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
Conduit Holdings Ltd - the parent company of Conduit Re, a Bermuda-based reinsurance business - Appoints Nicholas Shott as chair of the board, effective from Friday last week. Notes Shott has also been made chair of the nomination committee, succeeding Ken Randall. Adds that Rebecca Shelley will resume her role as senior independent director, also succeeding Randall in that capacity. Shelley was made interim chair back in May of last year, while the board began its search for a permanent chair. Read More
(Alliance News) - Pebble Beach Systems Group announced on Monday it won a five-year contract worth an initial GBP1.3 million in support of a "tier-1 US-based streaming company". Read More
Renewables Infrastructure Group Ltd - Guernsey-based renewable energy investor - Net asset value was 104.0 pence per share as at December 31, down 5.2% from 109.7p at September 30. The firm says the net asset value decline resulted partly from a fall in revenue forecasts, and lower power prices in Sweden. The company says it remains committed to its progressive dividend policy, which is to at least maintain the level of dividends and increase them "when it is prudent to do so." It maintains the 2026 dividend target at 7.55p per share, unchanged from 2025. Read More
(Alliance News) - Helium One Global Ltd announced on Monday that it has concluded the electrical submersible pump testing at its southern Rukwa Helium Project in Tanzania, with zero lost time injuries. Read More
(Alliance News) - Stock prices in London were higher midday on Monday, as investors increasingly expect US interest rates to stay higher for longer, and with defence stocks giving the FTSE 100 a boost as Keir Starmer calls for Europe to "step up" on security. Read More
(Alliance News) - Partners Group Private Equity Ltd on Monday said its net asset value fell in December, as it was hit by continued US dollar weakness against the euro. Read More