EARNINGS: Personal Group trading "robust"; Parity loss widens
29th Sep 2023 10:51
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - SolGold PLC on Friday said it swung to a considerable loss in its latest financial year, mainly thanks to surging administrative expenses, and it said it will need additional funding to continue operations. Read More
3i Infrastructure PLC - Jersey-based infrastructure investment trust - Expects to deliver half-year period of outperformance, noting that its recent sale of Dutch waste management firm Attero has driven a 31% uplift to its latest valuation in the five months to September 28. Says portfolio continues to deliver "strong earnings growth", and income is "slightly ahead" of expectations, with total income and non-income cash of GBP103 million, up 5% from the same period last year. Is on track to deliver its dividend target for the year ending March 31 of 11.90 pence per share, up 6.7% from 5.4p in financial 2023, which is expected to be fully covered by net income. Read More
(Alliance News) - The number of house sales fell by 16% in August compared with the same month a year earlier, according to provisional HM Revenue & Customs figures. Read More
Alpha Group International PLC - London-based investor - Founder & Chief Executive Officer Morgan Tillbrook sells 789,476 shares at a price of GBP19.00 each via a secondary placing, worth GBP15.0 million. Says this represents around 1.8% of total shares. On completion of the placing, Tillbrook will hold 5.9 million shares or around 14% of Alpha. The company will not receive any proceeds from the placing. Notes Tillbrook has agreed not to sell or otherwise dispose of any of his shares for 180 days without prior written consent of Liberum Capital Ltd and Peel Hunt LLP, alongside Alpha, followed by an orderly market period of 180 days. Read More
(Alliance News) - Hutchmed (China) Ltd on Friday said Takeda Pharmaceutical Co Ltd has submitted a new drug application for cancer treatment fruquintinib to the Ministry of Health, Labour & Welfare in Japan. Read More
(Correcting that Dar Global's financial results were in US dollars.) Read More
(Alliance News) - Rathbones Group PLC on Friday named Investec Wealth & Investment Ltd's finance director, Iain Hooley, as its new chief financial officer, as the companies continue to merge operations. Read More
(Alliance News) - Future PLC on Friday predicted yearly profit in line with expectations, despite battling some tricky trading conditions. Read More
Syncona Ltd - London-based investor in healthcare companies - Launches share buyback programme worth up to GBP40.0 million, to be conducted by Numis Securities Ltd. Says core focus remains on allocating capital to portfolio companies' assets. However the buyback is necessary due to Syncona's shares currently trading at a discount to net asset value, which was 184.6 pence per share at June 30. Says buyback will not affect investments into clinical stage assets planned for the next 24 months. Company expects that capital deployment into portfolio and pipeline will total between GBP150 million and GBP200 million for the year ending March 31, in line with prior guidance. Chair Melanie Gee says Syncona "has a high level of confidence in our portfolio and its valuation". Read More
(Alliance News) - Home REIT PLC on Wednesday said it exchanged on the sale of 137 properties worth GBP22.8 million. Read More
(Alliance News) - London Finance & Investment Group PLC said on Friday it had a "solid base" of investments to fuel growth after swinging to an annual profit. Read More
(Alliance News) - Kibo Energy PLC on Friday reported its first-half loss narrowed as the renewable energy group continued to face a liquidity crunch. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning: Read More
(Alliance News) - Severn Trent PLC on Friday proposed "record" levels of investment in its new five-year business plan for April 1, 2025 to March 31, 2030. Read More