PPHE Hotel Group Ltd - Guernsey-registered operator of Park Plaza and art'otel hotels - Refinances debt facility for Park Plaza Victoria London hotel. The new GBP88 million facility has been arranged by lenders Santander UK PLC and ABN Amro Bank NV. It has a five-year term and a floating interest rate that has been hedged at 3.9%. This compares to 3.4% under the previous facility. Read More
(Alliance News) - Van Elle Holdings PLC on Tuesday said trading in the first half of its financial year was resilient in challenging market conditions, and there are reasons for optimism moving forward. Read More
(Alliance News) - Intuitive Investments Group PLC said it showed "disciplined focus and meaningful delivery" in its latest financial year, and remains confident in the potential of major investee Hui10 Inc. Read More
Hunting PLC - London-based supplier of equipment to the oil and gas industry - Intends to extend its current USD40 million share buyback programme by up to a further USD20 million. Says the buyback "is being extended in light of the group's sustainable cash generation and strong balance sheet and follows further consultation with major shareholders since the rebalanced capital allocation priorities were announced on July 9". Hunting's upper limit for the number of shares it can repurchase is unchanged at 24.7 million. Notes that the programme remains "subject to market conditions" and that "there is no guarantee that [it] will be implemented in full". Back in July, Hunting announced plans to undertake the current buyback for up to USD40 million , but reaffirmed its capital allocation policy of continuing to invest in core operations, and to pursue bolt-on acquisitions in subsea technologies, non-oil and gas, and other areas. Read More
(Alliance News) - SThree PLC on Tuesday said it has entered its new financial year in a "stronger position" than before, following improvements in business as the recent year progressed. Read More
(Alliance News) - Pathos Communications PLC on Tuesday began trading on London's AIM, after raising GBP5.6 million in its initial public offering. Read More
(Alliance News) - Stock prices in London were lower at midday on Tuesday, with energy and defence stocks weighing on the blue-chip index. Read More
(Alliance News) - London Stock Exchange Group PLC on Tuesday announced that it signed a multi-year strategic partnership with New York-based banking and financial services company Citigroup Inc. Read More
(Alliance News) - Global Smaller Cos Trust PLC on Tuesday said its half-year total return underperformed against the benchmark, although its net asset value increased. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - Hollywood Bowl Group PLC on Tuesday reported higher annual earnings and revenue, as it said bookings were boosted by dynamic pricing. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More