14th Apr 2026 20:27
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
----------
Block Energy PLC - Georgia-focused oil and gas company - Signs framework agreement with Zhijiang Sanning Energy Co Ltd, under which Sanning will acquire a 51% stake in Block's Project III. Block will retain 100% ownership of Projects I, II, IV and its carbon capture and storage assets. In exchange, Sanning commits to carry Block on all capital and operating costs, currently estimated at USD13 million, for the appraisal of the Patardzueli-Samgori field. Additionally, subject to successful appraisal results and triggering conditions to be set out, Sanning shall carry Block on all costs of procuring and installing an early gas processing facility and associated pipeline infrastructure, up to an additional estimated commitment of USD12 million. Further, Sanning may carry an optional work programme for the appraisal of the Rustavi and Teleti fields. If it proceeds, Sanning shall carry Block through appraisal, including drilling two new deviated appraisal wells targeting the Lower Eocene and/or Upper Cretaceous horizons; and installing associated facilities where required. "The scope, sequencing and cost allocation may be adjusted by mutual agreement," Block says. Sanning also has the option to participate in and carry Block on drilling and production facilities across Rustavi and Teleti fields, currently estimated at USD50 million. The parties intend to finalise a farmout agreement, an assignment agreement and a joint operating agreement in the second half 2026. "The board believes the transaction represents a major milestone for Block, securing substantial third-party capital for the appraisal of Project III, and offering significant upside for shareholders," Block adds.
----------
SRT Marine Systems PLC - Bath, England-based provider of maritime domain awareness systems - Conditionally raises GBP16.0 million gross through a placing of 17.7 million placing shares and 1.9 million subscription shares, at an issue price of 82 pence each. Also, announces a retail offer of 1.2 million shares at the issue price to raise up to GBP1.0 million gross. The retail offer is due to close at 12:00 BST on April 15. Assuming full uptake of the retail offer, the gross proceeds of the fundraising are expected to be up to approximately GBP17.0 million, with a total of 20.7 million new shares issued. This represents approximately 7.61% of SRT's enlarged share capital.
----------
Eco Animal Health Group PLC - London-based animal health firm - Appoints Andrew Winder as head of business development, effective May 11. Winder most recently served as strategic business development lead at veterinary pharmaceuticals provider Norbrook Laboratories Ltd. Chief Executive Officer David Hallas says: "We are delighted to welcome Andrew to ECO. His strategic vision, proven ability to negotiate complex agreements and deep understanding of the animal health landscape make him a valuable addition to our team. As we advance our R&D pipeline and expand our commercial footprint, Andrew's expertise in portfolio management and strategic partnerships will be instrumental in driving our next phase of growth."
----------
Finseta PLC - London-based currency exchange and payments provider - Raises GBP900,000 gross from certain new and existing investors via a placing of 8.4 million shares and a subscription for 1.7 million shares, both at an issue price of 8.5 pence each. The company intends to raise up to a further GBP100,000 by way of a retail offer. Additionally, provides a trading update. Says customer acquisition "has continued to grow in the first part of 2026, positioning the group to increase revenue conversion in the coming periods." Adds that it is benefiting from the trend of increased corporate customers versus high-net-worth individuals active customers. "While corporate clients have longer sales cycles, they typically transact more regularly, providing greater revenue recurrence," Finseta notes. Says investment in alternative banking is "showing promise". The Dubai operation "has seen a significant like-for-like uplift" in the first months of 2026 compared to a year ago. Says it remains confident in the long-term prospects of the Middle East market despite the ongoing war, as majority of the its business and the sales team's focus is on more resilient business-to-business international payments flows that transact via Dubai.
