TRADING UPDATES: Aurrigo wins deal; Dekel palm oil output up
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
International Consolidated Airlines Group SA - London- and Madrid-based owner of British Airways, Iberia and other airlines - Launches invitation to repurchase up to EUR825.0 million outstanding 1.125% senior unsecured convertible bonds due 2028. Says it intends to repurchase up to 100% of the outstanding principal amount through a reverse bookbuilding process. The repurchase period opened at 0700 BST on Monday and is expected to close at 1630 BST. IAG says bonds accepted for purchase will be cancelled. Adds that if outstanding bonds fall to 15% or less of the original amount issued, it currently intends to redeem the remaining bonds in full. Settlement is expected around May 19. Read More
(Alliance News) - CelLBxHealth PLC on Monday said it expects at least 50% revenue growth in 2026 as it advances its turnaround strategy and continues to reduce costs. Read More
(Alliance News) - Fusion Antibodies PLC on Monday said Japan's patent office has formally granted approval to its patent application covering two families of antibodies. Read More
(Alliance News) - Greatland Resources Ltd on Monday reported fresh drill results from its West Dome Underground project, supporting its potential for exploitation beyond the company's original target zone. Read More
Pennant International Group PLC - Cheltenham, England-based provider of systems support, technical services and training with focus on defence sector - Inks a contract with a new, unnamed customer, that is initially valued at GBP1.0 million. Says the contract win is within its Training Systems divisions, and is for the supply of a virtual training simulator developed specifically for a UK manufacturer of air defence applications. Explains that the initial order covers design, development and testing of the simulator, adding that it is subject to the provision of a bank guarantee which is being finalised. Upon succesful delivery of this phase, Pennant expects further series production orders through to 2027. Adds that the contract boosts its order book, noting over GBP11 million of new orders have been secured within the Training Systems division since the company's interims back in September. Says delivery of the initial contract is expected in the second half of this year. Read More
(Alliance News) - Shoe Zone PLC on Monday cited weak consumer confidence, lower footfall and higher costs as it reported a widened half-year loss. Read More
(Alliance News) - Empire Metals Ltd on Monday said it has raised GBP8 million in gross proceeds from institutional shareholders, with funds earmarked to advance work at its Pitfield project. Read More
(Alliance News) - Stock prices in London gave up early gains to trade little changed by midday Monday, as the lack of progress in negotiations between Iran and the US kept investors cautious. Read More
(Alliance News) - Caledonia Mining Corp PLC on Monday reported higher first quarter revenue and earnings despite a fall in gold production, as the price of gold has risen sharply compared to a year ago. Read More
(Alliance News) - Wise PLC on Monday is set to make its debut on the Nasdaq, while keeping its secondary listing on the London Stock Exchange's Main Market. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Monday. Read More