TRADING UPDATES: Sancus Lending names Andrew Charnley as new CEO
10th Jul 2026 18:41
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The FTSE 100 closed higher on Friday in calmer trading, boosted by double-digit gains from telecommunications firm Vodafone. Read More
Telecom Plus PLC - London-based provider of bundled household utility services - Chair Charles Wigoder buys 250,000 shares at 826.96 pence, for a total of GBP2.1 million, on Friday in London. Wigoder now has a beneficial interest in 6.3 million shares and a non-beneficial interest in 3.1 million shares through the Wigoder Family Foundation. These represent holdings of 8.0% and 3.9%, respectively. Read More
GRIT Investment Trust PLC - invests in small and mid-cap natural resources and mining companies - Announces that it is in discussions with a mining resources-focused company. Says it is considering signing non-binding heads of terms for a reverse takeover. If it does not enter the heads of terms, and/or the RTO does not proceed, GRIT "will consider its options". These include seeking a cancellation of its listing. Notes that trading in its securities remains suspended while the talks continue. Read More
Paragon Banking Group PLC - Solihull, West Midlands-based mortgage lender and provider of personal loans and business financing - Completes the disposal of subsidiary Specialist Fleet Services Ltd to NRG Fleet Services Ltd. The transaction adds approximately GBP40 million to Paragon's net tangible assets and 0.5% to its common equity tier one ratio, as expected. Read More
(Alliance News) - easyJet PLC on Friday said it has agreed in principle to a GBP5.7 billion takeover proposal from asset manager Apollo Management X LP that beats one it had agreed to from a rival US private equity firm. Read More
Harbour Energy PLC - oil and gas producer with operations across Europe, Latin America, North Africa and Southeast Asia - Says it has completed the acquisition of Waldorf Energy Partners Ltd, and Waldorf Production Ltd, for final consideration of USD163 million. Says this follows the receipt of all regulatory approvals, and the full and final settlement of all creditors' claims against the acquired Waldorf subsidiaries. Final consideration is after customary adjustments, and reflects a transaction effective date of January 1, 2025. Harbour announced in December that it had agreed to acquire all the subsidiaries of Waldorf Energy and Waldorf Production for USD170 million. It said it expected the deal to add oil-weighted production of 20 thousand barrels of oil equivalent per day and 2P reserves of 35 million. The acquisition increases Harbour's interest in its operated Catcher field to 90% from 50%, and provides a new production base in the Northern North Sea with the addition of a 29.5% non-operated interest in the Kraken oil field. Read More
Wizz Air Holdings PLC - Budapest-based budget airline - Announces two new operational bases in Madrid and Valencia, Spain. Says operations are due to commence on November 3 and November 2, respectively, with both airports having aircraft permanently stationed there. Calls this "one of the airline's most significant investments in Spain to date," reinforcing Spain's "strategic importance within the airline's network." Intends to launch 10 new domestic and 3 international routes, plus "7 new routes all across Spain" and increased frequency for "multiple existing routes". Company states: "This milestone is only the beginning. The new bases create the infrastructure needed to support continued expansion in the years ahead, strengthening Wizz Air's presence in Spain while bringing even greater connectivity to customers and local communities." Read More
(Alliance News) - Suspicious share trading activity occurred before more than four out of 10 UK takeover announcements last year, the UK's financial watchdog said on Thursday. Read More
LPA Group PLC - Essex, England-based engineering company focused on electronic systems - Secures rail aftercare contracts worth a combined GBP989,000 over the past five weeks, with deliveries due to begin in October. The awards include a GBP550,000 contract to supply rail components for a UK train fleet refurbishment programme and a GBP349,000 deal to manufacture inter-car jumpers for a multinational train maker's overhaul programme. The remaining GBP90,000 comprises smaller components and spares contracts. Read More
(Alliance News) - Social media platforms and search engines will be held accountable for tackling scam advertising under new laws proposed by UK regulator Ofcom. Read More
Ruffer Investment Co Ltd - Guernsey-registered investment trust managed by London-based Ruffer LLP - Net asset value per share is 301.70 pence on June 30, down 1.3% from 305.67 pence a month before. The June decline in NAV swings the trust's return in 2026 so far to negative 0.1% from positive 1.2% at the end of May. However, NAV per share remains up 4.4% over the past 12 months. Ruffer says the "marginally negative" performance last month was due to "protection assets losing value as volatility retraced, and some of the contrarian growth exposure continuing to decline". More positive was the trust's increased exposure to the US dollar, which benefited from the expectation of a US rate hike this year following the first Federal Reserve policy meeting under Chair Kevin Warsh. Read More