23rd Jun 2026 13:16
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
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Journeo PLC - Leicestershire-based transport system services provider - Journeo receives orders totalling GBP1.3 million to provide on-board bus safety systems and software services for bus operator Metroline Manchester. "Journeo will provide its latest digital CCTV systems, together with its digital wing mirror technology, for installation on new Wrightbus Electroliner vehicles entering service within Metroline Manchester's fleet later this year," Journeo says. "Each vehicle will be equipped with a Journeo Edge gateway, providing secure connectivity to cloud-based services through the Journeo Portal. This technology-agnostic platform enables authorised users to remotely access and securely share video evidence for incident investigation, while also providing engineering teams with system health monitoring and diagnostic capabilities to support fleet availability."
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EnSilica PLC - Oxford, England-based computer chip maker - Expects "record results" for the year ended May 31. It predicts earnings before interest, tax, depreciation and amortisation of GBP4.7 million, after breaking even in financial 2025. Revenue growth of 51% to GBP27.5 million from GBP18.2 million is expected. Revenue is just shy of its GBP28 million to GBP30 million guidance range, with Ebitda topping its GBP3.5 million to GBP4.5 million view. "FY26 has been a very successful year for the group as it continues in its transition to being a fabless semiconductor company. As these results show, we believe the business has moved to the next stage in becoming a leading, scalable platform in chip design and manufacturing within our specialist high-growth markets, especially the rapidly expanding space and communications sector," Chief Executive Officer Ian Lankshear says. "With the excellent contract conversion we enjoyed during FY26, the success of our model is increasingly evident, now with 3 chips poised to boost revenues by moving into supply production over the next 18 months. Moreover, the 50% increase in our lifetime supply revenues and new business pipeline to USD375 million and USD600 million respectively is an indication of the future trajectory of the business and EnSilica's ability to achieve its ambition of becoming a global leader in chip design and manufacture." For financial 2027, it expects revenue between GBP32 million and GBP34 million, with Ebitda between GBP5.5 million and GBP6.5 million. It adds: "Demand for EnSilica's specialist expertise remains strong across its Space & Communications, Industrial and Automotive markets. With strong revenue visibility, an expanding production portfolio, growing semiconductor supply revenues and record levels of long-term supply opportunities, the board remains confident in the group's growth trajectory and future profitability."
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Hardide PLC - Bicester, England-based surface treatment technology firm - It calls a general meeting to approve a proposed cancellation of both the share premium account and a separate capitalised non-statutory reserve. "The reduction is proposed to be undertaken in order to generate approximately GBP3.2 million of distributable reserves," Hardide says. The distributable reserves will enable Hardide to "satisfy the exercise of executive share option awards" and make "other distributions to shareholders in the future". Nonetheless, it adds it does not plan "to recommend the payment of dividends for the time being". The general meeting is expected to be held on July 21.
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Hercules PLC - Cirencester, England-based labour supply company for the UK infrastructure and construction sectors - Notes that acquired firms are "performing as hoped", despite "some delays in the commencement of some key projects across the business". "We are confident that we are well positioned for the future, with a clear plan, a talented team together and a robust and more durable business platform in place," Non-Executive Chair Henry Pitman says at an annual general meeting. "Our increased scale has been achieved organically, and through a series of targeted M&A activities, which has required us to invest in new IT infrastructure, systems and controls over the past 12 months and into H1 2026. While not without its challenges, we are pleased with the progress made on this front and are confident that we have a stronger framework from which to drive future growth and operational efficiency."
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BP Marsh & Partners PLC - invests in early stage and small to medium-sized financial services intermediary businesses, particularly in the insurance sector - Receives second tranche of deferred consideration of GBP5.1 million connected to sale of Aspira Corporate Solutions Ltd. "BP Marsh has received total proceeds of GBP14.3 million from the sale of Aspira to date, comprising GBP3.3 million in loan repayments and GBP11 million in deferred consideration," it adds. It sold Aspira to Titan Wealth Holdings Ltd in April 2024. The next tranche is due in 2027.
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Griffin Mining Ltd - mining investor focused on China - It buys back 3.3 million shares at 318 pence each, GBP10.5 million in total, through a reverse accelerated bookbuild.
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Taylor Maritime Ltd - Guernsey, England-registered dry bulk shipping investor - Taylor Maritime sells a vessel to generate net proceeds of USD11.4 million. "In addition, the company has agreed terms for the sale of its 50% share in a joint venture owning one vessel, generating net proceeds of USD16.6 million," it adds. In addition, it plans a third capital return worth at least USD45 million next month, through a partial compulsory redemption of ordinary shares. "This would bring the total capital returned to shareholders since the start of the managed realisation process to USD218.4 million. Details, including the total redemption amount, redemption price, timetable and other terms are expected to be announced by the company in July 2026," the firm says.
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By Eric Cunha, Alliance News news editor
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Hercules PlcTaylor MaritimTaylor MaritimJourneoEnsilicaB.p MarshHardideGriffin Mining