(Alliance News) - UK Labour appeared to be haemorrhaging council seats in local elections across England as initial results pointed towards Reform UK gains. Read More
(Alliance News) - Gran Tierra Energy Inc on Thursday posted a weaker first quarter with higher costs outweighing modestly firmer sales. Read More
(Alliance News) - Teleios Capital Partners LLC on Thursday said Teleios Global Opportunities Master Fund Ltd intends to sell a 16.6% stake in Maynooth, Ireland based homebuilder, Glenveagh Properties PLC. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Great Portland Estates PLC - London-based office landlord - Reports the letting of over 6,200 square feet at 170 Piccadilly in London, bringing the fully managed development to over 73% let or under offer. Says an unnamed facilities management company will take 1,644 square feet, while an unnamed Read More
(Alliance News) - The FTSE 100 struggled on Thursday on a mixed day for stocks in London, and despite fresh falls in the oil price, as investors await fresh developments in the Middle East. Read More
Bluefield Solar Income Fund Ltd - UK income fund focused primarily on acquiring and managing solar energy assets - Reaches a financial close on a debt raise of up to GBP120 million term loan commitments to fund construction of four projects in its development pipeline. Notes the facility comprises equal commitments from Santander and NatWest, and is expected to be drawn down over time during construction phases. Explains that the portfolio comprises 249 megawatts of ready-to-build solar PV in North East England. Says this portfolio represents around 34% of its ready-to-build solar PV pipeline. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - ICG Enterprise Trust PLC on Thursday said its net asset value total return lagged the FTSE All-Share Index in its latest financial year, but noted its portfolio is positioned to benefit from "a number of growth trends". Read More
IP Group PLC - London-based investor in "breakthrough" science and technology firms - Appoints Michael Queen as chair designate, and as a non-executive director. Says he will succeed outgoing Chair Douglas Flint at its annual general meeting on June 18, at which point Flint will retire "after almost eight years of service" on the board. Notes that Queen was, until 2012, the chief executive of London-based private equity investor 3i Group PLC, where he had worked for 25 years. Currently, he is chair of UK private equity firm Coller Capital Ltd. Read More
(Alliance News) - Aberdeen Group PLC's Aberdeen Investments is to become the alternative investment manager of Herald Investment Trust PLC, alongside a tender offer and "standstill" deal with Saba Capital Management LP, the firms announced on Thursday. Read More
Irish Continental Group PLC - Dublin-based ferry operator - Cars volumes fall 2.9% to 135,200 in the period between January 1 and May 2 from 139,200 a year prior. Roll-on-roll-off freight climbs 5.2% to 270,900 units from 257,600. Container freight is down 3.8% to 126,800 twenty-foot equivalent units from 131,800. Terminal lifts rise 2.2% to 125,200 from 122,500. Read More