(Alliance News) - The UK government is understood to have upped a financial offer to Stormont ministers to GBP1.5 billion in a bid to break an impasse over the devolved region's budget. Read More
Vanquis Banking Group PLC - Bradford, England-based bank - Announces that Ian McLaughlin has informed the board that he intends to step down as chief executive officer for personal reasons by the end of 2026. Current Deputy CEO John Natalizia, who is also the CEO of fintech Snoop, will become interim CEO when McLaughlin steps down. Outgoing CEO McLaughlin will ensure an orderly transition, Vanquis says. Read More
SThree PLC - London-based science, technology, engineering and mathematics-focused staffing company - Announces that its board has "unanimously and unequivocally rejected" a takeover proposal from Englewood Cliffs, New Jersey-based staffing sector peer Circle8, which serves the IT, technology, and finance industries. Follows its announcement on Wednesday of "an unsolicited, preliminary and highly conditional approach" regarding a possible all-cash offer from Circle8, after which SThree's stock price rose. Circle8 confirmed its takeover proposal on Friday morning, calling the proposed combination a "compelling strategic opportunity". Neither party has disclosed the offer price. Read More
(Alliance News) - Beowulf Mining PLC late Thursday announced that the Swedish Inspectorate of Strategic Products is reviewing its proposed investment from Bacchus Capital & Affiliates. Read More
(Alliance News) - LPA Group PLC shares spiked on Friday after the company lifted its full-year outlook on the backdrop of "strong trading". Read More
(Alliance News) - Stock prices in London were higher at midday on Friday, after stronger-than-expected UK economic growth offered some encouragement, although elevated energy costs continued to cloud the outlook ahead of key US inflation data. Read More
(Alliance News) - The former chief executive of UK firm Southern Water has appeared at court charged with conspiracy to defraud over alleged efforts to manipulate water quality tests to avoid penalties. Read More
(Alliance News) - Integrated Diagnostics Holdings PLC on Friday said that good underlying demand and higher patient throughput boosted its interim revenue and profit. Read More
(Alliance News) - Cobra Resources PLC on Friday recorded an interim loss, with both its Manna Hill Copper Project and Manna Hill projects still in exploration and development. Read More
(Alliance News) - Fiinu PLC on Friday reported widening loss for the first half of the year but said it made "substantial progress" towards the launch of its flagship Plugin Overdraft platform. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Friday. Read More
Gemfields Group Ltd - London-based miner and marketer of coloured gemstones - Gets "robust result" from an auction of commercial-quality rough emeralds that ended on Thursday. All 44 lots of emeralds offered for sale are sold, achieving an average price of USD9.72 per carat and bringing in USD29.6 million in total. The emeralds are from the Kagem mine in Zambia, and the auction is held online after in-person viewings in Jaipur, India. The Kagem mine is 75% owned by Gemfields and 25% by the Zambia government. Read More
(Correcting that potash projects are located in the Republic of Congo, not the Democratic Republic of Congo.) Read More
(Alliance News) - Pan African Resources PLC said on Friday it will decide on investment in its Soweto tailings retreatment project in December after completing a crucial study. Read More
European Metals Holdings Ltd - Czechia-focused mineral exploration and development company - On Friday, reports a pretax loss for the first half of the period ended June 30 of AUD3.2 million, about GBP1.7 million, up 14% from AUD2.8 million the previous year. Share of loss of equity accounts investee AUD1.8 million, up 29% from AUD1.4 million. Share-based payments were AUD9.2 million, up from nothing. Foreign exchange gain was also AUD12.1 million, down 84% from AUD76.9 million. Says significant progress was made in advancing the Cinovec Lithium Project. Read More