(Alliance News) - LBG Media PLC on Tuesday cited challenging trends in search traffic and algorithm changes for lower profit in its first half, as it revised down full-year guidance. Read More
Lindsell Train Investment Trust PLC - investment trust created by Michael Lindsell and Nick Train and managed by Lindsell Train Ltd that invests for long-term total returns while maintaining real purchasing power of capital in sterling terms - LTIT says it "materially" underperformed its benchmark index in the financial year that ended March 31, as its net asset value falls. NAV per share at the end of March is 716.1 pence, down 25% from 952.1p a year earlier. NAV total return for the financial year is minus 21%, compared to a 16% gain for its benchmark, the MSCI world index in sterling. Read More
(Alliance News) - The UK competition regulator has launched a phase 1 investigation into Paramount Skydance Corp's proposed acquisition of Warner Bros Discovery Inc. Read More
Afentra PLC - Africa-focused oil and gas explorer and producer with interests onshore and offshore Angola - Raises GBP2 million gross from a retail share offer, selling 3.0 million new shares at 67 pence each. The retail offer is in addition to USD40 million, about GBP30 million, already raised from an oversubscribed institutional placing of 44.3 million shares at the same price. About half of the share placing is conditional on shareholder approval at a general meeting that Afentra calls for June 25. Read More
Vaalco Energy Inc - Canada and Africa-focused hydrocarbon explorer - Announces successful resumption at its Baobab field on the CI-40 block offshore Ivory Coast, after a nine-month refurbishment of the Baobab Ivoirien floating production storage & offloading vessel in Dubai. Chief Executive Officer George Maxwell says: "We are excited that the Baobab field on the CI-40 block offshore [Ivory Coast] has restarted production in line with our projected timeline. We have the CI-40 block license extended through 2038 and believe that there is significant development drilling upside at Baobab. In early 2024, we had no assets in [Ivory Coast] and now we have developed a strong position with development and exploration potential. We are at a critical junction, with successes in the Gabon drilling campaign and the Baobab field returning to production, and we believe that the remainder of 2026 will be very impactful. We remain focused on execution and driving meaningful growth through our organic capital programs that we believe will translate into value for our shareholders in 2026 and beyond." Read More
(Alliance News) - Fevertree Drinks PLC on Tuesday announced a GBP30 million extension to its share buyback programme and said it remains confident of achieving full-year market expectations. Read More
(Alliance News) - PureTech Health PLC on Tuesday highlighted positive phase 1 data from Seaport Therapeutics Inc for GlyphAgo, supporting plans to advance the experimental treatment into mid-stage trials for generalised anxiety disorder. Read More
(Alliance News) - BioPharma Credit PLC on Tuesday announced a new investment of up to CHF75 million, around USD94.2 million, in Allschwil, Switzerland-based Idorsia Pharmaceuticals Ltd as part of a larger CHF250 million senior secured financing package. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday. Read More
(Alliance News) - Breedon Group PLC on Tuesday said it agreed to buy Falling Springs Quarry for an equity value of USD120 million. Read More
(Alliance News) - Costain Group PLC on Tuesday said that it has been selected by Transport for London as one of three contractors on its Infrastructure Improvement Framework, which carries a total value of around GBP700 million. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Tuesday. Read More
Silver Bullet Data Services Group PLC - London-based marketing services provider - Calls general meeting for June 25 to ask shareholders to approve its de-listing from the AIM market in London after just five years as a public company. Silver Bullet listed on AIM in June 2021 at 257 pence per share, but its shares have plunged since, losing a further 64% after Tuesday's announcement. Read More
(Alliance News) - Keller Group PLC on Tuesday said it has been awarded a contract variation order relating to the reconstruction of the I-40 highway in the US. Read More
(Alliance News) - Fidelity China Special Situations PLC on Tuesday said the long-term opportunity in China remains "compelling" as it reported an increase in full-year net asset value per share. Read More