The effect of the standstill agreement is to commit all signatories to maintain their present shareholdings, which amount in aggregate to 50.58% of Galasys' issued share capital, such that none will buy or sell shares during the next nine months.
Tern’s Device Authority, which provides security software solutions, was recognised in the Cloud and Emerging Technology Security 2016 report by the technology research group Gartner.
Over at drug discovery group e-Therapeutics PLC (LON:ETX), it announced a deal to acquire an internet search engine for up to £2.32mln.
Searchbolt, the business being bought, was spun-off from ETX when the latter was listed on stock market in 2007.
The AIM quoted oil and gas junior told investors that the Italian Ministry of Economic Development (UNMIG) has now given the green light for the project.
The Araguaia project contains 72mln tonnes of ore in the indicated category, grading 1.33% nickel, while Glencore’s neighbouring project that Horizonte acquired last year has 105mln tonnes.
Meanwhile, Red Rock Resources Plc (LON:RRR) is poised for a royalty boost after Para Resources, to which it sold the El Limon mine in Colombia, has bought further concessions in the South American country.
It has bought three small operating mines - part of 17,000 hectares - for US$1mln in the Segovia gold belt in north-east Colombia, which are set to provide additional feed material to the El Limon plant, allowing it to exceed the 200 tonnes per day plant capacity.
Over at Versarien PLC (LON:VRS), the group is to work with winter sports olympian Kristan Bromley to develop a range of graphene-enhanced skeleton boards for the Winter games in 2018.
Bromley Technologies and Versarien will also collaborate on ways to use graphene nano platelets to boost the performance of carbon fibre structures used in other elite sports.
AIM-listed video production company Ten Alps PLC (LON:TAL) won this year’s best factual series BAFTA for its Channel 4 documentary, ‘The Murder Detectives’.
The three-part series aired in November last year followed the 18 month police investigation into the murder of 19-year-old Nicholas Robinson after he was stabbed in March 2014.
And finally, Antonio Banderas has accepted a role in the world’s first equity crowdfunded Hollywood film.
Salty, which raised a record-breaking £1.9mln via crowdfunding platform SyndicateRoom, will star the award-winning Spanish actor in the lead role.