UK & US

Proactive news headlines: Supermarket Income REIT, Keywords Studios, Inspiration Healthcare

Supermarket Income REIT (LON:SUPR) confirmed it is in discussions to acquire a portfolio of assets via a sale and leaseback transaction with a major grocery operator. The trust earlier reported that it received 100% of rents due in the June 2020 quarter renewal.

Keywords Studios PLC (LON:KWS) has acquired Coconut Lizard Limited, a company providing specialised video game development services, for up to £2mln.

Med-tech specialist Inspiration Healthcare Group PLC (LON:IHC) said it expects to see revenues “increase significantly” after a strong start to the year.

Bahamas Petroleum Company PLC (LON:BPC) told investors that it has completed the administrative formalities to set up its Bahamian mutual fund and is ready to start the drilling of the Perseverance #1 well between December and next February.

Iofina PLC (LON:IOF) said its IO#8 iodine extraction plant in the US is back on stream after the restart of supplies of source material brine, which comes from onshore oilfields.

Immotion Group PLC (LON:IMMO), the immersive virtual reality (VR) out-of-home entertainment business, said it was close to hitting break-even before the coronavirus pandemic hit.

Instem PLC (LON:INS), the clinical data specialist, is to raise £15.75mln through a placing at 435p alongside an additional secondary sale of £3mln worth of shares by certain directors.

Live Company Group PLC (LON:LVCG) said it has raised £400,000 in a share placing to help fund its planned build programme for 2020 and to “take advantage of post lockdown operating conditions”.

Zanaga Iron Ore Company Ltd (LON:ZIOC) told investors it has entered a subscription agreement with Shard Merchant Capital, under which some 21mln shares will be issued in up to three tranches.

Amur Minerals Corporation (LON:AMC) said it is expecting “some high value outputs” in 2020 after the mineral explorer reported narrowed losses in its 2019 financial year.

Sativa Group PLC (LON:SATI), the medicinal cannabis group, has welcomed the clarity of the regulatory framework concerning the use of cannabidiol (CBD) products in food.

PowerHouse Energy Group PLC (LON:PHE) said a shareholder proxy vote will take place July 14 to decide whether to allow the company to issue the 1,437,440,277 shares toRead More – Source