(Alliance News) - RS Group PLC may face strains on margins in the coming financial year but analysts at Liberum think its track record demonstrates that this is a business with "many levers to pull." Read More
Impax Asset Management Group PLC - London-based environmental investment trust - Says subsidiary Impax Asset Management Ireland Ltd enters into investment advisory deal with BNP Paribas Asset Management France, a subsidiary of BNP Paribas Asset Management Holding. Says its subsidiary will provide services to BNPP AM France in relation to two investment funds. BNPP AM France will pay a fee to IAMI for the service on quarterly basis. Read More
Fox Marble Holdings PLC - focused on marble quarrying and finishing in Kosovo and the Balkans region - Announces that all resolutions at the general meeting today were duly passed, and the acquisition of Eco Buildings is subject only to admission, which is expected to take place next week Friday. As a result, Fox Marble will change its name to Eco Buildings Group PLC on or around admission. Read More
Solgenics Ltd - Mozambique-focused renewable energy development company, formerly known as Ncondezi Energy Ltd - Notes that 98% of shares cast at general meeting vote in favour of cancellation of shares from AIM. Last day of trading in the firm's shares on AIM will be June 6, with cancellation becoming effective the next day. Read More
Dolphin Capital Investors Ltd - real estate investment trust - Says has drawn down the third of a number of loan agreements with DCI shareholders which are intended to provide additional working capital and which are expected to amount to up to EUR2.0 million. This loan has been made by Discover Investment Co which is a related party as disclosed in announcement on April 19. Explains these shareholder loans each have identical terms to one another and are for a 12-month term bearing an interest rate of 12% per annum. Intends to repay the shareholder loans from the proceeds of the sale of company assets. Read More
Avon Protection PLC - Wiltshire, England-based personal protection equipment company - Chair Bruce Thompson buys 10,000 shares for GBP8.38 each on Thursday, worth a total of GBP83,800. Read More
(Alliance News) - NetScientific PLC on Friday noted that its investee PDS Biotechnology Corp announced "promising" interim data focused on immunotherapy for a form of cancer. Read More
Circle Property PLC - London-based buyer, developer and manager of regional office assets in UK - Will leave FTSE AIM All-Share Index on Thursday, FTSE Russell confirms. Company last week Wednesday confirmed delisting, saying: "Maintaining the company's admission to trading on AIM requires significant management time, legal and regulatory obligations and comes with material financial costs (such as professional fees, London Stock Exchange fees and other costs associated with being an AIM-traded company)." The directors maintained these costs are "disproportionate" to the benefits the company receives from its AIM listing. Circle currently holds around GBP3.2 million in cash, and plans to distribute a "modest" final return to shareholders of no more than GBP1.1 million, or 4p per share. The rest will be used towards costs and incentive payments to its executives. Read More
Helium Ventures PLC - special purpose acquisition vehicle - Announces an update on the trading of Vestigo Technologies Ltd which Helium has conditionally agreed to buy. Expects to finalise and agree the terms of the sale and purchase agreement shortly, subject to the completion of remaining due diligence and shareholder approval. Says trading at Vertigo's tracking software product, Trackimo, in the first quarter of 2023 is strong with Amazon unit sales at record levels in March 2023. Feels with the launch of the NickWatch and the upcoming Trackimo Pet Tracker, the business is on track to show double digit growth from 2022 sales. Read More
Hargreave Hale AIM VCT PLC - Blackpool-based venture capital trust - Says net asset value in the three months to March 31 decreased from 60.31 pence to 52.84p, resulting in a NAV total return to investors of minus 5.8%. Notes sentiment improved at the start of the quarter but concerns started to surface at the end of the quarter that some mid and large sized US regional banks might struggle to operate profitably in a high interest rate environment. Read More
Asos PLC - online fashion retailer - Raises GBP4.8 million via issuing 1.2 million new shares at 418.1 pence per share, which represent around 1.2% of the firm's issued share capital before the equity raise. Says that in total, the placing and retail offer comprises 19.1 million new shares, about 19% of the firm's existing issued share capital, raising around GBP80 million. Read More
(Alliance News) - A pay dispute at Heathrow Airport is set to escalate after around 600 more security officers voted to strike. Read More
(Alliance News) - Rishi Sunak has met with Google's chief executive to discuss "striking the right balance" between artificial intelligence (AI) regulation and innovation, Downing Street said. Read More
Octopus Apollo VCT PLC - London-based investor in higher-risk smaller businesses which brought a product or service to market - Net asset value per share at January 31 grows 6.0% to 53.2 pence from 50.2p a year prior. Total return contracts to 11.2% from 13.6%. Proposes final dividend of 1.3p, unchanged from a year prior. However, total dividend is 2.6p, less than half of 5.7p a year ago. Company hails "great resilience" in light of macroeconomic headwinds, citing high inflation and rising interest rates, the war in Ukraine, political uncertainty, and bank instability. Looking ahead, company says: "The ongoing need for exciting, high-growth companies to raise funding for growth provides ample opportunity to make successful future investments in line with the existing now proven strategy." Read More
Coca-Cola Europacific Partners PLC - London-based soft drinks bottler - Non-Executive Director Nicolas Mirzayantz buys 7,930 shares at an average price of USD63.03 for a total of USD499,827 on Friday. Read More