(Alliance News) - Pan African Resources PLC said on Friday it will decide on investment in its Soweto tailings retreatment project in December after completing a crucial study. Read More
European Metals Holdings Ltd - Czechia-focused mineral exploration and development company - On Friday, reports a pretax loss for the first half of the period ended June 30 of AUD3.2 million, about GBP1.7 million, up 14% from AUD2.8 million the previous year. Share of loss of equity accounts investee AUD1.8 million, up 29% from AUD1.4 million. Share-based payments were AUD9.2 million, up from nothing. Foreign exchange gain was also AUD12.1 million, down 84% from AUD76.9 million. Says significant progress was made in advancing the Cinovec Lithium Project. Read More
Tharisa PLC - Paphos, Cyprus-headquartered platinum miner in South Africa and Zimbabwe - Prices its sale of USD300 million in five-year senior secured bonds by subsidiary Arxo Finance PLC at 98% of principal with a semi-annual coupon of 11.0%. Tharisa says the bond offering, run by DNB Carnegie and HSBC as joint bookrunners, was oversubscribed, with strong demand from institutional investors across Europe, the UK, the Middle East, North America, and Asia. Tharisa Chief Executive Officer Phoevos Pouroulis calls the results "highly satisfactory". Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Friday. Read More
(Alliance News) - RTW Biotech Opportunities Ltd on Friday said there was an additional investment in the financing of private portfolio company Encoded Therapeutics. Read More
(Alliance News) - Circle8 Group Inc on Friday confirmed it has submitted a proposal to acquire larger peer SThree PLC in a possible cash offer, calling the proposed combination a "compelling strategic opportunity". Read More
(Alliance News) - Supermarket Income REIT PLC on Friday said it has acquired a portfolio of six new assets across England and Scotland for GBP104 million. Read More
Partners Group Private Equity Ltd - Guernsey-registered investment trust managed by Partners Group AG - Net asset value per share edges up 0.1% in July to EUR11.58 at month-end. The equates to total NAV of EUR771.3 million. Portfolio revaluations during July provide a 0.3% increase to NAV, but 0.3% in negative currency movement offset this. PGPE receives EUR4.7 million in distributions from portfolio companies during July, led by Rosen Group, a Stans, Switzerland-based provider of inspection services for energy infrastructure. However, PGPE says the three top drivers of value creation within its portfolio during July are KinderCare Learning Cos, Forterro and Version 1. Read More
(Alliance News) - Berkeley Group Holdings PLC on Friday said trading has been in line with the cautious outlook it released in June, as the war in the Middle East and political uncertainty in the UK has hampered the housing market. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
everplay group PLC - Wakefield, England-based independent video game developer and publisher of premium video games, working simulation games and children's edutainment apps - Says its Wardogs tactical first-person shooter sells more than 1 million copies on its first day of release on steam early access on Thursday. The game also reaches more than 340,000 concurrent players on Steam. Bulkhead developed Wardogs, and Team17 published it. Everplay has a strategic partnership with Bulkhead through its stake in Super Media Group Ltd. Read More
(Alliance News) - C&C Group PLC on Friday said it has agreed to buy wholesale operations in the UK of Tokyo-based brewer Asahi Group Holdings Ltd for a "nominal consideration". Read More
(Alliance News) - Stock prices in London opened slightly higher on Friday, as surprisingly strong UK economic growth offered some support to equities, while investors remained wary of elevated oil prices and awaited US inflation data. Read More
East Star Resources PLC - Kazakhstan-focused gold and copper explorer - Says its gold exploration joint venture with Endeavour Exploration Ltd, a subsidiary of Endeavour Mining PLC, is moving into systematic exploration. Endeavour can earn a 51% interest by funding USD5 million of qualifying exploration expenditure during a two-year Stage 1 period. Read More
Applied Nutrition PLC - Liverpool-based sports nutrition and wellness products - Chief Executive Officer Thomas Ryder and Chief Operating Officer Steven Granite sell 7.0 million shares in total, a 2.8% stake in Applied Nutrition, via a placing run by broker Panmure Liberum Ltd. The shares are sold at 275 pence each, making the disposal worth GBP19.3 million. Ryder and Granite held a 40.1% stake in the company between them. Following the sale, CEO Ryder remains the company's largest shareholder at 32.5%. Applied Nutrition doesn't provide the resulting shareholding of COO Granite. It notes that the sale is the first by the two executives since Applied Nutrition's London listing two years ago. They have agreed to sell no further shares for at least 180 days. Read More