(Alliance News) - Stock prices in London closed lower on Wednesday, as uncertainty around the length of the war in the Middle East persisted and fears of higher inflation loomed. Read More
(Alliance News) - 80 Mile PLC on Wednesday said it intends to buy the remaining shares in industrial exploration company White Flame Energy Ltd that it does not already own. Read More
(Alliance News) - Capricorn Energy PLC on Wednesday said it is seeking "clarity" about the funding arrangements of a potential bidder for the company, Alamadiyaf al-Masiyyah for Trading LLC. Read More
(Alliance News) - Light Science Technologies Holdings PLC on Wednesday said it raised GBP6.0 million from a placing, as it unveiled GBP5.4 million worth of acquisitions. Read More
(Alliance News) - Potomac View Investments LP, an entity managed by EIG Management Co LLC, on Wednesday said it has completed the secondary placing of 60 million shares in Harbour Energy PLC, worth GBP153 million. Read More
Elementis PLC - London-based chemical manufacturer - Chief Financial Officer Kath Kearney-Croft purchases 32,856 shares, at GBP1.52, worth GBP50,000, on Wednesday in London. Kearney-Croft became CFO designate in November last year, officially taking up the role on January 1. Read More
Kosmos Energy Ltd - Dallas, Texas-based energy company - Prices its underwritten public offering of 97.5 million shares at USD1.90, creating gross proceeds of USD185.3 million. Grants underwriters a 30-day option to purchase up to an additional up to 14.6 million shares. Expects the offering to close on Thursday, with net proceeds earmarked for debt repayment. Notes that Barclays and Stifel are acting as joint book-running managers in the offering. Read More
Hikma Pharmaceuticals PLC - London-based pharmaceutical maker - Chief People Officer Hussein Arkhagha buys 6,200 shares, at GBP12.00, worth GBP74,400, on Monday this week in London. Read More
(Alliance News) - Eco Atlantic Oil & Gas Ltd on Wednesday said it has agreed to buy all outstanding shares in oil and gas exploration firm JHI Associates Inc in an all-share deal worth around USD52.3 million. Read More
(Alliance News) - Revolut is set to launch as a fully-fledged bank in the UK after securing the green light from regulators following a lengthy wait. Read More
Premier African Minerals Ltd - developer of the RHA tungsten and Zulu lithium projects in Zimbabwe - Raises approximately GBP500,000 before expenses through a subscription for 2.70 billion new shares at 0.0185 pence per share. Also says it has settled suppliers' invoices worth GBP100,000 through the issue, at the same price, of 540.5 million new shares. Says it primarily intends to use the proceeds to support the ongoing commissioning of Xinhai Flotation Plant at the Zulu Lithium & Tantalum Project, to fund operating expenses at Zulu, and to manage essential creditors at Zulu, as well as to provide general working capital. Read More
(Alliance News) - Capita PLC on Wednesday said it was "pleased" by Ofgem's decision to slash disallowed costs incurred by its wholly owned Smart Data Communications Co by about two-thirds for the 2024/2025 regulatory year. Read More