Indus Gas chief exec raises nearly £126m

31st Jan 2011 17:04

The chief executive of one of the largest companies on AIM has raised nearly £126m from a share sale. Not much more than 10% of the companies on AIM are valued at more than the amount raised by Indus Gas chief executive Ajay Kalsi. He sold 19.35m shares at 650p each. Indus joined AIM in June 2008

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Quintain Estates hit by write-downs

26th Nov 2010 07:53

Hefty write-down on developments in North London, Bristol and its flagship project at Wembley sent property developer Quintain Estates deep into the red in the six months to September. Net asset value per share fell 6.7% to 112p as losses hit £58.8m (profit £9.6m) after Quintain wrote down the valu

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Friday preview: Quintain Estates, Asian Citrus...

25th Nov 2010 15:55

Property developer Quintain Estates' most recent trading update, for the half year to 30 September, indicated strong progress in the last six months towards its key milestones for the financial year. At the same time, Quintain unveiled plans for the London Designer Outlet at Wembley City. The 350,

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London close: Footsie slumps in last hour

30th Sep 2010 16:48

A last hour slump sent Footsie into the red by the close of a roller-coaster day. The index had been over 50 points higher in mid-afternoon after US second quarter gross domestic product (GDP) was revised upwards to show a 1.7% quarterly increase. But the Dow turned down sharply soon after, draggin

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London afternoon: US GDP data jolts Footsie into life

30th Sep 2010 15:02

Leading equities stormed higher after US second quarter gross domestic product (GDP) was revised upwards to show a 1.7% quarterly increase. Although this represented a slow-down from the 3.7% gain in the first quarter economists had not been expecting any improvement on the previous estimated gain,

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London midday: Sluggish Footsie

30th Sep 2010 12:00

Investors are holding fire ahead of this afternoon's release of US gross domestic product data. The downgrading of the credit rating of Spanish sovereign debt came as little surprise and has had minimal effect on sentiment, as has news that the bail out of Anglo Irish Bank could cost Ireland as much

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Quintain Estates making progress

30th Sep 2010 07:42

Property investment firm Quintain Estates said strong progress has been made in the last six months towards its key milestones for the financial year. In a trading update for the six months to 30 September 2010 the social housing and regeneration specialist said it is confident of further delivery

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Fiberweb boss buys

13th Sep 2010 17:07

Chief executive Daniel Dayan has increased his stake in nonwoven products supplier Fiberweb. Dayan has invested nearly £80,000 in 129,000 shares at 62p each. That takes his stake to just over 1.14m shares. Finance director Daniel Adams acquired 96,000 shares at the same price - an investment of

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Good Q1 progress at Quintain Estates

10th Aug 2010 08:45

Property investment firm Quintain Estates said it made good operational progress in the first quarter as it delivers on two key milestones. The group said beds in iQ increased by 20% while it saw record reservations for 2010/11 academic year. The second milestone achieved was the sale of Pier Walk

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Small caps: Quintain Estates, Angel Mining, Medavinci ...

9th Aug 2010 14:02

Quintain Estates has sold Pier Walk at Greenwich Peninsula to a subsidiary of DekaBank Group, Germany's largest manager of open-ended property funds for £97m. The building, close to the 02 arena, is currently occupied by Transport for London, on a ten-year lease. The sale price is about £1.1m more

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Titan chief wheels out share purchases

9th Jun 2010 16:37

Titan Europe chief executive Mike Akers has added a total of 200,000 shares to his shareholding in the agricultural and construction vehicle wheels manufacturer following yesterday's trading update. AIM-quoted Titan said that its strong order book meant that it would perform ahead of budget in 201

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Communisis 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

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Quintain says mainstream market remains uncertain

21st Jan 2010 08:17

Property investor Quintain Estates & Development said conditions in the mainstream market remain uncertain so it is focusing on more resilient income streams such as healthcare and student accommodation. In the group's third quarter update, Quintain confirmed that it has acquired a new site for stu

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Small caps round-up: Vyke, Holders, RM ...

10th Dec 2009 08:52

Shares in telecoms and internet services company Vyke Communications jumped after it agreed a deal with Indian Wi-Fi group O-Zone for O-Zone to sell Vyke's complete product range across the South Asian country. Printed circuit board materials provider Holders Technology said its trading performance

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London 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,

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