LONDON: Bloom Equity Partners Management has agreed on the terms and conditions of a recommended all cash offer for the entire ordinary share capital of GRC International Group plc at the rate of 8.0 pence in cash per GRC share. The offer values GRC’s entire issued, and to be issued, ordinary share capital at approximately…
Category: London Stock Exchange
News and updates from London Stock Exchange
Finseta plc completes sale of Capital Currencies Ltd
LONDON, UK: Finseta plc (AIM: FIN), a foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, announced the completion of the sale of 100% of the share capital of Capital Currencies Ltd, following the receipt of regulatory approval from the Financial Conduct Authority. In accordance with…
Eco Atlantic farms into Block 1 offshore South Africa
LONDON: Eco Atlantic Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG), an oil and gas exploration company focused on offshore Atlantic Margins, has announced a Farm-In into Block 1 Offshore South Africa’s Orange Basin. Through its wholly-owned subsidiary, Azinam South Africa Limited, Eco will acquire a 75% Working Interest from Tosaco Energy (Proprietary) Limited. As…
Sure Valley Ventures leads a $1.1m funding round for Inspeq AI
LONDON, UK: Sure Valley Ventures III Limited Partnership (SVV3 Fund) has led a $1.1m funding round for Inspeq AI, a transformative full-stack AI Ops platform, alongside Delta Partners and a number of other leading investors. Inspeq AI aims to become the trusted source of safe and reliable AI development, enhancing generative (“Gen”) AI application deployment…
KR1 plc invests into the Avail Project
LONDON: KR1 plc (KR1:ASE), a leading digital asset investment company, announced that the Company has invested a total of US$1,000,000 into the Avail Project (AVAIL) in return for 12,500,000 AVAIL tokens. Avail is a Web3 infrastructure layer that allows modular execution layers to scale and interoperate in a trust-minimised way. As such, Avail is positioning…
B&M European Value Retail S.A. appoints Tiffany Hall as Non-Executive Chair
LONDON: B&M European Value Retail S.A. announced the appointment of Tiffany Hall as Non-Executive Chair of the Board of Directors of the Company with effect from the Company’s Annual General Meeting (AGM) on 23 July 2024. The appointment follows an extensive search process undertaken by the Board with the support of an external executive search…
Green Lithium partners with EDF to produce low-carbon lithium in UK
MIDDLESBROUGH: Green Lithium Refining Limited announced that it is backing EDF’s Tees Green Hydrogen project regarding the supply of hydrogen to its large-scale lithium refinery at PD Ports in Teesside, UK. Currently, the majority of the world’s lithium is refined in China. The UK’s and EU’s reliance on international sources of refined lithium chemical imports…
LondonMetric Property sells £37 million of office assets
LONDON: LondonMetric Property Plc announced that it has exchanged contracts to sell two offices in Scotland to a single buyer for £36.6 million, reflecting a blended NIY of 7.0%. The sales are former LXi assets and comprise: Separately, LondonMetric has sold a former LXi care home in the West Midlands for £0.5 million. LondonMetric has…
Atrato Onsite Energy acquires portfolio of solar PV systems for £9.3 million
LONDON, UK: Atrato Onsite Energy plc (LSE: ROOF), the investment company focusing on clean energy generation, announced the acquisition of a fully operational portfolio of solar PV systems for a total consideration of £9.3 million. The portfolio includes three solar assets with a total capacity of 13MW with a 10-year average remaining contracted term and comprises:…
Checkit Plc offers to acquire Crimson Tide for £12 million
Checkit Offer update and receipt of possible cash offer from Ideagen LONDON, UK: Checkit Plc, the augmented workflow and smart sensor automation company for frontline workers, has approached board of Crimson Tide offering to acquire the entire issued and to be issued share capital of Crimson Tide. Under the terms of the possible offer, each…
Keras Resources plc hits milestone with Delta Plant commissioning
LONDON: Keras Resources plc has announced the successful commencement of dry commissioning at its Delta processing facility. The initial phase, known as C1, marks a significant milestone for the company’s wholly-owned subsidiary, Falcon Isle Resources Corp. This phase includes the energisation of motors and confirmation that all installed items meet design requirements. The transition from…
Springfield Properties enters Strategic Collaboration with Barratt for Durieshill
LONDON: Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland focused on delivering private and affordable housing, has entered into a strategic collaboration agreement with BDW Trading Limited (Barratt), the principal operating subsidiary of Barratt Developments PLC, for the development of the Group’s Durieshill site, creating a new village near Stirling. With planning in…