Thungela Resources Ltd - South Africa-based thermal coal exporter - Corporate Affairs Executive Mpumi Sithole disposes of 25,000 shares at an average ZAR87.20, worth ZAR2.2 million, on Friday last week. Read More
Supermarket Income REIT PLC - London-based real estate investment trust for property leased to grocery retailers - Says shareholders have approved the transfer of its listing at a general meeting held on Tuesday. Supermarket Income is moving its listing from the closed-ended investment funds class to the equity shares one. Believes that equity shares category is more suited to a UK real estate investment trust with an internalised management structure. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Atlas Metals Group PLC on Tuesday said it has signed a non-binding letter of intent for the reverse takeover of Universal Pozzolanic Silica Alumina Ltd. Read More
(Alliance News) - Quadrise PLC on Tuesday said it has signed a joint development agreement with South Carolina-based renewable fuel technology firm Alder Energy LLC. Read More
(Alliance News) - Britain's auto sector on Tuesday welcomed news that the US and UK have agreed to implement key parts of their tariff-cutting trade deal, as levies on steel remain. Read More
Good Life Plus PLC - London-based luxury prize draw and rewards provider - Raises GBP750,000 from a cornerstone investor through subscription to new convertible loan notes. Says it is issuing up to 1.5 million notes of 100 pence each, and private investment vehicle Boatside Investments Ltd has subscribed for half of this amount. Notes that Boatside is associated with Sportingbet PLC founder Mark Blandford. Says the notes remain open for investment until June 10, 2026. The loan notes expire on June 30, 2028, and carry a 10% coupon which will accrue until maturity, at which point they will either be repaid or convert into new shares at 2.15 pence each. Also, the notes automatically convert if Good Life Plus conducts a qualifying fundraise defined as an equity raise of GBP1 million or above, "to the extent that the aggregate holdings associated with Mark Blandford and his related parties remain below 30%". Shares would then be either equal to the fundraise price or 2.15p, whichever is lower. Read More
Sundae Bar PLC - London-based AI agent platform, formerly known as Kondor AI - Announces a partnership with TAO Strategies Ltd on "a strategic marketing initiative leveraging the Bittensor network". Says it plans to reward AI agent developers based on the commercial performance metrics of agents hosted on the sundae_bar platform, creating a targeted alternative to convential user acquisition methods. The initiative will focus on attracting high-quality AI agents and developers to sundae_bar to add value for enterprise buyers. "This reward system is designed to ensure marketing investment directly correlates with expanding the supply side of the marketplace," sundae_bar says. Adds that "Bittensor represents a generational shift towards an open, borderless [AI] ecosystem". Read More
(Alliance News) - Karelian Diamond Resources PLC on Tuesday said it has identified a new copper prospect with "enhanced" potential. Read More
(Alliance News) - The UK on Tuesday tightened its sanctions on Russia's so-called shadow fleet, slapping bans on 20 more ships and blacklisting 10 other people or bodies involved in energy and shipping. Read More
(Alliance News) - Evoke PLC's gambling firm William Hill has been ordered to pay a former executive almost GBP70,000 after an employment tribunal ruled he had been unfairly dismissed over allegations of sexual harassment following a flawed internal investigation. Read More
(Alliance News) - Strategic Minerals PLC on Tuesday reported a swing to profit during 2024, as revenue tripled and earnings compared to a one-off impairment charge in 2023. Read More