(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) - Stocks in London slumped on Thursday, tracking US and European counterparts, as investors weighed rate calls in Europe and the UK and as merger talks between Glencore and Rio Tinto collapsed once more. Read More
AIQ Ltd - company focused on acquiring and developing e-commerce sector businesses - Enters into an agreement with Executive Director Li Chun Chung for an interest-free, unsecured loan of GBP176,000, repayable upon demand. Explains the funds are earmarked for working capital purposes. Read More
(Alliance News) - Rio Tinto PLC said on Thursday it has abandoned its bid to acquire peer Glencore PLC, over disagreement on valuation and price. Read More
(Alliance News) - Secure Trust Bank PLC on Thursday published an optimistic trading update, as it anticipates a gain on the disposal of its motor finance unit. Read More
(Alliance News) - Resolute Mining on Thursday said Ivory Coast's Council of Ministers had granted the company a permit to mine the Doropo gold prospect. Read More
Goldplat PLC - gold miner and producer with recovery operations in Ghana and South Africa - Announces that Chief Financial Officer Brent Doster has resigned to take up another opportunity. Doster will remain with Goldplat until March 4 to provide an orderly transfer of his responsibilities. Goldplat will seek a new CFO, and in the interim the CFO responsibilities will be managed by the financial executive team in South Africa. Chair Gerard Kisbey-Green says: "Goldplat has benefitted significantly over the last three years from Brent's industry experience, and we thank him for his contribution over these years and wish him great success in his new venture". Read More
(Alliance News) - Bank of England Governor Andrew Bailey suggested he needed to "see more" to have the conviction to cut on Thursday, but sounded confident about a sustained return to the central bank's inflation target. Read More
Custodian Property Income REIT PLC - Leicester, England-based real estate investment trust - Announces disposal of an office building in Glasgow for GBP6.0 million, a 24% premium to the September 30 valuation. The firm says: "Monteith House, located on George Square in Glasgow city centre, is fully let to a single tenant with an annual passing rent of GBP500,000. The asset was acquired as part of the DRUM Income Plus portfolio acquisition in November 2021." Read More
C&C Group PLC - Dublin-based beer, cider, wine, spirits and soft drinks maker - Appoints Adam Phillips as chief financial officer and executive director, with him expected to take up this position in April. Phillips joins from Birmingham, England-based floor coverings distributor, Headlam Group PLC, where he has been CFO since March 2023. Headlam expects Phillips to depart following the company's full-year results and an orderly handover. Phillips succeeds Andrew Andrea, who will step down from the C&C board on March 13. Prior to his role at Headlam, he was group financial controller at transport operator Mobico Group PLC from 2019 to 2023. Headlam notes the search for a successor is underway. Read More
(Alliance News) - Syncona Ltd on Thursday posted an improved valuation, following what it viewed as an encouraging "recovery in the biotech sector", paving the way for shareholders to approve a potential payout boost. Read More
(Alliance News) - Metlen Energy & Metals PLC on Thursday said it will participate in a major road project on the Greek island of Crete, taking a stake in the concession holder. Read More