(Alliance News) - UK economic growth exceeds expectations in July and the country's trade deficit narrows, while Trainline reiterates its full-year guidance and announces a new GBP100 million share buyback programme. Read More
(Alliance News) - The UK economy grew in July, helped by gains across services, production and construction, figures from the Office for National Statistics showed on Friday. Read More
Neo Energy Metals PLC - Developer of uranium and gold projects in South Africa - Announces the appointment of Elmarie Maritz as chief financial officer. Maritz will replace Acting Chief Financial Officer Martin Westerman, who has held the position since June. Westerman will now lead the newly created operations & project delivery division. Maritz previously acted as CFO at the mining and industrial services firm Sedibelo Resources Ltd. Read More
Applied Nutrition PLC - Liverpool-based sports nutrition and wellness products - Chief Executive Officer Thomas Ryder and Chief Operating Officer Steven Granite aim to sell 6.0 million shares in total, a 2.4% stake in Applied Nutrition, via a placing run by broker Panmure Liberum Ltd. Ryder and Granite currently hold a 40.1% stake in the company between them. The placing will be via an accelerated bookbuild to institutional investors, Panmure Liberum says in an announcement after the London market close on Thursday. The sale is worth GBP17.6 million at Applied Nutrition's closing market price on Thursday. The company will receive none of the proceeds as the sale is of existing shares. Read More
(Alliance News) - Stocks in London are set to open higher on Friday ahead of a raft of UK economic data, with investors also keeping a close eye on developments in the Strait of Hormuz as oil tops USD150. Read More
(Alliance News) - A GBP1 billion investment into 29 new battery-electric trains will "bring faster, more reliable journeys to the North", UK Prime Minister Andy Burnham has said. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - UK Prime Minister Andy Burnham has again told Scotland's first minister that a second vote on Scottish independence is "off limits" – despite claims from John Swinney that there had been a "big shift" in stance from the prime minister. Read More
(Alliance News) - Scotland's First Minister is seeking talks with Andy Burnham on the legal mechanism for a second independence referendum after a "big shift" in position from the prime minister. Read More
(Alliance News) - Stock prices in London closed lower on Thursday, as oil prices surged above USD105 and hotter-than-expected US producer inflation fuelled concerns, while the European Central Bank raised interest rates as expected. Read More
Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two, an associate of multiple Ninety One directors including Hendrik du Toit, Kim McFarland and Johan Schreuder, buys 26,558 shares at 209.73 pence each on Wednesday in London. The acquisition is worth GBP55,700 in total. Read More
Seraphim Space Investment Trust PLC - London-based investor in 'SpaceTech' companies - Confirms the completion of an EUR450 million, or USD520 million, series F financing round by portfolio company ICEYE, which operates the world's largest synthetic aperture radar satellite constellation to deliver "high-quality data and insights regardless of weather conditions or time of day." Says the resulting uplift will be fully reflected in its net asset value as of September 30. Reiterates that the valuation implies an uplift of approximately GBP202 million in the fair value of its holding in ICEYE, and that this represents a 102% increase in fair value and an increase in NAV per share of approximately 73 pence. Notes that its NAV at September 30 will form the basis for the first partial conversion of C Shares into ordinary shares. Read More
Lloyds Banking Group PLC - Edinburgh-based lender - Chief Risk Officer Stephen Shelley sells 4.0 million shares at an average price of 110.98 pence each, for GBP4.4 million in total, on Wednesday in London. Of these, Shelley sold 2.5 million at 110.85p each, and 1.5 million at 111.21p. Read More
(Alliance News) - UK economic growth is set to have ground to a halt in July, as consumers swapped spending in shops for drinking in pubs amid the heatwaves and Fifa World Cup, economists think. Read More