(Alliance News) - RTW Biotech Opportunities Ltd on Friday said there was an additional investment in the financing of private portfolio company Encoded Therapeutics. Read More
(Alliance News) - Circle8 Group Inc on Friday confirmed it has submitted a proposal to acquire larger peer SThree PLC in a possible cash offer, calling the proposed combination a "compelling strategic opportunity". Read More
(Alliance News) - Supermarket Income REIT PLC on Friday said it has acquired a portfolio of six new assets across England and Scotland for GBP104 million. Read More
Partners Group Private Equity Ltd - Guernsey-registered investment trust managed by Partners Group AG - Net asset value per share edges up 0.1% in July to EUR11.58 at month-end. The equates to total NAV of EUR771.3 million. Portfolio revaluations during July provide a 0.3% increase to NAV, but 0.3% in negative currency movement offset this. PGPE receives EUR4.7 million in distributions from portfolio companies during July, led by Rosen Group, a Stans, Switzerland-based provider of inspection services for energy infrastructure. However, PGPE says the three top drivers of value creation within its portfolio during July are KinderCare Learning Cos, Forterro and Version 1. Read More
(Alliance News) - Berkeley Group Holdings PLC on Friday said trading has been in line with the cautious outlook it released in June, as the war in the Middle East and political uncertainty in the UK has hampered the housing market. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
everplay group PLC - Wakefield, England-based independent video game developer and publisher of premium video games, working simulation games and children's edutainment apps - Says its Wardogs tactical first-person shooter sells more than 1 million copies on its first day of release on steam early access on Thursday. The game also reaches more than 340,000 concurrent players on Steam. Bulkhead developed Wardogs, and Team17 published it. Everplay has a strategic partnership with Bulkhead through its stake in Super Media Group Ltd. Read More
(Alliance News) - C&C Group PLC on Friday said it has agreed to buy wholesale operations in the UK of Tokyo-based brewer Asahi Group Holdings Ltd for a "nominal consideration". Read More
(Alliance News) - Stock prices in London opened slightly higher on Friday, as surprisingly strong UK economic growth offered some support to equities, while investors remained wary of elevated oil prices and awaited US inflation data. Read More
East Star Resources PLC - Kazakhstan-focused gold and copper explorer - Says its gold exploration joint venture with Endeavour Exploration Ltd, a subsidiary of Endeavour Mining PLC, is moving into systematic exploration. Endeavour can earn a 51% interest by funding USD5 million of qualifying exploration expenditure during a two-year Stage 1 period. Read More
Applied Nutrition PLC - Liverpool-based sports nutrition and wellness products - Chief Executive Officer Thomas Ryder and Chief Operating Officer Steven Granite sell 7.0 million shares in total, a 2.8% stake in Applied Nutrition, via a placing run by broker Panmure Liberum Ltd. The shares are sold at 275 pence each, making the disposal worth GBP19.3 million. Ryder and Granite held a 40.1% stake in the company between them. Following the sale, CEO Ryder remains the company's largest shareholder at 32.5%. Applied Nutrition doesn't provide the resulting shareholding of COO Granite. It notes that the sale is the first by the two executives since Applied Nutrition's London listing two years ago. They have agreed to sell no further shares for at least 180 days. Read More
(Alliance News) - Trainline PLC on Friday reported a resilient first-half trading performance as it reiterated its full-year guidance and announced a new share buyback programme. Read More
Harbour Energy PLC - Edinburgh-based oil and gas producer with operations across Europe, Latin America, North Africa and Southeast Asia - BASF SE sells 133 million shares in Harbour Energy, at 7.9% stake, at 266 pence per share, worth GBP353.8 million, in a placing run by Morgan Stanley Europe SE and a buyback by Harbour Energy. Morgan Stanley places 80.0 million shares with institutional investors, while Harbour Energy separately agreed to buy back 53.0 million shares from BASF. The planned share sale was first announced by Morgan Stanley and BASF after the London market close on Thursday. Read More
(Alliance News) - Kore Potash PLC warned on Friday that its potash projects in the Democratic Republic of Congo could be delayed or postponed indefinitely if financing is not secured, and indicated that it would need to raise capital by June next year to meet its working capital requirements. Read More
(Alliance News) - Heathrow airport has revealed a fall in passengers during the peak getaway month of August as it flagged "big challenges" across the sector. Read More