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Oxford Biomedica announces all resolutions passed at AGM | 28 May 2021


28 May 2021 | 07:49am
StockMarketWire.com - All 19 resolutions at Oxford Biomedica were passed by shareholders at the company s AGM on 27 May, including a new directors remuneration policy.
Some 80.94% of shareholders voted to replace the directors remuneration policy approved in 2018 with a new policy as referred to in Resolution 3.
In the notice of AGM, the company said the new policy provides the company with the flexibility to offer an overall compensation package to an incoming overseas executive director that is competitive against NASDAQ listed biotechnology businesses and the new policy increases the overall annual and long-term incentive opportunity .
Other resolutions which were passed related to the approval of proposed changes to the Oxford Biomedica 2015 Long Term Incentive Plan and the Oxford Biomedica 2015 Executive Share Option Scheme. ....

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FTSE rises ahead of Biden's budget | 28 May 2021


28 May 2021 | 12:02pm
StockMarketWire.com - The FTSE 100 was 0.35% higher at 7,044.36 as investors awaited details of president Biden s potential $6 trillion budget later.
Pharma giant AstraZeneca said Tagrisso had been approved in the European Union to treat patients with early-stage epidermal growth factor receptor-mutated non-small cell lung cancer. The approval by the European Commission was based on positive results from the ADAURA phase 3 trial.
AstraZeneca s share price rose by 1.09% to £80.12.
Care-based housing and healthcare REIT Civitas Social Housing said it had completed the acquisition of 10 supported living properties across Hertfordshire, Essex, Suffolk and Wales for £8.6 million.
The properties are leased to Inclusion Housing Community Interest company, with rents adjusted annually in line with CPI over the full-term and are subject to a lower limit of inflation of 0% per annum and a maximum indexation of 4% per annum. ....

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FTSE back to pre-pandemic level after commodity prices boost miners | 15 April 2021


15 April 2021 | 12:14pm
StockMarketWire.com - The FTSE 100 gained 0.52% to 6,970 by lunchtime on Thursday, extending its upward trajectory in recent days and taking it back to pre-pandemic levels, after a jump in commodity prices boosted the miners in the index.
Rio Tinto, BHP and Anglo American were all trading higher by midday.
AO World rose 2% to 324p after the white goods online retailer said it expected to report annual adjusted profit in line with market expectations following a strong final quarter to the fiscal year.
For the year ended 31 March 2021, adjusted EBITDA, or profit before tax, depreciation, amortisation, net finance costs, and other adjusting items, is expected to be in the range £63 million to £72 million, up from £19.6 million and in line with market consensus of about £66 million. ....

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FTSE opens 1.1% higher on strong US economic data | 6 April 2021


6 April 2021 | 08:37am
StockMarketWire.com - UK stocks emerged from the Easter holiday break on Tuesday with a substantial gain following the release of strong US jobs and services data.
At 0821, the benchmark FTSE 100 index was up 72.41 points, or 1.1%, at 6,809.71.
Oil major BP gained 2.2% to 296.1p after it said it was on track to reach its $35 billion net debt target in the first quarter of its financial year.
Disposal proceeds in 2021 were forecast to be at the top end of BP s previously announced $4‑to-$6 billion range, the company said.
Home repairs and improvements business HomeServe fell 1.5% to £11.94 on guiding for annual adjusted pre-tax profit to rise to around £191 million in line with consensus expectations. ....

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