Investment manager Premier Miton Group (LON: PMI) reported assets under management of £10.6bn at the end of September 2022. That is £3.3bn lower than one year earlier. There were net inflows for fixed income funds. Full year results will be published on 2 December. The share price fell 5.6% to 92.5p.
Faron Pharmaceuticals (LON: FARN) shares fell 7.14% to 162.5p following the completion of the placing raising €8.4m at €1.85 each. The share price is still above the Euro equivalent. The cash will be used for the acceleration of the bexmarilimab, which is an immunotherapy treatment for difficult-to-treat cancers, clinical development programme and manufacturing.
Spirits supplier Distil (LON: DIS) continues to decline after yesterday’s interims. It is 11.8% lower at 0.75p. Sareum Holdings (LON: SAR) is also continuing its decline after Sierra Oncology Inc announced earlier in the week that it is returning the rights to SRA737. There was a further 11.5% fall to 135p.
Tanfield Group (LON: TAN) has agreed a settlement for UK proceedings with Foulston Siefkin for £3.98m. This relates to the disposal of the Snorkel work platform business. It is continuing its proceedings against Ward Hadaway in the UK and US. The UK trial starts on 7 November.
Lebanese restaurants operator Comptoir Group (LON: COM) has appointed former Leon boss Nick Ayerst as its chief executive. The former chief executive resigned last month after pressure from founder Tony Kitous, who still owns 48% of the company. The interim chief executive will return to a non-executive capacity on the board.
