TRADING UPDATES: Cygnus shareholders back Central Asia Metals merger
18th Sep 2026 20:08
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday 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 Friday and not separately reported by Alliance News: Read More
Central Asia Metals PLC - copper, zinc and lead producer and explorer with operations in Kazakhstan and North Macedonia - Issues update on its planned acquisition of Cygnus Metals Ltd. Conditions that need to be satisfied or waived include consent in Kazakhstan for the issue of new Central Asia Metals shares pursuant to the Australian scheme of arrangement for the acquisition. Says its application is in progress, and the current timetable requires a decision no later than October 1. Says it might not obtain this approval before the Cygnus scheme meeting scheduled for Friday, or before the second court date, which is currently scheduled for September 23. Cygnus has advised the company that it may apply to defer the court date "to the earliest practicable date following receipt of the Kazakhstan regulatory approval and/or seek the court's approval to treat the Kazakhstan regulatory approval as a condition subsequent." Central Asia Metals, however, "is not aware of any specific reason why the Kazakhstan regulatory approval will not be received in the ordinary course." Read More
Central Asia Metals PLC - copper, zinc and lead producer and explorer with operations in Kazakhstan and North Macedonia - Announces that at its extraordinary general meeting on Friday, shareholders passed the resolution to authorise the allotment of new shares for the proposed acquisition of Cygnus Metals Ltd. Adds that it has engaged Australian financial advisory firm Bell Potter to assist Cygnus shareholders to execute trades on the London Stock Exchange's AIM market, once the acquisition is complete. Central Asia Metals announced the proposed AUD232 million, or around USD165.8 million, takeover of Perth, Australia-based miner Cygnus in June. Cygnus shareholders are entitled to receive 0.06 new Central Asia Metals shares for each Cygnus share. Central Asia Metals shareholders are expected to own around 70% of the enlarged company. Read More
(Alliance News) - Central Asia Metals PLC on Tuesday said it has received conditional approval for a listing on the Toronto Stock Exchange. Read More
(Alliance News) - UK house price growth remains subdued in August despite a modest monthly recovery. Bunzl upgrades its full-year outlook and announces a GBP500 million share buyback, while Bodycote and Gamma Communications accept takeover offers. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - on Thursday, as markets await the imminent start of the Jackson Hole summit and Federal Reserve Chair Kevin Warsh's Friday speech. Read More
(Alliance News) - Stock prices in London were mixed midday on Wednesday, amid hopes of easing constraints on global oil markets, and as investors continue to eye Nvidia results and US personal consumption expenditures. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday. Read More
(Alliance News) - Central Asia Metals PLC on Wednesday reported increased first half revenue and profit, propelled by record high copper prices and consistent production. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Central Asia Metals PLC on Tuesday said it has proposed to buy Cygnus Metals Ltd for AUD232 million, about USD166.5 million. Read More
(Alliance News) - British American Tobacco says it remains on track to meet full-year guidance, British Land appoints a new chief executive, and Elementis completes the sale of its pharmaceutical manufacturing business and unveils plans for a roughly USD35 million share buyback. Read More