EARNING AND TRADING: Home REIT to sell remaining holdings by end-July
(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 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 earnings and trading updates by London-listed companies, issued on Wednesday, Tuesday and Monday and not separately reported by Alliance News: Read More
(Alliance News) - Stocks ended mixed in London on Wednesday with US rate hike worries and a decline in Primark owner Associated British Foods hitting blue-chips, while mid-caps prospered. Read More
TP ICAP Group PLC - London-based interdealer broker - Completes its acquisition of global brokerage Vantage Capital Markets. Notes that Vantage has a "significant presence in London, Hong Kong, Tokyo, and Dubai." It specialises in equity derivatives and fixed income, and serves over 800 institutional clients worldwide. Read More
(Alliance News) - Reabold Resources PLC on Wednesday announced that it has agreed to buy Union Jack Oil PLC, an onshore fuel producer in the UK and US. Read More
AO World PLC - Bolton, England-based online electrical appliances retailer - AO World starts on Wednesday the GBP10 million share buyback announced with its annual results last month. The buyback will be completed by March 31 next year. The first GBP5 million will be run by Jefferies International Ltd, part of Jefferies Financial Group Inc, and the second half by Peel Hunt LLP. The repurchased shares will be cancelled. AO World additionally confirms payment of a special dividend of 1.75 pence per share, also worth GBP10 million in total. The dividend will be paid on July 31, and shares will trade ex-dividend from July 9. Read More
Hollywood Bowl Group PLC - Hemel Hempstead, England-based ten-pin bowling operator - Hollywood Bowl starts on Wednesday the GBP5 million share buyback announced with its interim results in May. The buyback will be run by investment bankers Investec and Berenberg and will be completed by September 30. All the repurchased shares will be cancelled. Hollywood Bowl says the share buyback reflects its "highly cash generative business model and strong balance sheet", allowing the company to return excess capital while still investing to grow the business. Read More
Fevertree Drinks PLC - London-based maker of premium drink mixers - Fevertree starts the GBP30 million extension of its share buyback programme, which it had announced at its annual general meeting last month. The new GBP30 million buyback follows a buyback of the same size completed earlier in the year. It begins on Wednesday and will be completed by December 31. It will be run by Investec Bank PLC. Read More
(Alliance News) - Andy Burnham's plans to shift power from Whitehall to the regions could mean civil service job cuts in London, Cabinet minister Darren Jones said. Read More
PayPoint PLC - Welwyn Garden City, England-based payment services - Start third tranche of its share buyback programme on Wednesday. The tranche, worth GBP25 million, will be run by Investec Bank PLC and completed by March 31, 2027. The repurchased shares will be cancelled. The buyback is part of PayPoint's plan to return at least GBP30 million per year to shareholders through March 2028 to reduce its share total by at least 20%. PayPoint noted it already has returned GBP5 million in financial 2027 through buybacks, meaning the total for the year will meet its target of GBP30 million. Read More
Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Kibo Energy shares remain suspended on the AIM market in London and the Johannesburg Stock Exchange, after missing Wednesday's deadline to publish its 2025 result. Kibo says it is in "advanced negotiations" for a reverse takeover. Kibo is a cash shell and must make a reverse takeover within a timeframe set by AIM. Read More
(Alliance News) - Getty Images Holdings Inc on Wednesday announced the termination of its planned USD3.7 billion merger with Shutterstock Inc. Read More