Small caps round-up: AZ Electronic, James Cropper, Helphire...
16th Nov 2010 14:50
AZ Electronics, a recent IPO, saw strong sales in the second half of the financial year, with revenue for the four months ended October at $232.6m (2009: $188.3m). Profits dipped slightly at paper maker James Cropper in the half-year to September as the speciality posted a loss as after pulp prices
Read moreNo results means AIM suspensions
1st Oct 2010 12:42
Four AIM companies have been hit by share suspensions because they have not released their interim figures or accounts on time. Thre of the companies were suspended this morning and the other was suspended int he middle of September when it admitted that its accounts would not be ready. Two of the
Read moreLondon close: Flat finish for Footsie
23rd Jul 2010 16:58
The day that was not without excitement, but shares were little changed overall amid uncertainty ahead of European banking stress tests due after the close. The best performing blue-chip was chip designer ARM Holdings . It was already higher, helped by strong results from US tech giant Microsoft ov
Read moreUK SMALLCAP ROUNDUP: Sirius Exploration's FY10 Loss Widens
23rd Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SIRIUS EXPLORATION PLC (SXX.LN), a mining and exploration holding company focused on potash and salt deposits in North America and Australia, Friday post
Read moreLondon afternoon: KNOC ups Dana bid terms
23rd Jul 2010 14:36
Leading blue-chips continue to drift lower with investors happy to bank the week's profits ahead of the week-end and the announcement of the results of the European banking stress tests at 5:00pm today. Not surprisingly, banks feature prominently among the losers with Standard Chartered, HSBC and L
Read moreUK SMALLCAP ROUNDUP: HMV Refinances GBP240M Facility
23rd Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps HMV GROUP PLC (HMV.LN), a U.K. entertainment retailer, said Friday it has completed the refinancing of its GBP240 million revolving credit facility with
Read moreLondon midday: Equities in wait and see mode
23rd Jul 2010 12:13
Investors are keeping their powder dry ahead of the release of the European bank stress tests after the close of business today. Stocks are easier on balance, despite signs that the UK economy is picking up. Gross domestic product grew by 1.1% during the quarter according the Office of National St
Read moreUK SMALLCAP ROUNDUP: Salamander Energy: Vietnam Well Dry
23rd Jul 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SALAMANDER ENERGY PLC (SMDR.LN), an oil and gas firm, Friday said it didn't find any oil at an exploration well offshore Vietnam, marking another setback
Read moreCandy bids for Metals Exploration
23rd Jul 2010 08:29
Multi-millionaire property developer Christian Candy’s has launched a mandatory offer to buy all the shares in Metals Exploration he doesn’t own for 13p each. Solomon Capital, Candy’s private investment vehicle, last year acquired a 44.1% stake in the Philippines-focused nickel and copper miner. T
Read moreMetals Exploration Gets GBP35.8M Offer From Christian Candy
23rd Jul 2010 07:53
LONDON (Dow Jones)--Property tycoon Christian Candy Friday offered to acquire gold and molybdenum miner Metals Exploration PLC (MTL.LN) for GBP35.8 million. Candy's investment vehicle Solomon Capital pitched its offer at 13 pence a share, a 27% premium to Metals Exploration's closing price Thurs
Read moreSolomon Capital Ltd Offer For Metals Exploration -4-
23rd Jul 2010 07:00
derivative, any agreement to sell or any delivery obligation or right to require another person to purchase or take delivery. Save as set out in paragraph 4 above and in Appendix III, neither Solomon nor any of its associates has procured any irrevocable commitment or letter of intent in respect of
Read moreSolomon Capital Ltd Offer For Metals Exploration -3-
23rd Jul 2010 07:00
funds in the near term, if it has a controlling majority ownership stake in Metals Exploration commensurate with the risks involved and its required long term investment returns. Furthermore, the Solomon Board believes that Metals Exploration would be better suited to a private company environment,
Read moreSolomon Capital Ltd Offer For Metals Exploration -7-
23rd Jul 2010 07:00
| form" | is, not in CREST); | | | | +-------------------+----------------------------------------------+ | "Closing Price" | the closing middle market quotation of a | | | Me
Read moreSolomon Capital Ltd Offer For Metals Exploration -5-
23rd Jul 2010 07:00
Shareholders are advised to read the formal documentation in relation to the Offer carefully, once it has been dispatched. The full terms and condition of the Offer (including details of how the Offer may be accepted) will be set out in the Offer Document and, where appropriate, the related Form of
Read moreSolomon Capital Ltd Offer For Metals Exploration -2-
23rd Jul 2010 07:00
Under Rule 8.3(a) of the Code, any person who is interested in one per cent. or more of any class of relevant securities of Metals Exploration or of any paper offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in c
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