LONDON, UK: Marlowe plc, the leader in business-critical services, announced completion of the sale of certain Governance, Risk & Compliance (GRC) software and services assets for an Enterprise Value of £430 million and, as a result, confirms the timetable for the £150 million special dividend set out by the Group on 22 May 2024. The…
Category: London Stock Exchange
News and updates from London Stock Exchange
Power Metal Resources secures £2 million investment, eyes uranium joint venture
LONDON: Power Metal Resources PLC (AIM:POW) has announced a substantial investment agreement with ACAM LP. The deal involves a £2 million investment through a loan note arrangement, accompanied by warrants, marking a strategic step forward for Power Metal’s global uranium ambitions. The legally binding subscription agreement with ACAM LP includes the issuance of loan notes…
Hunting PLC receives $86 million OCTG order from KOC
LONDON: Hunting PLC (LSE:HTG), the global engineering group, has secured a second OCTG order with KOC, through distributor in Kuwait, with an order value totalling $86 million. The OCTG casing and connections related to this order are similar to those announced on 15 May 2024. This second order continues to strengthen Hunting’s relationship with KOC…
M.P. Evans Group acquires 5% in Indonesian planted hectarage
LONDON, UK: M.P. Evans Group PLC, a producer of sustainable Indonesian palm oil, has completed the purchase of the 5% minority holding in the majority (70% by Group-owned planted hectarage) of its Indonesian subsidiary trading companies. The acquisition has been made by the Group’s wholly owned subsidiary, P.T. Evans Indonesia, and encompasses the 5% shareholdings…
TPFG acquires The Guild of Property Professionals and Fine & Country
LONDON, UK: The Property Franchise Group PLC (AIM: TPFG), the UK’s largest multi-brand property franchisor, announced the acquisition of the entire issued share capital of both GPEA Limited and associated companies, trading as The Guild of Property Professionals (The Guild) and as Fine & Country, for a total consideration of approximately £20 million. The consideration…
Mark Perrins appointed Group Chief Executive Officer of Strip Tinning Holdings
LONDON, UK: Strip Tinning Holdings plc (AIM: STG), a leading supplier of specialist connection systems to the automotive sector, announced that, further to the announcement on 30 April 2024, Mark Perrins has been appointed Group Chief Executive Officer (“CEO”) and joins the board of directors of the Company effective immediately. Mark Perrins has served as…
Mosman Oil and Gas acquires 10% working interest in a helium project in USA
LONDON: Mosman Oil and Gas Limited (AIM: MSMN) the hydrocarbon, helium and hydrogen exploration, development, and production company, has acquired a 10% working interest (WI) in a helium project in Las Animas County, Colorado, USA (the “Vecta Helium Project”) from Vecta Oil and Gas Ltd, a private company that has explored, drilled and produces helium…
Valereum and Securities Trading Technology Mauritius to develop financial market infrastructure
LONDON: Valereum Plc (AQSE: VLRM), the Gibraltar technology group, and Securities Trading Technology (Mauritius) Ltd (STT) have entered into a strategic partnership to jointly develop Valereum’s core technology infrastructure – “The Bridge” Digital FMI (Financial Market Infrastructure). STT will provide continued support and development from their extensive in-house expertise within capital markets technology, with a…
MetalNRG plc sells its 10.97% stake in Italia MDC
LONDON: MetalNRG plc (LON:MNRG), the natural resources and energy investment company, has sold its 10.97% stake in EQTEC Italia MDC Srl, the company operating a waste to energy plant in Tuscany, to the provider of an unsecured facility agreement entered into by the Company in July 2020. As previously announced, following the Company’s strategic review…
NetScientific’s DeepTech Recycling secures £0.8M in latest funding round
LONDON: NetScientific plc, a venture capital investment group specializing in deep tech and life sciences, has announced that its portfolio company, DeepTech Recycling Limited, has completed a successful fundraising round of £0.8 million. This latest financial boost brings the total investment to £2.1 million, including previous funding rounds. DeepTech Recycling’s fundraising journey began with an…
RegTech CEO Ian Halliday-Pegg resigns
LONDON: RegTech Open Project plc (LSE: RTOP), the technology business specialised in the automation, management, and optimisation of regulatory compliance operations, announces that Ian Halliday-Pegg has tendered his resignation from his position as Chief Executive Officer and Director of the Company, effective today, to enable him to focus on his personal business interests. Ian Halliday-Pegg…
Saudi Aramco announces launch of a secondary public offering
The Government of the Kingdom of Saudi Arabia (the “Government“) and Saudi Arabian Oil Company (Saudi Aramco), the world’s largest integrated energy and chemicals company (the “Company“), today announce the launch of a secondary public offering of ordinary shares of the Company (the “Offering“) by the Government that will commence on Sunday, 2 June 2024….