Capital Metals hails drill results, extends Ambeon investment deadline
(Alliance News) - Capital Metals PLC on Wednesday reported "extremely significant" results from recent drilling at its Taprobane project in Sri Lanka. Read More
(Alliance News) - Capital Metals PLC on Wednesday reported "extremely significant" results from recent drilling at its Taprobane project in Sri Lanka. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Diageo PLC on Wednesday said Chief Executive Officer Debra Crew has stepped down with immediate effect by mutual agreement, with the chief financial officer stepping up on an interim basis. Read More
Afentra PLC - upstream operator in Africa with carried interest in Odewayne block onshore in southwestern Somaliland - Non-Executive Director Gavin Wilson buys 120,000 shares at GBP0.48, worth GBP58,008, on Friday and Monday. Read More
Chelverton UK Dividend Trust PLC - Chelmsford, England-based investor in UK small- to mid-cap companies - Chair Howard Myles buys 100,000 shares at GBP1.46, worth GBP146,000, on Tuesday. Read More
Onward Opportunities Ltd - invests in smaller UK companies - Raises GBP1.4 million gross from a direct subscription of shares from the company in response to "significant investor demand". Says it will sell at least 1.1 million new shares at 126.64 pence to new an existing investors, noting this is at a 1.7% premium to its net asset value per share on Friday last week of 124.52p. Onward Opportunities says it will keep the subscription offer until this Friday to facility any further demand. "In the headwinds of domestic and international political volatility, it is more important than ever to demonstrate demand for our high touch, specialist investment strategy," says Laurence Hulse, lead fund manager. "We are sanguine about the valuation opportunities such volatility produces. Onwards." Read More
(Alliance News) - Taylor Maritime Ltd on Wednesday said it has sold ten new vessels for a combined total of USD176.3 million, at an average 1.1% discount to fair market value. Read More
(Alliance News) - Corero PLC on Wednesday predicted that it will likely miss full-year market expectations after slower orders and weaker consumer confidence in the first half of 2025. Read More
Supermarket Income REIT PLC - London-based real estate investment trust for property leased to grocery retailers - Says its listing is in the equity shares category on the London Stock Exchange from Wednesday. Shareholders approved the transfer of its listing last month. Supermarket Income believes the equity shares category is suited to a UK real estate investment trust with an internalised management structure. Read More
(Alliance News) - The UK competition regulator on Wednesday said it is considering whether or not to investigate the acquisition by Norcros PLC of Norway's Fibo Holding AS, which also makes home improvement products. Read More
(Alliance News) - Kenmare Resources PLC on Wednesday said it is on track to meet its 2025 production and cost guidance after a steady second quarter, but flagged a non-cash impairment charge of up to USD125 million due to weaker long-term price assumptions. Read More
(Alliance News) - Alien Metals Ltd on Wednesday reported "exceptional" silver assay results from initial drill holes at the Elizabeth Hill silver project in the Pilbara region of Western Australia. Read More
(Alliance News) - McBride PLC shares fell on Wednesday, after it said annual revenue has increased at a lower rate than the prior year, and that it expects adjusted operating profit to be in line with guidance. Read More