(Alliance News) - Card Factory PLC on Wednesday said it is on track to deliver profit in line with its revised guidance, as it said UK trading during the Christmas period reflected the "challenging consumer backdrop". Read More
(Alliance News) - NextEnergy Solar Fund Ltd on Thursday said the government has chosen the "less disruptive" option for a planned inflation indexation change, but not its preferred course of action. Read More
(Alliance News) - Public Policy Holding Co Inc on Wednesday announced the pricing of its initial public offering on the Nasdaq Global Market in the US for total gross proceeds of around USD50.8 million. Read More
Atalaya Mining Copper SA - owns and operates Proyecto Riotinto copper mine in southwest Spain - Raises GBP130.0 million from placing and retail offer of 13.0 million shares at GBP10.00 each, as planned. Atalaya announced the equity raise after the London market close on Tuesday and confirmed its completion prior to the start of trade on Wednesday. The new shares represent 9.2% of Atalaya's total prior to the raise and 8.5% after. It will now have 153.8 million share issued in total. The company says both the placing and the retail offer are "significantly oversubscribed". The placing is run by BMO Capital Markets Ltd, Canaccord Genuity Ltd, Peel Hunt LLP, and Banco Santander SA. The equity raise "represents a significant milestone for Atalaya and will enable us to accelerate our growth projects in Spain," says Chief Executive Officer Alberto Lavandeira. Read More
(Alliance News) - Stock prices in London were lower at midday on Wednesday, as a stronger pound weighed on the export-heavy FTSE 100, despite strength among mining stocks. Read More
(Alliance News) - Next 15 Group PLC on Wednesday said it expects its annual results to be in line with market guidance, and to deliver like-for-like growth in its upcoming year. Read More
Mears Group PLC - Gloucester, England-based provider of housing and social care - Wins contract from Birmingham City Council worth GBP450 million over the initial 10 year period. It is for the provision of responsive and void maintenance, gas servicing and heating installation, planned maintenance and improvement programmes to council housing stock. Responsive maintenance is work on occupied properties in response to issues being report, while void maintenance is of properties that are between tenants. Read More
Man Group PLC - London-based investment manager - Appoints Colin Bell as an executive director from March 1, with him set to join both the Audit and Risk Committee, and Nomination and Governance Committee on the same date. Notes that Bell served as chief executive of HSBC Bank PLC and HSBC Europe from 2021 to 2024. Says that in this role, he was responsible for leading the bank's strategic direction and operations. Adds that prior to joining HSBC in 2016, he worked in a "number of senior leadership roles" at UBS. Read More
Cerillion PLC - London-based billing, charging and customer relationship management software company - Appoints Greg Price, chief financial officer of London-based software and cloud service provider essensys PLC, as its own CFO, taking up the role by May 1. He succeeds Andrew Dickson, who will be standing down from Cerillion's board on March 1 as he decides to "pursue new opportunities" and further develop his career. Dickson will remain with Cerillion for a handover period with his successor Price. essensys announces that Price has decided to resign from the company with which he will stay until the end of April to enable an orderly handover. Read More
Murray Income Trust PLC - Edinburgh-based investor primarily in UK equities - Expects Artemis Fund Managers Ltd to take over management of its portfolio on or around March 2. In November, Murray Income Trust announced the outcome of its strategic review and that it had agreed to appoint Artemis as its new alternative investment fund manager. "The appointment of Artemis remains conditional on, among other things, the execution of a new investment management agreement and related contractual documentation," Murray Income Trust notes. It intends to appoint NSM Funds (UK) Ltd as its new company secretary. Read More
(Alliance News) - Retail sales in Ireland declined both annually and monthly in December, provisional data published by the Central Statistics Office showed on Wednesday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More