MINOAN GROUP PLC (MIN.LN) said Friday that it expects to imminently conclude a preliminary agreement for the sale of its travel-and-leisure business, Steward Travel Ltd., to Zachary Assets Holdings Ltd.

Shares at 1048 GMT were up 0.15 pence, or 2.9%, at 5.55 pence.

 

ECO ATLANTIC OIL & GAS LTD. (EOG.V) said that a new oil discovery by Exxon Mobil Corp. (XOM) offshore Guyana has positive implications for its adjacent partially-owned Orinduik license.

Shares up 3.80 pence, or 11%, to 39.10 pence.

 

ONE MEDIA IP GROUP PLC (OMIP.LN) said that it plans to raise a minimum of 7.9 million pounds ($10.2 million) via a heavily discounted share placing and subscription, which will be used to buy music publishing rights, artist recordings and songwriters' rights.

Shares down 3 pence, or 29%, at 7.38 pence.

 

Shares in FFI HOLDINGS PLC (FFI.LN) fell in early trade after the company said pretax profit for fiscal 2018 fell 49% and guided for overhead expenses in the current fiscal year to be higher than previous expectations.

Shares down 23.50 pence, or 34%, at 45.50 pence.

 

WESTMINSTER GROUP PLC (WSG.LN) said that it has conditionally raised GBP500,000 via a discounted share placing which will be used to support its development, with a particular emphasis on its airport security contract in Iran which is currently on hold due to U.S. sanctions.

Shares down 1.12 pence, or 9.3%, at 11 pence.

 

RESTAURANT GROUP PLC (RTN.LN) has reported a 7.4% fall in pretax profit for the first half of the year which it blamed on adverse weather and the soccer World Cup.

Shares up 15.80 pence, or 5.7%, at 291 pence.

 

Shares in METAL TIGER PLC (MTR.LN) rose after it said it raised GBP6.1 million in a fundraising round, an amount higher than previously expected.

Shares up 0.13 pence, or 5.3%, at 2.48 pence.

 

FTSE Small-Cap up 0.1%

 

AIM is flat

Write to Ian Walker, Dimitrios Kontos, Adria Calatayud, Adam Clark and Oliver Griffin at uksmallcaps@wsj.com

 

(END) Dow Jones Newswires

August 31, 2018 07:44 ET (11:44 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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