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Low & Bonar's Belgian subsidiary has bought Xirion for Euros 13.6m (Pounds 9.4m). Xirion, based in Ostend, is a leading manufacturer of monofilament grass yarn, used on all-weather sports pitches. [...]

Abbey, the Dublin-based housebuilder, is considering expanding the use of incentives to maintain its level of business. The move would have a detrimental effect on margins. In the year to [...]

Pre-tax profit at Avocet Mining has risen slightly from Dollars 15.6m (Pounds 8.9m) to Dollars 15.8m on reduced gold production. In the year to March 31, the price of gold [...]

Easynet, provider of telecommunications services, is to expand its broadband availability through the expansion of local loop unbundling by adding an extra 100 exchanges to the 250 where the company [...]

Hotel Corporation has acquired Walton Hall at Wellesbourne, near Stratford-upon-Avon, for Pounds 15.2m. The Aim-traded investment company, which is a vehicle for Dawnay Shore Hotels, plans to create a chain [...]

Caffyns, the Eastbourne- based motor distributor, has managed to minimise the damage from the demise of MG Rover with pre-tax profit for the year to March 31 rising from Pounds [...]

Partridge Fine Arts complained of tough conditions in the London art and antiques market yesterday as it cut its stock valuation by almost a third. The dealer blamed the weakness [...]

Archipelago Resources has completed a placing of 23.2m shares at 34p each with US and UK insti- tutions to raise Pounds 893,630. The Aim-listed company will use the proceeds to [...]

Zoo Digital, the Sheffield- based developer of interactive DVD technology and publisher of games and entertainment products for digital platforms, has confirmed that it is to raise Pounds 3m by [...]

Speedy Hire, the Merseyside-based support services group, has bought The Cabin Company for Pounds 6.3m cash. The Cabin Company is part of Birse and has a fleet of 950 portable [...]

Shares in Petrel Resources, the oil exploration company, rose by more than 20 per cent yesterday following a placing of 2.44m shares with institutions at 43p each. The company has [...]

Hardys & Hansonshas acquired five pubs, each with lodge accommodation, from Shadeweir Inns for Pounds 11m. The properties are in Bromborough, Preston, Warrington, Wigan and Wakefield. The combined lodge accommodation [...]

Reliance Security, the Uxbridge-based support services company, has sold its investment in Safe Estates for about Pounds 7.3m. Reliance paid Pounds 400,000 for its holding in Safe Estates in 2000 [...]

African Gold, the natural resources company with interests in Ghana and Zimbabwe, is on target to prove in excess of 1m ounces of gold reserves in its existing projects. The [...]

James Latham, the Hertfordshire-based timber importer and distribution company, saw its shares rise 8 per cent following the sale of a vacant site to Countryside Properties. The sale of the [...]

Dyson Group, the materials technology company, has seen its pre-tax profit for the six months to September 30 inch ahead from Pounds 1.91m to Pounds 1.92m on turnover 8 per [...]

Andor Technology, the developer and manufacturer of high-performance digital cameras and their associated products, listed on Aim yesterday. The company had raised Pounds 4.5m, before expenses, through a placing of [...]

Plasmon, the Hert-fordshire-based information technology hardware company, has seen its turnover for the six months to the end of September rise by Pounds 300,000 to Pounds 24.6m. Losses before tax [...]

World Careers Network, the specialist internet-based graduate recruitment service, is to pay a maiden dividend. Turnover rose by almost 12 per cent to Pounds 1.91m in the year to July [...]

NBA Quantum saw turnover increase by more than 59 per cent as the specialist construction claims consultancy drew benefit from a reorganisation carried out in 2003. Turnover for the year [...]

Just Car Clinics Group has come to an agreement with Dixon Motor Holdings over the settlement of a warranty claim. The York-based accident repair specialist, which bought Dixon Motor Holdings' [...]

Workplace Systems has signed a contract with London Eastern Railways for a five-year workforce management service for One, which provides rail services from Liverpool Street covering Essex and East Anglia. [...]

K3 Business Technology has acquired Alpha Landsteinar for a total consideration of Pounds 7.2m in cash and shares. Alpha Landsteinar is comprised of three companies and is one of the [...]

Medsea Estates, the Spain-based estate agent, reported its first interim results on the day that it made its debut on Aim. The company, which was formed out of Medsea Group, [...]

Angus Meldrum has been appointed chairman of Belhaven, the Scottish brewer and pubs group. He took over after yesterday's annual meeting from Chris Greig, 69, who has retired. Dr Greig, [...]

