TRADING UPDATES: Shires Income shareholders approve Aberdeen merger
9th Mar 2026 22:40
(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
Phoenix Copper Ltd - US-focused base and precious metals producer and explorer - Dismisses Executive Chair Marcus Edwards-Jones and Chief Financial Officer Richard Wilkins after concluding an investigation. This confirmed that certain historic payments, paid in respect of previous fundraising transactions, totalling around USD1.7 million were made between 2016 and 2025 to Lloyd Edwards-Jones SAS, the company's former corporate finance adviser and a company of which Edwards-Jones is an owner and director. The payments were made by Wilkins to Lloyd Edwards-Jones SAS without board knowledge or approval and Wilkins shared in the proceeds of these payments. Phoenix Copper says the payments constituted related party transactions pursuant to AIM Rule 13 and should have been previously disclosed. Phoenix says it is seeking to recoup the financial loss suffered as a result of the payments. Edwards-Jones and Wilkins have indicated their willingness to work with the company in this respect. In addition, the investigation uncovered unauthorised payments, totalling GBP610,000, some of which were made without board knowledge or approval to an intermediary in connection with bond financing, while certain other payments were made expressly against the direction of the board. Phoenix is seeking to recoup these unauthorised payments as well. Catherine Evans, independent non-executive director and chair of the audit committee, has been appointed interim non-executive chair with immediate effect. Read More
(Alliance News) - Tullow Oil PLC on Monday said it has received another chunk of cash under an agreement announced last year, and said if oil prices stay elevated, pre-financing cash flow guidance would "double". 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
Baker Steel Resources Trust Ltd - investor in mining companies - Net asset value per share rises 15% to 174.3 pence at February 27 from 152.2p at January 30. NAV rises to GBP185.0 million from GBP162.0 million. Attributes growth to increases in share prices of quoted companies in the portfolio, particularly Tungsten West which rose 69% during the month. Notes that recent events in the Middle East have created new uncertainty but says it not aware of any meaningful negative impact on its portfolio companies. Read More
(Alliance News) - Stock prices in London closed lower on Monday, but the FTSE 100 steadily pared earlier losses throughout the day as investors mulled the impact of the ongoing war in the Middle East on inflation and interest rates. 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
Alien Metals Ltd - London-based mining firm focused on Australia - Says joint venture partner GreenTech Metals Ltd completes phase 1 drill programme at Munni Munni platinum, palladium copper and nickel project in the West Pilbara region of Western Australia. Read More
Greencoat Renewables PLC - Dublin-based renewable energy infrastructure investor - Non-Executive Director Bernard Byrne purchases 225,000 shares at 0.73 euro cents per share, worth EUR164,251, on Friday in Dublin. Read More
Lloyds Banking Group PLC - Edinburgh-based lender - Chief Sustainability Officer and Chief Corporate Affairs Officer Andrew Walton sells 1.1 million shares for average 96.74 pence each on Friday, for a total of GBP1.1 million. Read More
IMI PLC - Birmingham England-based engineering company - Clare Pike, a person closely associated with Non-Executive Director and Chair Jamie Pike, purchases 3,508 IMI shares at GBP28.48, for a total of GBP99,908, on Friday. Read More
Finsbury Growth & Income Trust PLC - Edinburgh-based investment firm mainly targeting UK companies - Portfolio Manager Nick Train buys 12,500 shares at an average price of 761.99 pence, worth GBP95,123, on Monday. Train now holds 5.8 million shares, representing 5.2% of the company's issued share capital. Read More