(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Insig AI PLC - London-based data science and machine learning firm - Raises approximately GBP500,000 from an institutional investor following discussions around the establishment of a digital assets fund. Says it placed 1.6 million shares at 31 pence, with the proceeds earmarked for general working capital purposes and the evaluation of strategic options. Says this includes the possible creation of a fund dedicated to investments in digital assets and related enterprises. 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
(Alliance News) - Insig AI PLC on Friday said it is excited by prospects of its existing business and the potential of what it could deliver at scale by investing in new capital, as annual loss narrowed. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and Tuesday and not separately reported by Alliance News: Read More
Insig AI PLC - London-based data science and machine learning firm - Secures a new unnamed client, which is a London-based asset manager with assets under management of more than GBP1 billion, that spcialises in European credit investments. The two companies have entered a commercial deal including both a licence fee and an annual retainer for Insig AI. The firm notes that the initial contract is not material in terms of revenue, but that areas across the client's investment process have been identified where Insig AI's technology can provide value, "providing scope for a broader long-term relationship". 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) - Insig AI on Monday said it has received a purchase order from the UK Financial Conduct Authority for access to its Transparency and Disclosure Index. 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
Insig AI PLC - London-based data science and machine learning firm - Signs licence agreement and revenue share with JP Jenkins, the UK's largest private market place for unlisted securities. Under the deal, JP Jenkins will have access to Insig AI's transparency and disclosure index reports covering more than 40 companies listed on its platform. In return, JP Jenkins will offer Insig AI's services to the companies on its platform. The agreement is for an initial 12 month term but there is no guaranteed minimum income arising from the revenue share. Insig AI Chief Executive Richard Bernstein says: "We are delighted to be partnering with JP Jenkins. In addition to delivering annual licence income, they are an excellent distribution channel for us to access dozens of growing corporates keen to ensure that they adopt transparent disclosures." Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday 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 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 Wednesday and not separately reported by Alliance News: Read More
Insig AI PLC - London-based data science and machine learning - Richard Bernstein moves to chief executive officer from executive chair, as CEO Colm McVeigh leaves the company immediately "to pursue other opportunities". Insig AI says Bernstein will spend more time "engaging with asset managers, prospective customers and commercialising Insig's product offering". Warren Pearson will step down as chief technical officer but remain a company employee focused on product development. To replace Bernstein as chair, Insig AI hires John Wilson to be independent non-executive chair, starting immediately. Wilson is the CEO of Bulgin Ltd, a maker of sealed connectors and components, and is a non-executive director of Volex PLC. 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 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
Insig AI PLC - London-based data science and machine learning firm - Interim loss narrows 36% to GBP1.8 million in the six months to September 30, from GBP2.8 million a year prior. Revenue declines 7.5% to GBP882,478 from GBP953,563. Administrative expenses decrease 33% to GBP2.2 million to GBP3.2 million. Looking ahead, Insig AI says: "Based on our expectations for new business wins in the coming quarter and beyond, we believe that the business has sufficient working capital. However, the board would consider an injection of equity should a potential partner wish to take a strategic equity stake to fast track growth. The board's view is that should this occur, pricing should reflect the value of the company's repository of corporate disclosures and its machine learning and data science expertise." Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Insig AI PLC on Monday launched its Transparency and Disclosure Index, designed to give investors a better sense of how effectively firms are disclosing non-financial information. Read More