Colefax Group PLC - London-based designer and distributor of furnishing fabrics and wallpapers - Noting "strong" trading in the US, says trading in its key Fabric Division "has been ahead of expectations" since late-January. It now sees pretax profit for the financial year ended April 30 of no less than GBP10.5 million, which would represent a rise from GBP8.9 million the year prior. Read More
(Alliance News) - Claims that B&M European Value Retail SA stopped purchasing products from a supplier as "retaliation" for an investment bid breaking down are "wholly without merit", the discount chain has told the High Court. Read More
(Alliance News) - EQT Fund Management Sarl on Friday confirmed Intertek Group PLC rejected its improved offer proposal, stating that it was "disappointed" by the board's lack of engagement. Read More
Permanent TSB Group Holdings PLC - Dublin-based bank - Says it has made a "positive start to 2026" ahead of its EUR1.62 billion takeover by Vienna-based lender Bawag Group AG. Total operating income increases by 10% in the first quarter from a year before and by 6% on an underlying basis, while total operating costs rise by 6%, or by 1% on an underlying basis. Permanent doesn't provide the actual figures for these in its trading update on Friday, only the percentage changes. Guidance for 2026 remains unchanged. Read More
(Alliance News) - Vaalco Energy Inc on Friday said the first quarter of 2026 represented an "inflection point", as it posted a swing to a loss amid softer net revenue. Read More
(Alliance News) - Dangote Cement PLC will seek a secondary listing in the UK this year, the Financial Times reported on Thursday. Read More
(Alliance News) - Stock prices in London were mixed at midday on Friday, as markets wait for further news on the conflict in the Middle East, and note "very tough" local election results for the UK's governing Labour Party. Read More
(Alliance News) - Gulf Marine Services PLC on Friday said that its results reflected "the war in the Gulf" as it posted a fall in first-quarter earnings and revenue. Read More
(Alliance News) - Edinburgh Worldwide Investment Trust PLC on Friday said the new board plans to keep the investment trust's committee structure for the time being, after Saba Capital Management LP succeeded in ousting EWIT's board last week. Read More
(Alliance News) - Emmerson Resources Ltd will seek shareholder approval for its takeover by Pan African Resources PLC at a general meeting next month. Read More
Kistos Holdings PLC - London-based oil and gas producer from offshore and onshore assets in the UK, Norway, and the Netherlands - Executive Chair Andrew Austin is ordered by the UK High Court to transfer half of his Kistos shares to his ex-wife Kulie Austin as part of a divorce settlement. Following the no-cost transfer, Andrew Austin and Kulie Austin each will hold 3.0 million Kistos shares directly and 4.1 million via their pension schemes. As part of the property division arrangements, Kulie Austin agrees to vote on company matters as directed by Andrew Austin and only to sell shares when he sells. As a result, Andrew Austin retains voting rights over all 14.3 million shares, a 17.3% stake worth GBP41.5 million in total. Read More
Seraphim Space Investment Trust PLC - London-based investor in 'SpaceTech' companies, such as space-based mobile phone connectivity - Raises GBP136.5 million in equity from issue of 136.5 million new C shares at 100 pence each. The equity raise was announced last month. Seraphim Space hadn't announced a fundraising target at the time, but it asked a general meeting held on Wednesday this week for authority to issue up to 350 million shares. In the event, brokers Deutsche Numis and JP Morgan Securities place 76.4 million shares with institutional investors, another 15.1 million are taken in direct subscriptions by an institutional investor, and the remaining 45.0 million are purchased by retail investors via the RetailBook platform. Read More