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Mirriad Advertising jumps after joining US over-the-counter market A look at the major movers on the London market on Wednesday 11.27am: Advertising group boosted by American move From now on share in the advertising group will be traded in the US on the OTCQX Best market, with the aim of diversifying its investor base and allowing it to be traded by American broker-dealers. The business already operates in the US, as well as Europe and China. Chief executive Stephan Beringe said: [This] marks another valuable step in our strategic plans in the US. As we focus on developing technology that will define the in-content advertising space, we look forward to global investors having increased access to our shares and joining our journey as we deliver against our objectives. ....
Oilex raises funds to take full control of Indian gas project A look at the major movers on the London market on Wednesday Oilex Limited (LON:OEX) has seen its shares gush up after it finalised the funding to take full control of an Indian gas project, something it has been trying to do for more than four years. It has wanted to buy the 55% of the Cambay field it does not own since 2016 but it got into a spat with its partner - the state-backed Gujarat State Petroleum Corporation Limited (GSPC) - over expense payments which at one point went to an Indian court. ....
A CARLISLE based agricultural and engineering firm has reported bumper interim results despite a challenging operational Environment . Carr s Group PLC, located in Stanwix, has reported a £10.9m adjusted operating profit in a report detailing the 26 weeks to February 27 - a 5.3 per cent increase on the same period in 2020. It has also reported that its feed sales volumes, year on year, increased by 0.4 per cent, machinery revenues increased by 29.1 per cent and total retail sales by 4.1 per cent. It engineering order book stands at £44m, an increase of £7m compared to the end of 2020. Hugh Pelham, chief executive officer, said: “Despite a challenging operational environment with significant headwinds experienced in engineering we have delivered an improved performance compared to the same period last year. ....
A CUMBRIAN agricultural and engineering firm has reported positive interim results despite “a challenging operational environment”. Carr’s Group PLC, located in Stanwix, Carlisle, has reported a £10.9m adjusted operating profit in a report detailing the 26 weeks to February 27 – a 5.3 per cent increase on the same period in 2020. It has also reported that its year-on-year feed sales volumes increased by 0.4 per cent, machinery revenues by 29.1 per cent and total retail sales by 4.1 per cent. Its engineering order book stands at £44m, an increase of £7m compared to the end of 2020. Chief executive officer Hugh Pelham said: “Despite a challenging operational environment with significant headwinds experienced in engineering, we have delivered an improved performance compared to the same period last year. ....
A CUMBRIA based agricultural and engineering firm has reported bumper interim results despite a challenging operational Environment . Carr s Group PLC, located in Stanwix, Carlisle, has reported a £10.9m adjusted operating profit in a report detailing the 26 weeks to February 27 - a 5.3 per cent increase on the same period in 2020. It has also reported that its feed sales volumes, year on year, increased by 0.4 per cent, machinery revenues increased by 29.1 per cent and total retail sales by 4.1 per cent. It engineering order book stands at £44m, an increase of £7m compared to the end of 2020. Hugh Pelham, chief executive officer, said: “Despite a challenging operational environment with significant headwinds experienced in engineering we have delivered an improved performance compared to the same period last year. ....