BBI Holdings, the Cardiff-based manufacturer of rapid diagnostic tests, cut its pre-tax loss from Pounds 277,000 to Pounds 141,000. Turnover for the year to March 31 rose by 35 per [...]

IWP International, the Dublin-based consumer goods manufacturer, has reduced pre-tax losses from Euros 82.6m (Pounds 57.6m) to Euros 12.6m in the year to March 31, helped be substantially reduced net [...]

The shares in Wilshaw fell by 37 per cent after the group sold all its magnet manufacturing capacity to Crossco, a management buy-out company, for Pounds 910,000. Wilshaw has now [...]

Excel Airways, the low-cost charter airline, saw turnover increase from Pounds 39.8m to Pounds 67.4m in the six months to April 30. The airline increased the number of seats sold [...]

Betinternet.com, the Isle of Man-based company, has instigated a strategic review that has led to the purchase of the 50 per cent that it did not own of Euro Off-Track. [...]

TTG Europe, the telecom-munications services group, has conditionally raised Pounds 6m by way of a placing of 1.2bn shares at 0.5p through KBC Peel Hunt, broker. The cash, Pounds 5.6m [...]

Elektron, the Aim-listed electromechanical components manufacturer, saw its shares rise by 31 per cent as it reported pre-tax profit for the year to January 31 of Pounds 1.6m against a [...]

Pursuit Dynamics, the engineering group, has reported a slightly reduced pre-tax loss of Pounds 817,952 (Pounds 844,389) from a turnover of Pounds 108,746 in the six months to March 31. [...]

RWS Holdings, which became a listed company in November of last year, is to pay a maiden interim dividend of 1.5p. The company, formed after a reverse takeover of Health [...]

Halma has bought Diba Industries of the US for Dollars 14m (Pounds 7.9m). The Connecticut-based company is a health diagnostic components business specialising in tubing assemblies and complete fluid transfer [...]

Dream Direct's shares plunged by 14 per cent as it warned that losses would be greater than expected. The direct seller of family software and related PC products suffered from [...]

Ten Alps Communications has signed production contracts for two television projects with Sir Bob Geldof and a number of radio projects with a total combined budget of Pounds 1.6m. Sir [...]

Shares in Antonov, the transmission specialist, rose 19 per cent yesterday after the company secured funding of Euros 1.05m (Pounds 735,000) for research and development work. The money will be [...]

Honeygrove Group, the residential property company and formerly known as Propan Homes, announced pre-tax losses of Pounds 1.74m for the 18 months to September 30 against Pounds 1.42m profits for [...]

Sopheon, the Aim-listed software developer and provider of innovation and product development solutions, has reported a rise in sales during December. Its shares yesterday rose by 16 per cent to [...]

Pursuit Dynamics, the Aim-traded company that develops marine propulsion and fluid pumping technology, has been granted a US patent. This will strengthen the company's position with the 10 other patent [...]

ZincOx Resources, the Aim-traded mining company, has sold its 95 per cent stake in the Shaimerden zinc oxide deposit in Kazakhstan to JSC Kazzinc for Dollars 7.6m (Pounds 4.5m). The [...]

McKay Securities, the commercial property company, has seen turnover in the six months to September 30 rise by 7.5 per cent to Pounds 8.73m. Pre-tax profit was down by Pounds [...]

Carclo, the precision engineer and speciality wire manufacturer, returned a pre-tax loss of Pounds 3.35m (profit of Pounds 340,000) in the six months to September 30 after the company's decision [...]

Armour Group yesterday announced the acquisition of four companies and placed 11.1m shares at 45p each to raise Pounds 5m. The purchases, for a combined Pounds 12.5m, were Veda Products, [...]

Texas Oil and Gas, the London-based oil minnow, opened the fifth of a group of wells it now owns in the BC Christian lease in the East Texas Field. Last [...]

Shares in Cybit, the fleet management and telematics solutions group, rose by 45 per cent on the announcement of a three-year deal with Lex Vehicle Leasing that should deliver annual [...]

A substantial restructuring and removal of the 'principal vestiges of the dotcom bubble' helped Durlacher, the speciality finance company, reduce its annual pre-tax loss from Pounds 9.91m to Pounds 1.5m. [...]

Oxus Gold intends to distribute part of its holding in its Oxus Minerals Corporation subsidiary to shareholders on a 1-for10 basis. The company will rename the subsidiary as Marakand Minerals, [...]

Shares in Eckoh Technologies rose by 12 per cent yesterday after the company announced the completion of a contract to supply TDWaterhouse with an advanced speech recognition system. Customers of [...]