McGay reduces holding in Mongolian explorer
1st Mar 2010 16:21
Chief executive Douglas McGay's shareholding in Mongolian oil explorer Petro Matad has reduced by 1.8m shares. McGay has an interest in Investec Sino Corporation which sold 800,000 Petro Matad shares for 30p each, thereby raising £240,000. He has transferred his interest in Titoni Corporation, whi
Read moreCommunisis chairman buys
26th Feb 2010 16:49
Peter Hickson, the chairman of print management and data analysis services provider Communisis, is buying shares following yesterday's results. A downturn in spending on direct mail promotions hit Communisis in 2009 and it cut its final dividend from 1.635p a share to 0.43p a share. The total divid
Read moreSmall Caps round-up: Alternative Networks, Ascent Resources, Indian Film Company...
8th Dec 2009 16:08
Telecoms services provider Alternative Networks reported lower revenues and profits as its small business customers spent less. Revenues fell 4% to £89.7m. Cutting £1m from operating costs helped to reduce the effect on profits, although lower interest rates hit interest income. Underlying pre-tax
Read moreXstrata boss bags £8m profit on options
23rd Oct 2009 16:26
Xstrata chief executive Mick Davis has sold 1m shares in the mining giant. Davis acquired these shares by exercising options - 877,955 shares at 217.32p a share and 122,045 at 239.11p a share. The total cost of these shares was £2.2m and they were sold for a profit of nearly £8m. Davis retains 1.3
Read moreSmall caps round-up: Horizonte Minerals,Biocompatibles, Highams...
28th Jul 2009 12:03
Shares in Horizonte Minerals, which mines for gold in Brazil and Peru, jumped after it gave a positive update on its Tangara gold project in Brazil. Drug-device combination products developer Biocompatibles has received a milestone payment after Eisai exercised its option to license Biocompatibles'
Read moreJarvis Securities gains on contract win
10th Jun 2009 11:21
Shares in Jarvis Securities gained on news that the stockbroker secured a five year contract with one of the UK's largest Building Societies to provide a complete white-labelled solution for their share dealing services. Jarvis said the deal will have a material positive impact on the company's fin
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