TRADING UPDATES: Velocys agrees bid, Helical lets office to Sainsbury
5th Dec 2023 17:54
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Capita PLC reported an accelerated financial performance and strong growth momentum for its adjusted half-year results, although statutory earnings were less positive. Read More
(Alliance News) - Capita PLC on Tuesday said it has completed the sale of its businesses CIBS, CHKS, Retain, WFM and Synaptic to London-based acquisition vehicle, AdvancedAdvT Ltd in a reverse takeover. Read More
(Alliance News) - Advancedadvt Ltd announced on Friday that it swung to a profit in its recent financial year on the back of several successful acquisitions. Read More
(Alliance News) - Capita PLC on Thursday said it will sell five non-core software businesses to London-based acquisition vehicle AdvancedAdvT Ltd, in what the latter said will constitute a reverse takeover. Read More
Marwyn Value Investors Ltd - St Helier, Jersey-headquartered closed-ended investment company with investments including AdvancedAdvT Ltd, 450 PLC and Zegona Communications PLC - Says wholly owned subsidiary Marwyn Acquisition Company II Ltd has appointed Will Self as chief executive officer. MAC II was founded in July 2020 and is seeking acquisition opportunities in the financial services sector. Self previously was CEO at Curtis Banks Group PLC from January 2019 to October 2022. Before this he was CEO of Suffolk Life from July 2013 until its acquisition by Curtis in December 2018, at which point Self became deputy CEO at Curtis. Read More
M&C Saatchi PLC - London-based advertising agency - Hires Zillah Byng-Thorne as board chair, replacing Gareth Davis at the company's annual general meeting in June. Byng-Thorne is the long-serving chief executive officer of magazine publisher Future PLC, but she is leaving that post on Friday. She also is set to be chair of website reviews platform Trustpilot Group PLC, starting on Monday. Read More
(Alliance News) - AdvancedAdvT Ltd on Tuesday reported an increase in its net asset value in the first two months of the second half of the financial year. Read More
Next Fifteen Communications Group PLC - London-based digital marketing firm - Voters at court meeting do not accept Next Fifteen's bid to buy London-based advertising agency M&C Saatchi PLC. M&C says over 89% of voters decide against the proposal. The outcome was expected. "As a result of the failure to pass the required resolution at the M&C Saatchi reconvened court meeting, the scheme has lapsed and the acquisition of M&C Saatchi PLC by Next 15 has terminated," Next 15 says. Company adds: "Next 15 will always maintain pricing discipline when pursuing its M&A strategy, which may result in certain transactions not proceeding. The board remains highly confident in the Next 15 group's future prospects." Read More
Next Fifteen Communications Group PLC - London-based digital marketing firm - Admits that takeover offer for London-based advertising agency M&C Saatchi PLC is unlikely to be approved by M&C Saatchi shareholders at a general meeting called for October 31. London-listed takeover vehicle AdvancedAdvT Ltd and its chair Vin Murria, who together hold 22% of M&C Saatchi shares, are bound to vote against the scheme, due to a previous statement, Next 15 notes. AdvancedAdvT's rival offer for M&C Saatchi lapsed at the end of last month. While the board of M&C Saatchi at first had favoured Next Fifteen's offer, a decline in the Next Fifteen share price caused the M&C Saatchi board in June to withdraw support for the offer, which was a mix of cash and shares. Read More
(Alliance News) - AdvancedAdvt Ltd on Friday reported a significantly widened loss after its failed attempt to acquire advertising agency M&C Saatchi PLC, but it retained significant cash for further acquisitions. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week and not separately reported by Alliance News: Read More
M&C Saatchi PLC - London-based advertising agency - Board continues to unanimously reject takeover offer from AdvancedAdvT Ltd, as Friday deadline for acceptances looms. AdvancedAdvT is M&C Saatchi's largest shareholder, and it is chaired by Vin Murria, a former member of M&C Saatchi's board. Under AdvancedAdvT's offer, shareholders in M&C Saatchi would receive 2.043 new shares in AdvancedAdvT and 40p in cash, or receive 2.530 new AdvancedAdvT shares. Read More
(Alliance News) - AdvancedAdvT Ltd on Thursday urged shareholders in M&C Saatchi PLC to accept the final offer made in an acquisition attempt as it issued an update on acceptance levels. Read More
(Alliance News) - Advertising agency M&C Saatchi PLC on Thursday once again called on its shareholders to reject a takeover bid by AdvancedAdvT Ltd, after the latter moved to expedite proceedings. Read More
(Correcting net revenue for the first half of 2021.) Read More