Vernalis to raise £68.5m 10/02/2012
Drug discoverer Vernalis (VER) is to raise £68.5 million as part of a joint venture with US concern Tris Pharma.
Luxury jewellery designer, manufacturer and retailer
Richard Northcott: 25.1%
Centric Investments: 18.3%
UBS Global Asset Management: 7.2%
J O Hambro: 6.6%
Henderson Global: 5.6%
| 2011 | 2010 | |
|---|---|---|
| Turnover: | £12.48m | £12.55m |
| Pre-tax profit: | £ (0.55m) | £ (0.35m) |
| EPS: | (2.41) p | (1.86) p |
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Drug discoverer Vernalis (VER) is to raise £68.5 million as part of a joint venture with US concern Tris Pharma.
Magnolia Petroleum (MAGP) has acquired 800 acres in the Mississippi Lime formation in Oklahoma.
Gold explorer Condor Resources (CNR) has reported encouraging results from drilling at its La India project in Nicaragua.
US-focused Nighthawk Energy is launching a $7.5 million program to invest in its Colorado-based Jolly Ranch project.
Africa-focused Tower Resources (TRP) has raised £5.4 million via a placing with a mixture of institutional investors and directors.
Beleaguered travel operator Thomas Cook (TCG) has reported a loss of £91 million its first quarter also announcing the sale of its Indian division.