Frasers Group shares jump after £70m Barclays buyback scheme – Shares in Frasers Group climbed by over 7% on Monday after the retail giant announced a major new share buyback arrangement with Barclays.
Monzo CEO ‘ousted over IPO plans’ – The CEO of Monzo was ousted by the company’s board after a disagreement over its IPO plans, according to reports. The Financial Times reported that Anil was at loggerheads with the board over the timing of its long-awaited stock market flotation, while it doubted his long-term commitment to the company.
Fulham FC extends Bob deal – Fulham FC has extended its partnership with HiBob, developer of human capital management (HCM) platform Bob, with the company becoming its official sleeve sponsor after a successful first year of using Bob across Fulham FC, Fulham Pier and Fulham FC Foundation.
TT Electronics shares plunge as DBAY snubs takeover deal – Shares in TT Electronics fell sharply on Monday after DBAY Advisors confirmed it does not intend to make an offer for the company to compete with the £287 million takeover already agreed with Cicor. The news wiped more than 13% off the AIM-listed group’s share price.
Frontier Developments CEO leaves after 27 years at firm – Jonny Watts will step down from the role after three years as CEO and 27 years at the listed company. He will be replaced by current CMO Jo Cooke.
Tech-first PR firm Pathos, founded by comedian, in £20m IPO – Fast-growing technology-enabled PR firm Pathos Communications plc, which has never raised institutional funding, raised more than £5 million and joined the London Stock Exchange’s junior AIM market in an IPO which valued the firm at around £20m.
Pimberly secures £5m in funding as it steps up UK & US expansion – Pimberly secured £5 million in venture debt funding from Virgin Money as the Manchester-based SaaS firm steps up its UK and US expansion plans.
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