----------
Ariana Resources PLC - mineral exploration, development and production company with gold project interests in Africa and Europe - Non-Executive Deputy Chair Michael Atkins assumes the role of non-executive chair, effective immediately. Chair Michael de Villiers will take on the role of deputy chair, whilst continuing his duties as company secretary. Managing Director Kerim Sener says: "I am delighted that Michael Atkins, who has been a Deputy Chairman since the company's admission to ASX in 2025, has accepted the role of non-executive chairman. With a wealth of experience as a company chairman in the resources sector and a proven track record in corporate development, Michael's appointment signifies the commencement of the company-wide transformation process currently underway, positioning it for future growth and success with our flagship Dokwe Gold Project."
----------
Directa Plus PLC - graphene product maker based in Lomazzo, Italy - Says its funding facility announced in March "is not capable of being progressed with the institutional investor at this time. Further announcements will be made as appropriate." Directa announced on Monday that trading of its shares on AIM has been suspended with immediate effect. If no additional funding for the company is secured, directors said they are likely to place the company into administration. Directa's Italian subsidiary has requested liquidation, which they anticipate to be completed in late April. The Italian subsidiary will continue to operate until that time.
----------
Connecting Excellence Group PLC - Leeds-based international executive recruitment company - Spencer Riley Ltd, its flagship executive recruitment business, has received payment in Bitcoin for the provision of executive recruitment services. Receives 0.516 BTC worth a total of GBP27,472.50. Company says: "The directors believe that this is the first time a UK-listed recruitment business has invoiced and settled recruitment service fees in Bitcoin. The Bitcoin received has been retained directly in the Group's treasury and will not be converted to fiat currency, in line with XCE's stated strategy of accumulating Bitcoin on its balance sheet. The receipt of Bitcoin as direct payment for recruitment services represents a tangible demonstration of XCE's integrated dual strategy: with Spencer Riley, the group's flagship executive recruitment business generating Bitcoin directly onto the group's balance sheet, increasing BTC per share, without the deployment of capital or the issuance of new equity."
----------
Oberon Investments Group PLC - London-based investment management, wealth planning and corporate broking group - Expects to report like-for-like revenue growth of over GBP11.7 million, for the year to March 31, up 25% from GBP9.4 million a year ago. It sees assets under administration of over GBP1.4 billion as at April 14. "Performance has been strong across the group, with all operating divisions delivering growth and trading above management expectations, whilst the group continues to benefit from the strength and diversity of its business model," Oberon says. Adds: "Looking ahead, the board expects continued strong growth through 2026 and beyond, with the Group targeting revenue growth in excess of 20% in the next financial year to more than GBP14 million, supported by organic growth across all divisions and increasing operational leverage across the platform. It is anticipated that the group will reach breakeven on a monthly basis before the end of this current financial year, driven not only by ever increasing revenues, but through the benefits of cost efficiencies, restructuring and operational gearing instituted at the end of the last financial year."
----------
Abingdon Health PLC - York, England-based life science firm providing rapid diagnostic tests - Ordinary shares will begin trading from April 21 on the OTCQB Venture Market in the US under the ticker symbol ABDXF. Chair Chris Hand says: "Having seen our physical footprint and customer portfolio grow in the US following the establishment and expansion of our facility in Madison, Wisconsin, we believe that Abingdon Health is becoming increasingly relevant to US investors. This OTCQB launch will not only make our shares accessible to investors in the US - the largest lateral flow and med-tech market in the world with significant areas of unmet need - but also increase liquidity and benefit our investors on AIM. We look forward to meeting and engaging with our new US investors soon."
----------
Ajax Resources PLC - natural resources investment company focused on South America - Formally submits an environmental impact assessment for the Macacha Copper and Silver Project located in the Province of Salta, northern Argentina. The company expects formal approval of the EIA within 60 to 90 days. Following approval, Ajax will begin an exploration programme comprising up to 5,000 metres of drilling, designed to expand the existing near-surface oxide resource and to test the deeper, previously untested, copper sulphide horizon.
----------
By Aidan Lane, Alliance News reporter
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
Block Energy P.Srt Marine Sys.Eco AnimalFinsetaArianaDirecta PlusAbingdon Healt.Ajax Resources