Thousands of UK jobs saved as Petrofac set to be purchased
27th Dec 2025 12:14
(Alliance News) - Thousands of jobs in the North Sea are safe as part of energy services firm Petrofac Ltd looks set to be bought. Read More
(Alliance News) - Thousands of jobs in the North Sea are safe as part of energy services firm Petrofac Ltd looks set to be bought. Read More
(Alliance News) - Boxing Day was a "bumper day" for all UK retail destinations as data shows shopper footfall was up 4.4% on last year, making it the strongest increase in more than a decade, industry analysts said. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued this and last week and not separately reported by Alliance News: Read More
Firering Strategic Minerals PLC - Zambia and Ivory Coast-focused mining company - Announces that it has received USD1 million in full and final settlement of all debts and claims owed by Ricca Resources. In addition, Firering announces the closing of a placing and subscription raising a further GBP860,000 at 1.25 pence per share. Clearglass Investments Ltd subscribes for GBP85,000 worth shares and Premier Miton Group PLC for GBP250,000. The injection of new capital supports continued progress at Firering's flagship asset, Limeco Resources Ltd in Zambia, where the ramp up of lime production is advancing in line with the company's growth strategy. "The injection of new capital comes at a pivotal stage for Firering as we look to increase our interest in Limeco, our primary value driver, as we push forward with operational ramp up and product diversification efforts," notes Chief Executive Officer Yuval Cohen. Read More
Smarter Web Co PLC - Guildford, Surrey-based website design agency - Amends subscription agreement with Shard Merchant Capital Ltd, announced in September. The new deal will cover 13.2 million shares previously issued to Shard, and not yet sold, together with 50.0 million additional new shares issued under the revised agreement. "As part of our ongoing efforts to enhance our capital markets activity, we have entered into a new subscription agreement to provide the company with additional flexibility as we plan for the next phase of growth. The updated structure allows us to respond more effectively to market conditions and investor demand, while continuing to raise capital in an orderly and transparent manner," says Smarter Web Chief Executive Andrew Webley. Read More
DXS International PLC - Leicestershire, England-based healthcare information and clinical decision support systems provider - says cyber security incident has been contained, with the company remaining "vigilant" by implementing additional monitoring and security measures. DXS reported the incident, which affected its office servers, on Thursday last week. It had said at the time that it did not expect the incident to have a material adverse impact on its financial position or market forecasts for the year ending April 30 Read More
Caledonian Holdings PLC - Bingley, England-based investment company focused on financial services - Pretax loss narrows to GBP595,000 in the six months that ended September 30 from GBP2.7 million a year before. Caledonian has no revenue. The change in pretax loss is due to a smaller loss on fair value movements on investments. This is GBP263,000 in the recent half-year, compared to GBP2.6 million a year before. Net assets rise to GBP3.9 million on September 30 from GBP2.9 million a year before. Chair Brent Fitzpatrick notes that Caledonian made its first investment of GBP1 million into AlbaCo Ltd in June and invested another GBP1 million in October. Also since the end of September, Caledonian secured a GBP3.5 million funding package from Yorkville Advisors Global LP to help support AlbaCo, which is seeking a UK banking license to serve small and medium-sized businesses. Read More
(Alliance News) - SolGold PLC on Wednesday said it has agreed to an all-cash acquisition by Jiangxi Copper (Hong Kong) Investment Company Ltd. Read More
(Alliance News) - Defence Holdings PLC on Wednesday said it has agreed the appointment of a new chief executive officer, marking a key step as the defence technology group shifts from capability development toward commercial delivery. Read More
(Alliance News) - Galileo Resources PLC on Wednesday said it swung to an interim loss, as the company lacked last year's disposal gains which had boosted its bottom line amid exploration advancement. Read More
WH Smith PLC - Swindon, England-based travel retailer - Chief Financial Officer Max Izzard buys 20,000 shares at GBP6.40, worth GBP128,000, on Tuesday. On Friday last week, WH Smith released its delayed annual results, slashing its dividend amid drop in pretax profit. The company also faces an investigation by the UK Financial Conduct Authority, after an accounting error within its US business that led to the resignation of Carl Cowling as chief executive. Read More
(Alliance News) - Secure Trust Bank PLC on Wednesday said it has agreed to sell its Consumer Vehicle Finance business to private equity funds for just under GBP460 million, some of which the lender said it will return to shareholders. Read More
(Alliance News) - Polarean Imaging PLC and OPG Power Ventures PLC started trading on the JP Jenkins share dealing platform on Tuesday and Wednesday, respectively, after their de-listings from AIM. Read More
(Alliance News) - The FTSE 100 drifted lower on Wednesday in lacklustre trading ahead of the Christmas break, although a chunky disposal by BP brought some life to proceedings. Read More
Tortilla Mexican Grill PLC - London-based fast-casual Mexican restaurant chain - Confirms appointment of Duncan Garrood as its new non-executive chair, following the completion of due diligence checks by broker Panmure Liberum. Garrood's selection was first announced at the start of this month. He is chief executive officer of Empiric Student Property PLC, a FTSE 250 listing that develops university accommodation, and previously was CEO of Punch Taverns, Bill's Restaurants and Ten Entertainment Group PLC. He also currently is senior independent director of Brighton Pier Group PLC, a former AIM listing now traded on JP Jenkins. At Tortilla, Garrood replaces Emma Woods, who steps down after four years in post. Read More