(Alliance News) - Videndum PLC on Tuesday said it has completed the bookbuild of open offer shares as part of its capital raising of around GBP125 million. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
Videndum PLC - London-based manufacturer of hardware and software for the content creation market, including broadcasters and film studios - Proposes GBP125 million underwritten capital raise via firm placing, placing and open offer of 46.9 million shares for 267 pence per share. Intends to raise GBP75 million via firm placing, and GBP50 million via the placing and open offer. Says will use GBP44.2 million in net proceeds to fund the repayment and cancellation of its outstanding term loans, which relate to its acquisitions of Savage and Audix. Further, GBP72.5 million will be used to repay drawings under its GBP200 million revolving credit facility. Videndum says 28.1 million shares will be issued via firm placing to raise GBP75 million gross, and 18.7 million shares will be issued through the placing and open offer to raise GBP50 million gross. The raise is subject to shareholder approval. Videndum says that it received irrevocable undertaking from Alantra that confirms its intention to vote in favour of the resolution for the capital raise with over 21% of existing shares. Further, Aberforth Partners confirms is intention to vote in favour, with 9.5% of existing shares. Read More
(Alliance News) - Videndum PLC on Thursday announced the hiring of Stephen Harris as its chairman designate, while markets celebrated news that a deal has been struck to end the Hollywood actors' strike. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
Videndum PLC - London-based manufacturer of hardware and software for the content creation market, including broadcasters and film studios - Marco Vidali, divisional chief executive officer of Creative Solutions, buys 17,500 shares at GBP3.14 each, worth GBP54,994. Buys shares in US, on Friday last week. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
(Alliance News) - London's FTSE 100 outperformed on a day of wider risk aversion for global markets, with US government shutdown fears keeping a lid on enthusiasm. Read More
(Alliance News) - Videndum PLC on Tuesday reported a significantly lower interim profit, blaming the writers' strike in the US, as it announced that Chair Ian McHoul will not seek re-election at the company's annual general meeting in 2024. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - Equities in Europe closed lower on Thursday, with markets still unsteady after a US credit rating cut on Wednesday, though London-listed property firms got a slight boost, on the view that the end of the Bank of England's hiking cycle is in sight. Read More
RM PLC - Abingdon, England-based supplier of technology and services to the education sector - Hires Christopher Humphrey as a non-executive director, effective immediately. Humphrey is currently chair of Hemel Hempstead, England-based secure payment solutions provider Eckoh PLC and has been since September 2017. He served as senior independent director of Videndum PLC from 2013 to 2022, and as senior independent director and audit chair at Aveva Group PLC from 2016 to 2023. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning: Read More
(Correcting that index changes are effective from June 19.) Read More
(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, June 5, after completing its quarterly review. Read More
(Alliance News) - Ocado Group PLC's five-year stint in London's top-flight index is under threat, after a tough run which has seen the grocer's shares plunge 35% since the turn of the year. Read More