WINNERS & LOSERS: S4 Capital surges; Distil mulls funding options
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
Caledonian Holdings PLC - Bingley, England-based investment company focused on financial services - Pretax loss narrows to GBP595,000 in the six months that ended September 30 from GBP2.7 million a year before. Caledonian has no revenue. The change in pretax loss is due to a smaller loss on fair value movements on investments. This is GBP263,000 in the recent half-year, compared to GBP2.6 million a year before. Net assets rise to GBP3.9 million on September 30 from GBP2.9 million a year before. Chair Brent Fitzpatrick notes that Caledonian made its first investment of GBP1 million into AlbaCo Ltd in June and invested another GBP1 million in October. Also since the end of September, Caledonian secured a GBP3.5 million funding package from Yorkville Advisors Global LP to help support AlbaCo, which is seeking a UK banking license to serve small and medium-sized businesses. Read More
(Alliance News) - Caledonian Holdings PLC on Wednesday said it has agreed to buy Aspire Commerce Ltd for an enterprise value of GBP9.5 million. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. 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
(Alliance News) - Stock prices in London were lower at midday on Friday, as shares in WPP continued to slide and weighed on the FTSE 100, threatening a nine-day winning streak. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - Stock prices in London opened lower, threatening a nine-day streak for the FTSE 100, as Princes Group sets its IPO price and house prices rose. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Caledonian Holdings PLC - investment company focused on financial services - Intends to raise additional funds to enable a further investment in AlbaCo Ltd, an investee which on Wednesday received a UK banking license on the condition that it raises at least GBP25 million. AlbaCo received the authorisation from the Prudential Regulatory Authority, alongside the UK Financial Conduct Authority. This regulatory amount will meet the bank's requirements and buffers for at least the next 12 months, as determined by AlbaCo in its projected business plan, Caledonian explains. AlbaCo is set to become Scotland's first bank dedicated exclusively to lending to small and medium-sized enterprises, the company adds. Caledonian currently holds a 3.65% stake in AlbaCo. The firm must make its investment commitment to AlbaCo by mid-September, and so sets a general meeting to obtain shareholder approval for the fundraise for September 12. The proposed fundraising and potential further investment into AlbaCo will be conditional on AlbaCo raising the minimum amount of GBP25 million. Further details regarding the fundraise amount and issue price are yet to be determined, Caledonian says. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and late last week and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
Caledonian Holdings PLC - Edinburgh-based investor in financial services sector - Calls a general meeting for August 6 to approve its share placing. Caledonian on Tuesday last week said it intends to raise GBP1.1 million before expenses through the placing of nearly 30 billion new shares at 0.0035 pence per share. The placing, run by broker Peterhouse Capital Ltd, will nearly double Caledonian's total number of shares. The company currently has a market capitalisation of GBP1.1 million. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
(Alliance News) - Caledonian Holdings PLC on Tuesday announced its first investment under its revamped financial services strategy, agreeing to inject GBP1 million into AlbaCo Ltd, a Scottish challenger bank focused on lending to small and medium-sized enterprises. Read More
(Alliance News) - Caledonian Holdings PLC on Thursday issued a shareholder update for the first quarter, highlighting a successful fundraising, increased total assets, and an ongoing review of its investment portfolio. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More