Hot Rocks Investments PLC - London-based investor in natural resources - Notes it is unable to publish results for the financial year that ended March 31. It expects to publish the results this month. Cites family bereavement as reason for the delay. Read More
(Alliance News) - The following is a round-up of earnings updates by London-listed companies, issued last week and not separately reported by Alliance News: Read More
Gresham Technologies PLC - London-based software and services company - Says the Clareti business is continuing to grow strongly in line with expectations. Says the firm benefits from a solid pipeline of new opportunities. The Clareti software platform is a front-to-back servicing platform designed to meet the needs of the real estate lending market. Read More
(Alliance News) - WANdisco PLC on Tuesday said has signed a follow-on agreement with an unnamed European automotive components supplier to transfer data from its sensors to the cloud. Read More
(Alliance News) - S-Ventures PLC on Tuesday announced contract wins for its Pulsin, Purely, Ohso and Livia's product ranges. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Expects to slow its acquisition pipeline given the uncertainty in the market. But it continues to monitor numerous acquisition opportunities so that it remains poised to execute transactions at the appropriate time in the future. Also says it will continue to seek to dispose of non-core or mature assets as and when it feel the timing is right. The group completed three acquisitions in Germany for EUR44.6 million, which were all notarised prior to the end of June. It disposed of three assets in Germany and the UK for a combined EUR33.6 million. Read More
(Alliance News) - UK Prime Minister Liz Truss did not rule out raising the state pension age as she sought to resist speculating on "all kinds of decisions that haven't yet been made". Read More
Marula Mining PLC - Haywards Heath, England-based mining services investor - Buys 49% interest in Kinisu copper mining project from Takela Mining Tanzania Ltd. Says licenses are valid for seven years, until end of September 2029. Through the agreement, Marula receives 49% interest in ten mining licenses through a binding "heads of agreement" with Takela. They are located in Kinusi in Mpwapwa District in the Dodoma region of central Tanzania. Read More
(Alliance News) - DeepVerge PLC on Tuesday announced that Labskin, one of its businesses, has been selected to join a team of experts developing new ways to evaluate radiation exposure in civilians and military personnel. Read More
Riverstone Credit Opportunities Income PLC - energy infrastructure and energy-transition credit investor - Announces secondary investment worth USD9 million in a bundle of private securities in Seawolf Water Resources. Seawolf provides water solutions to energy industry. Investment includes a first lien term loan as well as preferred stock and common equity. Says collectively, the investment is "at a significant discount to market value." Investment was completed on September 26. Loan matures in March 2026. Estimated all-in yield to maturity on the loan of 10.6% to Riverstone Credit. Following investment, company's portfolio nearly 90% committed. Read More
Sanderson Design Group PLC - Buckinghamshire-based interior design and furnishings company - Inks collaboration with Giles Deacon, a London-based couture designer and illustrator. Under the agreement, Deacon will create a capsule collection of fabrics, wallpapers and apparel for the Sanderson brand. Expects the collaboration to launch early next year. Read More
(Alliance News) - European equities traded sharply higher on Tuesday morning, with investors optimistic that central banks will temper the pace of interest rate hikes, following less-than-stellar factory data from the across the globe. Read More
Porvair PLC - Hampshire, England-based manufacturer focused on filtration and separation technology - Expects results for financial year ending November 30, 2022, to be ahead of market expectations. Says all three of its divisions are expected to show growth at a constant currency level at sustained margins. "Underlying drivers of demand for the group's products remain in place: tightening environmental regulation; the growth of analytical science; clean water regulation; the use of aluminium in electric vehicles and recyclable packaging; and the drive to reduce waste in manufacturing," it adds. Read More
(Alliance News) - Union Jack Oil PLC on Tuesday said it had reached USD10 million of revenue from the Wressle oil field. Read More
(Alliance News) - Zytronic PLC on Tuesday said its Chief Executive Mark Cambridge will step into the position of acting executive chair, as Chair David Buffham takes temporary leave. Read More