(Alliance News) - Kavango Resources PLC on Friday reported a second high-grade gold intercept at the Bill's Luck gold mine on the Hillside project in Zimbabwe. Read More
(Alliance News) - Stock prices in Europe were largely higher at midday on Friday, though the FTSE 100 pared some earlier gains as a slump from GSK weighed on the index. Read More
(Alliance News) - Cash shell Electric Guitar PLC on Friday said it had agreed in principle to acquire Dunbar Energy Inc as part of a reverse takeover. Read More
(Alliance News) - Carr's Group PLC on Friday said it signed a strategic manufacturing partnership with Vetalis, a Cognac-based company specialising in animal nutrition. Read More
RentGuarantor Holdings PLC - London-based provider of rent guarantee services in the UK private rental sector - Expects shares to begin trading on London's AIM on August 15, and proposes the cancellation of shares trading on the Apex segment of the Aquis Stock Exchange also on August 15. Anticipates a market capitalisation of around GBP34 million upon admission. Explains the decision was made after requests from existing and potential shareholders for improved liquidity. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
British Land Co PLC - developer of office campuses and urban logistics properties in London and of retail parks throughout the UK - Chair William Rucker buys 29,000 shares at 344.8 pence, worth GBP99,992, on Wednesday. Rucker took the British Land chair in July last year. Read More
Seed Innovations Ltd - investor in life science and technology companies - Calls annual general meeting for August 13, at which the company will ask shareholders to approve a tender offer for up to 45% of its existing shares and a change in investment policy. Seed Innovations proposes to focus future investments on robotics and artificial intelligence. It says the tender offer and new investment policy follow the board's review of options to "reinvigorate the company with a view to narrowing the continually disproportionate discount of its share price" to net asset value, which it reported as 6.10 pence per share as of March 31. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - Senior PLC on Friday said it had agreed on the disposal of its Aerostructures division to Sullivan Street Partners, a London-based mid-market buyout firm. Read More
Argentex Group PLC - London-based currency risk management firm - The UK Financial Conduct Authority orders Argentex operating subsidiary Argentex LLP "to cease all regulated activity, to not register and onboard new customers, and to not open any new foreign exchange trades". Under the "voluntary" agreement, Argentex also must "take all reasonable steps to stop incoming payments from existing customers". It follows the FCA's supervision of Argentex amid "liquidity pressures" caused by currency market volatility. Argentex had until Tuesday this week to find additional funding by means of a secured revolving credit facility but was unable to do so. As a result, its shares were suspended from trading in London on Thursday. They had plummeted more than 90% since April, when Argentex revealed a sharp deterioration in its short-term liquidity position. Read More
(Alliance News) - Bridgepoint Group PLC on Friday noted signs of increasing transaction activity amid "exciting" medium-term growth prospects for private markets, though it posted a decline in half-year profit. Read More