(Alliance News) - Stock prices in London opened lower on Wednesday as renewed military escalation between the US and Iran lifted oil prices and unsettled investors, outweighing gains for energy stocks. Read More
(Alliance News) - UK Prime Minister Keir Starmer urged leaders to show "unity and strength" at the start of a Nato summit already overshadowed once again by Donald Trump. Read More
(Alliance News) - IG Group proposes a new Jersey holding company while retaining its London listing, Vistry backs full-year profit guidance despite a first-half loss and the departure of its chief financial officer, and Jet2 launches a GBP250 million share buyback after reporting record annual revenue despite lower pretax profit. Read More
Hammerson PLC - London-based real estate investment trust focused on city-centre shopping centres - Sells "non-core assets" for GBP69 million, including multiple holdings in central Dublin. Together with a disposal in Leeds in January, Hammerson says the new sales take total non-core divestment so far in 2026 to GBP75 million, which it says is at a premium to book value. The central Dublin holdings are sold to Transport Infrastructure Ireland for use for the Irish capital's planned Metrolink train system, Hammerson says. The proceeds will be recycled into existing assets and new opportunities, the company says, noting it recently completed the acquisition of the remaining 50% interest in the Ilac Centre, a shopping centre in central Dublin. Read More
(Alliance News) - Nigel Farage's attempt to fight a "people versus the establishment" by-election risks falling flat, with the major UK political parties saying they will not contest the vote he has triggered. Read More
(Alliance News) - Stocks in London are set to open slightly lower on Wednesday as investors digest an escalation in the Middle East, with oil prices climbing after fresh US strikes on Iran. Read More
(Alliance News) - BHP Group Ltd workers at the Port Hedland iron ore export terminal in Western Australia will go on strike for eight hours on July 16, Bloomberg reported Wednesday. Read More
Vietnam Enterprise Investments Ltd - Ho Chi Minh City, Vietnam-based investment fund - Says its tender offer for up to 10% of issued share capital was oversubscribed. Company says 96.3 million shares were validly tendered by the July 6 deadline, representing 70% of issued shares. Of those, 73.0 million shares were tendered under the cash exit option, while 23.3 million shares were tendered under the in specie option. Company adds that the tender price will be set at a 2.5% discount to adjusted net asset value as at the July 8 calculation date. Read More
Futura Medical PLC - Guildford, England-based pharmaceutical company - Disputes the European Patent Office's decision to revoke Futura's MED3000 patent. "The company disagrees with the Opposition Division's decision, which it believes does not appropriately reflect fundamental principles of clinical research and development, and therefore intends to appeal the decision to the EPO Technical Board of Appeal," says the company. MED3000 is a topical erectile dysfunction treatment, sold under the brand name Eroxon. Futura notes that the patent protection remains in force while the appeal is pending. Furthermore, the EPO's decision does not directly affect Futura's other granted or pending patents, says the company. Read More
Enwell Energy PLC - Ukraine-focused oil and gas exploration and production company - Updates on its operational activities in Ukraine in respect of its Mekhediviska-Golotvshinska, Svyrydivske and Vasyschevskoye gas and condensate fields and Svystunivsko-Chervonolutskyi exploration licence. The MEX-GOL, SV and VAS production licences remain suspended and there was no production from those licences in the second quarter, nor at present. In general, explains that the operating environment in Ukraine remains very challenging and the company continues to be cautious and vigilant with its ongoing activities. Cash resources at June 30 are around USD89.7 million. In addition, Enwell says legal proceedings continue concerning the regulatory actions of the Ukrainian authorities. Read More
Petards Group PLC - Guildford, England-based security, communication and surveillance systems developer - Subsidiary QRO Solutions receives purchase orders totalling GBP500,000 for the provision of automatic number plate recognition equipment and support. The first order, for GBP400,000, is from an existing police force customer in the north of England and the first to be received under a previously announced four year framework contract. The second, worth GBP100,000, is for a new overseas customer and is for the supply of ANPR equipment that will form part of the Government of Gibraltar's recently announced enhanced border security measures. Both orders are scheduled to be delivered during the current financial year. Raschid Abdullah, chair, says: "We believe that these new contracts demonstrate the confidence that existing and new customers have in the ability of QRO's technologies to meet the exacting standards required for their high profile security and surveillance applications." Read More
Quadrise PLC - London-based fuel and biofuel company - Plans to raise up to GBP1.2 million via a placing and subscription at 1.0 pence per share with institutional and other investors, and a further up to GBP1.2 million via a retail offer. Proceeds will be used to progress commercial marine trials with MSC through to commercial supply, advance projects with OCP in Morocco, Valkor and industrial power projects in the Americas through commercial-scale trials and strengthen the balance sheet. As commercial milestones are delivered, Quadrise expects to be "well positioned to pursue non-dilutive funding options to support further growth, including project-level financing, technology partnerships and capital expenditure financing for additional Multifuel Manufacturing Units." Shore Capital Stockbrokers Ltd and VSA Capital Ltd are acting as joint bookrunners and placing agents in connection with the placing. "This fundraise will support our transition to commercial supply, with a clear pathway towards profitability, and strengthen the company's balance sheet," says Chief Executive Peter Borup. Read More
(Alliance News) - International Biotechnology Trust PLC on Tuesday said its portfolio company, Crinetics Pharmaceuticals Inc, entered a deal to be acquired by Vertex Pharmaceuticals Inc in a deal worth USD10 billion. Read More
Clean Power Hydrogen PLC - Doncaster, Yorkshire-based green hydrogen technology and intellectual property company - Shares are restored to trading from Tuesday morning, following its announcement on July 1 of a proposed fundraising. Firm placing element raises approximately GBP2.5 million in gross proceeds. Expects net proceeds to address its "constrained working capital position" by providing sufficient funding through to December. Says the fundraising's total net proceeds should support its new strategic direction, which is focused on "transitioning towards a capital-light model, centred on strategic partnerships, manufacturing agreements and the global licensing of its proprietary technology". Also expects them to provide sufficient working capital for at least the year ending June 2027. Read More
NeoTerra Group PLC - Africa-focused resource exploration and development, formerly named Altona Rare Earths PLC - Updates on operational progress at its Monte Muambe Project. Says metallurgical testing has so far executed 14 scout flotation tests on blended fluorspar ore samples from Monte Muambe, with product assay results pending for another five. Testing completed to date has allowed it to define a two-stage flotation pathway to reject silicates, oxides and carbonates, and thereby to produce an acid-grade fluorspar concentrate. Notes that "gallium reports to the first stage tailings, resulting in a [roughly 100%] gallium concentration increase in these tailings in relation to the run of mine." Says results substantially de-risk the proposed process flowsheet by demonstrating that fluorite and gallium-bearing minerals respond differently during flotation, showing "a practical route for integrating gallium pre-concentration into the fluorspar flowsheet." NeoTerra also says specific gallium recovery metallurgical testing is ongoing, with SGS Lakefields in Canada proceeding with hydrometallurgical extraction and expecting initial results this month, while Poland's COMEX expects results "imminently". Believes the additional work "will significantly enhance the overall value and commercial potential of the project." Read More