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Lastest Finance News

Venture Life shares rise on CDMO business, non-core products disposal

12th May 2025 13:56

(Alliance News) - Venture Life Group PLC on Monday reported the sale of its contract manufacturing business as it looks to shift to a pure-play consumer healthcare brand. Read More

IN BRIEF: London Finance & Investment gets UK company registrar nod

12th May 2025 13:38

London Finance & Investment Group PLC - London-based investment finance and management company - Company registrar Companies House UK approves the capital reduction documents on Monday. London Finance & Investment is returning 71 pence or ZAR17.39 per share to its shareholders. Shares will be suspended from the London Stock Exchange and the Johannesburg Stock Exchange on Thursday this week. The company will delist from the LSE on Friday this week. It will formally exit the JSE on May 20. Read More

Amigo Holdings warns of facing insolvency in July as CEO steps down

12th May 2025 13:31

(Alliance News) - Amigo Holdings PLC on Monday said it needs funding by early July to avoid insolvency as Chief Executive Officer Kerry Penfold steps down. Read More

IN BRIEF: MTI Wireless Edge wins USD1.0 million irrigation system deal

12th May 2025 13:24

MTI Wireless Edge Ltd - Israel-based communication and radio frequency technology company - Says subsidiary Mottech Water Solutions Ltd has won a "significant" contract worth around EUR1.0 million from an unnamed, long-term customer in Italy, to be delivered within 2025. The contract is in its first phase and involves the renewal and expansion of an irrigation system initially installed 15 years prior, which will distribute water across an expanded area of agricultural land to grow citrus fruits. MTI expects the contract to be renewed following the completion of the first phase. Read More

Tekmar shares climb as secures grouting services contract in Scotland

12th May 2025 13:17

(Alliance News) - Tekmar Group PLC on Monday announced it has won a new contract to provide grouting services for the Inch Cape Offshore Wind Farm, off the east coast of Scotland. Read More

Synectics wins on-board hub contract from bus operator Stagecoach

12th May 2025 13:11

(Alliance News) - Synectics PLC on Monday said its systems integration business Ocular Integration has won a GBP1.1 million contract with bus operator Stagecoach Group Ltd. Read More

IN BRIEF: Blackbird notes progress with online video editing platform

12th May 2025 13:10

Blackbird PLC - London-based technology licensor, developer and seller of cloud video editing platform Blackbird - Says its video editing and content creation platform, elevate.io, is on track to "raise the ceiling" and "lower the floor" for possibilities with online video editing. Notes "tangible improvements" in customer acquisition cost and its marketing funnel for elevate.io "within just a few months." Says customer acquisition cost is down 38% comparing the period of February 11 to February 28 and April 1 to April 23 this year. Adds that around 50% of website traffic is being converted into verified sign-ups, based on the 28-day period to April 23. Read More

Velocity Composites climbs as BAE contract extended for three years

12th May 2025 12:48

(Alliance News) - Velocity Composites PLC on Monday said it has won a renewal of its contract with defence contractor BAE Systems PLC for a further three years. Read More

Cordel inks DG8 deal to supply technology for Network Rail project

12th May 2025 12:35

(Alliance News) - Cordel Group PLC on Monday said it has secured a contract with Derby, England-based DG8 Design and Engineering Ltd, which will see it "deliver AI-enriched insights for Network Rail." Read More

DIRECTOR DEALINGS: Rolls-Royce and StanChart executives sell shares

12th May 2025 12:27

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced in the past week and not separately reported by Alliance News: Read More

SolGold receives environmental licence for phase at Porvenir project

12th May 2025 12:14

(Alliance News) - SolGold PLC on Monday said it received an environmental licence for an advanced exploration phase at the Porvenir project in southern Ecuador's Zamora Chinchipe province. Read More

US President Donald Trump expected to land in UK as plane to refuel

12th May 2025 12:13

(Alliance News) - Donald Trump is expected to arrive in the UK as his plane is scheduled to refuel at a US airbase. Read More

EARNINGS AND TRADING: Likewise profit falls; Tristel in US boost

12th May 2025 12:12

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

Alkemy Capital soars as Tees Valley Lithium lines up funding

12th May 2025 12:10

(Alliance News) - Alkemy Capital Investments PLC shares surged on Monday as it said it has entered an exclusivity agreement with private equity firm Ara Advisers LLC for a proposed investment in Alkemy's subsidiary Tees Valley Lithium Ltd. Read More

Appropriate to be cautious says BoE deputy as "wages still too high"

12th May 2025 12:10

(Alliance News) - A deputy governor of the Bank of England has said "caution remains appropriate" in fiscal policy decisions despite a slowdown in UK inflation in recent months. Read More

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