(Alliance News) - Gresham House Energy Storage Fund PLC on Monday launched a formal sale process, recognising shareholders' "increased desire to accelerate value delivery". Read More
RWS Holdings PLC - Atlanta, Georgia-based AI solutions company - Completes acquisition of Aco Group, the parent company of Acolad. Says completion follows receipt of necessary regulatory clearance from the French Ministry for the Economy, Finance & Industrial, Energy & Digital Sovereignty. As per the August announcement, the RWS will pay GBP22.4 million. RWS says it "looks forward to bringing its market-leading AI platforms to Acolad's European enterprise client base, thereby unlocking a material value creation opportunity for the group. RWS will provide an update on the integration of Acolad into the Group in its [financial 2026] results announcement in December 2026." Acogroup, is a language and content services provider. Read More
(Alliance News) - The dollar was stronger against major counterparts on Monday, while the euro firmed and the pound was mixed as observers prepare for the Bank of England's rate call later in the week. Read More
(Alliance News) - Hutchmed China Ltd on Monday said regulatory filings for Orpathys, alias savolitinib, in combination with Tagrisso have been accepted for review in Japan and the EU. Read More
(Alliance News) - Sareum Holdings PLC on Monday reported a narrower loss as the company prioritised completion of development work on its lead drug candidate. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and not separately reported by Alliance News: Read More
Serica Energy PLC - North Sea-focused oil and gas producer - Signs a contract for the Beacon Pacific rig to carry out a multi-well UK Continental Shelf drilling campaign. The Odfjell Drilling-operated rig could add up to 30,000 barrels of oil equivalent per day of incremental production, helping sustain portfolio output of 50,000 barrels of oil equivalent per day into the next decade. The contract covers six firm wells, with options for additional activity. Drilling is expected to begin in the third quarter of 2027. Chief Executive Officer Chris Cox said: "Securing the rig is an important milestone in delivering our organic growth programme. Our first campaign will be at Bruce - the field's first drilling programme in almost fifteen years - where we are targeting high-return infill wells with the potential for rapid payback." Read More
(Alliance News) - Stock prices in London were mixed at midday on Monday, following news that UK manufacturing grew in line with expectations last month, and as markets remain watchful for further developments between the US and Iran. Read More
(Alliance News) - Kosmos Energy PLC on Monday hailed "meaningful progress" as it swung to a nine-month pretax profit and amended and extended its reserve-based lending facility. Read More
Moonpig Group PLC - London-based online greeting cards and gifting platform - Completes the first half of the GBP65 million share buyback planned for financial 2027. Moonpig buys back 12.7 million shares for GBP32.5 million in total. The buyback is run by JP Morgan Securities PLC. Moonpig's employee benefit trust additionally buys back 2.0 million shares for GBP4.3 million in total. Read More
(Alliance News) - Ibstock PLC on Monday warned it expects second-half performance to be materially below its previous expectations after weak trading in September and October. Read More
Shell PLC - London-based oil major - Andrew Smith, president of Trading & Supply, sell 33,000 shares at EUR48.62, worth EUR1.6 million, in Amsterdam on Friday. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Monday. Read More
London Stock Exchange Group PLC - London-based exchange operator and provider of market data - Starts the final GBP650 million portion of its GBP3 billion share buyback for 2026. The tranche will be run by Citigroup Global Markets Ltd. It will start on Monday and be completed by February 24. The previous GBP700 million tranche was run by BNP Paribas. All repurchased shares will be cancelled, LSEG says. Read More
LondonMetric Property PLC - London-based property investor - Chief Financial Officer Martin McGann will leave in the summer next year, after the release of full-year results. McGann has worked for LondonMetric since it was formed in January 2013. LondonMetric says the search for McGann's successor is "well underway". McGann comments: "There is plenty still to do before I hand over the reins next summer, and my focus remains firmly on the business and ensuring a smooth handover." Read More