(Alliance News) - Stock prices in Europe were on the up on Thursday afternoon, ahead of a US inflation reading which represents the last obstacle before an expected Federal Reserve cut. Read More
Rockfire Resources PLC - London-based base metal, critical mineral and precious metal miner - Confirms that diamond drilling to upgrade the resource at its 100%-owned Molaoi zinc deposit will start on Monday, September 15. Expects, upon completion, a maiden germanium inferred resource and an upgrade from the JORC Inferred to Indicated category. Drilling rig has arrived on site with 30 holes planned at varying depths from 200 metres to 450 metres. Expects drilling to total approximately 10,000 metres in total, with continuous work until at least February next year. Rockfire will release results for each hole upon receipt from the laboratory. Read More
(Alliance News) - Warehouse REIT PLC on Thursday said the cancellation of its listing on the London Stock Exchange's Main Market will take effect on October 9, following Blackstone Inc's Wapping Bidco Ltd securing majority control of the company. Read More
(Alliance News) - Distribution Finance Capital Holdings PLC on Thursday reported "record new lending" during the first half of 2025 and a rise in "overall profitability". Read More
(Alliance News) Wheaton Precious Metals Corp on Thursday said it has committed funding to support Carcetti Capital Corp's proposed acquisition from Barrick Mining Corp of the Hemlo Mine in Canada. Read More
(Alliance News) - Kenmare Resources PLC on Thursday said it has started work to connect two new dredges and the feed preparation unit to wet concentrator plant A in an upgrade project. Read More
Evoke PLC - Gibraltar-based betting and gaming operator and owner of the William Hill and 888 brands - Successfully prices an offering by subsidiary 888 Acquisitions Ltd of EUR600.0m in 8.000% senior secured notes due 2031. These notes are expected to be issued on September 24. Adds that it has entered a new multi-currency revolving credit facility worth GBP200.0 million, replacing its existing RCFs. Proceeds from the offering and drawings from the RCF are earmarked to redeem in full the EUR582 million 7.558% senior secured fixed rate notes due 2027, says Evoke, and to refinance amounts under the existing EUR200 million RCF. Consequentially, the company expects cash interest costs to fall by around GBP5 million annually, coupled with an extension to its maturity profile. Also estimates a GBP17 million increase in net debt on completion, and an improved currency mix of debt. Read More
(Alliance News) - Schroder Asian Total Return Investment Co PLC on Thursday reported a decline in net asset value during the first half of 2025, while its total return underperformed against its benchmark. Read More
(Alliance News) - Ireland's annual consumer price index inflation accelerated in August, data published by the Central Statistics Office showed Thursday. Read More
(Alliance News) - Mid Wynd International Investment Trust PLC on Thursday said tech firms such as Apple Inc, Adobe Inc and Alphabet Inc were the main detractors as its net asset value fell in its financial year. Read More
(Alliance News) - Peter Mandelson has been withdrawn as ambassador to the US after emails revealed the depth of his relationship with paedophile financier Jeffrey Epstein. Read More
(Alliance News) - Oakley Capital Investments Ltd on Thursday reported higher net asset value during the first half of 2025, and maintained confidence despite "broader challenges" in the market. Read More
(Alliance News) - HRC World PLC on Thursday said it will move its listing fully and solely to the Aquis Stock Exchange in London from Nasdaq Copenhagen due to the discontinuation of services by VP Securities AS, or Euronext. Read More
NewRiver REIT PLC - London-based real estate investment trust, focused primarily on retail and leisure property - Says credit ratings agency Fitch Ratings affirms its long-term issuer default rating at BBB with a stable outlook. Reports a senior unsecured rating at BBB+ and short-term issuer default rating at F2. Notes that the senior unsecured rating applies to its GBP300 million unsecured bond dated 2028. Read More
Picton Property Income Ltd - Guernsey-based property investment company - Intends to launch a further buyback worth up to GBP12.5 million. This follows its buyback initiated in January, with Picton having deployed GBP17.3 million between January 30 and July 29 to repurchase shares. Picton believes the current share price "significantly undervalues" the company. Says it will continue to repurchase shares as a means of creating value for shareholders should the valuation gap persist. Notes it has instructed broker Stifel Nicolaus Europe Ltd to purchase the shares. Adds that the decision to commence the further buyback follows the unconditional exchanging of contracts for the disposal of an office asset, due to complete this month. Read More