10th Nov 2026 20:33
(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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Tribal Group PLC - Sheffield, England-based educational software and services provider - Says its sale to Thames Bidco Ltd, a company controlled by funds and accounts managed or advised by Main Capital Partners, has completed. Tribal says it has received GBP225.1 million cash consideration for the sale its shares and GBP6.1 million to option holders in return for the release of their options. As anticipated, Mark Pickett, chief executive officer, and Diane McIntyre, chief financial officer, have resigned from the board with immediate effect. The board intends to return the cash proceeds to shareholders through a members' voluntary solvent liquidation of the company. The distribution will be made in the fourth quarter. "This is earlier than previously indicated and reflects current liquidation and payment planning," the firm says.
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EDX Medical Group PLC - Cambridge-based diagnostics company - Launches what it describes as the first breast cancer prognostic test in the UK capable of assessing both short and long-term risks of recurrence, extending up to 15 years. EDX Medical enters into an agreement with US-based Caris Life Sciences to supply its Caris MI Clarity test in the UK. The artificial intelligence-powered test is designed for postmenopausal patients with HR-positive/HER2-negative, node-negative early-stage breast cancer and assesses recurrence risk at the time of initial diagnosis. It combines tumour pathology images with clinical and molecular data to classify patients as being at low or high risk of recurrence over both the first five years and the subsequent five to 15 years. EDX Medical says the test has been validated using clinical data from tens of thousands of trial participants. Founder and Chief Scientific Officer Chris Evans says: "This test is a very significant step forward in terms of risk assessment and treatment planning for those patients."
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Nexteq PLC - Cambridge, England-based technology solutions provider to industrial markets - Completes the sale of a property asset in Taiwan following its acquisition in the first half of 2026. This has a positive impact on both the cash and net cash position, it says. The transaction results in a cash inflow of USD3.7 million after the repayment of related mortgage balances. Nexteq now has only USD200,000 in loan balances remaining, down from USD12.1 million as at June 30. Nexteq Taiwan team will continue to operate from the existing property, it adds. In addition, says trading conditions remain consistent with previous guidance. "In line with the traditional trading pattern of Quixant, the last two months of the year have a significant impact on full year trading, and the full focus of the business is delivering a successful 2026 outturn. Densitron continues to perform well, in line with expectations, with encouraging progress across multiple verticals," it says. Chief Executive Officer Duncan Faithfull comments: "The sale of the property in Taiwan supports our strategy to create the most effective operating model for future growth, providing greater flexibility for delivery and improving the group's cash position."
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Cooks Coffee Company Ltd - New Zealand-based coffee chain - Group system-wide store sales in the UK and Ireland increase 14% in the six months ended September 30 from the year prior. UK store sales are up 16%, with like-for-like up 1.3%. Ireland store sales grow 12%, with LFL sales up 3.4%. Rolling 12-month group system-wide store sales increase 17%, with UK sales up 17% and Ireland sales up 16%. New store openings contributed to growth, with stores opened in the last 12 months contributing 18% of UK sales and 14% of Ireland sales. The store network reaches 128 locations at September 30, with 89 in the UK, 29 in Ireland and 10 in other international markets. Executive Chair Keith Jackson says: "We have delivered a positive first half, with systemwide sales up more than 14% and like-for-like growth in both the UK and Ireland. Our new store programme continues to perform well, which shows the quality of our sites and the strength of our franchise partners. We have also bolstered our management team and regional development capabilities to support the continued expansion of the Esquires Coffee brand. Looking ahead, the anticipated opening of our first stores in India and the UAE will mark another exciting step in our international development. With this momentum, we are well placed for the second half and beyond."
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Amigo Resources PLC - Tanzania-focused gold explorer - Announce the successful production of metal ingots with gold and platinum group metals. The ingots were produced from mineral concentrates generated from the company's Tanzanian operations and weighed a total of around 16.75 kilogrammes, with contained osmium and iridium elements of 2.265%. "This represents an important technical milestone in Amigo's strategy to develop an integrated recovery process capable of producing gold and potentially recovering PGMs and other valuable metals from its mineral processing operations," the firm says. In addition to producing the Ingots, the Tanzanian operations have produced 12 tonnes of concentrate as part of their testing and commissioning of the processing plants. This concentrate will be used in the same metallurgical process to produce further ingots. Amigo says it is in discussions with prospective offtake and refining partners regarding the potential commercialisation of its PGM-bearing metal products, including what percentage of the contained metal value is realised by the company. Using the existing 12 tonnes of concentrate inventory further metallurgical trials, independent assays and mass-balance studies will be undertaken to validate recovery performance and optimise operating parameters.
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URU Metals Ltd - developer of the Zeb nickel project in South Africa - Announces that diamond drilling has commenced at the Zeb nickel project in Limpopo Province, South Africa. The initial programme comprises eight planned holes totalling around 3,850 metres, focused on the project's zone 2 nickel-copper-platinum group element mineralisation. The programme is designed to improve geological control and test the continuity of Zone 2 mineralisation. Paired holes from four drill pads are intended to test the shallower and down-dip portions of the mineralised package. The objective is to generate additional geological and assay data to support evaluation of a maiden mineral resource estimate for zone 2.
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Zanaga Iron Ore Co Ltd - iron ore developer - Says its proposed strategic equity investment by Red Arc Minerals LLC in the Zanaga Iron Ore Project is unlikely to be completed by November 30, as several matters remain unresolved between the parties. Negotiations are continuing in good faith, although Red Arc's exclusivity expired on July 31, allowing Zanaga to explore alternative financing options. The company plans to appoint a financial adviser to conduct a strategic review of all available options, including the proposed Red Arc transaction, and recommend proposals to maximise stakeholder value. Zanaga says Red Arc has provided evidence of significant progress towards securing strategic financing of up to USD500 million. Meanwhile, technical development of the project continues following the completion of a bulk sampling programme, with metallurgical testing and engineering work planned. Non-Executive Chair Clifford Elphick says the company remains committed to discussions with Red Arc but believes it is prudent to broaden its financing options to secure the right funding solution for the project.
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Dekel Agri-Vision PLC - West Africa-focused agricultural company - Crude palm oil production increases by 30% in October from the year prior with 2026 compared to October 2025, with fresh fruit bunches processed up 31%, as the palm oil operation moved out of its seasonal low period. CPO sales volumes rise by 42% to 1,594 tonnes, including sales from inventory built up during the third quarter. CPO continues to be sold into the domestic market, where demand remains strong, it says. CPO extraction rate remains broadly stable at 19.4% versus 19.5% a year ago. CPO selling prices average EUR971 per tonne during the month, 3.6% lower than the "particularly strong" October last year but 25% higher than October 2024 and remain above long-term historical averages. Palm kernel oil production increases by 74% to 146 tonnes and PKO sales prices increase by 1.9% to EUR1,319 per tonne. IN addition, says the cashew operation continues its positive momentum following its strongest quarter to date in the third quarter.
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By Jeremy Cutler, Alliance News reporter
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Related Shares:
Tribal Grp.Edx Medical GrpNexteqAmigo ResourcesURU Metals LimitedZanaga Iron Ore Company LimitedDekel Agri