Tristel notes scale-up potential in US, hails "strong volume momentum"
(Alliance News) - Tristel PLC on Thursday said it is seeing "strong" volume momentum underpinned by "solid" growth in the UK and accelerating demand across Europe. Read More
(Alliance News) - Tristel PLC on Thursday said it is seeing "strong" volume momentum underpinned by "solid" growth in the UK and accelerating demand across Europe. Read More
(Alliance News) - TwentyFour Select Monthly Income Fund Ltd on Thursday announced a higher net asset value, although the NAV total return was lower than a year ago, and highlighted that the outlook for the credit market is positive. Read More
John Wood Group PLC - Aberdeen, Scotland-based oilfield services and engineering consulting firm - Inks 10-year contract with NextDecade to deliver maintenance solutions at Rio Grande LNG, a "major" natural gas liquefaction and export facility under development near Brownsville, Texas. "Wood will provide comprehensive maintenance services to support safe, reliable operations at the approximately 1,000-acre site. NextDecade expects the liquefaction and export facility will deliver secure and affordable energy through the safe and efficient development and operation of natural gas liquefaction capacity," John Wood says. Read More
(Alliance News) - Hargreaves Services PLC on Thursday said profit has risen across all three segments in the first half of the financial year leaving it confident of meeting full-year expectations. Read More
(Alliance News) - PZ Cussons PLC on Thursday said it will retain its Africa business after a strategic review, concluding that offers received for the division did not reflect its value, and instead set out plans to grow the unit while tightening financial guardrails to reduce currency and operational risks. Read More
(Alliance News) - S&U PLC on Thursday said the turnaround in its fortunes continues apace with both its Advantage and Aspen businesses delivering improved performances. Read More
(Alliance News) - Pacific Assets Trust PLC on Thursday said it has formally launched a strategic review following a shareholder consultation. Read More
(Alliance News) - Bridgepoint Group PLC has injected millions of pounds of new funding into Burger King UK as part of a new funding deal, Sky News reported on Thursday. Read More
(Alliance News) - ACG Metals Ltd on Thursday said it does not plan to make an offer for fellow London-listing Anglo Asian Mining PLC, seeing little opportunity for "value creation" from a deal. Read More
(Alliance News) - Avon Technologies PLC on Thursday said it had received a new order for FM50 respirators and FM61EU filters from an undisclosed European defence ministry. Read More
Zegona Communications PLC - London-based investor in European telecommunications and media - Provides details of its plan to pay a EUR1.4 billion special dividend to return most of the EUR1.8 billion in proceeds from the completion of Vodafone Spain's fibre joint venture with MasOrange, partly owned by France's Orange SA, and with Singapore state investor GIC. The special dividend equates to EUR1.8632 per share. It will be paid on January 7 with an ex-dividend date of December 18. The dividend payment will settle EUR975 million in Vodafone financing in full, with the remainder going to Zegona shareholders. This will allow Zegona to cancel 523 million Zegona shares, reducing its share total by 69% to 236 million from 759 million. Zegona also plans a EUR200 million share buyback, starting in January. Read More
(Alliance News) - Stock prices in London were higher near midday on Thursday, although the Federal Reserve's rate cut did not spark a substantial rally in the US or Europe. Read More
Workspace Group PLC - London-based flexible workspace provider - Exchanges on disposal of two 'lower-conviction' London properties for a total of GBP11.8 million, in line with their September valuation and at a net initial yield of 5.7%. The buildings being sold are Peer House, a 10,000 square foot office near Gray's Inn Road in Holborn, central London, and Blocks A and B of Parkhall Business Centre in Dulwich, south London. This comprises 23,000 square feet of light industrial and office space. Read More