Europa Oil shares dive as loss widens amid big exploration costs
(Alliance News) - Europa Oil & Gas Holdings PLC on Monday said 2025 will be an exciting period for the company as it reported a widened loss due to higher exploration costs. Read More
(Alliance News) - Europa Oil & Gas Holdings PLC on Monday said 2025 will be an exciting period for the company as it reported a widened loss due to higher exploration costs. Read More
(Alliance News) - Tlou Energy Ltd on Monday revealed it is set to delist from London's AIM market following its failure to deliver "sufficient value". Read More
(Alliance News) - Emmerson PLC on Monday said no further progress can be made on its Khemisset project, as a negative regulatory recommendation puts the company's balance sheet under pressure. Read More
(Alliance News) - The GBP2 bus fare cap will be replaced by a new GBP3 cap until the end of 2025 at this week's budget, the UK prime minister has confirmed. Read More
(Alliance News) - Mining company Rio Tinto PLC confirmed on Monday the death of an employee of a contracting company working on the Simandou mining project in Morebaya, Guinea. Read More
(Alliance News) - Local services to "get Britain working" will get a GBP240 million funding boost in the budget, the prime minister has said. Read More
(Alliance News) - SRT Marine Systems PLC on Monday said it had agreed a GBP31 million investment and finance support package from existing investor Ocean Infinity. Read More
Ondo InsurTech PLC - London-based claim prevention technology firm for home insurers - Increases production capacity at its UK contract manufacturing facility to accommodate "significant increasing demand" for LeakBot, the company's patented self-install solution that connects to homes using wireless networks to detect leaks. It will add a second production line at its manufacturing partner, Asteelflash, in Bedford, England, which will increase the business' production capacity to 40,000 units per month from its current level of 10,000 units per month. Read More
Selkirk Group PLC - London-based acquisition vehicle focused on consumer, technology and digital media sectors in the UK - Selkirk expects its initial public offering on AIM in London will take place early next month, having originally planned it for October. The company is currently half owned by London Main Market-listed investor Kelso Group Holdings PLC and half by fund controlled by Belerion Capital. Selkirk hopes to raise GBP7.5 million in the IPO, which will be led by Zeus Capital Ltd as nominated adviser and broker. Once listed, it aims to buy a company with an enterprise value of between GBP30 million and GBP1 billion in a reverse takeover. Read More
Nanoco Group PLC - Runcorn, England-based manufacturer of cadmium-free quantum dots and other nanomaterials - Receives requisition from 5.6% shareholder Milkwood Fund demanding a general meeting. Milkwood want shareholders to vote on resolutions to add Rhys Summerton and Andre Tonkin to the Nanoco board as directors. Summerton is a director of Milkwood and Tonkin is an employee. Read More
(Alliance News) - Kromek PLC on Monday said its annual loss narrowed its most recent financial year, following a reduction in expenses and a growth in demand for products amid ongoing geopolitical instability. Read More
(Alliance News) - London's FTSE 100 held modest losses around midday on Monday as a sharp fall in the oil price pegged back energy firms, BP and Shell. Read More