12th Aug 2025 21:48
(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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Visum Technologies PLC - London-based provider of video technology for the leisure sector - announces a strategic expansion into the property technology sector by developing a fully customisable workspace app tailored specifically for tech-focused workspaces. Explains this is a "significant step" as the company pursues new markets and broadens its client base. Visum has identified strategic real estate partners who will be part of the development of the first working prototype, which Visum believes will be available during the first quarter of calendar 2026. In addition, enters into an exclusive global license agreement with Eyecon Imaging Ltd for the use of Visum's Ride Video technology within the attractions and leisure sector. Under the deal, Eyecon will assume certain liabilities from Visum, "significantly improving" Visum's financial position and enabling it to focus resources on core growth initiatives. The strategic debt transfer places Visum in a stronger operational and capital structure position, while allowing Eyecon to concentrate on expanding its footprint in the attractions market with cutting-edge imaging solutions, Visum says. Eyecon will manage key existing client contracts in the attractions sector, ensuring a seamless transition for customers and uninterrupted service.
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Mobile Streams PLC - London-based mobile gaming content provider - Announces it is working towards completion of the reverse takeover and there is to be an all-parties series of meetings in Mexico City with the company's advisors and partners in the week commencing August 25. In addition, says it has engaged a gaming consultancy in filing for a gaming licence in a range of global territories on behalf of its wholly owned platform mobilegaming.com, which will allow the platform to migrate from a casual game platform to provision of gaming services.
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Milton Capital PLC - Special purpose acquisition company seeking opportunities in the energy sector - Raises GBP149,500 via a direct subscription with the company and a placing via its broker Peterhouse Capital Ltd, through the issue of 29.9 million shares at GBP0.005 each with new and existing investors.
Investors will receive one warrant for each new ordinary share subscribed for. Proceeds will be used for general working capital.
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Watkin Jones PLC - student accommodation developer and manager - Confirms it has signed a development partnership to deliver around 200 purpose-built student accommodation units in Bristol. The transaction is expected to deliver revenue in excess of GBP28 million over the development period, with construction scheduled to complete ahead of the 2027 academic year. Chief Executive Alex Pease says: "This project demonstrates our ability to implement our strategy to diversify our revenue streams. Whilst the market remains challenging, with constrained liquidity for new development, we are encouraged by the continued desire from institutional investors to partner with Watkin Jones to leverage our proven expertise in residential development and construction. We look forward to the successful delivery of this project."
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Harena Resources PLC - rare earths exploration and development company focused on the Ampasindava ionic clay rare earth project in Madagascar - Raises a further GBP180,000 through an oversubscribed subscription of 12.1 million shares at 1.5 pence per share with institutional and professional investors. This follows a placing announced last week. In total, placing and subscription raises just over GBP1.2 million.
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Concurrent Technologies PLC - Colchester, England-based designer and manufacturer of computer products for use in critical embedded applications - Announces the launch of Apollo, a compact and powerful computer system, designed to deliver "real-time processing in demanding conditions." Explains Apollo has been built for environments where significant amounts of data need to be managed in small spaces whilst being rapidly deployable. Chief Revenue Officer Brent Salgat says: "We are confident that this system will fulfil a need that is currently not well serviced in the market." Adds: "Given the growing need for pace, agility, and real time responses in rapidly evolving conditions, we are confident that Apollo is aligned with current and future customer needs, and we are encouraged by the early interest."
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By Jeremy Cutler, Alliance News reporter
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Related Shares:
Vitesse Media PLCMobile StreamsMilton CapitalWatkin JonesHarena ResourcesConcurrent Technologies