(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Seraphim Space Investment Trust PLC - London-based investor in 'SpaceTech' companies, such as space-based mobile phone connectivity - Stands to receive up to USD54.4 million, about GBP40.7 million, in cash and shares from the acquisition of portfolio holding All.Space Ltd by York Space Systems Inc. Seraphim Space notes that this is above the GBP31.3 million that it invested into All.Space back in 2021 but below the GBP57.4 million fair value value assigned to the holding in Seraphim Space's accounts as of March 31. The investment trust says this is due to the a decline in York's share price to USD22.92 in New York at the close of the deal from USD34 when it was agreed in April. Were York's price to recover to USD34 by the time lock-up agreements for the deal expire, total consideration for Seraphim Space will be USD68.1 million, or GBP50.9 million. All.Space develops satellite communications terminals, while York is a US defence contractor. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Informa PLC - London-based business information publisher and events organiser - Hires former Reuters chief executive Tom Glocer as its next chair. Glocer will join the Informa board as a non-executive director on October 1 and replace John Rishton as chair in 2027. Read More
(Alliance News) - Spire Healthcare Group PLC on Thursday announced a third put-up-or-shut-up deadline extension for its second-largest shareholder. Read More
(Alliance News) - Iranian leaders face a renewed call from London to "fully reopen" the Strait of Hormuz to shipping, after the breakdown of a ceasefire in the Middle East. Read More
(Alliance News) - Workspace Group PLC on Thursday responded to Saba Capital Management LP's recent letter and presentation, calling the activist investor's proposed strategy "an accelerated wind-down" in disguise. Read More
(Alliance News) - Stock prices in London were mixed at midday on Thursday, with the FTSE 100 underperforming its European peers as a sharp fall in AstraZeneca outweighed gains elsewhere, while investors continued to monitor developments in the Middle East. Read More
(Alliance News) - Segro PLC on Thursday affirmed a takeover tilt from Prologis Inc is "inadequate, opportunistic and one-sided". Read More
(Alliance News) - Labour MPs in the UK have begun making their nominations for Keir Starmer's successor as the party leader and next prime minister. Read More
(Alliance News) - Ireland's annual consumer price inflation rate eased slightly in June, but still sits above 3%, numbers on Thursday showed. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Thursday. Read More