Page 38 - Mid Caps News Today

Trading has been buoyed by people consuming more food at home during lockdowns

Follow Jamie on: Proactive Oil & Gas weekly highlights: Diversified Energy Company, Union Jack Oil, Tower Resources, ADM, Scirocco, Hurricane, Kistos, Challenger Energy It was another active week in the small-cap oil and gas sector. Diversified Energy Company PLC (LON:DEC) confirmed it has raised US$225mln in a placing and retail offer as it advances its latest acquisition. It will issue 141.5mln new shares at 112p per share. Proceeds will cover the cost of the newly announced Blackbeard acquis...

Follow Jamie on: Diversified Energy raises a further US$225mln as it doubles up in new focus area Two quickfire deals see the company establish 32,000 boepd of production in a new focus area for just over US$300mln Diversified Energy Company PLC (LON:DEC) confirmed it has raised US$225mln in a placing and retail offer as it advances its latest acquisition. It will issue 141.5mln new shares at 112p per share. Proceeds will cover the cost of the newly announced Blackbeard acquisition which sees ...

Premier Foods raises guidance after exceedingly good loan note issue The company has been steadily buying back its loan notes, which were issued at higher interest rates than the new loan notes Premier Foods PLC (LON:PFD) is to save itself £8mln a year in financing costs after raising £330mln through a loan note issue. The five-year fixed rate notes carry a coupon, or annual interest rate of 3.5% and the funds raised will be used to redeem the £300mln fixed-rate notes due for redemption in O...

Cinch owner Constellation Automotive Group secures massive funding for expansion Who said the world of car dealers was a bit dodgy? Pendragon sells more cars online than Cinch and Cazoo combined and yet is valued at a fraction of either Constellation Automotive Group has raised more than £1bn in private capital that it intends to pump into Cinch, the online used car marketplace. Constellation, which also owns webuyanycar.com and BCA (formerly known as British Car Auctions), raised the money fr...

"Changes in ratings can impact the investability of stocks and drive stock market performance"

Lockdown windfall has given the postal group the “breathing space to transform” 10p payout this year will be followed by 20p in 2021-22 Royal Mail Group PLC (LON:RMG) has restarted dividend payments as the surge in parcel deliveries during COVID-19 lockdown periods sent sales and profits soaring. Profits leapt four-fold to £726mln in the year to end-March 2021 as revenues climbed by 16.6% to £12.6bn. For the first time in its five-century history parcels accounted for the majo...

Paradigm Biopharmaceuticals Ltds (ASX:PAR) (OTCMKTS:PBIGF) Dr Jeannie Joughin tells Proactives Andrew Scott theyve received first revenue through...

Firefinch marks another milestone in Morila ramp-up with Pit 5 ore hitting gold comminution circuit Firefinch has an 80% interest in the Morila Gold Mine, which has produced 7.5 million ounces of gold since 2000. A truck direct loading to the oxide circuit dump pocket during commissioning at the Morila Gold Project Firefinch Ltd (ASX:FFX) (OTCMKTS:EEYMF) (FRA:N9F) has achieved another milestone in the second stage of its ramp-up strategy with commissioning of the Morila Gold Mine ...

“There has been some flattishness in the non-Covid related medicine demand.”