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Lastest Finance News

Life Science sells Lumen House in Oxford for GBP7.7 million

1st Dec 2023 11:51

(Alliance News) - Life Science REIT PLC on Friday said that it has completed the sale of Lumen House in Oxford, England to Harwell Science & Innovation Campus. Read More

LONDON MARKET MIDDAY: Miners lead FTSE 100 higher on Chinese data

1st Dec 2023 11:50

(Alliance News) - Stock prices in London were higher at midday Friday, putting investors in a good mood as we enter the final month of the year. Read More

Mind Gym swings to loss but optimistic on wins, sound pipeline growth

1st Dec 2023 11:34

(Alliance News) - Mind Gym PLC on Friday announced a new chief executive as it reported a swing to a half-year loss amid lower revenue and higher administrative costs, but hailed optimism for the future. Read More

Chaarat Gold shares rise on new deal with Kyrgyz government

1st Dec 2023 11:33

(Alliance News) - Chaarat Gold Holdings Ltd on Friday said it had signed a memorandum of understanding with the Kyrgyz Republic's government, regarding the Tulkubash and Kyzyltash projects. Read More

Agronomics hails progress for Clean Food and Liberation Labs

1st Dec 2023 11:30

(Alliance News) - Agronomics Ltd on Friday said that its portfolio company, Clean Food Group Ltd, has reached a partnership deal with the bakery brand, Roberts Bakery Ltd. Read More

IN BRIEF: World Chess issues shares to development partner Engiscent

1st Dec 2023 11:29

World Chess PLC - London-based promoter of chess through chess-related activities - Issues 2.9 million new shares at EUR0.07 per share in lieu of EUR200,000 in fees. The shares are issued to Engiscent Pte Ltd, a development partner of World Chess. The shares represent a 0.4% stake, as World Chess now has 670.1 million in total. "We are delighted that our long-term partners have chosen to become investors in World Chess," says Chief Executive Officer Ilya Merenzon. "We know they are genuinely interested in our sport and we look forward to working together to further develop chess." Read More

IN BRIEF: MBH Corp to pull stock from Aquis but keep Frankfurt listing

1st Dec 2023 11:29

MBH Corp PLC - London-based investor in small to medium enterprises across multiple geographies and sectors - Announces intention to withdraw its shares from the Aquis Stock Exchange Growth Market. Trading will cease on January 3 in the afternoon, since MBH is required to give 20 business days' notice of its intention to withdraw. Company's shares however will continue to trade on the Frankfurt Stock Exchange. In October, MBH announces key changes to its board and that it will sell four companies in a bid for growth. Read More

Brand Architekts says takeover progressing as legal dispute resolves

1st Dec 2023 11:16

(Alliance News) - Brand Architekts Group PLC on Friday said it will make its final payment shortly for a 55% stake in Mr Haircare Ltd, as part of its legal settlement with Jamie Stevens Media Ltd. Read More

IN BRIEF: DP Eurasia "extremely disappointed" in Jubilant Foodworks

1st Dec 2023 11:13

DP Eurasia NV - master franchisee for Domino's Pizza Group PLC in Turkey, Azerbaijan and Georgia - Says it is "extremely disappointed" that now-majority shareholder Jubilant Foodworks Netherlands BV made a takeover offer for the company without trying to reach agreement with the board first. Following share purchases made this week, Jubilant holds a 53.5% stake in DP Eurasia. Under company rules, Jubilant would have had to make a mandatory offer for the rest of the company on the day it exceeded a 50% holding, but DP Eurasia notes that Jubilant made its offer of 85 pence per share on Tuesday, when it only had a 48.8% stake. The offer values all of DP Eurasia at GBP124.6 million. Read More

ADM Energy to consider sale of Aje field stake after review

1st Dec 2023 11:13

(Alliance News) - ADM Energy PLC on Friday said it will consider alternatives for monetising its stake in the Aje Field, including a sale, following an internal review. Read More

IN BRIEF: Digital 9 Infrastructure manager buys 900,000 shares

1st Dec 2023 11:01

Digital 9 Infrastructure PLC - invests in internet infrastructure, such as data centres and subsea fibre - Triple Point Investment Manager LLP, the investment manager of Digital 9, buys 300,000 shares at average 31.65 pence, worth GBP94,950, on Thursday. Triple Point had bought 600,000 shares on Tuesday. It now has 3.2 million Digital 9 shares, a 0.4% stake. Digital 9 on Monday launched a strategic review after announcing the sale of its stake in the Verne Group for up to USD575 million. Read More

IN BRIEF: Vietnam Enterprise Investments secures lower management fee

1st Dec 2023 10:54

Vietnam Enterprise Investments Ltd - launched in 1995, VEIL offers exposure to the Vietnamese stock market - Agrees with investment manager, Dragon Capital Group Ltd, a reduction of the management fee from July 1 next year. Currently, the fee steps down from 1.85% per year of the first USD1.25 billion in net asset value, to 1.65% of NAV from USD1.25 billion to USD1.50 billion, and then to 1.5% of NAV above USD1.50 billion. Total NAV on October 31 was USD1.6 billion. The new management fee will be a flat 1.5% of NAV per year, with no performance fee. Read More

Cap-XX shares up as Australia approves grant for research, development

1st Dec 2023 10:48

(Alliance News) - Cap-XX Ltd on Friday said that the Australian Taxation Office approved a research & development grant. Read More

Mast Energy "very disappointed" as Proventure skips JV payments

1st Dec 2023 10:46

(Alliance News) - Mast Energy Developments PLC shares fell on Friday as it and Kibo Energy PLC said joint venture partner Proventure Holdings (UK) Ltd has failed to make payments needed to complete the deal. Read More

Orcadian Energy agrees to extension for farm-out deal with operator

1st Dec 2023 10:36

(Alliance News) - Orcadian Energy PLC on Friday said it has agreed to a seven day extension with a potential, unnamed operator on its P2244 licence for its of its pilot project and flaghsip asset. Read More

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