Pennpetro reports revenue rise, is focused on return to stock trading
(Alliance News) - Pennpetro Energy PLC reported on Friday a narrowed loss for a first half "of profound transition". Read More
(Alliance News) - Pennpetro Energy PLC reported on Friday a narrowed loss for a first half "of profound transition". Read More
(Alliance News) - Blue chip stocks in London underperformed European and US peers on Friday, despite stable inflation data across the pond, as falls in oil majors BP and Shell weighed. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Barings Emerging EMEA Opportunities PLC reported an outperforming net asset value total return for its latest year. Read More
(Alliance News) - 1Spatial PLC on Friday said it won a deal from mapping agency Ordnance Survey Ltd for the next stage of a "major national project". Read More
Iofina PLC - iodine producer - Signs a deal with Western Midstream Partners LP for the development of a plant in the Permian Basin between western Texas and southeastern New Mexico. The plant will be funded and operated by Iofina and will be able to process around 50,000 brine barrels per day. "Western Midstream will supply up to 50,000 barrels per day of produced water in exchange for a royalty fee on the plant's production," Iofina adds. Groundwork is anticipated to start by the end of this year, with the plant expected to come online in the second half of 2026. Read More
RentGuarantor Holdings PLC - London-based provider of rent guarantee services in the UK private rental sector - Signs partnership agreement with Jones Lang LaSalle [JLL], a Chicago, Illinois-based professional services firm specialising in real estate and investment management. The agreement allows 12 JLL offices in London to offer tenants in JLL-managed properties the option of securing a professional guarantor through RentGuarantor. Paul Foy, RentGuarantor chief executive officer, says: "I am pleased to announce this new partnership for RentGuarantor. This collaboration is advantageous for both partners; it provides the opportunity for us to expand the reach of our service through an esteemed and well-known firm, whilst helping JLL to fulfil an aspect of their comprehensive tenancy management service that was previously missing - the option to secure an insurance-backed professional guarantor. We look forward to working with these selected JLL offices to enhance their offering to tenants." Read More
(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