DP Poland (DPP) shares jump 17.14% to 6.15p
The Polish-based operator of Domino's Pizza is to buy All About Pizza (AAP), a Croatian company that currently operates Domino's stores in Croatia, in a deal worth £2.4 million.
Upon the successful completion of the acquisition, Nils Gornall, current Chief Executive Officer of AAP who has been with Domino's for 28 years, will become CEO of DP Poland.
In a separate statement released today, DP Poland published its annual results in which it reported a 3.1% revenue increase to £29.9 million for the year ended 31 December 2021.
EBITDA increased from a loss of £0.2m to £1.1m while losses narrowed to a loss of £4.3m.
Scancell Holdings (SCLP) shares jump 15.02% to 14.88p
Scancell has expanded its phase II study of its SCIB1 vaccine treatment for an advanced form of skin cancer in a move to broaden the study’s patient population and accelerate recruitment.
The company outlined that the new cohort in the SCOPE study will consist of people with metastatic melanoma receiving checkpoint doublet therapy along with the company’s drug.
“We believe that SCIB1 administration in combination with doublet therapy has the potential to offer greater efficacy than checkpoint inhibitors alone, without increasing toxicity,” it explained.
Randall & Quilter Investment Holdings (RQIH) shares rise 9.54% to 106p
Randall & Quilter Investment continue to rise today after announcing yesterday its plans to raise $108m via a share placing and open offer where shares will be offered at 105p each.
Regarding its outlook, the company stold investors that it anticipates reaching US$1.8bn of gross written premiums this year and expects a pre-tax operating profit of US$90m by 2024.
Kore Potash (KP2) shares fall 11.54% to 1.125p
Shares have remained down in recent days. While the company recently reported a widened loss in 2021, it cited "good progress" on its flagship potash project in the Republic of Congo.
For 2021, Kore Potash saw its pretax loss widen to $2m from $1m in the prior year. It said it will be required to raise funds to meet its ongoing contracted and committed expenditure.