(Alliance News) - Genedrive PLC on Friday reported a narrowed full-year loss as its net finance costs fell and revenue almost doubled from routine use of its MT-RNR1 test. Read More
(Correcting headline and amount raised.) Read More
(Alliance News) - Supply@Me Capital PLC on Friday reported that four resolutions at its annual general meeting failed to pass, including for the re-election of Founder & Chief Executive Officer Alessandro Zamboni. Read More
Ferro-Alloy Resources Ltd - developing Balasausqandiq vanadium deposit in southern Kazakhstan - Raises GBP1.5 million from subscriptions to 28.2 million new shares at 5.5 pence, a 28% discount to the stock's closing price on Thursday. The subscriptions are by strategic shareholder Vision Blue Resources Ltd and company directors, including Chief Executive Officer Nick Bridgen. Vision Blue, which is associated with Ferro-Alloy Resources Chair Mick Davis, buys 6.3 million shares and now has a 22.5% stake. Bridgen buys 408,886 shares and now has an 11.2% holding. "This equity raise will strengthen the company's funding position while we continue discussions with strategic investors to progress the project, supported by the positive results of our recent feasibility study," Bridgen says. Read More
(Alliance News) - Custodian Property Income REIT PLC on Friday reported an increase to its interim profit and net asset value as it hailed its rental and portfolio valuation growth. Read More
(Alliance News) - European equities pushed higher on Friday, with eyes on a US inflationary gauge published in the afternoon, as investors expect the Federal Reserve to cut next month. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and Friday and not separately reported by Alliance News: Read More
James Halstead PLC - Manchester, England-based commercial flooring manufacturer and distributor - Says trading has been mixed as it approaches the end of its first half. Revenue in the UK and North America has "remained robust", though it has seen continued "challenges" within the Central European and Asia Pacific regions. "We continue to monitor and control costs to mitigate the effect of these challenges," it says. James Halstead's half-year concludes at the end of December. Read More
(Alliance News) - Ocado Group PLC on Friday said it will receive a USD350 million one-off cash payment as compensation following Kroger Co's decision to optimise its CFC network. Read More
ME Group International PLC - Surrey, England-based vending machine operator - says it has terminated discussions seeking potential offerors, after not receiving an offer that it believes would be in the best interest of its shareholders. The end to the offer period comes despite "engagement with several interested parties", the company says. Read More
AEP Plantations PLC - owner, operator and developer of palm oil plantations in Indonesia and Malaysia - Notes that exceptionally heavy rainfall has caused severe flooding and landslides across the Western Sumatra region on the island of Sumatra, Indonesia. Says the flooding has affected Sibolga Town and the surrounding areas, including its PT Cahaya Pelita Andhika [CPA] estate in North Sumatra. At the estate, floodwater covering over 4,000 hectares has temporarily disrupted electricity and telecommunications, and all employees and their families residing on the site were evacuated. Company says all affected personnel are accounted for and safe with no serious injuries or deaths. Read More
Relx PLC - London-based provider of business, scientific and legal information - Plans new share buyback programme worth up to GBP250 million to be started on January 2 and completed by February 6, in time for the company's 2025 results release on February 12. The new programme will be run by UBS AG's London branch. It follows the completion by Relx of its 2025 share buyback programme, during which it repurchased 39.5 million shares for GBP1.5 billion in total. Read More