Zegona Communications PLC - London-based investor in European telecommunications, media and technology sector - Raises EUR300 million from share placing, with the funds to go towards Zegona's acquisition of the Spanish arm of Vodafone Group PLC at an enterprise value of EUR5 billion, including debt. Zegona places 174.4 million new shares at 150 pence each. It intends to raise EUR8 million more via a retail offer at the same price via the PrimaryBid platform. The placing shares will represent 99% of Zegona's share capital upon admission to trading. Read More
Marwyn Value Investors Ltd - St Helier, Jersey-headquartered closed-ended investment company - Managing Partner James Corsellis buys 25,000 shares at GBP0.8575 on Monday, 200,000 shares at GBP0.8475 on Monday and 40,920 shares at GBP0.82 on Tuesday. Worth total GBP224,491.90. Corsellis now owns 5.7 million shares, a holding of around 10% in the company. 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
Marwyn Value Investors Ltd - St Helier, Jersey-headquartered closed-ended investment company with investments including AdvancedAdvT Ltd, 450 PLC and Zegona Communications PLC - Says final amount due from Praesepe value-added tax reclaims is GBP4.9 million and have now been received, after deductions for fees, taxes and other expenses. Including amounts received in 2022, the total received by the Master Fund from the historic VAT reclaims is GBP9.9 million, of which GBP9.7 million is attributable to its share classes. Read More
Marwyn Value Investors Ltd - Says that funds managed by Marwyn Investment Management LLP have made a GBP5 million follow-on investment into Silvercloud Holdings Ltd, through which the investment in bootmaker Le Chameau is held. Says these are intended for Silvercloud to invest in and support the next phase of Le Chameau's expansion plans. Marwyn Value Investors Chief Investment Officer James Corsellis says: "Following growth over the last three years, we are delighted to be able support Le Chameau's expansion plans looking forward to its centenary year in 2027." Read More
(Alliance News) - Capita PLC on Tuesday said it has completed the sale of its businesses CIBS, CHKS, Retain, WFM and Synaptic to London-based acquisition vehicle, AdvancedAdvT Ltd in a reverse takeover. Read More
(Alliance News) - Capita PLC on Thursday said it will sell five non-core software businesses to London-based acquisition vehicle AdvancedAdvT Ltd, in what the latter said will constitute a reverse takeover. Read More
Marwyn Value Investors Ltd - St Helier, Jersey-headquartered closed-ended investment company with investments including AdvancedAdvT Ltd, 450 PLC and Zegona Communications PLC - Says wholly owned subsidiary Marwyn Acquisition Company II Ltd has appointed Will Self as chief executive officer. MAC II was founded in July 2020 and is seeking acquisition opportunities in the financial services sector. Self previously was CEO at Curtis Banks Group PLC from January 2019 to October 2022. Before this he was CEO of Suffolk Life from July 2013 until its acquisition by Curtis in December 2018, at which point Self became deputy CEO at Curtis. 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 earnings updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Unbound Group PLC on Wednesday said it had received a GBP10 million offer of investment from Marwyn Investment Management LLP via a placing at 10.5 pence per share. 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 Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Marwyn Value Investors Ltd said on Monday that a VAT reclaim totalling GBP3 million has been settled. 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
Marwyn Value Investors Ltd - investment company managed by Marwyn Asset Management Ltd - Says the first of Praesepe VAT reclaims in which the master fund has an interest has been agreed by HMRC. Master fund will receive GBP1.1 million in relation to the claim. Notes uncertainty about the timing and amount of any future reclaims to be repaid by HMRC. Read More
Marwyn Value Investors Ltd - Investment company managed by Marwyn Asset Management Ltd - Managing Partner Mark Watts sells 1.3 million shares at 94 pence each, worth GBP1.2 million, in London on Wednesday. Watts now interested in 3.2 million shares, a 5.6% stake. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and Thursday and not separately reported by Alliance News: Read More