Mirriad Advertising PLC - London-based provider of virtual product placement - Receives GBP346,000 research and development tax credit from UK tax collector HMRC. The tax credit, which Mirriad had flagged in a trading update on Friday last week, relates to 2024. Mirriad says its cash position now is GBP1.3 million. Read More
Gulf Marine Services PLC - London and Abu Dhabi-based operator of self-propelled self-elevating support vessels for offshore energy industry - Wins contract for one of its large-class vessels in the Middle East. Gulf Marine Services doesn't name the customer or provide financial details. It says the contract is for two years with options to extend. It says recent contract awards have added 2,354 days to its backlog of booked vessels. Read More
(Alliance News) - BP's sale of its Castrol lubricants business for USD10 billion headlines a shortened trading session on Wednesday, as the London Stock Exchange closes early at 12:30 GMT for Christmas Eve and remains shut on Thursday and Friday for the holiday break. Read More
(Alliance News) - Stocks in London were set to open lower on Wednesday, on what is expected to be a quiet session after blowout US gross domestic product data on Tuesday, with trading activity thinned by the looming Christmas holiday period. Read More
(Alliance News) - The following companies are due to release earnings reports or trading statements at 0700 GMT: Read More
Quantum Helium Ltd - Sydney-based mining company targets helium, hydrogen and hydrocarbons in the US and Australia formerly called Mosman Oil and Gas - Says last week marked two major milestones for the company: completion of the Sagebrush 3D seismic acquisition and finalisation of the Coyote Wash Sproule ERCE independent resource report. In addition, the company also finalised the irrevocable letter of credit required for the extended flow test at Sagebrush-1. Together, these achievements have significantly advanced Quantum's regulatory, technical and development position heading into 2026, it says. The regulatory progress continues with the company expecting final sign-off for the extended flow test at Sagebrush-1 once the Bureau of Indian Affairs completes its review cycle. Early 2026 priorities include: receipt of fully processed and interpreted 3D seismic results; commencement of the extended flow test at Sagebrush-1 upon final BIA approval; integration of the new seismic into 2026 drilling and development planning; and advancement of commercial discussions and surface development options. Read More
Eqtec PLC - London-based provider of syngas technology and engineering services for clean conversion of waste into sustainable energy and biofuels - Announces that it has agreed with its lenders to extend the maturity date of its convertible loan and has drawn down an additional GBP75,000 under the convertible loan facility announced in October. Says discussions are ongoing with its existing lenders and its significant shareholder, Rebel Ion Ltd, regarding its current debt position and potential future funding solutions. Read More
Concurrent Technologies PLC - Colchester, England-based designer and manufacturer of computer products for use in critical embedded applications - Announces an updated plan for its Colchester-based headquarters and UK manufacturing facilities. Reflecting planning delays, decides to adopt an alternative, lower cost option to accelerate the timeline for capacity expansion. Agrees a 10-year lease for around 14,800 square feet of office space in a newly refurbished building immediately adjacent to its existing facility in Colchester. Office-based staff will relocate to the new building, allowing the current site to be reconfigured for additional manufacturing capacity, and efficiency of production layout. Additionally, terms have also been agreed for a new 10 year lease at the current site, securing the expanded production capability beyond the mid 2030's. Concurrent will also continue with its previously stated investment in new machines to double assembly capacity, further strengthening its ability to meet customer demand. Concurrent expects to upgrade the current facility and complete the move into the new office building in the first half of 2026. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Cora Gold Ltd - West Africa-focused gold developer - Latest fundraise generate gross proceeds of GBP1.05 million. Cash and cash equivalents stands in excess of USD1.65 million. Read More
Oscillate PLC - London-based firm building a mining asset portfolio, aiming to produce copper and base metals - Completes field work for three different geophysics programmes at licences PL231/2018 and PL082/2020 in the Kalahari Copper Belt project in Botswana: a ground-based Time Domain Electromagnetic survey, an Audio-frequency Magnetotellurics survey and a ground Magnetic survey. Works complete on schedule and on budget. The data is currently undergoing geophysical interpretation and modelling with results available in the first quarter. Read More
(Alliance News) - The FTSE 100 was in festive mood on Tuesday, closing higher after a report showed improved UK business confidence and the US economy grew more than forecast in the third quarter. Read More
British American Tobacco PLC - London-based cigarette and nicotine product maker - Julia Wheaton, a person closely associated to Chief Corporate Officer Kingsley Wheaton, sells 17,850 shares at GBP42.27 for GBP754,520, outside a trading venue on Monday. Read More
(Alliance News) - The UK government said Tuesday it will raise inheritance tax thresholds for farmers' estates from GBP1 million to GBP2.5 million, signalling a major climbdown of a policy that triggered months of protests. Read More