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Proactive news headlines: Brickability, Belvoir, Imperial X, Destiny Pharma…

Brickability Group PLC (LON:BRCK) is acquiring Taylor Maxwell Group, supplier of timber and non-combustible cladding, for £63mln. The deal will be part-funded by a £55mln sale of shares.

Belvoir Group PLC (LON:BLV) announced it has exchanged contracts to acquire the entire issued share capital of Nottingham Mortgage Services (NMS), a wholly-owned subsidiary of the Nottingham Building Society.

Belvoir also announced that it will present at Proactive’s One2One Virtual Forum on Thursday 3 June 2021. The event will begin at 6.00pm and take place via online webinar, with registration available at the following link: 

Learning Technologies Group PLC (LON:LTG) said The Satchell Trust has sold 2.1mln shares at an average price of 169.77p each.  Jonathan Satchell (CEO) and his wife are the sole trustees and the sale will fund a property purchase for their children who have a beneficial interest in the Trust, said the statement.

Quantum Blockchain PLC (LON:QBT) said it has signed a service agreement with a UK-based international cryptography expert specialising in cryptocurrency mining blockchain optimisations as part of a research & development (R&D) strategy for Bitcoin mining.

Imperial X PLC will begin trading on the official list of the London Stock Exchange on Thursday under its new name of Cloudbreak Discovery PLC (LON:CDL), making it only the second prospect generator in the mining space listed in the UK. Shareholders yesterday approved all resolutions put to them at the company’s general meeting on Tuesday, meaning the acquisitions announced in August last year have now completed along with the change of name.

Drug discovery group e-therapeutics PLC (LON:ETX) has appointed Alison Gallafent as its head of intellectual property.

Savannah Resources PLC (LON:SAV) said its losses from continuing operations narrowed in 2020 helped by cost control measures and that the outlook for the company was “very promising”. The company, which is developing the Mina do Barroso lithium project, said it wants to grow its lithium business, primarily in the Iberian Peninsula.

Destiny Pharma PLC  (LON:DEST) chief executive Neil Clark said the group had made significant progress preparing its lead asset, NTCD-M3, for a phase III clinical study, which he confirmed, was on track to go ahead next year.

MetalNRG PLC (LON:MNRG), a natural resources and energy investment company, said it was satisfied with the progress its BritNRG Ltd investment had made with its 100-day operational plan.

Block Energy PLC (LON:BLOE) said it continued to perform well and has made significant progress despite the Coronavirus (COVID-19) pandemic.  

Jersey Oil and Gas PLC (LON:JOG) said it submitted a concept selection report to the UK Oil and Gas Authority, marking a significant milestone in delivering maximum value from the Greater Buchan Area (GBA) development project in the North Sea.

United Oil & Gas PLC’s (LON:UOG) Egyptian venture has been granted approval for a development lease to cover the ASD-1X discovery, part of the Abu Sennan Licence, which allows production operations to get underway.

Tiziana Life Sciences PLC (LON:TILS)(NASDAQ:TLSA) announced that notice of its annual general meeting has been made posted on its website ahead of the event on 25 June. Amid restrictions on personal movement the AGM will be an electronic meeting only and voting must made made by proxy and any questions submitted in advance.

SDX Energy Plc (LON:SDX) has given notice of its annual general meeting on 25 June. Given government guidance the AGM will be held with the minimum attendance required to form a quorum and shareholders will need to vote by proxy. The company will hold a webinar on 21 June where shareholders will be able to submit any questions in writing ahead of the proxy deadline.

Amryt Pharma PLC (NASDAQ:AMYT, LON:AMYT) has had a new drug application approved by the US regulator for its potential treatment for epidermolysis bullosa (EB).

KR1 PLC (AQSE:KR1) said its portfolio project Automata has completed a US$2.4mln strategic funding round, which included participation from IOSG Ventures and Jump Trading.


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