(Alliance News) - CEPS PLC on Friday said the broader economic outlook should improve with the acceptance of US-imposed tariffs, as it posted an interim profit fall amid higher costs. Read More
Roadside Real Estate PLC - Abingdon, England-based investor in roadside property - Proposes disposal of its Commercial Property business to Tarncourt Properties Ltd, a company controlled by Chief Executive Charles Dickson and his family, for approximately GBP12 million gross, resulting in net consideration of GBP4.7 million. Roadside is selling all shares in the subsidiaries owning the properties which comprise the business. Says the gross consideration represents a premium to the assets' market value. Net proceeds will be set off against the amount due to Tarncourt under "the Tarncourt Facility", which is expected to have a GBP5.0 million balance with GBP7.0 million available to draw following the deal's completion. Company also plans to extend the facility's term to April 1, 2028, and increase it to GBP12.0 million. Roadside says the disposal will allow it to focus on "its roadside real estate business, and strategic focus of building and scaling a high-quality portfolio of modern operational roadside retail assets". Read More
(Alliance News) - London blue chips were higher around midday on Friday, outperforming their European peers, ahead of an expected pledge by US tech companies for multi-billion dollar investments into UK data centres. Read More
(Alliance News) - European Metals Holdings Ltd on Friday said it has refinanced a loan to its subsidiary Geomet, whilst noting a wider loss in the first half. Read More
(Alliance News) - Conroy Gold & Natural Resources PLC on Friday launched a non-brokered private placement to raise up to GBP1.5 million to support exploration at its Irish gold projects and for general working capital. Read More
(Alliance News) - Tech titans OpenAI and Nvidia Corp are reportedly planning to unveil billions of dollars of investment into UK data centres when they accompany US President Donald Trump on his state visit next week. Read More
(Alliance News) - PYX Resources Ltd on Friday announced a widened loss as revenue was much lower due to operations in Indonesia being suspended. Read More
(Alliance News) - Oracle Power PLC on Friday reported "significant strides" during the first half of the year, drawing optimism from its successful fundraising and project advancements. Read More
Serabi Gold PLC - Brazil-focused gold miner - Files technical report for its 100%-owned Palito complex in Para State, Brazil. The report, effective March 31 and dated September 3, supports the updated mineral resource and reserve estimates announced on July 31. It was prepared by NCL Ingenieria y Construccion Spa and reviewed by qualified persons under Canadian NI 43-101 standards. The report is available on SEDAR+ and the company's website. Serabi aims to double production through its Coringa project. Read More
Novacyt SA - Paris-based biotechnology group focused on clinical diagnostics - Reports conclusion of the Health & Safety Executive prosecution announced back in January against its non-trading subsidiary, Lab 21 Healthcare Ltd. The case relates to the use of biological agents at Lab 21's site in Axminster, Devon. Notes that Lab 21 pleaded guilty back in March to health and safety charges relating to the operation at the site between June 2018 and April 2019. Says a sentencing hearing took place on Thursday, with the court granting full recognition for an early guilty plea, with Lab 21 ordered to pay a GBP52,000 fine. Novacyt says the amount will be paid through existing cash resources and does not materially affect its financial position. Adds that the process is now concluded, with no further liability or legal action expected. Read More
(Alliance News) - Red Rock Resources PLC on Friday announced the sale of its gold royalty in Columbia to the owner of the El Limon mine. Read More
(Alliance News) - Volvere PLC on Friday said it is continuing to review acquisition and investment opportunities, as it noted that the market for raw materials is "showing some signs of stabilising". Read More