(Alliance News) - London stocks opened higher on Friday, following news from the UK of an expected public sector surplus and faster-than-expected growth in retail sales for January. Read More
(Alliance News) - Checkit PLC said it recorded a cash-generative second half of the financial year, reaching break-even for the full year, ahead of expectations. Read More
(Alliance News) - Polar Capital Global Financial Trust PLC said on Thursday it achieved a net asset value return in line with its benchmark, along with a double-digit dividend boost. Read More
(Alliance News) - Rights & Issues Investment Trust PLC on Thursday said its net asset value improved over the year but underperformed its benchmark against a backdrop of poor performance among UK small caps. Read More
(Alliance News) - Stock prices in London closed lower on Thursday, as the FTSE 100 broke its winning streak amid a sharp fall for British Gas owner Centrica, though oil majors climbed as Brent surged on uncertainty in Iran. Read More
(Alliance News) - AB Dynamics PLC on Thursday said it has appointed Andrew Lewis as interim chief financial officer, effective immediately. Read More
(Alliance News) - UIL Ltd on Thursday posted an improved net asset value per share, as exposure to gold mining investments contributed to portfolio gains. Read More
Sage Group PLC - Newcastle upon Tyne, England-based accountancy software provider - Non-Executive Director Lori Mitchell-Keller buys 10,000 shares, at GBP8.39, worth GBP83,937 on Tuesday. Adds that after this transaction, Mitchell-Keller holds 10,000 shares in Sage. Read More
ICG PLC - London-based private equity firm - Says it will commence a buyback programme of up to 15.3 million shares, representing around 5.3% of its share capital. Notes the total value of the buyback is up to GBP316 million, with it to begin on Thursday next week and expire June 30, next year. This follows its strategic partnership with European asset manager Amundi SA, announced back in November. Then, ICG said Amundi will acquire a near 10%, non-dilutive interest in the ICG. On Thursday, ICG notes the purpose of the buyback is to "is to enable the company to issue an equal number of non-voting shares to Amundi in a manner that is non-dilutive to the company's existing shareholders." Adds that in accordance with their partnership, Amundi Chief Investment Officer Vincent Mortier joins ICG as a non-executive director, effective March 31. Read More
Arbuthnot Banking Group PLC - London-based merchant bank - Says pretax profit for 2025 will be at the upper end of market consensus expectations, which the company puts at between GBP22 million and GBP24 million. This still will be down at least 32% from GBP35.1 million in 2024, which in turn was down 26% from GBP47.1 million in 2023. Back in July, Arbuthnot reported a 48% fall in pretax profit for the first half of 2025 to GBP10.9 million from GBP20.8 million a year before, hurt by lower UK interest rates. However, Arbuthnot on Thursday says it "made good progress" in the fourth quarter of the year. The company will release it full annual results on March 26. Read More
Watches of Switzerland Group PLC - Leicester, England-based watch and jewellery retailer - Paul Edgecliffe-Johnson, currently chief financial officer at Crawley, England-based pest control specialist Rentokil Initial PLC, joins Watches of Switzerland's board as a non-executive director. Watches will also appoint him as chair of its audit & risk committee on March 1. Edgecliffe-Johnson has previously served as CFO of Flutter Entertainment PLC; CFO & group head of strategy at InterContinental Hotels Group PLC; a corporate finance associate director at HSBC Holdings PLC; and a non-executive director at Schroders PLC. Read More
(Alliance News) - Pantheon International PLC on Thursday said it has agreed a new fee arrangement with its investment manager that would have reduced what it paid for last year by nearly 20%. Read More
(Alliance News) - Kitwave Group PLC said Thursday cited an "unfavourable revenue mix" amid low demand in the hospitality sector. Read More