(Alliance News) - Energy and engineering services firm John Wood Group PLC has been fined GBP13 million by the UK finance watchdog for publishing inaccurate information in its accounts. Read More
Chemring Group PLC - Hampshire, England-based provider of technology products and services to the aerospace, defence and security markets - Hires Kate Rock to be senior independent director, joining the board on April 1. Rock currently is non-executive chair of Costain Group PLC and SID of Keller Group PLC. Costain is an infrastructure construction firm, while Keller is a geotechnical engineering firm providing ground services to construction companies. Rock also is a life peer, sitting in the House of Lords. Read More
(Alliance News) - Hutchmed China Ltd on Wednesday said it had launched a Phase I/IIa clinical trial of its cancer treatment HMPL-A580. Read More
(Alliance News) - Stock prices in London were mostly in the green midday on Wednesday, following a report of relative stability in the UK private and service sectors, and a warning from the Office for Budgetary Responsibility. Read More
Gulf Marine Services PLC - provider of support vessels to the offshore energy industry - Says it has received instructions, with which it "has complied promptly", from an unnamed Middle East client to immediately evacuate personnel from four vessels operating under its jurisdiction. Says this is a precautionary measure due to "the ongoing situation in the Gulf region". Gulf Marine adds that it is closely monitoring the situation, and is working to quantify the potential impact of recent events in the region on its financial and operational performance. Intends to issue further updates "as appropriate, in due course." Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Wednesday reported net asset value growth and outlined plans for the new year, ahead of its 2025 results. Read More
(Alliance News) - Pensana PLC on Wednesday said a proposed strategic investment into the company has been increased to USD165 million to support the development of its US mine-to-magnet strategy and the Longonjo rare earth project in Angola. Read More
Barratt Redrow PLC - Leicestershire, England-based house builder - Hires Dean Banks as its new chief executive, joining in the fourth quarter of this year and replacing David Thomas, who leaves after 11 years at the helm and 17 with Barratt. Banks joins from Ventia Pty Ltd, a Sydney-based and listed provider of infrastructure services in Australia and New Zealand where he has been chief executive since 2021. Prior to Ventia, Banks worked for construction firm Balfour Beatty PLC and security documents printer De La Rue PLC, and he now will return to the UK. Barratt says Thomas will remain CEO until Banks joins and will remain with the company until March 2027 to allow for a transition. Read More
(Alliance News) - Galliford Try Holdings PLC on Wednesday hailed "strong first half momentum" and the firm expects annual earnings to surpass market expectations. Read More
(Alliance News) - Cairn Homes PLC on Wednesday upgraded its revenue guidance for its current financial year, as "exceptionally strong demand" fuelled growth in 2025, and said it will boost output by over a third in the next two years. Read More
(Alliance News) - Molten Ventures PLC on Wednesday said it is appointing three people as it has established a dedicated secondary investment team. Read More
(Alliance News) - Ireland's unemployment rate was unchanged in February, though joblessness increased compared to a year earlier, data showed on Wednesday. Read More
Capita PLC - London-based outsourcer - Announces it was selected to deliver "the Synergy Business Process Services contract" for four major UK government departments. Expects this contract to commence this month, and to run for up to ten years, with the option of three one-year extensions after the first seven. The contract is worth GBP370 million over the ten-year period. Capita says it will be delivering tech-enabled back-office services for public servants across the Department for Work & Pensions, Ministry of Justice, Home Office, and the Department for Environment, Food & Rural Affairs. These will include Human Resources, payroll, recruitment, finance, procurement, and service desk support. Read More
(Alliance News) - Shares in IP Group PLC rose on Wednesday, as the firm noted its participation in a USD103 million fundraise by Oxa Autonomy Ltd. Read More
(Alliance News) - Loveholidays, an online travel agent that was expected to be the first major listing on the London Stock Exchange in 2026, is considering a delay to its initial public offering because of the travel chaos caused by the war in the Middle East, the Financial Times reported on Tuesday. Read More