School

Vodafone announces Mo Salah as Foundation & UNHCR Schools Ambassador

FTSE News FTSE 100

Vodafone Group Plc (LON:VOD) has announced that Mohamed Salah has joined up with Vodafone Foundation and UNHCR as first Instant Network Schools Ambassador. ·    Footballer becomes Ambassador for school programme that aims to give a quality education to 500,000 refugee and host country students by 2025. ·    20 new Instant Network Schools will be launched this year as the programme prepares to …

Equity Fund

Pantheon International Performance Update at 31 January 2020

FTSE News FTSE 250

Month to 31 January 2020 Pantheon International plc (LON:PIN) has announced an unaudited net asset value (“NAV”) per share as at 31 January 2020 of 2,768.7p, an increase of 19.4p (+0.7%) from the NAV per share as at 31 December 2019. Valuation gains* (16.3p, +0.6%), investment income* (0.3p, 0.0%) and foreign exchange movements* (5.8p, +0.2%) were partially offset by expenses …

Tesco sell 20% share in Gain Land to JV partner China Resources Holdings

FTSE News FTSE 100

Tesco PLC (LON:TSCO) today announced the sale of its 20% share in Gain Land to a subsidiary of its joint venture partner, China Resources Holdings.  Gain Land is the Chinese joint venture with CRH that was established in 2014.  The disposal will result in net cash proceeds to Tesco of c.£275m which will be used for general corporate purposes. The disposal …

SIG PLC In line with a strong financial position

FTSE News FTSE 250

SIG plc (LON:SHI) has announced that Meinie Oldersma has resigned from the role of Chief Executive Officer and as a director of the Company with immediate effect. The Company also announces that Nick Maddock has resigned from the role of Chief Financial Officer and as a director of the Company with immediate effect. The Board has appointed Steve Francis as …

biopharmaceutical

AstraZeneca to sublicense its global rights to Movantik to RedHill Biopharma

FTSE News FTSE 100

AstraZeneca (LON:AZN) has today announced that it has agreed to sublicense its global rights to Movantik (naloxegol), excluding Europe, Canada and Israel, to RedHill Biopharma (RedHill). Movantik is a peripherally acting mu-opioid receptor antagonist indicated for the treatment of opioid-induced constipation. Ruud Dobber, Executive Vice President, BioPharmaceuticals Business Unit, said: “This divestment supports our strategy to realise value from medicines in our portfolio that …

Meggitt Chairman & Director Sir Nigel Rudd to step down

FTSE News FTSE 100

Meggitt PLC (LON:MGGT) has today announced that Sir Nigel Rudd, Chairman, intends to step down as Chairman and Director of the Company to spend more time on his business and other interests. Sir Nigel will remain as Chairman until his successor is appointed, but will not seek re-election at the 2021 AGM. Guy Berruyer, Senior Independent Director, will lead the …

Data and Analytics

Ascential Deliver Strong growth in revenue

FTSE News FTSE 250

Ascential plc (LON:ASCL), the specialist information, data and analytics company, today announced its results for the year ended 31 December 2019. Operational highlights Good delivery against our four key priorities for 2019: Focus on execution: Exceptional performances in Flywheel Digital and WGSN. Edge: Continuing progress on the integration of Edge due to complete in H1 2020, significant Coca-Cola contract win …

Fresnillo Provide Juanicipio Project Update

FTSE News FTSE 250

Fresnillo plc (LON:FRES) and MAG Silver Corp. (NYSE:MAG) have today provided a Juanicipio project update now that construction is well underway, detailed engineering is nearing completion and all major process equipment has been purchased and received on site. Juanicipio Project Status Update Underground mine will commence production ahead of schedule in mid-2020, realising commercial and operational de-risking opportunities for the …