SSE PLC - Perth, Scotland-based electricity generator - Sam Peacock, managing director of Corporate Affairs, Regulation & Strategy, sells 3,000 shares at GBP22.69, worth GBP68,056, on Thursday last week. Read More
(Alliance News) - Stelrad Group PLC on Monday said economic uncertainty has weighed on full-year sales while profit is expected to be lower than market consensus. Read More
CAB Payments Holdings PLC - London-based payment processing and foreign exchange provider - Independent Non-executive Director Kushagra Saxena buys 97,861 shares at 51.50 pence, worth GBP50,398, on Wednesday last week. Read More
Sequoia Economic Infrastructure Income Fund Ltd - Guernsey, Channel Islands-domiciled fund run by London-based Sequoia Investment Management Co Ltd - Net asset value per share rises to 94.90 pence at October 31 from 93.67 pence a month earlier, driven by interest income and positive asset valuations. After accounting for the 1.71875p quarterly dividend to be paid on 21 November, the post-distribution NAV stands at at 93.18p. The fund says its portfolio remains well positioned amid high interest rates, with 59% in fixed-rate assets. The revolving credit facility was fully undrawn at month-end, and the company holds GBP124.6 million in cash following GBP119.6 million in loan prepayments. Read More
3i Group PLC - London-based private equity investor - Chief Operating Officer Jasi Halai buys 10,588 shares at GBP32.92 and GBP32.55, worth GBP348,683, on Friday last week. Peter Wirtz, senior partner for Private Equity, buys 25,000 shares at GBP34.16, worth GBP853,883, on Thursday. Already reported, Chief Executive Simon Borrows bought 30,000 shares on Thursday, and Karen McKellar, an associate of Non-Executive Director Peter McKellar, bought 4,000 shares on Friday. The purchases by the four directors are worth GBP2.3 million in total. Read More
(Alliance News) - Genuit Group PLC on Monday lowered its full-year profit expectations amid "uncertainty" surrounding the impacts of next week's UK government budget, despite reporting increased revenue in the year so far. Read More
(Alliance News) - Marks & Spencer Group PLC is to sell its food products in shops in Australia for the first time amid efforts to grow further globally. Read More
(Alliance News) - HSS Hire Group PLC and Speedy Hire PLC on Monday confirmed they have completed the agreement announced back in October for Speedy Hire to provide services to a revamped and renamed HSS Hire, in which it will hold an equity stake. Read More
(Alliance News) - Senior PLC on Monday said it has joined a Dutch-led consortium developing a zero-emissions hydrogen powertrain for regional aircraft. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
(Corrects statutory pretax loss to profit for the first half.) Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
(Alliance News) - Sirius Real Estate Ltd on Monday reported mixed results for the first half of its financial year with higher revenue and rental roll growth but lower profitability and a drop in net asset value per share. Read More
Jubilee Metals Group PLC - London-based metal processing company - South African Competition Tribunal has unconditionally approved Jubilee's sale of chrome and platinum group metal operations in South Africa. Jubilee still requires approval from the South African Reserve Bank. Shareholders endorsed the disposal late in August. Early in June, Jubilee said it had received a "conditional binding offer" from a private mining and metals trading company to acquire its South African chrome and PGM business for up to USD90 million, or ZAR1.60 billion. Read More
Metlen Energy & Metals PLC - Athens-based aluminium producer and electricity generator - Plans for a EUR500 million senior notes offering as the group seeks to refinance debt and strengthen its balance sheet. The company hires BNP Paribas SA, Citigroup Inc, HSBC Holdings PLC and Morgan Stanley as joint global coordinators to arrange a series of fixed-income investor meetings across Europe beginning Monday. Metlen says proceeds will be used to repay existing indebtedness, support general corporate purposes, and cover fees and expenses related to the offering. Read More