RAF Fairford 'safe' after US withdraws bombers, Downing Street says
(Alliance News) - Downing Street has insisted RAF Fairford is safe after the US withdrew its bombers from the base over new security concerns. Read More
(Alliance News) - Downing Street has insisted RAF Fairford is safe after the US withdrew its bombers from the base over new security concerns. Read More
AstraZeneca PLC - Cambridge, England-based pharmaceutical company - Says it has successfully completed its USD2 billion equity investment in Summit Therapeutics. The funding will accelerate the development of first-in-class bispecific antibody ivonescimab, which targets PD-1 and VEGF across multiple tumour types in combination with antibody-drug conjugates. Notes that it has also entered a clinical collaboration agreement with Summit to evaluate sonesitatug vedotin in combination with ivonescimab. They also intend to enter an additional deal, which would initiate a global development programme combining other AstraZeneca cancer medicines. Read More
Partners Group Private Equity Ltd - Guernsey-registered investment trust managed by Partners Group AG - Says shareholders have elected 48.8 million shares combined, or over 74% of its issued share capital, for redesignation as realisation shares under its reorganisation proposal. Shareholders could choose to either continue their investment, thereby retaining exposure to the firm's existing investment strategy in all material respects; or to redesignate some or all of their shares as realisation ordinary shares. The latter option would mandate the realisation of existing investments in line with the ordinary course business plan for each investment, the return of available proceeds to the shareholders, and the non-participation in any new investments made by PGPE. As a result, PGPE says it will withdraw the reorganisation resolution at its extraordinary general meeting on Wednesday, and only submit the managed wind-down resolution for approval. If shareholders do not approve it, PGPE will continue to be managed in accordance with its current investment objective and policy, and the directors will reassess the options available. Read More
(Alliance News) - First Minister John Swinney said he has "nothing to explain" following accusations that he misled Holyrood over claims about the UK government's pensions reform. Read More
(Alliance News) - Stocks in Europe were mixed on Monday, with the FTSE 100 outperforming as oil majors climbed on a rise in the Brent price due to continued Middle East tensions. Read More
(Alliance News) - Team PLC on Monday said it will acquire Hedley & Co Stockbrokers Ltd, as it is building a broader wealth management business. Read More
Bradda Head Lithium Ltd - North America-focused lithium explorer and developer - logs "significant" intersections of visible spodumene mineralisation at its Whistlejacket Lithium Project in Arizona. The company says it identified spodumene in three diamond drill holes, with a fourth hole in progress. Hole WSTL0020 returned 31.8 metres of visible fresh spodumene mineralisation from 161.85 to 193.65 metres; WSTL0021 returned intervals of 6.41 metres from 203.09 to 209.50 metres and 19.23 metres from 210.10 to 229.33 metres; while WSTL0022 returned 46 metres from 61.87 to 107.87 metres, all containing fresh spodumene mineralisation. Drilling continues at Whistlejacket with WSTL0023 to further define the three-dimensional shape of the main mineralised body. Bradda Head says assay results from WSTL0020 are expected in the coming weeks, with samples from WSTL0021 and WSTL0022 to follow. Executive Chair Ian Stalker calls the visual indications "highly encouraging" and says they give the company "real confidence" in the system's size and continuity. Read More
(Alliance News) - The UK government has instructed the Competition & Markets Authority to investigate the planned acquisition of TalkTalk Telecommunications Ltd and PlatformX Communications Ltd by BT Group PLC. Read More
(Alliance News) - Milton Capital PLC on Monday said it strengthened its balance sheet in the first half of the year, while it kept looking for a suitable acquisition target. Read More
(Alliance News) - The average UK five-year fixed homeowner mortgage rate on the market has reached the 6% mark for the first time in three years, according to a financial information website. Read More
First Class Metals PLC - Canada-focused mining and exploration company - Says it has discovered visible gold northeast of the Roy shafts. First Class Metals says it made the discovery while prospecting a gold and lead soil anomaly near an interpreted structural intersection identified from Lidar data. The company also says Pettigrew has advanced towards drill targeting, with phase 1 structural mapping and very low frequency and soil surveys now completed. It says the emerging geological interpretation provides the basis for a proposed initial drill programme of about 1,000 metres, while phase 2 structural mapping has commenced at Roy. First Class Metals also says it has been granted a three-year exploration permit for the Sunbeam property, where a drone survey is ongoing, and a non-binding letter of intent has been signed for an AI-enabled exploration collaboration. Read More
MP Evans Group PLC - Tunbridge Wells, England-based and Indonesia-focused palm oil producer - Announces extension to share buyback programme, which expired on September 15. Says programme will have a budget of up to GBP3 million, commencing with immediate effect. It will expire on December 15, at which point the board will consider a further extension. Says all shares repurchased will be cancelled. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Monday. Read More
CMC Markets PLC - London-based shares and spread betting trading platform - Chief Executive Officer Peter Cruddas acquires 161,000 shares at 623.85 pence, for GBP1.0 million, in London on Friday. Read More
(Alliance News) - Rockhopper Exploration PLC on Monday said its partner and Sea Lion project operator Navitas Petroleum Ltd is taking action to replace two contractors as Argentina's Sea Lion sanctions continue. Read More