(Alliance News) - Beeks Financial Cloud Group PLC on Monday said it traded in line with expectations in its first half, hailing "strong momentum across all offerings". Read More
(Alliance News) - Custodian Property Income REIT on Monday said it has bought a GBP35.9 million family property portfolio via the purchase of Grove Court Properties Holdings Ltd. Read More
Conduit Holdings Ltd - the parent company of Conduit Re, a Bermuda-based reinsurance business - Appoints Nicholas Shott as chair of the board, effective from Friday last week. Notes Shott has also been made chair of the nomination committee, succeeding Ken Randall. Adds that Rebecca Shelley will resume her role as senior independent director, also succeeding Randall in that capacity. Shelley was made interim chair back in May of last year, while the board began its search for a permanent chair. Read More
(Alliance News) - Pebble Beach Systems Group announced on Monday it won a five-year contract worth an initial GBP1.3 million in support of a "tier-1 US-based streaming company". Read More
Renewables Infrastructure Group Ltd - Guernsey-based renewable energy investor - Net asset value was 104.0 pence per share as at December 31, down 5.2% from 109.7p at September 30. The firm says the net asset value decline resulted partly from a fall in revenue forecasts, and lower power prices in Sweden. The company says it remains committed to its progressive dividend policy, which is to at least maintain the level of dividends and increase them "when it is prudent to do so." It maintains the 2026 dividend target at 7.55p per share, unchanged from 2025. Read More
(Alliance News) - Helium One Global Ltd announced on Monday that it has concluded the electrical submersible pump testing at its southern Rukwa Helium Project in Tanzania, with zero lost time injuries. Read More
(Alliance News) - Stock prices in London were higher midday on Monday, as investors increasingly expect US interest rates to stay higher for longer, and with defence stocks giving the FTSE 100 a boost as Keir Starmer calls for Europe to "step up" on security. Read More
(Alliance News) - Partners Group Private Equity Ltd on Monday said its net asset value fell in December, as it was hit by continued US dollar weakness against the euro. Read More
Rathbones Group PLC - London-based investment and wealth manager - Completes its GBP50 million share buyback programme, launched back in September. Says it purchased 2.6 million shares for cancellation under the scheme, with an average price paid per share of GBP18.99. Notes that following completion, its issued share capital will consist of 90.7 million ordinary shares with voting rights, and 17.5 million convertible non-voting ordinary shares. Read More
Sequoia Economic Infrastructure Income Fund Ltd - Guernsey, Channel Islands-domiciled fund run by London-based Sequoia Investment Management Co Ltd - Net asset value per share rises 0.2% to 94.77 pence per share at January 31, from 94.55 pence a month earlier. This change was driven by interest income, net of expenses, subscriptions and share buybacks, says the fund. After accounting for the 1.71875p quarterly dividend to be paid on February 27, the post-distribution NAV stands at 93.05 pence. The fund adds that, as of January 31, it remains undrawn on its GBP300 million revolving credit facility, and possesses cash of GBP69.4 million inclusive of interest income. Read More
(Alliance News) - Britain must "go faster" on defence spending, Keir Starmer has said ahead of the fourth anniversary of Russia's full-scale invasion of Ukraine. Read More
(Alliance News) - Buccaneer Energy PLC on Monday said it has successfully completed an organic oil recovery pilot project at its Pine Mills field in East Texas, US, using Hunting PLC's enhanced oil recovery solution. Read More