(Alliance News) - Moonpig Group PLC on Thursday reiterated guidance for the current financial year, and set out mid-term aspirations, after reporting annual sales growth and profit ahead of expectations. Read More
(Alliance News) - Volex PLC on Thursday upped its dividend and expressed optimism around trading in its new financial year, as it posted a 45% rise in annual profit. Read More
(Alliance News) - Halfords Group PLC on Thursday reported higher annual profit and sales, beating market expectations, as margin expansion and strong growth across its motoring businesses helped offset cost pressures. Read More
(Alliance News) - Stock prices in London opened mostly lower on Thursday, ahead of US gross domestic product and other data releases, and as markets keep eyes on the latest developments in the Middle East. Read More
(Alliance News) - Advanced Medical Solutions Group PLC on Thursday said it has agreed to an all-cash takeover offer from US suitor HB Fuller Co. Read More
(Alliance News) - easyJet PLC on Thursday said it is willing to allow potential suitor Castlelake LP access to limited commercial information in order to produce a proposal that better reflects the value of the airline. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Sells two business parks and buys three self-storage development projects, as part of its strategy of "recycling non-core UK assets". Sirius sells two "sub-scale" multi-use business parks in Sheffield, England for a combined GBP5.3 million, representing a 3% premium to book value. The sale is to a single purchaser with whom Sirius has transacted in the past but whom it doesn't name. It buys three self storage projects in Leicestershire, Bedfordshire, and Merton in London, all of which are subject to planning. The site acquisition costs total about GBP12.6 million, which will be funded from the recycling of the Sheffield assets and the remaining GBP7.3 million from further disposals of non-core UK assets expected this calendar year, Sirius says. Read More
(Alliance News) - The FTSE 100 was called to open lower on Thursday, as markets wait for further news on the next US-Iran talks. Read More
(Alliance News) - Rachel Reeves says she is "backing" Andy Burnham to be the UK's next prime minister amid speculation she could be replaced as chancellor if he takes office. Read More
(Alliance News) - Stocks in London are set to open lower on Thursday, with talks between Iran and the US reportedly set to resume next week. Read More
Tharisa PLC - Cyprus-headquartered platinum miner - Secures a new ZAR750.0 million, about USD45.5 million, asset-based revolving finance facility from Nedbank Ltd to help the platinum producer transition to underground mining. Tharisa has the option to increase the facility to ZAR1.25 billion, or USD75.8 million. The new facility ensures that Tharisa's underground fleet is fully funded, it says. Read More
(Alliance News) - The UK's total vehicle output improved in May amid stronger export demand and weaker domestic demand, an industry body reported Thursday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Wednesday and not separately reported by Alliance News: Read More
Satsuma Technology PLC - London-based bitcoin treasury firm formerly known as Tao Alpha - Posts circular to investors concerning a proposed return of capital announced in May. The return was proposed by a group of shareholders and the board has been unable to reach a unanimous recommendation regarding it. Accordingly, the circular contains a recommendation from four of the directors to vote against the resolutions and a recommendation from two dissenting directors to vote for them. Since the board as a whole operates by majority decision, the recommendation is to vote against the resolutions. If approved, Satsuma Technology says it will return to shareholders the proceeds of sale of its bitcoin and cash balances, less deductions of GBP2 million for working capital and transaction and termination costs. The company will not liquidate its bitcoin unless and until the resolutions are approved. In the meantime, shares in the firm have been suspended pending publication of results. Read More