(Alliance News) - JPMorgan India Growth & Income PLC on Tuesday reported an interim decline in its net asset value but expressed optimism around the investment case for Indian equities. Read More
Essentra PLC - Oxford, England-based manufacturer and distributor of plastic-injection-moulded, vinyl-dip-moulded and metal components - Hires Sharmila Nebhrajani as non-executive director, joining the board on June 29 and replacing Mary Reilly as senior independent director on January 1. Nebhrajani worked at the BBC for 13 years, finishing as chief operating officer for BBC Future Media & Technology where she managed the bbc.co.uk business and the launch of iPlayer. Nebhrajani currently is a non-executive director of water utility Severn Trent PLC, safety products maker Halma PLC and television broadcast ITV PLC. Read More
MP Evans Group PLC - Tunbridge Wells, England-based and Indonesia-focused palm oil production company - Recommences its share buyback programme, after shareholders grant renewed authority at its annual general meeting last Friday. Says the next phase will have a budget of up to GBP3 million, and starts with immediate effect. It will continue over the next three months until September 15, when MP Evans' board will consider a further extension. Cavendish Capital Markets Ltd has agreed to repurchase the shares on its behalf. Read More
Hilton Food Group PLC - Huntingdon, England-based food packaging company - Hires Mark Clare to be independent non-executive chair from July 1, allowing Mark Allen to move to chief executive from executive chair on the same date. Allen's change in role was announced with Hilton Food's annual results in March, when the company also said it plans to focus on its core meat business. Allen had moved to executive chair from non-executive back in November when Steve Murrells stepped down immediately as CEO. Clare was CEO of housebuilder Barratt Developments, now Barratt Redrow PLC, from 2006 to 2015 and managing director of British Gas, part of Centrica PLC, from 2002 to 2006. He currently is a non-executive director of DIY retailer Wickes Group PLC and electricity generator Drax Group PLC. Read More
(Alliance News) - IP Group PLC on Tuesday announced that portfolio company Istesso has commenced dosing for the IST-03 trial of leramistat in sarcopenia caused by rheumatoid arthritis. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday. Read More
Mendell Helium PLC - helium producer in the US state of Kansas - Shares rise on their first day of trading on the AIM market in London, having moved from Aquis Stock Exchange. Mendell originally listed on AQSE as Voyager Life PLC before selling the Voyager plant-based health and wellness business to Orsus Therapeutics PLC in 2024. It changed its name to Mendell Helium after buying M3 Helium Corp, which has interests in helium wells near Dodge City, and it has a market capitalisation about GBP15 million. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Tuesday. Read More
Dr Martens PLC - Northamptonshire, England-based boot maker - Chief Executive Officer Ije Nwokorie buys 112,500 shares at GBP0.76, worth GBP85,613, on Friday last week. Nwokorie took over as CEO back in 2024, stepping up from chief brand officer. Read More
(Alliance News) - International Workplace Group PLC on Tuesday announced that company founder Mark Dixon has moved from the position of chief executive officer to that of executive chair. Read More
(Alliance News) - LondonMetric Property PLC and Schroder Real Estate Investment Trust Ltd on Tuesday noted progress towards a firm takeover bid for Picton Property Income Ltd, following an indicative all-share proposal disclosed in May. Read More
SDCL Efficiency Income Trust PLC - FTSE 250 constituent formed in 2018 to invest in energy efficiency and distributed energy assets - Decides to declare no fourth interim dividend for the financial year that ended March 31, saying the board wants to preserve value and reduce debt amid a proposed wind-down of the trust. The trust also said it received less cash inflow in the second half of the year, mainly due to lower receipts from its Onyx asset. Read More