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Lastest Finance News

IN BRIEF: Thruvision Group raises GBP1.4 million via subscription

12th Nov 2024 16:54

Thruvision Group PLC - security technology provider - Raises a total of GBP1.4 million before expenses through direct subscriptions from existing shareholders of the company at a price of 11 pence per subscription share. Says that the net funds received by the company will be used to strengthen the balance sheet and provide additional working capital. The subscription represents a 29% premium to the closing mid-market price of an ordinary share of 8.5 pence on November 11. Read More

IN BRIEF: AB InBev offers to buy back bonds worth up to USD3 billion

12th Nov 2024 16:49

Anheuser-Busch InBev NV - Leuven, Belgium-based brewer - Offers to buy back bonds worth up to USD3 billion, including dollar notes, pound issues, and euro securities. Dollar-denominated bonds include 3.500% notes due 2030, 4.700% notes due 2036, another 4.700% notes due 2036, 4.375% notes due 2038, 4.350% notes due 2040, 3.750% notes due 2042, 4.000% notes due 2043, 4.625% notes due 2044, 4.900% notes due 2046, another 4.900% notes due 2046, 4.600% notes due 2048, 4.500% notes due 2050, 4.750% notes due 2058, and 4.600% notes due 2060. Pound-denomicated issues are 2.250% notes due 2029, and 2.850% notes due 2037. The euro bond is 2.000% notes due 2035. Read More

HydrogenOne's Elcogen secures EUR24.9 million green energy grant

12th Nov 2024 16:40

(Alliance News) - HydrogenOne Capital Growth PLC on Tuesday said that its portfolio company, Elcogen AS, has secured a EUR24.9 million grant from the EU Innovation Fund. Read More

Concurrent Tech says Systems unit inks USD3.7 million contract

12th Nov 2024 16:37

(Alliance News) - Concurrent Technologies PLC on Tuesday said that its Systems business unit in Los Angeles has secured a USD3.7 million contract, with a leading defence platforms provider in Asia. Read More

Ondo InsurTech expands product offering in US with Nationwide deal

12th Nov 2024 16:32

(Alliance News) - Ondo InsurTech PLC on Tuesday celebrated an expansion of its partnership with Nationwide Mutual Insurance Company, in order to roll out LeakBot across 16 states in the US. Read More

Star Energy sells Alton land to Pickerings Hire for GBP6 million

12th Nov 2024 16:28

(Alliance News) - Star Energy Group PLC on Tuesday said that it has exchanged contracts for the sale of land to Pickerings Hire Ltd for a cash consideration of GBP6.3 million. Read More

Diversified Energy sees production rise following acquisition

12th Nov 2024 14:37

(Alliance News) - Diversified Energy Co PLC on Tuesday reported an increase in third-quarter production figures as it remains "well positioned for additional opportunities". Read More

Vaalco Energy sees revenue, profit rise in latest quarter

12th Nov 2024 14:28

(Alliance News) - Vaalco Energy Inc on Tuesday reported increased earnings for its third quarter, as well as for the first nine months of this year. Read More

Marks Electrical swings to loss as costs increase; cautions on costs

12th Nov 2024 14:27

(Alliance News) - Marks Electrical Group PLC on Tuesday said it aims to harness its approach to cost control as it grapples with higher employer national insurance and the national minimum wage in the UK, and announced a half-year loss. Read More

Time Finance expects to surpass market expectations in 2025

12th Nov 2024 14:26

(Alliance News) - Time Finance PLC on Tuesday said it now expects full-year results to be ahead of market expectations. Read More

IN BRIEF: First Property anticipates profit ahead of expectations

12th Nov 2024 14:22

First Property Group PLC - property fund manager and investor in UK and Central Europe - Says its first half has been "good", as the company has benefitted from several one-off events. It says this includes profit earned from property trading by an unnamed fund managed by the group, in which it holds "an associated investment". It also benefitted from the early receipt of fees from a management agreement it holds with another unnamed fund, where property disposals were made ahead of schedule. Read More

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