LONDON: Pathfinder Minerals PLC (AIM: PFP) has declared its conditional agreement to acquire Rome Resources Ltd. This transaction, announced on May 7, 2024, follows Pathfinder’s initial statement made on November 29, 2023. The acquisition process, termed as the “Arrangement,” is set to be executed through a court-sanctioned plan of arrangement in accordance with the British…
Category: London Stock Exchange
News and updates from London Stock Exchange
Lawrence Hutchings to be appointed CEO of Workspace Group Plc
LONDON: Workspace Group PLC, London’s leading owner and operator of sustainable, flexible work space today announced the appointment of Lawrence Hutchings as its CEO Designate. Lawrence will replace Graham Clemett, who informed the Board in January of his decision to retire from Workspace. Lawrence Hutchings has been Chief Executive Officer at Capital & Regional PLC…
Guild Esports joins the Esports World Cup Club Program
LONDON: Guild Esports PLC, a global gaming-focused media business, has joined the Esports World Cup Club Program (“EWC Club Program”), a scheme launched by the Esports World Cup Foundation (“EWC Foundation”) to incentivise leading esports organisations to expand their competitive presence at the Esports World Cup (“EWC”). The EWC is an annual esports tournament hosted…
Ashoka WhiteOak likely to acquire Asia Dragon Trust
LONDON: Ashoka WhiteOak Emerging Markets Trust plc (AWEM) has proposed a strategic transaction with Asia Dragon Trust plc, which has received in-principle support from a majority of Asia Dragon shareholders. The transaction aims to provide significant benefits for both sets of shareholders, including a cash exit option for up to 50% of Asia Dragon shares….
Schroders Capital invests more in Memo Therapeutics AG
LONDON: Schroders Capital Global Innovation Trust plc announced its follow-on investment in Memo Therapeutics AG, a late clinical-stage biotech company based in Switzerland. The Company invested CHF 0.5 million (£0.4 million) in Memo’s Series C extension financing round, which raised CHF 20 million (£17 million) and was co-led by new investors, Ysios Capital and Kurma…
AdvancedAdvT Limited has acquired Celaton for £5.0 million
COMPLETION OF ACQUISITION OF CELATON LONDON, UK: AdvancedAdvT Limited (AIM: ADVT), a leading provider of software solutions, has announced the acquisition of Celaton Ltd, an AI-driven intelligent process automation platform known for its inSTREAM technology, for a net cash consideration of £5.0 million. The strategic move is set to enhance AdvT’s offerings in business solutions,…
SDCL sells its UK onsite solar portfolio, UU Solar, to UK Power Networks for £90.8 million
LONDON: SDCL Energy Efficiency Income Trust plc has sold its UK onsite solar portfolio, UU Solar, to UK Power Networks Services Holdings Limited, the private networks business of UK Power Networks Group, for a consideration of £90.8 million. The agreed price represents a 4.5% premium to the Company’s 30 September 2023 valuation. The UU Solar…
Bushveld Minerals announces Vanchem asset sale for $40.6 million
LONDON: Bushveld Minerals Limited, a leading vanadium producer listed on AIM, has announced a strategic move to sell its Vanchem asset to Southern Point Resources Fund I S.A. LP (SPR) for up to $40.6 million. The deal includes an initial consideration of $20.6 million and a deferred payment of $15 to $20 million. This decision…
Ondine Biomedical Inc. announces £3 million fundraising initiative
LONDON: Ondine Biomedical Inc., a Canadian life sciences company listed on AIM (OBI), has announced a significant fundraising effort to secure at least £3 million (C$5.15 million) from mainly existing shareholders. The initiative includes a placement and a subscription, aiming to issue over 43 million new common shares at 7 pence each, a 36.6% premium…
Duke Capital makes follow-on investment of £4.0 million in BPVA
LONDON, UK: Duke Capital Limited (AIM: DUKE), a leading provider of hybrid capital solutions for SME business owners in Europe and North America, announced a follow-on investment of £4.0 million into its existing capital partner, BPVA (Ireland) Limited (BPVA). This investment will enable BPVA to complete its latest acquisition as well as reorganise the shareholder…
The Works commences trading on AIM
LONDON: The Works, a renowned value retailer specializing in books, arts and crafts, stationery, toys, and games, has officially transitioned to the AIM market of the London Stock Exchange plc. As of 8:00 a.m. today, the company’s entire issued share capital, comprising 62,500,000 ordinary shares valued at one penny each, has begun trading under the…
Coca-Cola Europacific Partners (CCEP) announces resignation of CFO Nik Jhangiani
LONDON: Nik Jhangiani, CFO, has informed the Company of his intention to join Diageo plc as CFO later this year. CCEP expects to make an announcement about his successor in the near future, following a thorough search with strong candidates already identified. Nik will remain in role to ensure an orderly and effective transition. Damian…