1Spatial PLC - Cambridge, England-based master location data management firm - Court sanctions scheme for takeover of 1Spatial by VertiGIS Ltd. The last day of trading of 1Spatial shares is set to be April 28, with suspension of trading a day later, and then cancellation on April 30. In January, the firm agreed to an all-cash takeover by VertiGIS, valuing the company at around GBP87.1 million. Read More
Life Science REIT PLC - real estate investment trust for UK properties leased to tenants in the life science sector - Court sanctions scheme for takeover of Life Science REIT by British Land Co PLC. Life Science REIT shares are to be suspended on Monday. British Land in January struck a deal to acquire Life Science for GBP150 million. Life Science REIT shareholders will receive 14.1 pence and 0.07 of a new British Land share for every Life Science REIT share held. At the time, this valued Life Science REIT shares at 42.8p each, as British Land shares closed at 410p each on the day before the deal was announced. Based on British Land's current share price, the deal puts a roughly 41.8p value on Life Science REIT shares. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and Friday and not separately reported by Alliance News: Read More
(Alliance News) - Rift Helium Ltd plans to make its AIM debut in London next week, a regulatory filing said on Friday. Read More
(Alliance News) - Stock prices in London opened slightly lower on Friday, as investors weighed President Donald Trump's upbeat remarks on the Iran conflict against lingering energy market uncertainty and a flurry of broker-driven stock moves. Read More
(Alliance News) - Workspace Group PLC on Friday warned of a "substantial step down" in trading profit as it invests to become the "first-choice provider of space." Read More
(Alliance News) - ITM Power PLC on Friday said it has entered into a strategic tie-up with Rheinmetall AG, as part of a plan to create a network of synthetic fuel production plants for Nato. Read More
(Alliance News) - discoverIE Group PLC said growth picked up in its final quarter, and it expects to see further progress in the new year. Read More
(Alliance News) - Bank of Ireland Group PLC on Thursday proposed exiting London, deeming its listing "no longer in the interests of the company". Read More
(Alliance News) - discoverIE Group reports accelerating demand and strong order growth, while Workspace warns of a substantial profit decline next year, and Bank of Ireland Group plans to exit its London listing. Read More
(Alliance News) - Stocks in London are set to open slightly higher on Friday, as markets continue to tread water while focus turns to potential US-Iran peace talks. Read More
(Alliance News) - UK Prime Minister Keir Starmer is facing mounting pressure and a top civil servant is to leave their post after it emerged the Foreign Office overruled a security vetting process to clear Peter Mandelson to become UK ambassador to the US. Read More
(Alliance News) - French President Emmanuel Macron and UK Prime Minister Keir Starmer on Friday chair a meeting of allies to consider sending a multinational force to ensure security and free-flowing trade in the Strait of Hormuz once the current conflict between Iran and the US and Israel ends. Read More
(Alliance News) - BHP Group Ltd on Friday announced the signing of two memorandums of understanding to boost cooperation with Chinese research and engineering organisations China Enfi Engineering Corp and BGRIMM Technology Group. Read More