(Alliance News) - Stock prices in London closed mixed on Monday after a day of thin trading due to a holiday in the US, while banking and defence stocks buoyed the blue-chip index. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - LMS Capital PLC on Monday said its net asset value declined in the final three months of last year. Read More
Critical Mineral Resources PLC - London-based resource developer targeting Moroccan metals - Appoints Geraud Moussarie as chair of the board, noting his "significant leadership experience" in the management of natural resources and infrastructure projects across North and West Africa. Notes Moussarie's experience at BP PLC, where he held a number of "senior roles" across the region, including senior commercial manager for BP North Africa. Adds that from 2021 to 2023, he served as project director and general manager for Rio Tinto PLC in Guinea. Read More
(Alliance News) - The government has abandoned plans to postpone elections across 30 councils this May after receiving advice from lawyers following a legal challenge from Reform UK. Read More
(Alliance News) - Physiomics PLC on Monday saw its shares decline as it posted a widened interim loss, but expressed optimism on hitting market expectations for the full-year. Read More
Cadogan Energy Solutions PLC - Ukraine and Italy-focused oil and gas company - Says it successfully starts its gas-to-power operations in Ukraine. The firm adds that the installation enables a "significant reduction" in carbon dioxide emissions associated with oil production while generating incremental revenue through the sale of electricity to the national grid. Read More
Pinewood Technologies Group PLC - Birmingham, England-based firm software provider for automotive sellers - Chief Financial Officer Oliver Mann buys 25,045 shares priced at 306.80 pence each for a total of GBP76,838 on Monday. This follows a sharp drop in the stock's value, after former suitor Apax Partners LLP on Friday said it no longer intends to make an offer for Pinewood, due to "prevailing challenging market conditions". Pinewood shares have fallen more than 30% from Friday's closing price of 441 pence. Back in January, Pinewood had said it was in talks with Apax for a possible cash offer of 500 pence per share. On Monday, it reaffirmed confidence in its "positive long-term prospects" and income targets through to 2028. Read More
Blencowe Resources PLC - developing the Orom-Cross graphite project in Uganda - Notes US Department of Commerce's recent determination imposing roughly 160% antidumping and countervailing duties on graphite active anode material imports from China. Says a final affirmative determination is expected in March from the US International Trade Commission. If this happens, Blencowe expects the measures to apply for at least five years and to be additive to existing tariffs. Says the measures reinforce "the accelerating policy-driven transition toward secure, diversified, non-China graphite supply chains across both battery and advanced industrial markets." Believes they also "underpin the long-term development case for Orom-Cross across multiple high-value end markets", as the project is well-positioned "to support this evolving supply landscape". Read More
SpaceandPeople PLC - Glasgow, Scotland-based promotional and short-term retail space provider - Announces a trading update for 2025, saying that profitability is in line with market expectations due to a strong margin performance. Also expects to report "a significant increase in revenue" to GBP8.1 million from GBP6.7 million in 2024. Attributes this to the performance of its 'UK Brand Experience', 'Rock Up' and 'Pop-Up' revenue streams, combined with "increased growth" in its German Retail division. Says it has reduced bank debt to zero as of December 31, from around GBP800,000 one year prior. Cash totals GBP1.6 million, down from GBP1.9 million. Expects to announce 2025 results during the week starting on April 27. Read More
(Alliance News) - Beeks Financial Cloud Group PLC on Monday said it traded in line with expectations in its first half, hailing "strong momentum across all offerings". Read More
(Alliance News) - Custodian Property Income REIT on Monday said it has bought a GBP35.9 million family property portfolio via the purchase of Grove Court Properties Holdings Ltd. Read More