Severfield agrees new three-year banking facility on improved terms
(Alliance News) - Severfield PLC on Friday said it has signed a new three-year banking facility agreement with its existing lending syndicate. Read More
(Alliance News) - Severfield PLC on Friday said it has signed a new three-year banking facility agreement with its existing lending syndicate. Read More
Ascent Resources PLC - oil and gas exploration and production firm with principal assets in Slovenia and the US - Says the in-progress audit of its 2025 accounts is taking longer than expected. Attributes this to delays in the consolidation of its US acquisitions, due to system issues affecting its US accounting firm, and to the amount of work needed to capture acquisitions from May last year in its audit cycle. Results will therefore be published after June 30, the deadline provided by AIM's rules. Ascent shares will therefore be temporarily suspended from trading on AIM, effective from 0730 BST on July 1, until the company releases its accounts. Ascent currently expects to do so before the end of July. Says it is working closely with its auditors to complete the audit process as soon as practically possible, and that it will give further updates as appropriate. Read More
Enwell Energy PLC - Ukraine-focused oil and gas exploration and production company - Says all resolutions were passed at its annual general meeting on Friday morning, except for resolution 2, to re-elect non-executive chair Chuck Valceschini as a director. The resolution received 11.82% of votes in favour, but 88.18% against. Consequently, Valceschini has ceased to be a director, effective immediately. Enwell says Finance Director Bruce Burrows will act as interim chair until it appoints Valceschini's permanent successor. Read More
(Alliance News) - Zenith Energy Ltd on Friday responded positively to the European Commission's approval of a EUR23 billion Italian State aid scheme to support renewable electricity production. Read More
(Alliance News) - Shell PLC on Friday announced a pause in its USD3.0 billion share buyback programme until mid-July. Read More
(Alliance News) - McBride PLC shares fell on Friday, after it announced that "sustained cost increases" since April have exceeded its initial expectations. Read More
(Alliance News) - UK Oil & Gas PLC on Friday said it has agreed to sell its entire 85.64% interest in the Horse Hill oil field and surrounding PEDL137 licence in Surrey to energy B PLC for GBP1.0 million in cash. Read More
(Alliance News) - The homeware seller Dusk Retail Ltd is considering an initial public offering in London which could value the company at GBP300 million, Sky News reported on Friday. Read More
(Alliance News) - Stock prices in London were sharply higher at midday Friday, with airline stocks leading gains after reports of progress towards a deal to reopen the Strait of Hormuz sent oil prices tumbling and boosted risk appetite across global markets. Read More
(Alliance News) - Virgin Wines UK PLC on Friday announced plans to exit its Bolton warehouse early next year, having leased a new one in Preston, and issued guidance for its current financial year that was below consensus expectations. Read More
(Alliance News) - MP Evans Group PLC on Friday said its crop harvest increased in the first five months of the year. Read More
(Alliance News) - boohoo Group PLC on Friday said it has reduced future cash obligations by subletting a US distribution site. Read More