Sibanye Gold Gets Acquarius Platinum Agreement; Mosman Oil & Gas Ready for Deal Progress
October 06 2015 - 7:59AM
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SIBANYE GOLD LTD. (SGL.JO), a mining company, Tuesday said it
has entered into an agreement backed by AQUARIUS PLATINUM LTD.'S
(AQPTY) board to buy all of the South Africa-focused platinum
producer's shares for $294 million in cash.
At 1100 GMT, Aquarius Platinum shares were up 3.2 pence, or 40%,
at 11.3 pence.
MOSMAN OIL & GAS LTD. (MSMN.LN), an oil and gas group, said
it is ready to progress with its acquisition of 70% of the South
Taranaki Energy Project in New Zealand and that the remaining 30%
will be acquired by HIGH PEAK ROYALTIES LTD. (HPR.AU), after the
cancellation of the previous agreement with WRDLS Pty Ltd.
Mosman Oil 7 Gas shares -1.4 pence, or 18%, at 6.1 pence.
OXUS GOLD PLC (OXS.LN), a mining company, said it has entered
into a convertible loan note placing agreement with Darwin
Strategic Ltd.
Shares -0.7 pence, or 15%, at 3.6 pence.
STANLEY GIBBONS GROUP PLC (SGI.LN), a retailer of collectable
stamps and coins, said it is unlikely it will meet market forecasts
for the full year as a result of weakness in its Asian operations
and illiquidity in high value stock items.
Shares -41 pence, or 28%, at 103 pence.
INDEPENDENT RESOURCES PLC (IRG.LN) and NOSTRA TERRA OIL &
GAS PLC (NTOG.LN) have agreed to create a joint venture to buy 50%
of the oil-producing East Ghazalat concession in Egypt from
TransGlobe GOS Inc. for $3.5 million.
Independent Resources shares +0.1 pence, or 17%, at 0.9 pence.
Nostra Terra Oil & Gas shares +0.02 pence, or 21%, at 0.1
pence.
GREGGS PLC (GRG.LN), a bakery retailer, reported a 4.9% rise in
own shop like-for-like sales for the 13 weeks to Oct. 3 and said it
expects good sales growth for the full year, slightly ahead of
previous expectations.
Shares +77 pence, or 7.2%, at 1,153 pence.
TED BAKER PLC (TED.LN), a fashion company, reported a 20% jump
in first-half retail sales but said retail sales in August were
adversely impacted by a number of external factors.
Shares -127 pence, or 3.9%, at 3,151 pence.
ROBERT WALTERS PLC (RWA.LN), a staffing company, said the
outlook for the fourth quarter remains positive after reporting a
6% rise in third-quarter net fee income.
Shares -12.5 pence, or 2.8%, at 428 pence.
AVON RUBBER PLC (AVON.LN), a dairy and defense products company,
said it anticipates that adjusted operating profit for the year
will be significantly ahead of current market expectations.
Shares +25.5 pence, or 2.7%, at 986 pence.
FTSE Small-Cap +0.1%
AIM +0.1%
Write to Jana Simmons, Alex MacDonald, Razak Baba at
uksmallcaps@wsj.com
(END) Dow Jones Newswires
October 06, 2015 07:44 ET (11:44 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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