(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) - First Minister John Swinney welcomed the President of the European Commission to Scotland ahead of her meeting with Donald Trump. Read More
Premier African Minerals Ltd - developer of RHA tungsten and Zulu lithium projects in Zimbabwe - Reports extended running time without interruptions at its Zulu Lithium and Tantalum plant, noting consistent production at saleable grades in excess of 5% spodumene. Adds that test work conducted during operations has allowed the original equipment manufacturer to identify areas not yet fully optimised, as well as demonstrate the quality of the ore body at Zulu and "the amenability to spodumene concentrate recovery through floatation." Says the OEM will continue with the test programme to identify operational changes and to further examine options to optimise reagents. Read More
Coro Energy PLC - South East Asian energy company with a natural gas and clean energy portfolio - Plans to raise GBP1.6 million via a placing and retail offer at 0.5 pence per share. The placing will be by way of accelerated bookbuild by Tennyson Securities to institutional investors. The retail offer will total GBP100,000 and will be organised by the company's broker Hybridan LLP. Net proceeds will provide funds to continue to develop its pipeline of rooftop solar projects with Mobile World Group. Read More
Close Brothers Group PLC - London-based merchant bank - Confirms the UK Supreme Court will announce its judgment in respect of the company's appeal of the "Hopcraft" motor finance commissions case next Friday after the close of trading. Close Brothers says that the parties will not receive a copy of the draft judgment in advance of publication and therefore does not know the outcome of the appeal. The appeal was heard in April. Close Brothers is challenging a Court of Appeal ruling from October last year, which found that "secret" commission payments to car dealers as part of finance arrangements made before 2021 without the motorist's fully informed consent, were unlawful. Read More
Mendell Helium PLC - Perth, Scotland-based helium production company - Says it is evaluating options for the optimum location for its bitcoin mining operation. Notes that as well as Fort Dodge in Iowa, it is examining trapped gas assets in other locations that could provide low cost energy for bitcoin mining. Adds that it has completed the onboarding of Bitgo Inc as custodian to store future bitcoin mined. Also establishes subsidiary Mendell Digital LLC, a Kansas incorporated firm, to act as the vehicle for its bitcoin mining operations. Read More
(Alliance News) - Helix Exploration PLC on Friday saw it shares rise 10% as it noted "extremely encouraging" wireline results at its Inez 1 well. Read More
(Alliance News) - Thor Energy PLC on Friday said it has signed a term sheet with Metals One PLC regarding the sale of its 75% interest in its US subsidiaries holding non-core US uranium and vanadium projects. Read More
(Alliance News) - The FTSE 100 ended a six-day winning streak to close a strong week on the back foot, ahead of pending US trade talk deadlines. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Zenova Group PLC on Friday said it has inked an order for 2,200 Zenova FX6L fire extinguishers, with it noting increasing demand to stock its FX range. Read More
(Alliance News) - Mirriad Advertising PLC on Friday reported the signing of a services agreement as it noted a near 50% decline in interim revenue. Read More
(Alliance News) - Samuel Heath & Sons PLC on Friday hailed its cost reduction measures as it noted the successful passing on in full of 10% tariff measures. Read More
(Alliance News) - Maven Renovar VCT PLC on Monday advised shareholders against a proposal to replace its board with four new directors, including ex-fund manager Paul Jourdan. Read More
Investec PLC and Ltd - financial services company - Former chief executive officer Stephen Koseff sells 300,000 shares at an average price of 564.9 pence, for GBP1.7 million in total. The transaction occurred on Thursday in London. Koseff is currently a director of Investec Ltd, Investec plc and various subsidiaries. Read More