EARNINGS AND TRADING: Smoove says acquisition by Digcom approved
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday 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 Friday and not separately reported by Alliance News: Read More
Smoove PLC - Oxon, England-based software solutions provider for the housing market - Says regulatory conditions of its takeover have now been satisfied or, where applicable, waived. In October, Smoove said it had agreed a GBP30.8 million takeover from Digcom UK Holdings Ltd, an indirect subsidiary of Pexa Group Ltd. Sydney-listed Pexa which operates Pexa Exchange, a digital property settlements platform in Australia said it believes there is a significant opportunity for Smoove's existing customers to benefit from its digital property settlements platform and wider service offering. Read More
Smoove PLC - Oxon, England-based software solutions provider for the housing market - Kestrel Partners LLP buys 1.3 million shares at an average 52 pence each for its discretionary clients on Friday. Worth total GBP676,000. Oliver Scott, a non-executive director of Smoove, is a partner of Kestrel. He is also a shareholder in one of Kestrel's clients, Kestrel Opportunities, and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in Smoove. Kestrel Opportunities holds, and consequently Scott is deemed to have a beneficial interest in, 10.7 million shares in Smoove. Other clients of Kestrel, in which Scott has no beneficial interest hold 6.3 million shares in the company. In total, Kestrel indirectly holds voting rights over 17.0 million shares in the company, around 30% of its share capital. Read More
(Alliance News) - Oryx International Growth Fund Ltd on Friday noted bids for its holdings in Tribal Group PLC, Pendragon PLC and Smoove PLC. Read More
(Alliance News) - Smoove PLC on Wednesday said it had agreed a GBP30.8 million takeover from Digcom UK Holdings Ltd, an indirect subsidiary of Pexa Group Ltd. Read More
(Alliance News) - Smoove PLC on Friday announced that it extended the deadline for Pexa Group Ltd to make a possible takeover offer for the fifth time, now running until October 6. Read More
Smoove PLC - Oxon, England-based software solutions provider for the housing market - Extends deadline for Pexa Group Ltd to announce its intention to make an offer for the takeover of Smoove Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
Smoove PLC - Oxon, England-based software for housing market - Says discussions with Pexa Group Ltd regarding a possible cash takeover offer for Smoove have advanced, and a formal due diligence process has begun. The deadline by which Pexa is required to announce its intention to make a formal offer for Smoove has been extended to August 11. Read More
Smoove PLC - Oxon, England-based software solutions provider for the housing market - Says it performed in line with company expectations in the year ended March 31 against a "highly uncertain" market and macroeconomic backdrop. Pretax loss widens to GBP5.8 million from GBP5.4 million as cost of sales tick up to GBP12.8 million from GBP11.4 million and administrative costs rise to GBP13.8 million from GBP12.6 million. More positively, revenue increases to GBP20.6 million from GBP19.2 million year-on-year. Read More
Smoove PLC - Thame, England-based provider of online services for conveyancing and financial intermediary markets - Signs strategic agreement with Mortgage Advice Bureau Holdings PLC to provide conveyancing comparison and related home-buying support services. The deal also includes DigitalMove onboarding for Mortgage Advice customers, so they can interact with their chosen professional specialists. Read More
Smoove PLC - Thame, Oxfordshire-based provider of online services for conveyancing and financial intermediary markets - Extends deadline for potential takeover offer by PEXA Group Ltd, a Sydney, Australia-based operator of PEXA Exchange, a digital property settlements platform in Australia to June 16 from May 22. Pexa now has until the new date to announce a firm intention to make an offer, or that it does not intend to make an offer for Smoove. Read More
Smoove PLC - Thame, Oxfordshire-based provider of online services for conveyancing and financial intermediary markets - Says revenue in 2022 increased around 7% to GBP21 million from GBP19 million the year prior, as conveyancing completions grew by 44% to 53,224 from 36,965 in 2021. Year-end cash balance was around GBP10 million, down 50% from GBP20 million in 2021, which reflects ongoing planned investment and the return of GBP3.7 million to shareholders in January 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) - 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) - Smoove PLC on Monday confirmed it was in early talks regarding a potential cash takeover offer from PEXA Group Ltd. Read More
Smoove PLC - Thame, Oxfordshire-based company provider of online services for conveyancing and financial intermediary markets - Says its conveyancer comparison platform eConveyancer has launched a panel management partnership with Mojo Ltd. Read More
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More