AIM-listed transport company Rotala has completed the acquisition of Heathrow airport passenger link service Hotel Hoppa from National Express for £2m.
Shares in UK transport solutions provider Rotala were up almost 3% after it recorded a triple-digit rise in full-year pre-tax profit and said trading in the current year was in line with budget.
Rotala subsidiary Diamond has agreed a deal with Arriva Midlands North, a subsidiary of Arriva, to take on the majority of the Arriva Wednesfield operation.
Bus operator Rotala has won a series of new contracts with Transport for the West Midlands (TfWM).
AIM-listed bus operator Rotala announced on Wednesday that it has won three new contracts in the UK.
Bus operator Rotala updated the market on its current trading on Thursday, saying it made good progress during the year and the longer term trading outlook remained in line with market expectations.
Bus and coach operator Rotala's half year revenues increased due to the acquisition of OFJ Connections, while it remains positive about the Buses Bill in parliament.
Transport company Rotala has acquired Wigan Coachways for a cash consideration of £213,000.
Harwood Capital, acting as investment manager on behalf of North Atlantic Smaller Companies Investment Trust PLC, picked up another large batch of shares in EKF Diagnostics.
Rotala's buses were chugging along on Thursday, as the company updated the market on the year to 30 November, with language reflecting a relatively flat year.
Rotala's chairman has purchased another 113,000 shares in the company through his family trust.
Rotala has purchased OFJ Connections' Heathrow operations for £1.3m.
Standard Chartered's top brass had a massive payday on Wednesday.
The non-executive chairman of Rotala sold 245,256 shares in the transport company, just a day after it posted a drop in first half profits.
Shares in transport company Rotala were down slightly after the company posted a drop in first half profits.
Rotala has purchased the business, brand and coach fleet of Wings Luxury Travel for £1.5m.
Director Lee Hau Hian has bought a further raft of shares in FTSE 250 chemicals company Synthomer, after its shares had fallen to a 12-month low in the wake of mixed interim results recently.
Wolfhart Hauser, who joined the board of Reed Elsevier in early 2013, has spent £39,791 on building his stake in the business publishing group.
Rotala's first half profit before tax was up 12% on Thursday, boosted by acquisitions made in March 2013.
Afren: Oriel cuts target price from 145p to 125p, while upgrading from hold to buy. Canaccord Genuity moves from hold to a speculative buy with a target price of 120p.