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Lastest Finance News

IN BRIEF: Redx Pharma shareholders approve AIM delisting plans

19th Apr 2024 16:02

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

Xeros Technology closes retail offer having raised GBP110,000

19th Apr 2024 14:28

(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

Riverstone Credit net asset value unchanged in first quarter

19th Apr 2024 14:26

(Alliance News) - Riverstone Credit Opportunities Income PLC on Friday hails a "robust portfolio performance" its first quarter. Read More

UK Commercial Property NAV underperforms but losses narrow in 2023

19th Apr 2024 14:23

(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

IN BRIEF: Eqtec and Verde agree to amendment of subscription letter

19th Apr 2024 14:18

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 shareholder meetings calendar - next 7 days

19th Apr 2024 13:09

UK dividends calendar - next 7 days

19th Apr 2024 13:09

UK earnings, trading statements calendar - next 7 days

19th Apr 2024 13:07

IN BRIEF: UK Oil & Gas delivers tranche of 200.0 million shares

19th Apr 2024 12:58

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

Fair Oaks cuts dividend after performance slumps in 2023

19th Apr 2024 12:38

(Alliance News) - Fair Oaks Income Ltd on Friday reported a fall in net asset value in 2023. Read More

Enwell Energy says quarterly production hurt by war in Ukraine

19th Apr 2024 12:34

(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

IN BRIEF: Silverwood trade restoring delayed despite capital reduction

19th Apr 2024 12:34

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

TOP NEWS: Mondi pulls out of DS Smith takeover race

19th Apr 2024 12:22

(Alliance News) - Mondi PLC on Friday said it does not plan on making an offer for DS Smith PLC, as the tussle for the FTSE 100 listed firm took another turn. Read More

Shanta Gold buy by Saturn Resources approved by Kenyan authorities

19th Apr 2024 12:22

(Alliance News) - Shanta Gold Ltd said on Friday that its takeover by Saturn Resources Ltd, received unconditional approval from a variety of different authorities. Read More

IN BRIEF: Sareum falls as issues shares to RiverFort Global

19th Apr 2024 12:16

Sareum Holdings PLC - Cambridge, England-based pharmaceutical company - Issues 3.0 million new shares in the company to RiverFort Global Opportunities PCC Ltd. Issue is in line with facility announced in August. Says facility has an outstanding balance of GBP220,000. Read More

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