PRESS: Vistry plans job cuts to preserve cash - Sunday Times
(Alliance News) - Vistry Group PLC is looking to cut a swathe of jobs to preserve cash, the Sunday Times reported. Read More
(Alliance News) - Vistry Group PLC is looking to cut a swathe of jobs to preserve cash, the Sunday Times reported. Read More
(Alliance News) - The UK government is expected to drop its target for electric vehicle sales after pressure from the industry over feared job losses, according to reports. Read More
(Alliance News) - British forces on Sunday intercepted a sanctioned oil tanker belonging to Russia's shadow fleet in the English Channel, the defence ministry said, in a six-hour operation hailed by Kyiv. Read More
(Alliance News) - J Sainsbury PLC has started a search for a new chair, Sky News reported on Saturday. Read More
(Alliance News) - AstraZeneca PLC on Friday said a Truqap combination has been approved by the US Food & Drug Administration as a first and only targeted treatment for PTEN-deficient metastatic hormone-sensitive prostate cancer. Read More
Beowulf Mining PLC - explorer of iron ore, graphite, gold and base metals, targeting Sweden, Finland and Kosovo - Enters into a binding agreement with Bacchus Capital Advisers Ltd for a GBP3.7 million investment, as part of a total proposed financing of GBP4.3 million. This provides capital to advance core assets through to the end of 2027 and strategically positions Beowulf to be a key participant in the global critical and defence minerals sector. "The backing from Bacchus Capital & Affiliates marks a significant step in progressing the company and our core assets - providing stabilisation and enabling us to focus on advancing key workstreams across our portfolio," says Chief Executive Ed Bowie. Bacchus Capital & Affiliates has the right, from completion of the investment, to appoint two non-executive directors, including the chair, to represent their shareholder interests. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The FTSE 100 ended the week on the front foot as Iran claimed a deal with the US has "never been closer", while investors were glued to dealing screens as trading in SpaceX kicked off. Read More
(Alliance News) - Hutchmed China Ltd on Friday said phase III trial results for its investigational drug sovleplenib showed significant efficacy and a favourable safety profile in patients with warm antibody autoimmune hemolytic anaemia, or wAIHA. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Pri0r1ty Intelligence Group PLC on Friday reported a hefty full-year loss reflecting reverse takeover and listing costs, and higher administrative expenses. Read More
(Alliance News) - Severfield PLC on Friday said it has signed a new three-year banking facility agreement with its existing lending syndicate. Read More
Ascent Resources PLC - oil and gas exploration and production firm with principal assets in Slovenia and the US - Says the in-progress audit of its 2025 accounts is taking longer than expected. Attributes this to delays in the consolidation of its US acquisitions, due to system issues affecting its US accounting firm, and to the amount of work needed to capture acquisitions from May last year in its audit cycle. Results will therefore be published after June 30, the deadline provided by AIM's rules. Ascent shares will therefore be temporarily suspended from trading on AIM, effective from 0730 BST on July 1, until the company releases its accounts. Ascent currently expects to do so before the end of July. Says it is working closely with its auditors to complete the audit process as soon as practically possible, and that it will give further updates as appropriate. Read More
Enwell Energy PLC - Ukraine-focused oil and gas exploration and production company - Says all resolutions were passed at its annual general meeting on Friday morning, except for resolution 2, to re-elect non-executive chair Chuck Valceschini as a director. The resolution received 11.82% of votes in favour, but 88.18% against. Consequently, Valceschini has ceased to be a director, effective immediately. Enwell says Finance Director Bruce Burrows will act as interim chair until it appoints Valceschini's permanent successor. Read More
(Alliance News) - Zenith Energy Ltd on Friday responded positively to the European Commission's approval of a EUR23 billion Italian State aid scheme to support renewable electricity production. Read More