Ophir Energy director makes massive sale
2nd Apr 2012 16:18
Rajan Tandon, a Non-Executive Director of FTSE 250 African energy firm Ophir, has ditched 10m shares in the firm, cashing in on the recent surge in its share price. The director sold the shares for 500p for a total of £50m. The sale comes just days after the company's share price leapt on the bac
Read moreMaintel sales director reduces sizeable stake in firm
28th Mar 2012 16:09
Angus McCaffery, Sales and Marketing Director of Maintel, a telecoms and data services company, sold off 115,000 ordinary shares for 380p each. The £437,000 transaction left McCaffery with just over two million shares, equal to around 19.25% of the company. Earlier this month the firm posted a r
Read moreLancashire's president sells £1.39m worth of shares
9th Nov 2011 16:32
The president of Lancashire Holdings, the FTSE 250 insurance broker, has sold 330,000 shares in the firm less than one week after the firm paid a special dividend following a "solid performance". Neil McConachie, who joined the firm in February 2006, sold 100,000 shares at 732p, 150,000 at £7.50 a
Read moreTechMARK movers: Microgen pleases market
24th Feb 2011 13:29
Full year figures from software provider Microgen were well received making it one of the few risers on TechMARK today. Revenue from continuing operations rose 16% to £33.7m in 2010 but all of the growth came from the Microgen Aptitude Solutions division. The financial systems software division's
Read moreVislink CEO steps down
21st Feb 2011 08:23
Closed circuit TV systems firm Vislink today confirmed that chief executive Duncan Lewis is to stand down on 31 March, at the end of the first quarter, after more than two years in the role. "The Board has agreed that John Hawkins will take over his responsibilities as interim CEO immediately on D
Read moreTechMARK movers: Milestone payment for Prostrakan
30th Dec 2010 16:32
The prospect of a juicy milestone payment from licensee Endo Pharmaceuticals had investors keen to buy shares in speciality pharmaceutical company ProStrakan. The US Food and Drug Administration (FDA) has given the green light to FORTESTA testosterone gel, clearing the way for the product to go on
Read moreSmall caps round-up: YouGov, Dragon Oil, Tristel ...
30th Dec 2010 10:44
Market research agency YouGov has sold off its Great Place to Work Deutschland (GPW Germany) subsidiary to the unit's management for £0.8m in cash. At 31 July 2010, GPW Germany had net assets of £350,000. In the financial year to 31 July 2010, its revenues were £2.3m and its profit before tax was
Read moreTechMARK movers: Positive data for Renovo
23rd Nov 2010 12:04
Pharmaceuticals developer Renovo is the best performer in TechMARK following positive phase I data for a formulation of scar revision treatment Juvista. Broker Panmure Gordon believes that the results must be significant even if little detail has been published. The original formulation is going t
Read moreTechMARK movers: Vislink's cash pile
19th Nov 2010 13:47
Vislink is selling its CCTV business Hernis for £32.5m, which is more than the broadcast technology supplier's market value prior to the announcement. Hernis specialises in supplying CCTV to the oil and gas sector. It made an operating profit of £4.6m in 2009. Cooper Industries is paying £32.5m an
Read moreTechMARK movers: Middle East contract for Vislink
14th Sep 2010 13:54
Vislink is supplying a satellite newsgathering system to Qatar-based Salam Media Cast. This will be part of a system supplied by Salam to one of its broadcasting customers. Eight uplink systems are being supplied to Salam. This is on top of the orders worth £3m announced one week ago. Chip desig
Read moreSmall caps round-up: Charlemagne, Highams, Hydro...
7th Sep 2010 13:48
Hedge fund manager Charlemagne's assets under management rise have picked up in the past two months to stand at $3.04bn at end August. The modest recovery follows a fall in the first half to $2.8bn, blamed on declining markets. Operating profits were $1.2m, down from $1.3m, with one-off performanc
Read moreTechMARK movers: Vislink's Chinese joint venture
31st Aug 2010 15:38
There is good news today for broadcast and CCTV technology supplier Vislink. Following the recent disappointing interim results Vislink has announced a joint venture in China and this has helped it claw back much of the recent share price fall. The Beijing-based joint venture will be Vislink's mas
Read moreLondon close: Footsie powers forward
8th Jul 2010 16:59
Footsie's strong recovery continued for a third day with the blue chip index closing above 5,100 driven by buoyant financial services companies. The index is up by more than 300 points this week and to its highest in nine days. Growing optimism about the European bank stress tests and yesterday's
Read moreUK SMALLCAP ROUNDUP: Diploma Earnings To Beat Market Views
8th 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 DIPLOMA PLC (DPLM.LN), a supplier of technical products like hydraulic seals and wiring for control systems, Thursday said it expects fiscal-year earning
Read moreTechMARK movers: Vislink hit by lower orders
8th Jul 2010 15:02
Broadcast technology supplier Vislink says that it will report a first half loss. Revenues will be 13% lower at £34m in the six months to June 2010. Full year revenues are expected to be around £85m. Broadcasters are delaying spending and there has even been a downturn in the marine CCTV business.
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