(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
Hargreaves Services PLC - Durham, England-based provider of services for environmental, infrastructure and property sectors - Announces its selection by Sizewell C Ltd to design, procure, manufacture, test and commission three foul water treatment facilities needed for the Sizewell C nuclear power project's construction. Expects to deliver the contract over two years, starting in early 2027. Hargreaves says the win "further strengthens [its] position within the UK infrastructure and energy sectors". Expects it to contribute revenue, and to underpin existing revenue and underlying pretax profit forecasts, for the years ending May 31, 2027 and 2028, and says it provides additional visibility over its medium-term workload and order book. Cites market consensus of GBP292.1 million in revenue and GBP17.9 million in underlying pretax profit for financial 2027, and of GBP305.2 million in revenue and GBP18.6 million in profit for financial 2028. Read More
(Alliance News) - DCC Energy agrees to sell its technology division for USD725 million, Airtel Africa's mobile money business prepares to begin trading in London, and Permanent TSB attracts takeover interest from Scotchstone Capital. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Hargreaves Services PLC - Durham, England-based provider of services for environmental, infrastructure and property sectors - Harwood Capital Management Ltd, an investment vehicle of director Nicholas Mills, sells 110,000 shares at 820.0 pence, worth GBP902,000, on Wednesday. Mills now is interested in a total of 7.9 million shares, a 25.6% stake, via Harwood Capital LLP, Oryx International Growth Fund Ltd, and North Atlantic Smaller Cos Investment Trust PLC. Read More
Hargreaves Services PLC - Durham, England-based provider of services for environmental, infrastructure and property sectors - Gordon Banham, who stepped down as chief executive officer at the end of July, buys 490,000 shares via GB Holdings (2021) Ltd at 820.4 pence, worth GBP4.0 million. Banham's investment vehicle subsequently pledges all 490,000 shares as security against a loan facility with LGT Bank AG. Banham, who was replaced as CEO by Simon Hicks, now holds 3.1 million shares, a 10.1% stake. Non-Executive Director Nicholas Mills sells the same number of shares at 820.0p, also worth GBP4.0 million. Mills now is interested in 8.0 million Hargreaves Services shares, a 25.9% stake, directly and via Harwood Capital LLP and London-listed funds North Atlantic Smaller Cos Investment Trust PLC and Oryx International Growth Fund Ltd. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced last week and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - European equities came under pressure heading into Wednesday afternoon, despite a solid start, though the FTSE 100 managed to hit a record high as corporate earnings impressed. 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) - Hargreaves Services PLC on Wednesday said it expects to report full-year revenue ahead and pretax profit in line with current market expectations. Read More
Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Wednesday and Thursday last week and not separately reported by Alliance News: Read More
(Alliance News) - Tungsten West PLC on Wednesday provided an optimistic project update following a successful fundraise, allowing it to pay the balance outstanding for mineral rights from Hargreaves Services PLC. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Friday. Read More
Hargreaves Services PLC - Durham, England-based provider of services for environmental, infrastructure and property sectors - Calls general meeting for April 29 to approve an increased tender offer for its shares. With its interim results in January, Hargreaves Services set out plans for a GBP15 million tender offer to return capital to shareholders. On Friday, Hargreaves Services raises this to GBP20 million. It sets the tender offer price at 850 pence per share, which it notes is a 27% premium to the stock's market price on January 27, the day before it first announced the tender offer. The offer represents 7.1% of Hargreaves Services total equity, and each shareholder may tender up to 7.1% of their own holding. Hargreaves Services has a market capitalisation of GBP251.60 million. The tender offer will be run by Singer Capital Markets Securities Ltd. Read More