(Alliance News) - Stocks in London were called flat on Thursday as markets grappled with a deepening property crisis in China and the prospect of interest rates staying higher for longer. Read More
Yellow Cake PLC - investor in uranium founded by Bacchus Capital Advisers - Announces share placing to raise USD125 million, with the cash to be used to buy 1.5 million pounds of physical uranium under Yellow Cake's agreement with JSC National Atomic Co Kazatomprom. The placing, announced after the London market close on Wednesday, will be conducted as an accelerated bookbuild run by Cantor Fitzgerald, Canaccord Genuity and Berenberg. It will be done at a fixed price of GBP5.50 per share. Read More
(Alliance News) - Fair Oaks Income Ltd on Wednesday said it appointed Richard Burwood as non-executive chair, effective from Tuesday this week. Read More
(Alliance News) - Stocks in London are set to open higher on Thursday as markets shrugged off China's deepening property crisis and fears of rising interest rates. Read More
(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. Read More
(Alliance News) - UK car production fell by almost 10% in August, following six consecutive months of growth, new figures show. Read More
(Alliance News) - The risk of the lights going out in the UK has fallen ahead of this winter and is almost back to the pre-energy crisis normal, a new report has found. Read More
Itsarm PLC - formerly In The Style Group PLC, a cash shell since March after selling its only operating subsidiary In The Style Fashion Ltd - Confirms shares will be suspended from September 28 after failing to complete a transaction which qualifies as an AIM Rule 14 transaction. Read More
Martin Currie Global Portfolio Trust - Edinburgh-based investor in sustainable listed growth companies - Reports net asset value per share total return of 8.9% in the six months July 31, compared to negative 8.8% the year prior. Revenue return per share totalled 1.56 pence, up from 1.39p, a 12% rise, while the dividend was left unchanged at 1.80p. Says two of its best performing investments were Nvidia and Adobe. Remains of the view that a portfolio selected for its long-term, sustainable potential should serve shareholders well. 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
Asiamet Resources Ltd - Jakarta, Indonesia-based mining company - Reports net loss for the year to June 30 totalled GBP3.0 million narrowed from GBP4.0 million, the year prior. Expenses fell to GBP2.9 million from GBP3.8 million before, a 24% drop. Basic and diluted loss per share were 0.15 pence compared to 0.21p. Cash at the period end was GBP2.3 million, more than halved from GBP5.2 million. Read More
Mobeus Income & Growth 4 VCT PLC - Reports net asset value at June 30 was 76.19 pence, no comparison was given. States there was a positive NAV total return per share of 1.4%. Declares interim dividend of 5.00p per share. During the period the company made three new investments totalling GBP1.21 million during the period and invested GBP1.25 million in two new and two follow on investments after the period end. Read More
Strategic Equity Capital PLC - specialist alternative equity trust, maintaining a portfolio of UK smaller companies - Reports net asset value at June 30 rose 8.3% to 342.47 pence from 316.21p the year prior. Describes NAV performance as encouraging, reflecting the focus on higher quality companies exposed to areas of structural growth. Believes that continuing to prioritise companies with resilient business fundamentals and strong balance sheets should enable the company to continue outperforming over the medium to long term. Proposes final dividend of 2.50p, up 25% from 2.0p last year. Read More
Northern Venture Trust PLC - Further to the announcement made by the company on September 18, in conjunction with Northern 2 VCT PLC and Northern 3 VCT PLC, confirms that its offer for subscription is now open to applications. Read More
(Alliance News) - Coinsilium Group Ltd on Wednesday reported a narrowed loss from continuing operations reflecting a recovery in digital asset markets. Read More