(Alliance News) - Aquila European Renewables PLC on Monday said it will hold investment adviser Aquila Capital Investmentgesellschaft mbH accountable, after reporting that investment asset Olhava is again in breach of debt covenants. Read More
(Alliance News) - Potter & Moore PLC on Monday reported lower earnings for the full financial year, but raised its dividend. Read More
(Alliance News) - Bridgepoint Group PLC on Monday said it has taken a majority stake in Danish drone and defence technology firm UMag Solutions ApS. Read More
(Alliance News) - De Beers announced Monday it will pause production at South Africa's largest diamond mine for two years to reduce costs while trading conditions remained tough. Read More
(Alliance News) - Pennant International Group PLC on Monday said it expects to report higher revenue for the first half of the year after "a number of strategic contract wins". Read More
(Alliance News) - Nichols PLC on Monday announced the launch of a new protein water range, part of a multi-year brand licence agreement with Manchester, England-based online retailer of sports nutrition and beauty products, THG PLC. Read More
(Alliance News) - Heathrow airport on Monday reported an annual decline in passenger traffic in June, as a World Cup boost to travel to North America was more than offset by a drop in flyers to the war-torn Middle East. Read More
(Alliance News) - Stock prices in London were lower at midday on Monday, with weakness in technology and financial shares offsetting gains in telecoms stocks, while investors kept a close eye on the latest escalation in the Middle East. Read More
(Alliance News) - British American Tobacco PLC is being sued by investors over allegations it failed to inform the stock market about its operations in North Korea, The Times reported Sunday. Read More
(Alliance News) - Henry Boot PLC on Monday said its property investment and development arm has secured forward funding for the first phase of the Golden Valley mixed-use development. Read More
Derwent London PLC - owns real estate portfolio in central London worth GBP5 billion - Signs up to a GBP100 million unsecured revolving credit facility with the UK arm of Sweden's Handelsbanken. The new RCF has a five-year term with two one-year extension options. It also has a GBP50 million accordion option. Derwent London doesn't provide the interest rate of the RCF but says its margin over a benchmark and financial covenants are in line with the company's other bank facilities. Read More
Rathbones Group PLC - London-based investment and wealth manager - Ends share buyback after buying 939,315 shares at an average price of GBP16.22 per share for GBP15.2 million in total. When launching the buyback in June, Rathbones set GBP20 million as the maximum amount. However, Rathbones on Monday says the buyback has been concluded because the shareholding of Investec PLC and Ltd has reached the level agreed when Rathbones bought Investec's UK wealth business in 2023 in an all-share deal. This is a 29.90% voting interest and 41.25% economic interest. Rathbones now has 90.5 million shares for a GBP1.50 billion market capitalisation. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Ixico - London-based medical research company, focused on analysing trial data using neuroscience imaging and biomarkers - Says the discontinuation of two Huntington's disease programmes by existing clients reduces its contracted order book by around GBP1.5 million over the next two financial years. Ixico notes it secured GBP8.0 million of new Huntington's disease programme awards in the first half and says its order book remains 21% above the end of financial 2025. It adds that programme cancellations are a normal feature of drug development and reiterates recently upgraded guidance for financial 2026 and its outlook for 2027. Read More
Gulf Keystone Petroleum Ltd - Bermuda-registered oil producer focused on Kurdistan - Says gross production volume has "successfully ramped up" to over 43,000 barrels of oil per day. This follows production and export operations restarting on June 24, after they were halted in February due to the outbreak of the US-Israeli war with Iran. The company was also discussing a revised Shaikan Field Development Plan with Kurdistan’s Ministry of Natural Resources at the time. Gulf Keystone says well activities are now underway to bring incremental production online in the coming weeks. Says it is still closely monitoring the security environment in Kurdistan and the wider region. Read More