Headlines from the Proactive UK newsroom.
UKOG (LON:UKOG) has spudded the much anticipated new well at the Horse Hill site near Gatwick Airport. The well’s the first of two new horizontal wells in the field's Portland oil pool.
Five-a side soccer league group Goals Soccer Centres (LON:GOAL) says the hole in its accounts might be much larger than first thought. Goals has said previously it had a £12mln shortfall for misdeclaration of VAT but now expects the total to be ‘materially higher’.
Pregnancy aid group Concepta (LON:CPT) has announced its first UK fertility clinic collaboration. Manchester Fertility will use Concepta’s My Lotus aid to allow women to monitor their fertility progress at home to optimise the time for their treatment at the clinic.
GlaxoSmithKline’s ovarian cancer treatment Zejula significantly improved survival rates in the phase three study, a first for a treatment of its kind in women. Women taking Zejula saw a 38% reduction in the risk of disease progression or death compared to placebo.
Iron ore pellet group Ferrexpo (LON:FXPO) has denied chief executive and majority shareholder Kostyantin Zhevago has been served with a notice of suspicion regarding an investigation in Ukraine. Reports over the weekend suggested he had been accused of embezzlement and money laundering at a bank he previously owned.
Woodford Patient Capital Trust’s independent board has held back from giving the boot to Neil Woodford as manager of the investment trust, but said it "continues to evaluate" the role. The board of the trust said it "remains in dialogue with other potential managers