(Alliance News) - WANdisco PLC on Monday confirmed a near halving in revenue in the first half of 2023, leading to a wider loss, as the company soon to be renamed Cirata PLC faced a "traumatic time" amid the discovery of illegitimate purchase orders. Read More
WANdisco PLC - Sheffield, England-based data migration platform - Reports all resolutions at annual general meeting were passed. The passing of resolution 14 enables company to change name to Cirata. The new name is intended to provide a new and positive canvas where the company can build positive brand equity going forward. Chief Executive Stephen Kelly says: "It's time to focus our collective attention on the future and do everything we can to help drive the growth plan forward." Read More
(Alliance News) - Stock prices in London closed lower on Wednesday, with interest rate-sensitive stocks on the back foot, as a robust core inflation reading poured cold water on hope of a Bank of England pause. Read More
(Alliance News) - WANdisco PLC shares jumped on Wednesday, after it said that it has signed a multi-project contract with General Motors Co. Read More
WANdisco PLC - Sheffield, England-based data migration platform - Interim Chief Executive Officer Stephen Kelly joins the board and is confirmed as permanent CEO, having served in an interim capacity since early May. He is joined by Interim Chief Financial Officer Ijoma Maluza, who has been confirmed in post and also joins the board after serving in an interim capacity since early May. Chief Scientists Yeturu Aahlad steps down from board but will remain part of executive team. Says Interim Non-Executive Chair Ken Lever will remain in post, while a formal process to identify a permanent chair has now begun after completion of the refinancing and lifting of share suspension. Also notes two non-executive director appointments alongside one non-executive Read More
(Alliance News) - Stocks in London are called to open lower on Wednesday, following a slew of earnings from UK companies, as well as an interest rate decision from the US Federal Reserve. Read More
(Alliance News) - Stock prices in London closed higher on Tuesday, with hopes of stimulus measures in China adding impetus, before focus turns to the Federal Reserve, which announces its latest interest rate decision on Wednesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - WANdisco PLC shares plummeted 96% on Tuesday, after the company's share returned following its five month suspension. Read More
(Alliance News) - Herald Investment Trust PLC on Wednesday reported a slight decrease in its net asset value and mixed investee performances, but said its portfolio remains generally sound overall. Read More
(Alliance News) - WANdisco PLC on Tuesday announced its first contract with FordDirect, which will last for one-year, for WANdisco's data migrator product. Read More
(Alliance News) - WANdisco PLC on Monday said its software support and maintenance contract with Tesco Stores Ltd, part of Tesco PLC, has been renewed for a further two-year term. Read More
(Alliance News) - WANdisco PLC on Friday confirmed the fundraise and admission of shares are now expected to take place on July 25. Read More
(Alliance News) - WANdisco PLC on Tuesday confirmed it completed a USD30 million fundraise, as it attempted to have its shares resume trading on the AIM market and recover investor support after suffering a fraud earlier this year. Read More
WANdisco PLC - Sheffield, England-based data migration platform - Launches USD30 million fundraise at 50 pence per share. Explains this will comprise a placing of shares, a direct subscription for shares by certain third party investors and a direct subscription for shares by some Directors and members of management. Proceeds will provide working and growth capital to support the turnaround plan which is focused on cash break even targeted during financial year 2024 to financial year 2025. Directors and management have indicated their intention to subscribe for shares worth USD798,644. Says the offer shares will represent around 71% of the company's share capital. Says fundraise will allow WANdisco to begin to take advantage of the opportunities ahead and give sufficient capital to continue as a going concern. Read More
(Alliance News) - WANdisco PLC on Thursday reported a narrowed annual loss as revenue rose, as it expects a "different" 2023. Read More
(Alliance News) - WANdisco PLC on Wednesday pushed back the announcement of its already delayed 2022 results and equity issue into next week. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued Monday and not separately reported by Alliance News: Read More