Invinity Energy Systems PLC - London-based developer of vanadium flow battery technology - Raises GBP25 million in total from its equity raise, issuing 250.0 million new shares at 10 pence each. The raise comprises a GBP12.2 million direct subscription by the UK government's National Wealth Fund Ltd, a GBP10 million placing with institutional investors, and GBP2.8 million in shares taken up by retail investors. Invinity had sought to raise up to GBP5.0 million from retail investors, with NWF promising to match this pound-for-pound up to a GBP25 million total raise, in addition to a cornerstone investment of GBP10 million. Read More
(Alliance News) - HarbourVest Global Private Equity Ltd on Thursday said that conditions for private equity remained challenging in its first financial half, while noting some companies in its portfolio performed "exceptionally" well, in particular in the artificial intelligence sector. Read More
(Alliance News) - Essentra PLC on Thursday said it delivered strong revenue growth in its third quarter, supported by increased volumes and disciplined pricing. Read More
(Alliance News) - Canal+ SA on Thursday reported what it described as a "solid" performance for the first nine months of the year, with revenue in line with its expectations. Read More
(Alliance News) - Auction Technology Group PLC on Thursday announced an expanded partnership with Jeff Martin Auctioneers as it said it beat market expectations in the recent financial year. Read More
(Alliance News) - Rathbones Group PLC on Thursday said it hopes to start lifting restrictions relating to existing enhanced due diligence clients in the fourth quarter, as it backed fourth-quarter margin guidance. Read More
HICL Infrastructure PLC - closed-end fund managed by InfraRed Capital Partners Ltd that invests in infrastructure projects - Calls general meeting of shareholders for November 16 to seek approval for its new investment policy. The new policy takes account of the expansion of the infrastructure market since HICL's launch in 2006. At the time, the fund's primary focus was private finance initiative and public private partnership concessions. Read More
(Alliance News) - Thirty-two UK government services are offline and four are partially unavailable while work is carried out to address potential cybersecurity issues, a minister has said. Read More
(Alliance News) - Stock prices in Europe were on the decline on Thursday afternoon, on concerns surrounding artificial intelligence sector spending, while a lofty oil price meant inflation worries remained a theme. Read More
(Alliance News) - Renishaw PLC on Thursday reported strong year-on-year growth in all three business segments, and all three regions, in the first quarter of its financial year. Read More
(Alliance News) - Aberdeen Asia Focus PLC on Thursday said it significantly outperformed its benchmark, as the company benefited from backing Taiwanese technology stocks. Read More
(Alliance News) - AJ Bell PLC on Thursday said its low-cost investment solutions continued to see "strong" demand as it hailed "another successful year." Read More
(Alliance News) - Heathrow (SP) Ltd on Thursday reported a decline in passengers, revenue and earnings in the first nine months of the year, saying the west London airport was hurt by "continued geopolitical uncertainty in the Middle East". Read More
(Alliance News) - Bloomsbury Publishing PLC on Thursday reported a sharp decline in first-half profit and lower revenue, but expressed confidence in delivering record annual results following a strong start to the second half. Read More