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A glance at some of the day s highlights from the Proactive Investor s newswire
Mailbox REIT PLC (LON:MBOX) has become the first company to list on the IPSX specialist property exchange with a valuation of £84.85mln.
Avation PLC (LON:AVAP) said it has sold one of its ATR 72-600 aircraft with manufacturer number 1591 at current market rates to a regional aircraft lessor.
Argo Blockchain PLC (LON:ARB) said it has signed a crypto climate accord (CCA) in partnership with DMG Blockchain Solutions to promote the decarbonisation of the cryptocurrency industry.
e-Therapeutics PLC (LON:ETX) raised £22.5mln in an equity funding, comprising a placing and a retail offer.
FTSE 100 on the rise; pubs and restaurants count down to indoor reopening on Freedom Monday
Companies
FTSE 100 on the rise; pubs and restaurants count down to indoor reopening on Freedom Monday
London s leading index advanced 68 points to 7,031 before close
FTSE 100 up 68 points
Hospitality to resume indoor service on Monday
Wall Street opens higher
FTSE 100 was on the rise just before close, surging 68 points to 7,031.
Pubs, restaurants and other hospitality venues are set to resume indoor activities on Monday.
Trade body the British Beer and Pub Association expects 45,000 pubs to open their doors on 17 May and serve 3mln pints.
It will be welcome as bad weather has hampered trading since the reopening of outdoor service in mid-April, with like-for-like sales plunging 51% in the week to 8 May compared to the same period in 2019, according to CGA figures.
Power Metal Resources in demand after finding anomalies at Botswana project
A look at Friday s major share movers on the London Stock Exchange
Power Metal Resources PLC (LON:POW) added 4% to 2.45p before close after finding extensive anomalies at the South Ghanzi Project in Botswana.
These findings align closely with previous fieldwork conducted and the established regional exploration model for the discovery of major copper/silver deposits within the Kalahari Copper Belt.
“The exploration story at South Ghanzi continues to progress at pace and we eagerly await the next phase of results and drill testing of several of these high-priority targets,” said Paul Johnson, the chief executive of Power Metal Resources.