(Alliance News) - World Chess PLC on Wednesday said it has entered a binding subscription agreement with two strategic investors to raise a total of USD2.0 million as it set out plans to consolidate the brand. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday, Thursday and Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced in the past several days and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
World Chess PLC - London-based chess promoter - Launches The World Chess Show, a TV programme featuring top players, behind-the-scenes coverage and tournament streaming, to air in 156 markets across 53 networks. It represents a "premium marketing opportunity" for brands targeting an "affluent, intelligent audience", with a projected 12:1 return on investment for sponsors and advertisers, says World Chess. The show will also promote World Chess' online chess platform Chess Arena. Read More
World Chess PLC - London-based chess promotor - Says subsidiary World Chess Events Ltd has entered into a EUR6 million loan facility agreement with an existing shareholder. The facility can be drawn down and repaid in tranches, with repayment including 4% interest per year and due by December 31, 2025. The initial tranche will be used to refinance an existing short term loan on improved terms, says the firm, with the remaining funds, if drawn down, to be utilised for additional working capital for an expanded marketing programme aimed at promoting chessarena.com. Read More
(Alliance News) - London's FTSE 100 was lower on Wednesday afternoon, with the mood tetchy ahead of next week's UK budget, and as the race for the White House heads towards the home straight. Read More
World Chess PLC - London-based chess promotor - Announces plans to launch the World Chess Tour in 2025. The World Chess Tour will feature weekly online tournaments, six to eight open tournaments in major global cities, two Grand Slam events and a year-end Championship. World Chess says it aims to provide financial incentives on par with the top sporting global events, with prize funds expected to reach up to USD700,000 for the championship. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
World Chess PLC - London-based chess promotor - Launches its new television programme which will be broadcast on "major TV stations globally." Says it is chess new programme is scheduled to air from September 2024 to July 2025. Explains that the programme aims to "enhance the way chess is presented on television, transforming it into a compelling and mainstream TV sport." The series will consist of ten episodes, each about 30 minutes long. Read More
(Alliance News) - World Chess PLC on Friday said it saw its annual loss widen on higher costs, and also reported a drop in revenue. 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) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
World Chess PLC - London-based promoter of chess through chess-related activities - Existing shareholder, who isn't named, agrees to subscribe for 11.7 million new shares at EUR0.07 each, raising EUR816,703 for World Chess. The price is similar to the company's 6.25 pence initial public offering price back in April last year and well above World Chess's current market price. The funds will be received in five tranches between now and May. "We're delighted that an existing shareholder has committed to further increasing their investment in World Chess, emphasising their support in our company, and we look forward to providing further company updates in due course," says Chief Executive Officer Ilya Merenzon. Read More
World Chess PLC - London-based promoter of chess through chess-related activities - Announces launch of Women's Wednesday Online Tournament Series, 'Swiss Queens Wednesday', in partnership with the International Chess Federation. Weekly event is aimed at elevating women's participation in the sport and will be hosted on the FIDE Online Arena platform. Tournaments will start January 31. Read More