(Alliance News) - Social Housing REIT PLC on Wednesday announced its acquisition of a senior living portfolio from Resi Portfolio Holdings Ltd, a subsidiary of Residential Secure Income PLC. Read More
(Alliance News) - Hargreaves Services PLC on Wednesday said it expects to report full-year revenue ahead and pretax profit in line with current market expectations. Read More
(Alliance News) - Smiths News PLC on Wednesday announced a contract to 'extend and expand' its partnership with News Corp's News UK & Ireland Ltd. Read More
(Alliance News) - Oxford Metrics PLC on Wednesday outlined new mid-term ambitions as it reported higher sales and a trimmed half-year loss. Read More
Frontier IP Group PLC - London-based company focused on commercialising intellectual property - Raises gross proceeds of approximately GBP3.9 million through a placing of 32.3 million shares at 12 pence each, and approximately GBP120,000 through a subscription for 1.0 million shares. Placing comprises 6.9 million firm placing shares and 25.4 million conditional placing shares. Gross proceeds total approximately GBP4.0 million. Six directors participated in the subscription, including Chief Executive Officer Neil Crabb, who subscribed for 583,333 shares worth GBP70,000, and Non-Executive Chair Julia King, who subscribed for 177,750 shares worth GBP21,330. Frontier IP is also conducting a separate conditional retail offer to raise up to approximately GBP400,000 before expenses. Expects this to close on Thursday evening. Company announced the placing, subscription and retail offer on Tuesday, saying it was "at an important inflexion point". Intended uses for the proceeds include "near-term milestones and portfolio realisations," continued development of its SC2 facility, and "selectively" supporting portfolio companies. Read More
(Correcting Dan Whitestone's name in headline). Read More
(Alliance News) - Speedy Hire PLC on Wednesday cut its dividend as annual pretax losses mounted, but reiterated guidance after a good start to the new financial year. Read More
(Alliance News) - Stock prices in London were little changed at midday on Wednesday, with investors digesting easing oil prices and steady UK inflation, while awaiting the Federal Reserve's interest rate decision later in the day. Read More
Blackrock Smaller Cos Trust PLC - investment trust focused on smaller UK quoted companies - Says Managing Director and Head of Emerging Companies Team Dan Whitestone decides to leave Blackrock to take some time away from the industry. Notes Lead Manager Roland Arnold continues as sole manager of the portfolio, and will replace Whitestone as head of the emerging companies team. Read More
Metlen Energy & Metals PLC - Athens-based aluminium producer and electricity generator - Executive Chair Evangelos Mytilineos, through Kilteo Ltd, buys 15,000 shares at EUR41.12 for EUR616,800 on Tuesday in Athens. Read More
WH Smith PLC - Swindon, England-based travel retailer - Opens new store, described as a "one-stop-shop retail destination," at Belfast International Airport, which is part of Vinci SA's Vinci Airports network. The store is in the airside departures concourse and caters to leisure and business travelers, offering "a comprehensive range" of foods and drinks, health and beauty products, "travel essentials" and other items. Company and airport also highlight "clear navigation, efficient checkout areas, and a layout tailored to high passenger flow." Announcement follows WH Smith, earlier in June, again lowering its full-year guidance for the second time in three months to forecast headline pretax profit before non-underlying items of GBP75 million to GBP90 million for the year ending August 31. This would be down on-year from GBP108 million. Company also said it had raised GBP106 million via a placing, subscription and retail offer. Read More
(Alliance News) - Dar Global PLC on Wednesday marked its fifth anniversary, highlighting its USD23 billion gross development value and noting plans for further growth in asset management, real estate technology solutions and hospitality. Read More