11th Dec 2025 16:32
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
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Distil PLC - London-based owner of premium alcoholic drinks brands such as RedLeg Spiced Rum, Blackwoods Gin and Gem Diva - The US Alcohol & Tobacco Trade & Tax Bureau receives approval for sale of Blavod Original Black Vodka, following a "lengthy process" which coincided with the government shutdown stateside. Distil adds: "The brand can now be prepared to ship for sales in the US market. Distil is working with Aiko, to ensure that the process of getting product landed is as smooth as possible, and that marketing plans are in place to ensure that the brand is supported." In addition, Distil picks CJ Hendriks as its new warehousing and logistics partner to service customers in the EU. "Following Brexit, Covid, and the war in Ukraine, import/export paperwork and logistics costs have significantly impacted small UK companies' abilities to make product available in the EU. By ensuring that a small volume of key lines in the Distil portfolio are stored in the EU, Distil will be able to provide a better, more cost-effective service to its European distribution partners, making it easier to access brands in market," it explains. CJ Hendriks is based in Amsterdam. Finally, it reports that Ardgowan has announced four new releases in its Clydebuilt range of whisky, among these include three Single Cask bottlings. "The company has demonstrated its continued commitment to the distillery through the investment of GBP5 million in 2025 into maturing whisky stocks, with a further GBP4 million planned in 2026," Distil explains. Back in 2021, Distil invested GBP3 million in Ardgowan through a convertible loan note. The loan earns Distil an annual coupon of 6.5%. On conversion, it would give Distil just shy of an 11% stake.
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RC365 Holding PLC - payment solutions and fintech company operating primarily in east and southeast Asia - Pretax loss in six months to September 30 narrows to HKD4.1 million, around GBP392,174, from HKD7.4 million a year prior. Revenue rises to HKD11.9 million from HKD6.1 million. "During the six-month period ended 30 September 2025 we continued to deliver a solid result, advancing our strategy to broaden the Group's services and expand our presence across Asia. Card issuance continued to grow, with total active RC365 Asset Link Credit Cards reaching 1,687, and our customer base in Japan more than doubled during the period," Chief Executive Officer Chi Kit Law says. "The acquisition of HC Capital and the accompanying Money Lenders Licence mark an important step towards offering credit products and developing our virtual banking capabilities. We also progressed the RC3.0 App, which will introduce enhanced functionality and strengthen our overall platform once launched."
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Geo Exploration Ltd - oil and gas exploration company focused on Africa, Australia and the Mediterranean - Says key conditions for acquisition of exploration licence E08/3737 have been satisfied. Geo says final administrative steps are underway. Geo notes a review historical data is complete and it confirms "gold occurrences across approximately 5km of strike". Geo says there is "strong potential for a significant bedrock gold discovery".
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East Star Resources PLC - Kazakhstan-focused copper and gold explorer - Is set to establish a joint-venture with Hong Kong Xinhai Mining Services Ltd. Engineering and contracting company Xinhai will farm in, in five stages, for up to 70% of the Verkhuba copper asset. The JV will take Verkhuba into production. "Xinhai's estimated investment for the feasibility study and mine and plant construction costs is approximately USD65 million," East Star explains. "With positive results from a feasibility study, no further funding is required for East Star to become a copper producer."
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Schroder BSC Social Impact Trust PLC - investor aiming to have "positive social impact" - Schroder BSC Social Impact says it will "assess the merits" of its future options. One of the options could include a "recommendation to shareholders for a managed wind-down". A consultation process has been taking place since July. "Shareholder feedback has been diverse, with a majority of holders indicating continued interest in the company's unique social impact portfolio, while others have expressed a preference for a return of capital or nearer term liquidity. The board will independently assess the merits of any option from the perspective of all shareholders, seeking an outcome that balances these diverse preferences," the firm adds. Its manager Better Society Capital has been instructed to continue not making any new investments that would extend the maturity of the portfolio.
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Gelion PLC - London-based battery energy storage systems firm - UK unit OXLiD Ltd has changed its name to Gelion Europe Ltd. The change is effective immediately. The aim of the change is to "consolidate the brand of the Gelion Group for its global partners, stakeholders and the industry" and represent the firm's growing European operations.
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Partners Group Private Equity Ltd - investment company managed by Partners Group AG that backs private equity direct investments - Partners Group Private Equity says its net asset value rises 0.5% to EUR14.15 in October. "PGPE Ltd received distributions of EUR89.0 million during the month, the majority of which stemmed from PCI Pharma Services and Techem," it adds.
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By Eric Cunha, Alliance News news editor
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Rc365 HoldingGEO Exploration LimitedDistilSchroder Bsc S.East Star ResoPartners Grp E