(Alliance News) - Foresight Group Holdings Ltd on Thursday said assets and funds under management increased in its recent financial year, amid strong fundraising and strong performances by two venture capital trusts that Foresight manages. Read More
Foresight Group Holdings Ltd - London-based sustainability-focused infrastructure and private equity investment manager - Completes GBP17 million shares buyback announced back in October 2023. Foresight buys back 4.0 million shares during that period, the last of which were bought on Wednesday at an average price of 345.71 pence. Foresight now has 116.3 million shares, of which 2.6 million are still held in treasury, leaving 113.7 million voting rights. Read More
(Alliance News) - Drax Group PLC on Tuesday said it has agreed to buy Harmony Energy Income Trust PLC. Read More
(Alliance News) - Harmony Energy Income Trust PLC on Monday said it has agreed to a possible GBP190.8 million takeover by Foresight Group LLP. Read More
Foresight Group Holdings Ltd - London-based sustainability-focused infrastructure and private equity investment manager - Executive Chair & Co-Founder Bernard Fairman and an associate of Chief Financial Officer Gary Fraser buy 486,936 shares in total at 400 pence, worth GBP1.9 million, on Wednesday. Fairman buys 400,301 shares, while Susan Fraser buys 86,635. The concert party, which also includes Chief Investment Officer David Hughes, now has a 35.1% total holding. The share purchases reflect "their confidence in the company successfully achieving its growth ambitions", Foresight says. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
Foresight Group Holdings Ltd - London-based sustainability-focused infrastructure and private equity investment manager - Assets under management fall 1.6% to GBP12.2 billion as at December 31, from GBP12.4 billion at September 30. Funds under management decrease 2.3% to GBP8.5 billion from GBP8.7 billion. Executive Chair Bernard Fairman says: "During the quarter, our well-established retail sales team remained on track for a record year of fundraising in our tax efficient retail strategies, with over GBP400 million raised year to date. Institutional fundraising included our Private Equity division's launch of its 14th active regional fund in the South West of England, with good progress made towards achieving further closes in Q4 across our Infrastructure and Private Equity divisions. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
Foresight Group Holdings Ltd - London-based sustainability-focused infrastructure and private equity investment manager - Extends share buyback by GBP5 million to a new maximum of GBP15 million. Foresight has bought back around 2.1 million shares for GBP9.9 million at an average price of 464.57 pence since the start of the current programme in October 2023. It was previously extended in June 2024. The company said its board decided continuing the programme is "an optimal use of cash resources". Read More
(Alliance News) - Foresight Group Holdings Ltd reported continued growth in its half-year results on Thursday, driven by momentum across its institutional infrastructure and retail fundraising divisions. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday 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 on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Foresight Group Holdings Ltd on Thursday said assets and funds under management grew in the first half of its financial year, driven by fundraising efforts and the closure of Foresight Energy Infrastructure Partners II. Read More
James Fisher & Sons PLC - Barrow In Furness, Cumbria-based marine services company - Completes GBP12.1 million sale of maritime safety, monitoring and medical equipment distributor Martek Holdings Ltd to a fund managed by investment manager Foresight Group Holdings Ltd. Says sale consists of initial GBP10.6 million payment followed by two GBP750,000 payments to be made on the first and second anniversary of completion. Chief Executive Jean Vernet says the disposal "continues our strategy to simplify the business portfolio and ensure investment remains focused on our core customer markets, including innovative new product development." Proceeds to go towards strengthening the company balance sheet and goal of a 1 to 1.5 times net debt to earnings before interest, taxes, depreciation, and amortization ratio. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced in the past week and not separately reported by Alliance News: Read More
(Alliance News) - Foresight Group Holdings Ltd on Thursday said it will expand the ongoing share buyback programme after reporting strong revenue growth. Read More