WINNERS & LOSERS: Marechale rallies on digital bank plan; boohoo jumps
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday. 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 are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday. Read More
Tern PLC - London-based 'internet-of-things' focused investor - Announces that it has invested USD280,000 in new unsecured convertible loan notes issued by Device Authority Ltd funded from the proceeds of the recent open offer. The CLNs carry an interest rate of 8% per annum and the CLNs' principal amount and accrued interest are convertible on either a change of control of Device Authority, or a fundraising of at least USD5 million undertaken by Device Authority, or, if neither have occurred on June 30 2027. On a change of control, the CLNs are convertible at a three times multiple to their face value and the value of accrued interest. On a qualifying fundraise the CLNs are convertible at a 25% discount to the qualifying fundraise price. As at June 30 2025, the date of Tern's last published book valuation, Tern's holding in Device Authority had a total unaudited book value of GBP4.0 million. Following the issue of the CLN, Tern's holding in Device Authority will be unchanged and Tern will continue to hold around 25% of Device Authority's equity, although now with a CLN holding of around GBP210,000. As part of the same overall funding round, Device Authority is in the process of raising up to USD1.6 million of funding from existing investors through the issue of CLNs on the same terms. Jane McCracken, interim non-executive chair of Tern, says: "We remain very excited by the potential of Device Authority and our other portfolio companies, and are focused on realising value from them as soon as is appropriate." 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 are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday. 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 are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday. 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
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Friday. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday. Read More
Tern PLC - London-based 'internet-of-things' focused investor - Announces open offer of shares to raise up to GBP643,609. The offer will be on the basis of one new share for each seven existing shares held. Tern will issue up to 107.3 million new shares. The price of 0.60 pence per share is set at a 20% discount to Tern's closing price on Monday. The offer is conditional on a vote of shareholders at a general meeting Tern calls for May 8. No reason for the equity raise is provided in Tern's stock exchange announcement, but it says a circular will be send to shareholders later Tuesday providing the reasons and further details of the offer. Tern in February made an open offer to raise up to GBP384,408. This was to support a raise by Device Authority Ltd, one of Tern's portfolio holdings. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday. Read More
(Alliance News) - The following is a round-up of earnings and trading 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 and trading updates by London-listed companies, issued on Tuesday and Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London closed mostly higher on Friday, following the news that US consumer inflation slowed more than expected last month. Read More