(Alliance News) - Schroder UK Mid Cap Fund PLC on Wednesday declared its largest ever annual dividend as its total return underperformed the benchmark in the last year but continued to outperform in the long-term. Read More
Amaroq Minerals Ltd Greenland-focused gold miner - Announces first gold pour at Nalunaq gold mine in Greenland, after the Greenlandic government approved the phase 1 commissioning of the plant, which has since been operated at its nameplate capacity. An updated mineral resource estimate for Nalunaq is expected to be published in the first quarter of 2025. Phase 2 commissioning is due to complete in the second quarter of 2025. Chief Executive Officer Eldur Olafsson says: "First gold pour at the Nalunaq mine signifies a major step on our journey, triggering initial cash flow generation. As Nalunaq transitions from being a cost centre to a cash generator, our focus turns to resource, mine life extension and further exploration to unlock the full mineral potential of our Greenland portfolio. Throughout this, we remain focused on the sustainable delivery of our projects, working closely with the local community, and delivering our purpose of creating a Greenlandic legacy." Read More
(Alliance News) - Odyssean Investment Trust PLC on Thursday reported an increase in net asset value during its half-year, despite enduring "another volatile period". Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
(Alliance News) - Loungers PLC said on Thursday it has agreed to the terms and conditions of a roughly GBP340 million all-cash takeover by Fortress Investment Group, alongside reporting strong half-year results that underline the cafe and bar operator's "steady growth and market resilience". Read More
Galliford Try Holdings PLC - Uxbridge, England-based construction group - Ahead of its annual general meeting, Galiford says it is trading in line with expectations in the current financial year as momentum continues from financial 2024. Confidence in the future is supported by a high-quality order book and robust pipeline of opportunities, it says. Growth in chosen markets is supported by planned investment in economic and social infrastructure in the UK, with this underpinned by the Labour government's autumn statement. Galliford says it remains confident in meeting objectives for the current financial year and progressing its sustainable growth strategy to 2030. Galliford says GBP2.1 million of its GBP10.0 million share buyback has been completed. Read More
(Alliance News) - Impax Asset Management Group PLC on Thursday highlighted potential upsides to the upcoming second US presidency of Donald Trump, citing experience from his first term in office. Read More
(Alliance News) - Energean PLC on Thursday reported strong revenue figures as it said production in Israel was unaffected by the conflicts in Gaza and Lebanon. Read More
(Alliance News) - The sale of Royal Mail owner International Distribution Services PLC to Czech billionaire Daniel Kretinsky's EP Group could be confirmed in the next two weeks, the BBC reported on Thursday. Read More
(Alliance News) - abrdn New India Investment Trust PLC said on Thursday its first-half net asset value increased in part due to economic growth in India and the increasing sophistication of Indian corporations. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - Ocado Group PLC on Wednesday said UK supermarket chain Morrisons will stop using one of two Ocado customer fulfilment centres that it currently uses, in favour of filling more customer orders from its own stores. Read More
(Alliance News) - Tullow Oil PLC on Thursday lowered its free cash flow outlook amid payment delays and reiterated production would be at the low-end of prior guidance. Read More
Airtel Africa PLC - telecommunications and mobile money services provider in 14 countries in Africa - Shravin Bharti Mittal buys 2.5 million shares via Indian Continent Investment Ltd at GBP0.97 and GBP0.98, worth GBP2.4 million, on Thursday and Friday last week. Airtel is majority-owned by Bharti Airtel PLC, an Indian multinational firm and subsidiary of Bharti Global PLC. Bharti Global is the investment arm of the Bharti family and also owns Mauritius-based private equity firm Indian Continent. Mittal is Bharti Global's managing director. The latest purchases bring Indian Continent's total share purchases in November to 7.1 million. Read More
(Alliance News) - Stock prices in London opened higher on Thursday, with the grocers, M&A developments and Dr Martens adding some impetus on a day where market drivers from New York will be scarce due to the Thanksgiving holiday. Read More