CORRECT: Maintel says Executive Chair Carol Thompson to leave post
19th Apr 2024 20:20
(Corrected to clarify that Thompson's resignation is not linked to the delay in the release of results.) Read More
(Corrected to clarify that Thompson's resignation is not linked to the delay in the release of results.) Read More
Critical Metals PLC - London-based developer and operator of the Molulu copper & cobalt project - Says that Chief Executive Officer Russell Fryer has sold 580,000 shares, totalling GBP55,242.80, in a number of transactions. Critical Metals says the sales "took place to meet urgent financial obligations including outstanding tax commitments". Read More
(Alliance News) - Stock prices in London closed up on Friday, as investors showed caution in reaction to Israel carrying out retaliatory strikes on the Iranian central province of Isfahan. Read More
Redx Pharma PLC - clinical-stage biotechnology company - Shareholders pass resolution by 99.75% margin at general meeting to approve cancelling shares on AIM in London. This is now expected to take place on May 1, with last day of trading on April 30. Says it remains the company's intention to provide a matched bargain facility to assist shareholders wishing to trade in shares following the AIM delisting. Says it will make further details available in "due course" on its website. Read More
(Alliance News) - Xeros Technology Group PLC announced on Friday that, with the closure of its retail offer, it had raised approximately GBP110,000. Read More
(Alliance News) - Riverstone Credit Opportunities Income PLC on Friday hails a "robust portfolio performance" its first quarter. Read More
(Alliance News) - UK Commercial Property REIT Ltd on Friday said that returns fell behind its benchmarks in 2023, though it reported narrowed losses on investment properties and cautiously celebrated improvements in the property market. Read More
Eqtec PLC on Friday - Cork, Ireland-based thermochemical conversion technology company - Says it agrees with Verde Corp to the amendement of a subscription letter first issued in early April for the conversion of debt into equity by shareholders Pitcole Ltd and Altair Group Investment Ltd. This comes after it was announced on April 2 that the Verde subscription had been postponed at the request of Verde, and that Eqtec had agreed to this delay in exchange for improved commercial terms with regards to the subscription price for the second tranche and the exercise price of its warrants. Under the new deal, the first subscription is for a cash consideration of GBP500,000 for 21.3 million shares at 2 pence each, or GBP0.024. The second subscription is for GBP1.0 million for 18.9 million shares at 5 pence each, or GBP0.053. Says agreement allows for funds to be received by May 16. Read More
UK Oil & Gas PLC - oil and gas with assets in UK and Turkey - Says it has delivered a tranche of 200.0 million shares to RiverFort Global Opportunities PCC Ltd and YA II PN Ltd to aid the orderly reduction of the balance of a funding facility. Explains that the future conversion of these equity shares will reduce the current GBP545,000 principal balance of the GBP2 million gross first cash sum received. Read More
(Alliance News) - Fair Oaks Income Ltd on Friday reported a fall in net asset value in 2023. Read More
(Alliance News) - Enwell Energy PLC on Friday reported a drop in its quarterly output as conflict in Ukraine persists, and said its current finance chief will step in as interim chief executive officer. Read More
Silverwood Brands PLC - holding company established to invest primarily in branded consumer businesses - Announces capital reduction approved by shareholders last month was confirmed by the court on Tuesday. However, trading of shares on Aquis Growth Market will not restored, as initially expected. This is because the capital reduction only takes effect when the court order is registered by the UK Registrar of Companies. Despite the company's lawyers lodging the court order with the Registrar of Companies on Friday and paying for expedited registration, the Registrar of Companies has not yet registered the court order. Says it has been advised that registration of the order could take eight to 10 days. Says a further announcement will be made in "due course". Read More