(Alliance News) - The Iran war could cost the UK treasury up to GBP8 billion a year through higher debt interest payments and lower tax revenues, according to a report. Read More
(Alliance News) - Flutter Entertainment PLC on Wednesday reported higher first quarter revenue but cut 2026 guidance, citing in part "unfavorable first quarter sports results". Read More
Beauty Tech Group PLC - Cheshire, England-based seller of at-home beauty treatment technology - Joh Berenberg, Gossler & Co KG says shareholders in Beauty Tech indicate they are to sell 8.8 million shares, 7.9% of the company's share capital. Investors were pre-initial public offer shareholders and sale follows a post-IPO lock-in. The sale and price will be conducted and determined by way of an accelerated bookbuild to institutional investors. At Wednesday's closing share price, sales would be worth GBP27.3 million. Read More
Seeing Machines Ltd - Canberra-based designer of artificial intelligence powered operator monitoring systems - Units produced in the third quarter more than double to 1.3 million from 578,363 in the prior quarter and soar from 358,162 in the same quarter a year ago, establishing a "materially higher quarterly run-rate." In addition, says third quarter royalty revenue was higher than royalty revenue for the entire first half of the financial year. This reflects accelerating DMS fitment across existing and new production programs, Seeing Machines says. Looking ahead, Seeing Machines believes the third quarter marks the transition to significantly higher quarterly volumes, driven by regulatory-led fitment, that will continue to increase into financial 2027. Further says Guardian commercial momentum remains solid. Sales grow on-year to 1,610 units from 1,151 a year ago, but are down on-quarter from 3,764. Seeing Machines says some sales expected in the third quarter have shifted to the fourth quarter, where early performance is encouraging. Read More
Ramsdens Holdings PLC - Stockton on Tees, England-based financial services provider and pawnbroker - Now expects pretax profit for the year to September 30 of at least GBP28.5 million, up from a prior view of at least GBP24 million. Profit could hit GBP31.5 million, "if the favourable gold price continues and summer currency volumes are in line with last year". But cautions uncertainty over the gold price, and recent reports around fuel shortages impacting flights over the summer may also hit international travel and consequently foreign currency sales. Chief Executive Peter Kenyon says: "We have had a strong start to the year given the economic back drop with our pawnbroking, jewellery retail and foreign currency exchange services all performing well. In addition, we have had an exceptional half year for our purchase of precious metals segment due to the continued benefits of a sustained high gold price and the increased weight being purchased." Read More
Anglesey Mining Plc - UK-based mineral exploration and development company - On Wednesday announces changes to its executive board. Chief Executive Officer Rob Marsden will immediately resign from the board, and will step down as CEO on May 31. Additionally, Non-Executive Chair Andrew King will step down from the board while remaining as a Non-Executive Director. Effective immediately, Jim Williams will become Executive Chair and lead the process of appointing a new CEO. The company attributed the changes to "the significant strategic and financial repositioning of Anglesey over the past six months". Read More
(Alliance News) - Delta Gold Technologies PLC on Monday said has filed its first provisional patent application following a new discovery made in partnership with the University of Toronto. Read More
Hunting PLC - London-based provider of equipment and engineering services to the oil and gas industry - Managing Director of Asia Pacific Daniel Tan sells 50,000 shares at 511.00 pence, worth GBP255,000, on Tuesday in London. Notes that Tan's beneficial holding in ordinary shares amounts to 0.2% following the disposal. Read More
(Alliance News) - Stocks soared on Wednesday on renewed hopes a peace deal could be struck between the US and Iran to end the Middle East war. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Target Healthcare REIT PLC on Wednesday declared an increased third-quarter dividend, as it reported an uplift in the value of its 86 operational care homes. Read More
Brave Bison Group PLC - London-based advertising and communications agency - Announces that marketing skills and training platform MiniMBA, which it acquired in August last year, has won a multi-year partnership with major advertising holding firm Omnicom Group Inc. Says the initiative is focussed on Omnicom Oceania with over 1,000 employees taking MiniMBA's course, in "one of the largest coordinated investments in marketing capability across Australia and New Zealand." Brave Bison also notes that MiniMBA won a EUR1.3 million deal in "its largest-ever contract," with "a global food and beverage giant" in early February. Claims that the platform "has been substantially transformed and relaunched" since its acquisition. Read More
Shawbrook Group PLC - Essex, England-based digital banking platform - Says it has "no lending exposure" to Blue Motor Finance Ltd, as their forward flow purchase agreement, under which Shawbrook acquired loan assets originated by BMF, was not renewed in February. Furthermore, Shawbrook reiterates that it still "considers its exposure to be immaterial" regarding the UK Financial Conduct Authority's proposed GBP9 billion motor finance redress scheme. Read More