Eurasia Mining PLC - London-based palladium, platinum, rhodium, iridium and gold miner - Says it is working to complete the West Kytlim sale and the Monchetundra detailed design completion as soon as practicable. In December, the firm said it has agreed to sell its West Kytlim mining operations in the Urals to a Russian company for USD9 million, saying the decision reduces the risk the mine will be nationalised by Russia without compensation in response to the freeze of Russian assets in Europe. Eurasia said it will sell the West Kytlim assets to LLC KS Logistics, "a non-sanctioned infrastructure company in Russia working in transportation, infra-structure development, retail sales and information technology development and management." On Monday, Eurasia Mining says it "continues to expect that both developments will proceed as announced, and will update as soon as available". At NKT, the company says work continues to advance a feasibility study to support the application for a mining licence and to plan for the integration of this with the Monchetundra mine plan. Read More
(Alliance News) - Mulberry Group PLC on Monday reported annual sales growth driven by a strong second-half performance, as it credited its trading to the continued execution of its "Back to Mulberry Spirit" strategy. Read More
Sorted Group Holdings PLC - Manchester-based shipments and delivery monitoring software - Shareholders on Monday vote to approve the company's agreement to sell its Sorted Group Ltd operating unit to Brislington Holdco Ltd for a nominal sum. However, a proposal to change the company's name to SHG PLC is withdrawn due to "unforeseen technical difficulties". Following the disposal of its only operating business, Sorted Group Holdings becomes an AIM cash shell. It now has six months to complete a reverse takeover before being delisted. "The company will continue to evaluate appropriate opportunities in the sectors the board considers appropriate," it says on Monday. Read More
(Alliance News) - Keir Starmer will battle to save his job in parliament on Monday by setting out further details of the "unforgivable" error by officials in not telling him Peter Mandelson had failed his security vetting. Read More
Ikigai Ventures Ltd - special purpose acquisition company - Agrees reverse takeover of Dotlines Global Ltd and Audra Solutions Ltd for GBP55.7 million in shares at 9.5 pence each. Ikigai will move to AIM from the London Main Market on May 11 and change its name to Dotlines Global Ltd, with ticker symbol of DOTL. It will have 609.3 million shares in issue upon admission for a GBP57.9 million market capitalisation at the acquisition price. Read More
(Alliance News) - Fermi Inc on Monday appointed a new chair as it noted that both Chief Executive Toby Neugebauer and Chief Financial Officer Miles Everson are stepping down from their roles. Read More
(Alliance News) - Kropz PLC shares rose on Monday after reporting a record production month and stronger quarterly output at its Elandsfontein mine in South Africa. Read More
(Alliance News) - Supreme PLC shares received a boost on Monday, as it forecast both annual revenue and adjusted earnings before interest, tax, depreciation and amortisation "significantly ahead of expectations". Read More
Raspberry Pi Holdings PLC - Cambridge, England-based manufacturer of low-cost computers - Chief Chief Commercial Officer Mike Buffham sells 40,000 shares at GBP6.41, worth GBP256,399, on Friday last week. Non-Executive Director Daniel Labbad sells 9.527 shares at GBP6.30, worth GBP60,007, also on Friday. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced so far in April and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London were lower at midday on Monday, as uncertainty in the Middle East weighed, but a higher oil price boosted energy stocks. Read More
(Alliance News) - Shares in Feedback PLC fell sharply on Monday after the company said a key decision from the NHS on a potential large-scale contract has been delayed. Read More