(Alliance News) - Aterian PLC on Thursday said it has been granted a mineral exploration licence for the Musasa region in Rwanda, and also announced a temporary suspension of activities at its Kigali site. Read More
JPMorgan UK Small Cap Growth & Income Trust PLC - invests for capital growth in UK-listed smaller companies - Outperforms benchmark in the financial year that ended July 31. Net asset value total return is 28%, compared to 13% for the trust's benchmark, the Numis smaller companies plus AIM index, excluding investment companies. NAV was 376.2 pence per share on July 31, up from 310.3p a year before. Due to an enhanced dividend policy, the trust will pay a dividend of 15.04p for the year ahead, up 50% from 10.06p in the year just ended. The enhanced dividend policy follows the company's merger with JPMorgan Mid Cap Investment Trust PLC back in February. It calls for paying in quarterly instalments each year 4% of the company's NAV at the end of the previous year. The trust still aims for capital growth, despite the enhanced payout plan, it says. The annual general meeting for the trust will be held on November 27. Read More
Nexxen International Ltd - Tel Aviv-based advertising technology platform - Seeking authorisation for a new USD50 million share buyback, as its current USD50 million programme will expire on November 1. Nexxen says it needs to comply with new Israeli regulations that require companies to await the expiration of a creditor objection period before starting share repurchases. Assuming no objections, Nexxen will go ahead with the new buyback. Repurchased shares will be held in treasury as dormant shares with no voting rights. Read More
Adriatic Metals PLC - Balkans-focused exploration & development company - Confirms interim chief executive officer Laura Tyler as permanent CEO & managing director. Tyler was appointed director in July this year and interim CEO in August, following a 35-year career in executive leadership roles related to underground, polymetallic mining operations, including chief technical officer at BHP Group Ltd. Read More
Empiric Student Property PLC - London-based owner and operator of student accommodation in the UK - Raises GBP56.1 million from the sale of 60.4 million new shares, equal to 10% of its existing total, at 93 pence each. The equity raise was in line with the company's plan to raise at least GBP50 million, which it announced after the London market close on Wednesday. Bookrunners Jefferies International Ltd and Peel Hunt LLP place 59.7 million shares with institutional investors, while 663,714 shares are sold in a retail offer. The fresh funds will be used to buy new student housing properties and refurbish existing ones. "This placing will allow the business to grow, drive operational margins and create long-term shareholder value," says Chief Executive Officer Duncan Garrood. Read More
(Alliance News) - Mercantile Investment Trust PLC on Thursday said net asset value grew in the first half of its financial year, as UK equity markets begin to show signs of recovery. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More
(Alliance News) - Rank Group PLC on Thursday reported better-than-expected profit margins, as net gaming revenue rose comfortably in its financial first quarter, with the company confident in its outlook. Read More
(Alliance News) - AJ Bell PLC on Thursday said it saw a "noticeable change" in contributions to pensions and tax-free cash withdrawals ahead of the UK government budget. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
(Alliance News) - Deliveroo PLC on Thursday backed its yearly outlook, after reporting third-quarter growth, and the food delivery firm said it has "many exciting opportunities ahead". Read More
(Alliance News) - Chemring Group PLC on Thursday said order intake for its 2024 financial year to date has risen in line with market expectations, despite current foreign exchange headwinds. Read More
(Alliance News) - Ibstock PLC on Thursday said it has managed the downturn in the UK building materials market "skilfully" and is in a strong position to benefit from its recovery. Read More
(Alliance News) - Centamin PLC on Thursday reiterated its full-year production guidance, as third-quarter revenue surges nearly 85% higher following strong gold production volumes. Read More
(Alliance News) - Rathbones Group PLC on Thursday said it continued to suffer net outflows following its merger with the UK wealth management business of Investec PLC. Read More