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TRADING UPDATES: Connecting Excellence launches bitcoin bond programme

5th Jan 2026 21:39

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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Astrid Intelligence PLC - London-based company specialising in artificial intelligence, formerly known as Cel AI PLC - Provides an operational update following recent board appointments and the expansion of its activities within the Bittensor ecosystem. Astrid says it has recently entered into a number of bilateral arrangements with subnet operators across the Bittensor ecosystem designed to secure long-term participation rights, support subnet development and enable Astrid to operate validators and other protocol-level infrastructure across multiple networks. In parallel with subnet ownership, Astrid is expanding its role as a network operator through validator operations across multiple Bittensor subnets. Astrid says it is transitioning from strategic repositioning into a phase of execution and infrastructure-led growth. "Supported by a robust financial position, we have clear plans to grow our operations across the Bittensor ecosystem with the aim of building a scalable and revenue-generating infrastructure," says Chief Strategy Officer Siam Kidd.

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Blue Star Capital PLC - Investor focused on blockchain, e-sports, and payments - Provides update relating to SatoshiPay Ltd, its investee company, and the performance of its digital asset treasury. Says digital asset value is EUR873,324 on December 30, down 24% since August 27, 2025. Despite the reduction in the portfolio's spot valuation, says treasury generates positive yield over the period, including returns generated from decentralised finance liquidity provisioning, including activity associated with Vortex. "The company is encouraged by the Treasury's yield generation to date. SatoshiPay remains focused on monitoring both portfolio valuation and yield generation and views the Treasury management as an important part of its strategy to optimise returns from digital assets," Blue Star says.

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Connecting Excellence Group PLC - Leeds-based international executive recruitment firm with a bitcoin treasury policy - Announces the launch of its 2026 bitcoin-denominated convertible bond programme as a key post-initial public offer capital-raising tool. The first XCE bitcoin bond issued on December 31 for 10 bitcoin, has been signed by a number of institutional investors, including strategic investor Adam Back, who will all have the right to participate in future tranches. Receipt of the 10 bitcoin is expected mid-January 2026. Connecting Excellence says it plans to issue further tranches with aligned investors.

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Idox PLC - Woking, Surrey-based software company focuses on government services - Long Path Partners, the privately-owned investment firm based in Stamford, Connecticut, plans to implement acquisition of Idox via takeover offer rather than scheme of arrangement. Idox explains that the business to be dealt with at the court meeting and the general meeting relating to the scheme is now rendered redundant and advises shareholders to not attend either meeting scheduled for Tuesday. The terms and conditions of the acquisition, announced in October, remain unchanged.

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Auction Technology Group PLC - London-based auction market operator - Fitzwalter Capital Ltd comments after ATG discloses it has rejected 11 bid approaches from the London-based private investment firm. ATG says the proposals, the last of which values it at 360 pence per share, "fundamentally undervalue" the company. Fitzwalter Capital says ATG has "consistently refused to engage constructively with FitzWalter, including refusing to provide access to diligence." FitzWalter claims ATG during 2025, destroyed value by acquiring Chairish and allowing cost driven margin declines.

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Premier African Minerals Ltd - developer of RHA tungsten and Zulu lithium projects in Zimbabwe - Reaches agreement with Canmax Technologies Co Ltd to extend the long stop date as an amendment to the restated offtake and prepayment agreement originally entered into in August 2023 and subsequently amended in December 2024 and April 2025 in respect of the Zulu Lithium and Tantalum project. Graham Hill, managing director, says: "We are grateful for Canmax's continued support and collaboration, and the revised long stop date provides welcome clarity as we work together towards a successful outcome at Zulu." The long stop date extends to June 30, 2026 from the end of 2025 with all other terms unchanged.

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PRS REIT PLC - Manchester, England-based real estate investment trust - General meeting of shareholders approves motion required to place the company into members' voluntary liquidation. As a result, Gareth Rutt Morris and Jonathan Dunn, of FRP Advisory Trading Ltd have been appointed with immediate effect. The liquidators are targeting distributing substantially all of the company's net assets to shareholders as soon as practicable. Geeta Nanda, Steffan Francis, Roderick MacRae, Robert Naylor and Christopher Mills have resigned as directors with immediate effect.

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By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


Related Shares:

Blue StarIdox GroupAuction Technology GroupPremier African Minerals
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