(Alliance News) - Gulf Marine Services PLC on Friday said that its results reflected "the war in the Gulf" as it posted a fall in first-quarter earnings and revenue. Read More
(Alliance News) - Edinburgh Worldwide Investment Trust PLC on Friday said the new board plans to keep the investment trust's committee structure for the time being, after Saba Capital Management LP succeeded in ousting EWIT's board last week. Read More
(Alliance News) - Emmerson Resources Ltd will seek shareholder approval for its takeover by Pan African Resources PLC at a general meeting next month. Read More
Kistos Holdings PLC - London-based oil and gas producer from offshore and onshore assets in the UK, Norway, and the Netherlands - Executive Chair Andrew Austin is ordered by the UK High Court to transfer half of his Kistos shares to his ex-wife Kulie Austin as part of a divorce settlement. Following the no-cost transfer, Andrew Austin and Kulie Austin each will hold 3.0 million Kistos shares directly and 4.1 million via their pension schemes. As part of the property division arrangements, Kulie Austin agrees to vote on company matters as directed by Andrew Austin and only to sell shares when he sells. As a result, Andrew Austin retains voting rights over all 14.3 million shares, a 17.3% stake worth GBP41.5 million in total. Read More
Seraphim Space Investment Trust PLC - London-based investor in 'SpaceTech' companies, such as space-based mobile phone connectivity - Raises GBP136.5 million in equity from issue of 136.5 million new C shares at 100 pence each. The equity raise was announced last month. Seraphim Space hadn't announced a fundraising target at the time, but it asked a general meeting held on Wednesday this week for authority to issue up to 350 million shares. In the event, brokers Deutsche Numis and JP Morgan Securities place 76.4 million shares with institutional investors, another 15.1 million are taken in direct subscriptions by an institutional investor, and the remaining 45.0 million are purchased by retail investors via the RetailBook platform. Read More
RTW Biotech Opportunities Ltd - Guernsey-based investor in the life sciences sector - Invests USD1.7 million as part of portfolio company Windward Bio's USD165 million crossover financing. RTW Biotech says it first invested in the private, clinical-stage biotechnology company as part of its series A round back in January of last year. Notes that Windward Bio is focused on improving outcomes for people living with serious immunological diseases, with its lead programme WIN378 an antibody designed to treat asthma and chronic obstructive pulmonary disease. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Friday. Read More
(Alliance News) - Wheaton Precious Metals Corp on Friday announced a higher profit, revenue and dividend amid increased gold and silver production. Read More
(Alliance News) - Workspace Group PLC on Friday said investor Saba Capital Management LP is seeking to remove five of its current non-executive directors and appoint four of its own picks as replacements. Read More
(Alliance News) - Teleios Capital Partners LLC has sold part of its a 16.6% stake in County Kildare, Ireland-based homebuilder, Glenveagh Properties PLC, broker J&E Davy confirmed on Friday. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Friday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Keir Starmer on Friday insisted he will carry on as prime minister despite Labour suffering disastrous local election losses. Read More
(Alliance News) - Rightmove PLC on Friday affirmed its annual outlook and said it has seen an increase in membership so far in 2026. Read More
Smith & Nephew PLC - Watford, England-based medical devices maker - S&N hires Merrill Lynch International to run the USD250 million first tranche of the USD500 million share buyback that it announced with first-quarter results on Wednesday. The tranche begins on Friday and will be completed by September 7. The shares bought back will be cancelled or held in treasury for employee share awards. On Wednesday, S&N said the buyback plan reflects "confidence in 2026 performance and strong balance sheet and free cash flow generation", which it guided as USD840 million this year. Read More