(Alliance News) - Anemoi International Ltd on Tuesday proposed a share consolidation and voluntary surrender of warrants ahead of a planned reverse takeover. Read More
Funding Circle Holdings PLC - London-based lending platform focused on small and medium enterprises - Renews its "long-standing funding facility" for its FlexiPay business unit, which provides flexible lines of credit for business expenses. Says the GBP320 million has been upsized from GBP240 million and extended for two years, "providing long-term funding to support the continued growth of Funding Circle's multi-product offering." Says support continues from institutional investors, reflecting "the proven performance of Funding Circle's proprietary technology and robust credit assessment capabilities." Intends to use the funding to grow FlexiPay, combined with its own equity. Says FlexiPay's assets under management total GBP206 million, or 7% of the company's AuM, as at December 31. Also notes that its 2025 results, published in early March, "showed strong momentum" for FlexiPay with transactions rising 66% to GBP815 million. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - Oxford Instruments PLC on Tuesday said it expects to deliver a "resilient" full-year performance in line with market expectations boosted by an uptick in orders. Read More
(Alliance News) - The UK is underprepared for war due to the "ever-expanding welfare budget" and "corrosive complacency" from Keir Starmer's government, former Nato chief George Robertson has warned. Read More
(Alliance News) - Atalaya Mining Copper SA on Tuesday said its first quarter output was hurt by "unusually heavy rains". Read More
(Alliance News) - Intertek Group PLC on Tuesday said it had launched a strategic review and was considering selling its Energy & Infrastructure business. Read More
(Alliance News) - HarbourVest Global Private Equity Ltd on Tuesday said a plan to "enhance shareholder value" could see it return USD1 billion in the years to come. Read More
(Alliance News) - Stock prices in London opened higher on Tuesday, as investors took heart from a slight pullback in oil prices and a strong corporate update from Intertek, despite continued tensions in the Middle East. Read More
(Alliance News) - PageGroup PLC on Tuesday warned of increased uncertainty amid the Middle East conflict as it reported a drop in first-quarter gross profit. Read More
(Alliance News) - Imperial Brands PLC on Tuesday affirmed its annual guidance, as it said strong pricing drove first half profit growth, though tobacco volumes declined. Read More
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says its property portfolio was independently valued at EUR192.6 million for the second quarter that ended March 31, down 0.7% from EUR194.0 million in the first quarter to December 31. At March 31, 2025, valuation also stood at EUR194.0 million. But Schroder European Real Estate says individual assets show more varied performance, with Rumilly and Stuttgart delivering strong valuation growth off the back of lease extensions, offset by the impact of tenant-related setbacks on other assets, particularly in Alkmaar and Cannes. Read More
(Alliance News) - BP PLC on Tuesday said it expects an "exceptional" oil trading result in the first quarter of 2025, after a weak fourth quarter, boosted by stronger refining margins and higher oil prices. Read More
(Alliance News) - BP reports an "exceptional" oil trading performance in the first quarter, while Intertek launches a strategic review, and Imperial Brands reiterates full-year guidance after a positive start to its transformation plan. Read More
(Alliance News) - Tharisa PLC on Tuesday said it boosted platinum group metal production in the first half of its financial year, taking advantage of strong prices, while chrome output declined. Read More