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Lastest Finance News

IN BRIEF: One Media iP sells stake in Round Group; pays off loan

24th Aug 2026 20:29

One Media iP Group PLC - Buckinghamshire, England-based digital music rights acquirer, publisher and distributor - Completes the disposal of its 4.6% stake in Round Group Ltd. In connection with the transaction, the company has also agreed a variation to its existing loan arrangements with Round. Under the revised arrangements, a portion of the loan will be redrawn by Round under the existing loan facility, following which the aggregate principal amount outstanding will be GBP175,000. Chief Executive Michael Infante says: "We are pleased to have completed the disposal of our investment in Round, crystallising value for One Media and its shareholders. We wish the Round team every success for the future." In addition, says it has repaid in full its outstanding long-term loan with Coutts & Com using existing cash resources. The outstanding loan was last reported in the company's half-year results at GBP580,000. Following repayment, the group is now in a net cash position with no borrowings. Read More

IN BRIEF: Quantum Helium updates on Sagebrush and Coyote Wash projects

24th Aug 2026 20:11

Quantum Helium Ltd - Sydney-based miner targeting helium, hydrogen and hydrocarbons in the US and Australia - Provides an update on engineering work at its Sagebrush project, in which it holds a 90% working interest, and on additional drilling opportunities across its Colorado portfolio. At Sagebrush, says it is finalising an engineering assessment to define the next phase of testing, stimulation and field development. Quantum expects the next programme to use a more extensive stimulation treatment to increase contact with the natural fracture network and improved sustained flow rates from which to base development planning. In parallel, permitting and drill planning are advancing across five additional opportunities across the Sagebrush and Coyote Wash projects. Quantum has a 100% working interest in Coyote Wash. "Our work at Sagebrush continues to strengthen our confidence in the project," says Chief Executive Howard McLaughlin. "We are not only progressing Sagebrush towards its next phase, but also building a broader Colorado drilling pipeline with the potential to support a multi-field helium and oil business," he adds. Read More

IN BRIEF: Celsius Resources seeks disbarment of Sarmiento

24th Aug 2026 20:11

Celsius Resources Ltd - developer of the Maalinao-Caigutan-Biyog copper-gold project in the Philippines - Advises that it and other complainants have filed a verified disciplinary complaint seeking the disbarment of Attorney Julito Sarmiento and other respondent lawyers from Sarmiento Loriega Law for alleged violations of the Code of Professional Responsibility and Accountability. This follows the recent filing of a criminal complaint with the Philippines Department of Justice against Sarmiento around an alleged contravention under Section 2-A of the Anti-Dummy Law. Read More

IN BRIEF: Likewise completes Corby hub deal; reports positive trading

24th Aug 2026 19:38

Likewise Group PLC - Birmingham, England-based floor coverings distributor - Completes the acquisition of the freehold of a new 60,000 square feet high bay distribution hub in Corby, East Midlands for GBP9.6 million. The hub will significantly add to the storage, cutting and trunking capacity of the Likewise floors logistics network, the firm says. Installation of racking, cutting table and establishment will commence immediately, with incoming stock towards the end of the year and operational from January next year. Likewise says the hub is a "very important investment" and will allow the group to achieve the next "aspirational" target of GBP300 million sales revenue. In addition, Likewise says following the additional momentum reported in July, it continues to trade positively in August, ahead of the traditionally busier autumn period. Chief Executive Tony Brewer says: "We continue to evaluate other property investments to further strengthen the group and the material handling capability with further announcements expected in the coming months." Read More

IN BRIEF: Georgina Energy completes GBP1.3 million fundraise

24th Aug 2026 19:29

Georgina Energy PLC - helium, hydrogen and natural gas exploration and development company - Raises GBP1.3 million through the issue of 10 million shares at a placing price of 12.5 pence each. Investors will also receive one warrant per placing share at an exercise price of 14 pence expiring five years from admission. Proceeds will be used for the Hussar drilling programme in Western Australia and general working capital. Read More

IN BRIEF: Trekor Metals executive sells shares after options exercise

24th Aug 2026 19:24

Trekor Metals Ltd - North America-focused copper producer formerly known as Taseko Mines - Executive Brian Bergot sells 75,000 shares at average CAD12.22 for total CAD916,500, or USD661,785, between August 17 to August 21. This follows the exercise of options for the same number of shares. Read More

Burnham refuses to rule out tax rises in autumn budget

24th Aug 2026 18:40

(Alliance News) - Andy Burnham has refused to rule out tax rises in the budget, saying he "won't be unrealistic" about the state of the public finances. Read More

Metlen demerger moves ahead to consolidate infrastructure activities

24th Aug 2026 18:09

(Alliance News) - Metlen Energy & Metals PLC on Monday reported that a draft demerger agreement, which sees the company spinning off part of the business, had been approved. Read More

Corpus Resources swings to interim pretax loss, evaluates acquisitions

24th Aug 2026 17:36

(Alliance News) - Corpus Resources Plc swung to a pretax loss in the first six months of 2026 and said it was evaluating new opportunities in oil and gas assets. Read More

LONDON MARKET CLOSE: FTSE 100 outperforms as oil price heads lower

24th Aug 2026 17:04

(Alliance News) - The FTSE 100 closed higher in London on Monday, outperforming European peers, as oil prices edged lower and investors looked ahead to key events in the US later this week. Read More

IN BRIEF: GSK US President sells shares worth USD2.3 million

24th Aug 2026 16:50

GSK PLC - London-based pharmaceutical firm - President of the US business Maya Martinez-Davis sells 3,916 American depository receipts at an average price of USD52.14 each, worth approximately GBP204,180 in total, on Thursday in New York. On Friday, Martinez-Davis sells 40,481 ADRs, also at an average USD52.14 each, worth about USD2.1 million. Read More

EDX Medical raises GBP2.7 million to expand employee health screening

24th Aug 2026 16:30

(Alliance News) - EDX Medical Group PLC on Monday said it has raised GBP2.7 million through a share subscription at 14 pence per share. Read More

Phoenix Copper awards updated study contracts for Idaho mine project

24th Aug 2026 16:27

(Alliance News) - Phoenix Copper Ltd shares jumped on Monday afternoon after the company announced it had awarded contracts for updated studies on its Idaho mine project to metallurgist Deepak Molhatra, Hardrock Consulting LLC, and Valley Science & Engineering. Read More

Iofina announces new water source installed in iodine Oklahoma plant

24th Aug 2026 15:45

(Alliance News) - Iofina PLC shares rose on Monday afternoon after the company announced that a second brine water source has been fully installed at its plant in Central Oklahoma. Read More

IN BRIEF: Luceco CEO John Hornby sells GBP1.1 million in shares

24th Aug 2026 15:21

Luceco PLC - London-based lighting manufacturer and distributor - Chief Executive John Hornby sells 505,000 shares at 224.06 pence each, worth approximately GBP1.1 million in total, on Friday in London. Read More

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