AssetCo PLC - London-based advisory and asset management firm - Chief Executive Officer Campbell Fleming buys 140,054 shares via Fleming Flagship Ltd at a price of 71.4 pence per share, worth GBP99,999, in London on Friday. Read More
(Alliance News) - Stocks in Europe largely overcame some early afternoon weakness to end higher on Thursday, after the European Central Bank enacted a historic interest rate hike. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - AssetCo PLC shares jumped on Thursday morning after it confirmed it is in talks to sell some or all of its stake in Parmenion Capital Partners LLP. Read More
(Alliance News) - A large stake in one-time abrdn PLC unit Parmenion may be sold in a deal which values it a significant premium to what the London listing sold it for last year, Sky News reported on Wednesday. Read More
AssetCo PLC - London-based advisory and asset management firm - Elizabeth Hoctor-Duncan, a connected person to Alex Hoctor-Duncan, buys 472,972 shares at GBP0.74, worth GBP350,000, in London on Thursday. Elizabeth Hoctor-Duncan now is interested in 695,742 shares. Alex Hoctor-Duncan is chief executive officer of River & Mercantile Group, which was acquired by AssetCo earlier this year. Read More
AssetCo PLC - London-based advisory and asset management firm - Completes the sale of River & Mercantile US Holdings Ltd for USD8.8 million to Agilis Holdings Company LLC. Read More
(Alliance News) - AssetCo PLC on Friday said that its acquisition of Revera Asset Management Ltd has received approval from the Financial Conduct Authority. Read More
AssetCo PLC - London-based advisory and asset management - Plans share split and cancellation of share premium account in order to make share price more affordable for retail investors and clear the way for dividend payments. Each existing ordinary share will be replaced by 10 new ones. AssetCo notes recent increase in number of retail investors holding its shares. The sub-division will make smaller-sized dealings more efficient, improving trading liquidity, it says. The cancellation of the share premium account will allow for the payment of 13.0 pence per share dividend, or 1.3p after the 1-into-10 split, in the fourth quarter. Afterwards, AssetCo says it intends to adopt a progressive dividend policy. Read More
AssetCo PLC - Middle East-focused provider of management and resources to the fire and emergency services - Anne Dawson, a connected person to Non-Executive Director Jonathan Dawson, buys 19,000 shares at 793 pence each on Thursday, in a deal worth GBP150,670. Jonathan Dawson now holds a beneficial interest in 34,781 shares. Read More
(Alliance News) - AssetCo PLC on Tuesday said it has reached an agreement to buy Edinburgh-based SVM Asset Management Holdings Ltd, building its Scottish presence. Read More
(Alliance News) - AssetCo PLC on Wednesday said it swung to a half-year loss in a busy period for the firm as it bought River & Mercantile Group PLC. Read More
River & Mercantile Group PLC - London-based advisory and asset management company - Shares suspended from trading on Tuesday at request of company with takeover by AssetCo PLC complete. Shares to be cancelled from trading on London Main Market on Wednesday. Read More
River & Mercantile Group PLC - London-based advisory and asset management company - Receives change in control approval from the UK Financial Conduct Authority for takeover by AssetCo PLC. Read More
(Alliance News) - European equities slumped on Thursday, after deep sell-offs in New York on Wednesday as retailers across the Atlantic faced heavy selling pressure following a series of warnings on costs, margins and profits. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
River & Mercantile Group PLC - London-based advisory and asset management company - More than doubles its loss in the first half of its 2022 financial year. It posts a loss of GBP13.4 million for the half-year ending on December 31, widening from GBP6.0 million a year ago. Revenue grows 4.2% to GBP13.5 million from GBP12.9 million. As previously reported, subject to shareholders' approval and change of control permission being granted by the Financial Conduct Authority, River & Mercantile will soon be part of AssetCo PLC, Chair Jonathan Dawson says. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News: Read More