Syncona says positioned for biotech growth after net asset value fall
(Alliance News) - Syncona Ltd on Thursday reported a fall in its net asset value but said it is well-positioned to deliver value as market conditions in biotech improve. Read More
(Alliance News) - Syncona Ltd on Thursday reported a fall in its net asset value but said it is well-positioned to deliver value as market conditions in biotech improve. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Shawbrook Group PLC on Thursday set out mid-term targets as it reported growth in loans and deposits in the first nine months of 2025. Read More
(Alliance News) - Rightmove PLC on Thursday said it has received notice of a potential legal claim against it, confirming press reports. Read More
Asos PLC - London-based online-only fashion retailer - Refinances its asset-backed loan facility into a secured term loan and delayed-draw term loan, working with a new syndicate of private lenders. Asos says the new facility provides GBP87.5 million in additional liquidity headroom. This comes from the GBP87.5 million DDTL, which is in addition to a secured term loan of GBP150 million. They replace a GBP75 million revolving credit facility and GBP50 million in accordion facilities, neither of which had any availability left. The new facilities have a five-year commitment until November 2030, whereas the previous loans were due in 2027. Read More
(Alliance News) - Worldwide Healthcare Trust PLC on Thursday said it was "confident" after beating its benchmark in the first half of its financial year, but said its final dividend will likely be lower on-year. Read More
(Alliance News) - Stock prices in London were lower at midday on Thursday, with the FTSE 100 lagging behind its European peers as weak corporate updates and ex-dividend shares offset gains elsewhere. Read More
(Alliance News) - Galliford Try Holdings PLC on Thursday said it is trading in line with the company's full-year expectations as it reported early first-half gains. Read More
(Alliance News) - Alfa Financial Software Holdings PLC on Thursday raised its operating margin and profit expectations as it reported increased revenue for the third quarter. Read More
Partners Group Private Equity Ltd - investment company managed by Partners Group AG that backs private equity direct investments - Completes early renewal of revolving credit facility that had been due to expire in exactly a year's time. The new facility is provided by Lloyds Bank Corporate Markets PLC, part of Lloyds Banking Group PLC, and ING Bank NV, part of ING Group NV, and has a four-year term to November 2029. The size of the facility has been increased to EUR150 million from EUR140 million to allow for greater working capital headroom, Partners Group PE says, and the financial terms have been improved. The commitment fee on the facility is 80 basis points per annum, down from 100 points, and the margin on drawn amounts is 270 basis points, down from 295 to 325 points. Read More
(Alliance News) - Grafton Group PLC on Thursday noted some softening in activity levels from earlier in the year but said it was on track to deliver adjusted operating profit growth in line with an analysts' forecast. Read More
(Alliance News) - Premier Foods PLC on Thursday reported increased earnings for the first half of the financial year, and said it expects branded revenue growth to build in the second half. Read More
(Alliance News) - Atalaya Mining Copper SA on Thursday maintained its full-year production target as it reported increased third-quarter profit and revenue. Read More
(Alliance News) - Kier Group PLC on Thursday said it is trading in line with expectations, thanks to a "high quality and profitable order book". Read More
(Alliance News) - QinetiQ Group PLC on Thursday highlighted a record order backlog, and an operational performance in line with market expectations, despite tough trading conditions in the first half of its financial year. Read More