up: Aukett Fitzroy, IGas, North River
2nd Feb 2011 11:21
Architect and interior designer Aukett Fitzroy Robinson has more than halved its full-year loss to £789,000, a performance it calls "creditable" given the negative environment. "Although we see encouraging signs of recovery in some areas of our markets we remain of the view that it will be 2012 at
Read moreSmall caps round-up: Air Partner, Gemfields, Regenersis...
31st Jan 2011 11:24
Aviation group Air Partner says that trading has remained positive in the six months to date and the interim results are likely to be ahead of expectations, partly attributable to the strong performance in its commercial jet broking division. While the group says it is well positioned to increase p
Read moreIGas improves production by 40%
19th Oct 2010 16:45
IGas Energy has announced that it has increased average gas production at its Doe Green site in Cheshire by around 40%. The increase was achieved following the implementation of measures to improve the "de-watering process" at one of the site's wells. The group has been steadily producing gas and
Read moreIgas Energy Starts Drilling Operations At Keele University
14th Jun 2010 07:51
LONDON (Dow Jones)--IGas Energy PLC (IGAS.LN), a domestic gas producer and a developer of unconventional gas resources in the U.K., announced Monday that it has commenced drilling operations at Keele University Science Park in North Staffordshire. MAIN FACTS: -The well was spudded on Jun. 11
Read moreSmall caps round-up: Global Brands, Japan Leisure, Plethora...
5th May 2010 12:52
Shares in Global Brands charged forward as the Domino's Pizza franchise holder in Switzerland reported strong trading in 2010 to follow a good end to 2009. Global says January sales increased 7.4% on January 2009, February sales increased 11.2%, March sales increased 14.5% and April sales increased
Read moreIGas ups resource estimate
26th Jan 2010 08:24
Recent changes in equity holdings in its assets have boosted IGas Energy’s mid-case net contingent recoverable resources by 41%. The domestic gas producer and coal bed methane developer said consulting firm DeGolyer and MacNaughton has upped the resources attributed to IGas from 571 billion cubic
Read moreSmall caps round-up: Lombard Risk, Zirax, KBC...
13th Jan 2010 09:55
Shares in Lombard Risk Management jumped after the trading software company said it had won its sixth contract in two months. It did not name the client but said the contracts would have a total value of more than £500,000 in the first year. Shares in Zirax fell sharply after the speciality chemic
Read more