GB Group refinances GBP175 million revolving credit facility
27th Mar 2026 10:19
(Alliance News) - GB Group PLC on Friday said it refinanced its revolving credit facility, now maturing more than three years later than the one it replaced. Read More
(Alliance News) - GB Group PLC on Friday said it refinanced its revolving credit facility, now maturing more than three years later than the one it replaced. Read More
Jardine Matheson Holdings Ltd - Hong Kong-based holding company with interests in retail, property, hotels and motor dealerships - Chief Executive Lincoln Pan purchases 10,000 shares at USD75.07 each, worth USD750,700, on Thursday in Singapore. This follows his purchase on Thursday last week of shares worth USD600,720. Pan has been buying shares since he became CEO at the beginning of December last year. Read More
Hargreaves Services PLC - Durham, England-based provider of services for environmental, infrastructure and property sectors - Calls general meeting for April 29 to approve an increased tender offer for its shares. With its interim results in January, Hargreaves Services set out plans for a GBP15 million tender offer to return capital to shareholders. On Friday, Hargreaves Services raises this to GBP20 million. It sets the tender offer price at 850 pence per share, which it notes is a 27% premium to the stock's market price on January 27, the day before it first announced the tender offer. The offer represents 7.1% of Hargreaves Services total equity, and each shareholder may tender up to 7.1% of their own holding. Hargreaves Services has a market capitalisation of GBP251.60 million. The tender offer will be run by Singer Capital Markets Securities Ltd. Read More
(Alliance News) - Herald Investment Trust PLC on Friday said it will proceed with a backstop tender offer if it cannot reach "a mutually agreeable solution" with activist investor Saba Capital Management LP. Read More
Playtech PLC - Douglas, Isle of Man-based gambling software - Starts on Friday share buyback programme for up to 5.7 million shares, worth about GBP19.0 million at their current market price. Playtech plans to complete the buyback before its next annual general meeting, set to be held towards the end of May. The buyback will be run by US investment bank Jefferies International Ltd. The repurchased shares will be used for future employee share awards. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday day: Read More
(Alliance News) - Iran "cannot hold the global economy hostage", UK Foreign Secretary Yvette Cooper said as she met counterparts including Marco Rubio from the US to discuss the Middle East crisis. Read More
(Alliance News) - Senior PLC on Friday said it has extended the deadline for a revised takeover offer from Advent International LP. Read More
Avacta Group PLC - London-based biopharmaceutical company developing a tumour-activated oncology delivery platform - Raises GBP10 million from a placing of and subscription to 15.9 million new shares at 63 pence each. The new shares represent 3.6% of Avacta's total prior to the issuance. Two non-executive directors, Richard Hughes and David Bryant, contribute a total of GBP550,000 to the raise. The share offer is run by Zeus Capital as broker and bookrunner. Zeus will receive warrants over 4.4 million new shares at the same 63p price, exercisable over five years. The raise is in line with the plan announced after the London market close on Thursday. The fresh cash will be used to progress Avacta's research and development programmes into early in the first quarter of 2027, providing enough cash to get to initial data from a phase 1a trial of AVA6103, its second clinical program. AVA6103, a peptide drug conjugate. Read More
(Alliance News) - Lloyds Banking Group PLC has paid out compensation after nearly half a million people were impacted by an IT glitch exposing the personal data of customers earlier this month. Read More
(Alliance News) - Stock prices in London opened mixed on Friday, with the FTSE 100 edging higher despite continued uncertainty regarding Iran peace talks and muted sentiment across European markets. Read More
(Alliance News) - BASF SE on Friday said it has reduced its shareholding in Harbour Energy PLC, acquired as part of the Wintershall Dea deal, selling a 6.5% stake to cut its holding to 35% from 41.5%. Read More
(Alliance News) - GSK PLC on Friday said the European Medicines Agency has accepted for review its investigational chronic hepatitis B treatment, bepirovirsen. Read More
(Alliance News) - AstraZeneca PLC on Friday reported positive phase-three trial results for its chronic obstructive pulmonary disease treatment tozorakimab. Read More
Metlen Energy & Metals PLC - Athens-based energy and metallurgy company - Says external auditors PricewaterhouseCoopers LLP and PricewaterhouseCoopers SA request more time to complete work on its 2025 financial statement, Metlen's first as a dual-listed entity in London and Athens. Metlen will now release of its annual results on April 9 after a nine-day delay. It confirms guidance of earnings before interest, tax, depreciation and amortisation of around GBP750 million. Read More