Porvair PLC - Norfolk, England-based environmental and specialist filtration technology - Says it has performed in line with expectations during the first four months of 2025, and it is monitoring near-term macro-economic uncertainty. Notes the group's manufacturing footprint mainly serves local customers, and it sees no change in its long-term strategic outlook or global growth drivers. Read More
European Smaller Cos Trust PLC - managed by Janus Henderson, invests in smaller European firms for capital growth - Calls general meeting for May 7 to approve a tender offer for up to 42.5% of its shares. European Smaller Cos has a market capitalisation of GBP721.5 million, so the tender offer is worth just over GBP300 million. Transaction costs, excluding portfolio realisation costs and stamp duty, will be up to GBP690,000. The plan to buy back shares follows "constructive negotiations" between the trust's board and Saba Capital Management LP. The US activistic investor enters a standstill agreement with European Smaller Cos as a result of the tender offer. Saba will tender 115.4 million shares that it owns in European Smaller Cos, worth about GBP211.4 million. Read More
(Alliance News) - Accesso Technology PLC on Tuesday said profit rose by a third during 2024, as a result of reduced expenses and business expansion in the Middle East. Read More
(Alliance News) - Halfords Group PLC on Tuesday said it expects to top prior profit guidance for its most recent financial year, and said Graham Stapleton has stepped down as chief executive officer. Read More
(Alliance News) - De La Rue PLC on Tuesday accepted a takeover offer from US private equity firm Atlas Holdings LLC, preferring it to a rival bid from Disruptive Capital GP Limited and Pension SuperFund Capital. Read More
(Alliance News) - Tullow Oil PLC on Tuesday said it has sold all its interests in Kenya to local firm Gulf Energy Ltd for USD120 million plus potential royalties. Read More
(Alliance News) - Stock prices in London were higher at midday on Tuesday, while overseas Germany's economic outlook has declined in the eyes of financial experts after Trump's tariff announcements. Read More
(Alliance News) - Ireland's goods exports rose in February from a year earlier, driven by a sharp increase in medical and pharmaceutical sales, figures from the Central Statistics Office showed Tuesday. Read More
Haleon PLC - Weybridge, Surrey-based consumer healthcare firm that spun out of GSK PLC in 2022 - Agrees to acquire the remaining 12% stake in Tianjin TSKF Pharmaceutical Co Ltd, its joint venture in China, following its acquisition of a further 33% interest in December 2024. The remaining stake will be bought from partner Tianjin Pharmaceutical Da Ren Tang Group Corp Ltd for a total of CNY1.62 billion, around USD221 million. TSKF will become a wholly-owned subsidiary of Haleon. Read More
(Alliance News) - MHA PLC shares began trading on London's AIM market on Tuesday, after the accountancy and professional services firm raised GBP98 million as part of its initial public offering. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - Officials have approved plans to connect new wind and solar farms to the power grid faster, which they hope will end years of gridlock for some projects. Read More
(Alliance News) - Wise PLC on Tuesday reported a strong rise in underlying income in the financial year just completed, while achieving a 20% underlying profit margin, as the UK company expanded into Mexico and into the business market in Hong Kong. Read More
(Alliance News) - Frasers Group PLC reported on Tuesday that it has entered into a 25-year retail agreement with Accent Group Ltd, raising its stake to 19.57%. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More