Mining boss: Journey from Aim to main market ‘too difficult’ Markets The mining boss behind the London main market’s newest member has said his firm would not have transferred from Aim had he known how complicated the process would be, despite the junior market partly existing to act as a stepping stone to London’s principal exchange. Cobus Loots, the chief executive of South African-based gold miner [...]
Canadian giant swoops for London-listed Ricardo Markets London-listed engineering firm Ricardo has agreed to a £281m acquisition deal by Canadian consultancy giant WSP in the latest foreign takeover blow to the London Stock Exchange. Ricardo has accepted the 430p per share offer, a 28 per cent increase on the firm’s closing price on June 10 of 326p. It is a 69 per [...]
Wilmington: Profit and revenue soar at data provider Tech Data provider Wilmington has hailed “another strong year” after it posted double-digit profit growth and revenue. The London-listed firm, which in the summer offloaded its UK healthcare unity for £26.3m, saw its profit before tax soar 42 per cent to £24.1m in the year ended 30 June. Its profit margin rose a quarter to 26.8 [...]
Gamma Communications eyes move from AIM to FTSE 250 September 10, 2024 Gamma Communications, the UK-based business call services provider, is considering a move to the London Stock Exchange’s Main Market following a strong set of interim results which could potentially see the company moving from AIM to the FTSE 250 Index. Shares in Gamma surged by as much as 10 per cent in early trading on [...]
