TRADING UPDATES: Gunsynd invests; AQRU launches crypto-backed loans
25th Oct 2022 14:53
(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) - 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) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Lamprell PLC on Thursday said it has signed a contract for Moray West Offshore Wind Farm, worth over USD200 million. Read More
(Alliance News) - Stocks in Europe ended sharply lower on Friday as US Federal Reserve Chair Jerome Powell made price stability paramount, despite the "pain" that will be caused by moves to tame rampant inflation. Read More
(Alliance News) - Thunderball Investments Ltd on Friday said its takeover offer for Lamprell PLC has become unconditional after it said it bought enough shares to get its stake in the company to over 50%. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
Lamprell PLC - United Arab Emirates-based provider of oil field services - UK Financial Conduct Authority restores trading of its shares on London Stock Exchange. Read More
(Alliance News) - Lamprell PLC on Monday reported a widened full-year loss as the firm grappled with lockdowns, travel restrictions and a loss of productivity in the year. Read More
Lamprell PLC - United Arab Emirates-based provider of oil field services - Confirms repayment of USD45 million revolving trade loan facility backed by UAE Export Credit Agency. Read More
Lamprell PLC - United Arab Emirates-based provider of oil field services - Potential buyer Thunderball Investments Ltd, a consortium of Blofeld Investment Management Ltd and Al Gihaz Holding Co, says it agrees to make a formal takeover offer for Lamprell. The consortium companies have a combined stake of 45% in Lamprell. The formal takeover offer worth GBP38.8 million confirms the non-binding offer from July 12. It values Lamprell at 9 pence per share and includes a proposed secured bridging loan with a peak total amount of USD145 million. The formal takeover offer will be send to Lamprell shareholders within 28 days from Friday. Lamprell started considering a sale in June due to its liquidity position and funding requirements of USD75 million. Read More
Lamprell PLC - United Arab Emirates-based provider of oil field services - Notes that it received a combined non-binding indicative all cash offer to buy its entire issued share capital on June 24. The offer is from Blofeld Investment Management and Al Gihaz Holding Co. Both companies have a combined stake of 44% in Lamprell. The offer values Lamprell at 9 pence per share and includes a proposed secured bridging loan with a peak total amount of USD145 million. Read More
Lamprell PLC - United Arab Emirates-based provider of oil field services - Shareholder Sami Al Angari raises stake in company to 18% from 6.6% as at Tuesday last week. Read More
(Alliance News) - Lamprell PLC on Friday confirmed that 19% shareholder Sami Al Angari is in the early stages of mulling a takeover offer for the company, alongside a funding package to support the repayment of Lamprell's existing debt facilities. Read More
Lamprell PLC - United Arab Emirates-based provider of oil field services - Says it has not made initial milestone repayment of USD26.4 million under USD45 million UAE export credit agency backed revolving trade loan facility which was agreed in October 2021. Continues to work with lending banks and also Blofeld Investment Management, which holds 25% stake in Lamprell, in connection with a extension to the payment date. "The group also continues to engage with Blofeld regarding an interim funding solution or bridge financing in connection with a possible offer to acquire the entire issued and to be issued share capital of Lamprell," it says. Read More
(Alliance News) - European equities defied the uncertain global economic outlook and jumped on Friday, posting a first weekly gain in three weeks, as markets begin to price in a slower monetary policy tightening process by the US Federal Reserve. Read More
(Alliance News) - Stock prices in London were higher at midday on Friday as traders and investors pondered remarks by US Fed Chair Powell in two appearances before legislators. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - Lamprell PLC on Friday said it received a "discounted" cash takeover offer from a large shareholder and tat it was in discussions over a potential equity fundraise of USD150 million. Read More