Adriatic Metals accepts USD1.25 billion offer from Canada's Dundee
13th Jun 2025 08:35
(Alliance News) - Adriatic Metals PLC on Friday said it has accepted a USD1.25 billion takeover offer from Dundee Precious Metals Inc. Read More
(Alliance News) - Adriatic Metals PLC on Friday said it has accepted a USD1.25 billion takeover offer from Dundee Precious Metals Inc. Read More
(Alliance News) - GSK PLC on Friday said its respiratory syncytial virus vaccine, Arexvy, has been accepted for regulatory review by the European Medicines Agency to expand its use in adults 18 years and older. Read More
(Alliance News) - Ninety One PLC and Ltd said on Friday the transfer of Sanlam Investments UK Ltd's active asset management business to Ninety One UK Ltd will be completed on Monday next week. Read More
(Correcting currency of bid for Adriatic Metals.) Read More
(Alliance News) - The FTSE 100 is set to open lower on Friday, though its oil majors could save it from a deeper decline, as Brent prices jumped following an Israeli strike on Iran's nuclear facilities. Read More
(Alliance News) - The UK prime minister has "urged all parties to step back" after Israeli strikes targeting Iran's nuclear programme. Read More
Fidelity China Special Situations PLC - Surrey, England-based investment trust, which focuses on long-term growth opportunities in China - Net asset value per share jumps 28% to 285.71 pence as at March 31, from 223.71p a year prior, the FTSE 250-listed company reports Tuesday. Net asset value total return was 31.5% in the financial year ended March 31, underperforming against its benchmark, the MSCI China index in sterling terms, which had a total return of 37.5%. Fidelity China Special recommends a final and total dividend of 8.00p per share, up 25% from 6.40p a year ago. Further, it recommends a special dividend of 1.00p, compared to none a year prior. Read More
(Alliance News) - London's FTSE 100 is called to open lower on Friday, while oil and gold prices surged after Israel struck Iran's nuclear programme on Friday. Read More
(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. Read More
(Alliance News) - UK retail footfall decreased in most categories and all four nations last month despite "warm and sunny weather", the British Retail Consortium reported on Friday. Read More
Bango PLC - Cambridge-based digital payments firm - announces a strategic partnership with KT, a telecommunications provider in the Republic of Korea, to deliver subscription services to its 13.5 million customers. This is the first digital vending machine agreement for Bango in Korea. "KT is a leader in its field and now, also in the subscription space, taking bold steps to offer customers a wide and modern mix of digital services," says Paul Larbey, chief executive of Bango. "With the Bango DVM, they can move faster, launch smarter, and deliver the high-demand subscriptions people are asking for, from subscription video on demand to AI." Read More
Christie Group PLC - London-based provider of professional services for customers in the hospitality, leisure, healthcare, medical, childcare, education and retail sectors - provides trading update for year to end of May. Says it continues to benefit from encouraging levels of demand for its services, as lender and investor appetite into its chosen sectors has remained robust despite ongoing geopolitical uncertainty and the increased tax burden on employers in those same sectors. Full year trading expectations are unchanged. Agency activity in the UK has been strong in the period, with income from business brokerage up by 29% on the same period in the prior year. But fee income growth from finance brokerage activities has been more subdued than original expectations. Hospitality stock audit, compliance and consultancy business, Venners, is trading marginally ahead of 2024 revenue levels, Christie says. SaaS provider to the UK visitor attraction sector, Vennersys, continues to grow. Read More
NWF Group PLC - Cheshire, England-based fuel, food and feed distributor - provides trading update for the financial year ended May. Says the group has traded slightly ahead of expectations during the year, albeit with a different contribution mix from its three businesses than initially anticipated. Financial 2025 headline operating profit is anticipated to be slightly ahead of market expectations of GBP16.0 million, which would be up from GBP14.2 million a year prior. NWF benefits from lower short-term IFRS16 interest costs reflecting slight delays to fleet renewals. Says the trading performance was delivered in spite of the ongoing impact on the group's cost base of the increase in national insurance and the national living wage. Volumes in Fuels were in line with prior year but Food has had a disappointing year generating lower profitability than planned. More positively, volumes in Feeds are ahead of the prior year with the stronger milk price encouraging customers to maximise yields, resulting in an overall performance ahead of expectations. Continues to consider further acquisition opportunities for Fuels supported by a robust financial position. Read More
Earnz PLC - Cheltenham, England-based energy services company focused on global decarbonisation - raises GBP1.0 million via placing of 14.2 million shares, just under 14% of the firm's share capital, at 7.2 pence per share. Proceeds will be used to satisfy GBP840,000 initial cash consideration payable for A&D Carbon Solutions Ltd, as part of total GBP2.8 million price. Initial consideration totals GBP1.3 million including deferred GBP200,000 payable dependent on achieving earnings before interest, tax, depreciation and amortisation of GBP200,000 between June 1 and December 31 2025, and GBP260,000 payable in consideration shares. Deferred consideration of up to GBP1.5 million to be satisfied 60% in cash and 40% in additional new shares which is payable subject to A&D achieving certain performance targets. Earnz says the deal provides further potential for cross-selling opportunities and includes "synergistic opportunities". On completion, Peter Smith will be appointed as chief executive, Bob Holt will become non-executive Chair, and John Charlton will resign as a director. Smith was most recently CEO of Sureserve Group PLC. Read More
Cerillion PLC - London-based billing, charging and customer relationship management software - Chief Executive Louis Hall sells 10.3% stake in Cerillion, or just over 3.0 million shares, at 1,500 pence each on Thursday. Worth around GBP45.6 million. The placing attracts "very strong" support from existing shareholders, and certain non-holders, including from the US, UK and Europe. It was "significantly over-subscribed at the increased transaction size." Cerillion earlier Thursday says Hall will sell a minimum of 1.3 million shares. Sale represents Hall's first since 2017. He remains the company's largest shareholder with a resultant holding of just over 20%. The placing was conducted through an accelerated bookbuild with Panmure Liberum Ltd acting as sole bookrunner. Read More