4th Nov 2025 20:07
(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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Unilever PLC - London-based consumer goods maker - Currently expects to complete the demerger of the Magnum Ice Cream Co NV on December 6 with commencement of dealings in TMICC shares on December 8. Unilever also expects to complete the share consolidation on December 9.
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BP PLC - London-based oil and gas exploration company - Confirms it is to start a EUR750 million share buyback programme. The programme will run up to February 6, 2026.
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Shortwave Life Sciences PLC - London-based drug development for mental health, formerly called Psych Capital - At the annual general meeting on November 28, the company will propose a 1-for-10 capital reorganisation and the formal adoption of a digital asset treasury policy to establish a "robust and clear" framework for the company's management of digital assets.
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Georgina Energy PLC - London-based onshore helium and hydrogen explorer - Raises GBP200,000 via a placing of 4 million shares at 5 pence each to an institutional investor. Also enters a debt facility with the same institutional investor of up to GBP1.0 million. The company will initially draw down GBP300,000 with any further amounts to be agreed between the company and the investor. The facility has a term of 3 years, and each drawdown of the debt has a term of 12 months. The first drawdown will be convertible at 8p per share.
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ICFG Ltd - investment company established to acquire businesses focused on improving the delivery and use of financial services in Asia, formerly known as Fintech Asia Ltd - Enters into a financing facility with Alternative Investments VCC, acting on behalf of Helicap Income Opportunities Fund.
Under the terms of the facility, ICFG and its subsidiary Pocket NBFI LLC will act as borrowers, with ICFG PTE Ltd serving as guarantor. The facility provides for a loan amount of up to USD25 million, with an initial disbursement of USD11 million, allocated as USD9.5 million to Pocket NBFI and USD1.5 million to ICFG Ltd.
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ValiRx PLC - life sciences company - Raises GBP152,000 through the issue of 60.7 million shares at 0.25 pence each.
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Pulsar Helium Inc - White Rock, Canada-based resource company targeting helium in the US and Greenland - Agrees to buy Oscillate PLC's wholly owned subsidiary, Quantum Hydrogen Inc in an all-share transaction. Pulsar will pay USD400,000 for an 80% stake to be settled by the issue of Pulsar shares. These will be issued in five equal monthly tranches of USD80,000 each over a five-month period. In addition, it has been granted the option to acquire the remaining 20% of Quantum within eighteen months for an additional USD400,000 in Pulsar shares. Pulsar notes Quantum holds exclusive mineral rights for non-hydrocarbon gases in Minnesota that are located in St Louis and Itasca, to the west of Pulsar's flagship Topaz project. The acquisition increases Pulsar's gross acreage in Minnesota by around 1,000% on completion.
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LMS Capital PLC - investment company with assets in retirement living and energy sectors - Net asset value is GBP29.8 million at September 30 compared to GBP31.3 million at June 30. Says after adjusting for the GBP1.6 million return of capital in July, there was a net GBP0.1 million increase in NAV during the quarter. Cash at September 30 was GBP8.8 million compared to GBP11.3 million at June 30. The reduction includes the return of capital, drawdowns by Dacian against the additional loan facility announced in August and running costs partly offset by receipts from investments in realisation.
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Beacon Rise Holdings PLC - London-based shell company - Buys Lyfe Health Isle of Wight Ltd, trading as Cowes Chiropractic, for GBP0.5 million. Around GBP350,000 will be paid on completion and the balance six months thereafter. Expects to settle the deal through a combination of equity and debt financing. Deal remains subject to the completion of due diligence, regulatory and shareholder approval, as well as the negotiation and entry into a final binding share purchase agreement. "We believe that this will position the company well in terms of executing its 'buy-and-build' strategy and delivering shareholder value immediately following Admission. We are progressing due diligence in relation to the three previously announced non-binding heads of terms and are exploring other related potential acquisitions," company says. Lyfe Health Isle of Wight Ltd is a multi-disciplinary musculoskeletal practice offering both chiropractor and physiotherapy services and is located on the Isle of Wight. In 2024, it generated revenue of GBP500,000 and earnings before interest, taxes, depreciation, and amortisation before exceptional costs and management fees of GBP140,000.
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By Jeremy Cutler, Alliance News reporter
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Related Shares:
UnileverBPGeorgina EnergyIcfg LimitedValiRxPulsar HeliumLms CapitalBeacon Rise