LONDON BROKER RATINGS: Jefferies raises Great Portland to 'hold'
13th Jun 2024 09:37
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - Stock prices in London were higher at midday Wednesday, ahead of an interest rate decision and inflation data from the US. Read More
(Alliance News) - Molten Ventures PLC on Wednesday said it adapted to an environment of higher interest rates as it remained optimistic for a shift towards a more-favourable investment climate. Read More
(Alliance News) - Stock prices in London opened higher on Wednesday, as investors shook off news that the UK's economy stalled in April. Read More
(Alliance News) - Flutter Entertainment PLC on Friday said Chief Financial Officer Paul Edgecliffe-Johnson will leave the company immediately, as the gambling operator completes its shift to a US primary listing. Read More
(Alliance News) - Ocado Group PLC's stint in the FTSE 100 is set to end, with another technology firm Darktrace PLC set to replace it in the top flight, according to indicative index changes by FTSE Russell on Tuesday. Read More
(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, September 18, after completing its quarterly review. Read More
(Alliance News) - Baillie Gifford UK Growth Trust PLC on Friday reported an annual decline in net asset value, as property developer Helical PLC and venture capital firm Molten Ventures PLC were cited as the largest detractors. Read More
(Alliance News) - Molten Ventures PLC on Thursday reported a fall in net asset value per share over financial 2023. Read More
(Alliance News) - Ocado Group PLC's five-year stint in London's top-flight index is under threat, after a tough run which has seen the grocer's shares plunge 35% since the turn of the year. Read More
(Alliance News) - Molten Ventures PLC on Thursday said it expects a fall in net asset value per share at March 31, and its gross portfolio value is also projected to decrease. Read More
Molten Ventures PLC - Tech-focused venture capital firm - Notes portfolio company Ledger closes Series C extension round. Says extension round maintains Ledger's valuation at EUR1.3 billion and was supported by new and existing investors. Adds extension will enable Ledger to further ambitions on blockchain. "Ledger continues to grow rapidly with recent cryptocurrency newsflow highlighting the importance of secure consumer devices. Ledger has sold over six million devices, securing more than 25% of the world’s cryptocurrencies and over 30% of the world's non-fungible tokens. This extension round will enable Ledger to further its global ambitions and accelerate its drive to support blockchain innovation," Molten Ventures says. Chief Executive Officer Martin Davis adds: "This latest round is testament to the strength of Ledger's business and its revolutionary technology that will continue to play a critical role in the future of crypto assets and blockchain." Read More
(Alliance News) - Molten Ventures PLC on Tuesday said that Chair Karen Slatford has decided to retire, after nearly seven years in the post. Read More
(Alliance News) - Molten Ventures PLC said on Thursday it syndicated a portion of its Fund of Funds programme to Castle Investments, the private family office investment vehicle of entrepreneur Tommy Kelly. Read More
(Alliance News) - Molten Ventures PLC on Monday said net asset value fell in its recent half-year, as it warned uncertainty will continue in the medium-term due to the wider macroeconomic climate. Read More
(Alliance News) - Molten Ventures PLC on Wednesday said it expects its gross portfolio value to grow but net asset value to fall on lower realisations as the technology sector declines. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More
Molten Ventures PLC - London-based venture capital firm focused on technology companies - Agrees new GBP150 million net asset value facility with JP Morgan Chase Bank NA and Silicon Valley Bank. The debt facility comprises a GBP90 million terms loan and a revolving credit facility of up to GBP60 million on a three and two year basis, respectively. Both have one-year extensions for up to five years and the interest rate is sterling overnight index average plus a margin of 5.5% per year. Read More