(Alliance News) - Serica Energy PLC on Thursday said it is well-positioned to deliver its growth plans, as it reported sharp rises in profit and revenue following its purchase of North Sea exploration blocks from TotalEnergies SE in March. Read More
(Alliance News) - The FTSE 100 fell on Thursday despite well-received earnings, but mid-caps extended their recent gains, lifted by advances by WPP and easyJet. Read More
(Alliance News) - Avation PLC on Thursday said Tony Romano had been appointed chief commercial officer. Read More
(Alliance News) - BP PLC on Thursday announced an agreement to buy a 70% interest in Block TTDAA 14, which houses the Calypso offshore gas project, from Woodside Energy Group Ltd. Read More
(Alliance News) - Pensana PLC on Thursday said it welcomed the expanded Qatar-backed Cascade investment, including support for its US mine-to-magnet strategy and Nasdaq listing, as part of the USD165 million investment. Read More
(Alliance News) - Burford Capital Ltd on Thursday said it swung to a net loss in the first half, but that it is "well positioned to continue growing" for the rest of the year. Read More
(Alliance News) - easyJet PLC on Thursday accepted a GBP5.7 billion offer from Apollo Management X LP after Minneapolis-based private equity firm Castlelake LP withdrew from the bidding race. Read More
Vast Resources PLC - acquiring 49% stake in joint venture with government of Tajikistan that owns four gold mines, a processing plant, and two tailings deposits in northern Tajikistan - Completes a retail share offer in preparation for readmission to the AIM market in London follow a reverse takeover. Vast shares are expected to resume trading on AIM on August 19 under a new ISIN number. The company is set to have a market capitalisation of GBP102.9 million, based on 1.65 billion shares in issue and the price for the company's placing, subscription and retail offer of 6.25 pence. Vast raises GBP7.8 million gross in total as part of the readmission, including GBP300,000 from the retail offer. It is buying Gulf International Minerals Ltd, which holds a 49% interest in Joint Tajik-Canadian Limited Liability Co, known as Aprelevka. The JV recorded USD8.5 million in pretax profit on USD36.9 million in revenue in 2025. Read More
IMI PLC - Birmingham, England-based engineering firm - Starts on Thursday the GBP250 million second half of its GBP500 million share buyback programme, having completed the first half in late June. The second tranche will be run by Deutsche Numis after the first was run by JP Morgan Securities PLC. It will be completed by December 31, and the repurchased shares will be cancelled. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by FTSE 250-listed London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Tritax Big Box REIT PLC - London-based real estate investment trust focused on logistics properties in the UK and managed by Tritax Management - Raises GBP350 million gross, as planned, from the equity offer the company announced on Wednesday. Tritax Big Box sells 213.4 million new shares, 7.9% of its total prior to the raise, at 164 pence per share in a placing, direct subscription and retail offer. Retail investors buy 6.4 million of these shares. Trot Holdings Ltd, which held an 8.6% stake prior to the raise, subscribes for GBP30 million worth of new shares but is scaled back to GBP3 million worth, Tritax Big Box says, to provide "new and existing high-quality investors further access to new shares". The share placing is run by Jefferies International Ltd, JP Morgan Cazenove, and Banco Santander SA. Read More
HSBC Holdings PLC - London-based, Asia-focused universal bank - Increases on Thursday its tender offer for four series of 2028 debt notes with a combined face value of USD8.60 billion to USD6.75 billion from USD5.00 billion. The tender launched on Wednesday and expires on Wednesday next week. It is being run by HSBC Bank PLC, a subsidiary. The debt notes mature in March, May, September and November 2028. The USD2.50 billion in March notes will have a sub-cap on the tender offer of USD1.75 billion. The USD1.85 billion in May notes will have a sub-cap of USD1.00 billion, which is raised from USD750.0 million on Thursday. The USD2.00 billion of September notes and USD2.25 billion of November notes have no sub-cap on the tender offer. Read More