Revel Collective posts widened annual loss amid restructuring plan
(Alliance News) - Revel Collective PLC on Tuesday said its annual loss widened during its 2024 financial year, due to the effects of its now-completed restructuring plan. Read More
(Alliance News) - Revel Collective PLC on Tuesday said its annual loss widened during its 2024 financial year, due to the effects of its now-completed restructuring plan. Read More
(Alliance News) - New energy infrastructure locations will be outlined in a strategic plan to help speed up "the transition to clean power" and provide long-term certainty to investors, the government said. Read More
(Alliance News) - Stock prices in London were lower on Tuesday, with only a handful of large-caps in the green amid a more hawkish skew to Federal Reserve interest rate expectations. Read More
(Alliance News) - System1 Group PLC on Tuesday said it anticipates to report a sound increase in profit and revenue as it won over a higher number of new platform clients than a year ago. Read More
Pinewood Technologies Group PLC - Birmingham-based provider of software to the automotive retailing sector, formerly part of car dealership chain Pendragon - Marshall Motor Group will be the first "non-associated" major UK dealer to use its software. The pact with the Constellation Automotive Group-owned firm is for five-years. Constellation also owns cinch, BCA and webuyanycar. "The contract represents the first non-associated major dealership group in the UK to adopt the Pinewood product suite following the recent successful implementation into the Litha Motors' UK businesses (formerly Jardine Motor Group and Pendragon)," Pinewood adds. Read More
(Alliance News) - Genflow Biosciences PLC on Tuesday said it has secured EUR4 million in funding from the Wallonia region in Belgium, to support its gene therapy development work. Read More
Brave Bison Group PLC - London-based digital advertising and technology service provider - Completes capital reduction to allow dividend payments. A capital reduction is an accounting exercise that frees up distributable reserves, which in turn can be used to pay dividends and make share buybacks. Brave Bison says its capital reduction, which was approved by shareholders back in June, has increased its distributable reserves by GBP158.4 million. "Whilst there is no current intention to return any amounts to shareholders, the board intends to keep this under review and wishes to be able to proceed if this is thought to be in shareholders' interests," Brave Bison explains. Read More
(Alliance News) - Capital & Regional PLC said on Tuesday it had chosen insider Stuart Wetherly as its acting chief executive officer, with immediate effect. Read More
(Alliance News) - Shoe Zone PLC on Tuesday said it expects to report a more than 40% drop in annual profit for its 2024 financial year, following a second half weakened by "unseasonal weather" and rising costs. Read More
(Alliance News) - Stock prices in Johannesburg were lower at midday on Tuesday, after data from the South African Reserve Bank showed that South Africa's leading indicator declined on a monthly basis in August. Read More
Impax Asset Management Group PLC - London-based asset manager focused on investments in the renewable energy, waste and water management sectors - Receives notice from St James's Place Unit Trust Group Ltd on the termination of Impax's mandate to manage a portion of the St James's Place Global Quality Unit Trust Ltd, a multi-manager fund subject to asset allocation decisions by St James's Place Unit Trust Group. The termination is expected to take effect in early November. Read More
(Alliance News) - Water companies have asked to hike consumer bills by even more than they originally requested, according to figures released by watchdog Ofwat on Tuesday. Read More
Seplat Energy PLC - Nigeria-focused energy supplier - Says that the Nigerian government approves acquisition of Mobil Producing Nigeria Unlimited, or MPNU, noting that the Nigerian Upstream Petroleum Regulatory Commission confirms the approval by Bola Tinubu, who is the president of Nigeria and the minister of Petroleum Resources. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - Wickes Group PLC on Tuesday said its full-year profit expectations remain unchanged following positive third quarter trading. Read More