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Place North West | Renaker-owned housebuilder plots Middleton scheme placenorthwest.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from placenorthwest.co.uk Daily Mail and Mail on Sunday newspapers.
12 four-bedroom family houses. Several Oldham mill sites have advanced in recent months, mostly involving demolition and new-build. Renaker subsidiary Kellen Homes bought Royton’s Vernon Mill in March with plans for 100 houses, while plans are in the works for a new-build apartment scheme at Thornham Mill. Oldham’s June planning committee is also recommended to approve West Vale, a First Choice Homes project involving the demolition of two tower blocks, Crossbank House and Summervale House, to be replaced by 88 homes and open space. The site sits close to Manchester Street at the town centre’s western gateway, with the plans including 26 houses and 62 apartments in an eight-storey block. NJL Consulting advises First Choice, with PRP as architect. ....
ADVFN surges as former director takes his stake to 18% A look at the major movers on the London market on Thursday ADVFN in focus on stakebuilding 2.14pm: Financial website in demand ADVFN PLC (LON:AFN) has seen its shares surge as a former director almost doubled his stake. The financial information provider has jumped 69.01% or 24.5p to 60p as Yair Tauman, a professor of economics at State University of New York, raised his investment from 9.44% to 18.31% Professor Taubman, a proponent of game theory, resigned as a director in 2014 due to the pressure of his academic and business commitments, and at the time he said: ADVFN is a great company and should do very well in the future to come. ....
Tullow Oil in demand after refinancing plans A look at the major movers on the London market on Thursday oil Tullow Oil PLC (LON:TLW) is one of the day s risers after it unveiled a refinancing. The exploration and production group has begun an offer of $1.8bn worth of senior secured notes due in 2026 and received commitments for a $500mln revolving credit facility and a $100mln letter of credit facility. The proceeds with be used to push out the timeframe for its debt obligations, including redeeming $650mln worth of senior notes due in 2022 and repaying $300mln of convertible bonds due this July. ....
Global Petroleum raises up to £2mln to fund Namibia prospect A look at the major movers on the London market on Thursday 10.55am: Explorer issues new shares and warrants Global Petroleum Limited (LON:GBP) is among the day s bigger fallers after it announced a placing to raise £1mln. Its shares have dropped 28% or 0.18p to 0.45p, which to be fair is the price at which 222mln shares have been placed. The company has also issued 111mln warrants at an exercise price of 0.9p a share for a period of two years with one warrant for every two ordinary shares. If exercised in full this would raise another £1mln giving total proceeds of £2mln at an average weighted price of 0.6p a share. ....