(Alliance News) - The UK government has announced plans to speed up planning approvals for the Sizewell C nuclear project and a major sustainable aviation fuel plant. Read More
(Alliance News) - Virgin Media O2 on Wednesday announced multi-year agreements with Ericsson and Nokia Corp to improve its UK mobile network. Read More
(Alliance News) - The following is a round-up of trading updates by London-listed companies issued on Wednesday, and Thursday last week, and not separately reported by Alliance News: Read More
Geo Exploration Ltd - oil and gas exploration company focused on Africa, Australia and the Mediterranean - Appoints Thomas Harris as Australian exploration manager. Notes that Harris has direct experience with the Havieron discovery in Western Australia, having worked at Greatland Gold alongside Callum Baxter, Geo's technical consultant. Says he brings over 15 years' experience across gold and base metal exploration. "He has been involved in multiple significant gold-copper discoveries and was an integral member of the technical team associated with Havieron, Khamsin and Freemantle Doctor discoveries," Geo says. Adds that his appointment further strengthens its in-country technical capability as exploration activities advance on its Australian projects. He and Baxter will "work closely" together as Geo's exploration programme progresses, and "will also explore new opportunities should they arise in the future." Read More
Halo Minerals PLC - London-based mineral development company - Appoints contractor BIOS Mining & Infrastructure to conduct its mineral processing plant flow sheet design review and optimisation studies, and to assist in the application process and in securing ancillary permits needed to advance Halo's Playa Verde project towards a point where a final investment decision can be made. BIOSMI, formerly named Propipe, has worked with Playa Verde for over a decade and has detailed knowledge of Halo's development plans, the firm says. Notes that BIOSMI previously supported it with the mineral processing plant flow sheet and design studies during the previously completed definitive feasibility studies. Also, Halo confirms that the annual mining license fees for Playa Verde's six mining concessions have been paid in accordance with their terms. Read More
Blackrock Greater Europe Investment Trust PLC - investment trust focused on small, mid and large-cap European companies - Announces that it has decided not to implement a semi-annual tender offer in May. Says that it has concluded that the tender offer was not in shareholders' best interests as its average share price discount to net asset value, on a cum income basis, was 5.29% over the six months to March 31. The discount was 6.29% at the close of business on Tuesday. Read More
(Alliance News) - Stocks in London soared on Wednesday, as oil prices fell back sharply after the US and Iran struck a two-week ceasefire. Read More
Tullow Oil PLC - London-based oil and gas company - Receives requisite consents in consent solicitation related to the USD1.29 billion 10.25% senior secured notes due 2026. Also, Brent oil trades at USD95.20 a barrel on Wednesday afternoon, down from USD110.24 at around the same time on Tuesday. Read More
Wickes Group PLC - Watford, England-based home improvement retailer - Announces on Tuesday that it has commenced a third share buyback programme worth up to GBP10.0 million, which will end on or before December 31. Says the buyback's sole purpose is to reduce its share capital, and it intends to cancel all repurchased shares. Wickes has engaged Investec Bank PLC to conduct the programme on its behalf. The company can repurchase up to 16.5 million shares, in accordance with the authority granted at its annual general meeting. Read More
Jubilee Metals Group PLC - London-based metal processing company - Says its shareholders have approved its proposed capital reduction plan at a general meeting on Wednesday. It has said that the reduction of the share premium account, or capital reduction, aims to restructure its balance sheet so as to increase the distributable reserves available to support its ability to make future payments of dividends to its shareholders and undertake potential share buybacks. Notes that a resolution to grant the directors authority to allot shares was withdrawn. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Sunda Energy PLC on Wednesday proposed to raise funds and reorganise its shares, in support of a new acquisition. Read More
(Alliance News) - Keir Starmer has arrived in Saudi Arabia as he visits Gulf allies to push for a long-term resolution to the Iran conflict. Read More
Solvonis Therapeutics PLC - London-based biopharmaceutical company, focused on central nervous system disorders - Celebrates second US patent by United States Patent & Trademark Office, covering a further monoamine modulator compound series arising from its proprietary post-traumatic stress disorder discovery programme. The patent, U.S. Patent No. 12,595,269, was issued on Tuesday. On March 31, the company had announced the first such patent, U.S. Patent No. 12,590,077. Read More