TRADING UPDATES: LoopUp, Surface raise capital; MaxCyte wins deal
28th Sep 2022 21:38
(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) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Morses Club PLC - Nottingham, England-based home collected credit provider and online lender - Agrees with its current funding consortium on an extension for its term-out clause to January 2023, from September 2023, with the facility remaining in place until March 31 next year. Reduces facility to to GBP25 million from GBP35 million, in line with revised funding requirements. Also agrees to continue temporary deferral of the testing of two covenants linked to profitability until October 2022. Read More
(Alliance News) - Morses Club PLC on Thursday reported a swing to loss in financial 2022, due to a higher level of unaffordable lending claims, but recorded increased revenue. Read More
Morses Club PLC - Nottingham, England-based home collected credit provider and online lender - Expects to meet its financial year guidance it released in July. Read More
(Alliance News) - Morses Club PLC on Thursday said it has paused the processing of all new redress claims for "unaffordable lending", with immediate effect. Read More
(Alliance News) - Blue-chip European equities dramatically gave up morning gains by Wednesday afternoon, as an EU energy crisis loomed, grabbing more market attention as the session progressed. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
(Alliance News) - Shares tumbled in Morses Club PLC on Wednesday after saying it will pursue a scheme of arrangement to deal with customer redress claims for "unaffordable lending". Read More
(Alliance News) - Stocks in Europe got out of the gates strongly on Wednesday, as eyes turn to central banks following a higher-than-expected UK inflation reading and ahead of monetary policy decisions from the Bank of Japan and European Central Bank on Thursday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - Shares dropped in Morses Club PLC on Tuesday after the doorstep lender admitted that an increase in complaints could badly affect its trading performance for the first half of its financial year. Read More
Morses Club PLC - Nottingham, England-based home collected credit provider and online lender - Delays release of results for financial year that ended on February 26 from May to "no later than 26 August 2022". Morses Club says: "An update on the expected date of results will be provided in due course following the completion of the audit process." It adds that arrangements for its annual general meeting, which it says will be held virtually, will be announced separately. Read More
Distribution Finance Capital Holdings PLC - Manchester-based bank providing personal savings products and working capital to dealers and manufacturers - Hires Sheryl Lawrence to be senior independent non-executive director, starting on May 16. Lawrence currently is an independent non-executive director of home-collected credit provider Morses Club PLC. As an executive, she held senior roles at Barclays PLC, Lloyds Banking Group PLC and Banco Santander SA. As senior director at Distribution Finance, Lawrence replaces Mark Stephens, who was promoted to non-executive chair back in February. 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
Morses Club PLC - Nottingham, England-based home collected credit provider and online lender - Issues profit warning for its financial year ending February 26, with higher costs set to reduce adjusted pretax profit by between 20% to 30% below market consensus of GBP7.5 million. Morses Club explains this was due to its Home Collected Credit division being recently hit by a "rapid" increase in claim volumes submitted via claims management companies. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More
DIRECTOR DEALINGS: Crest Nicholson chief executive buys shares Read More
EXECUTIVE CHANGES: Morses Club taps DWF CEO Nigel Knowles as new chair Read More