News and updates from London Stock Exchange
LONDON: Cykel AI Plc (LSE:CYK) announced that Ewan Collinge, co-founder of the Company, has been appointed as Executive Director and Chief Executive Officer. The appointment will take effect immediately. Ewan is an experienced entrepreneur and technologist. He has launched ventures…
LONDON: Brooks Macdonald Group will acquire 100% of the issued share capital of each of LIFT – ‘LIFT-Financial Group Ltd and LIFT-Invest’ for an initial consideration of £30 million payable in cash on completion and a total consideration of up to £45m,…
LONDON: Sosandar plc (AIM: SOS), the women’s fashion brand, creating quality, trend-led products for women of all ages, has signed a lease agreement for its fourth store, in Cardiff’s St David’s centre. This follows the recent store openings in Chelmsford,…
LONDON: 3i Infrastructure plc has received a binding offer for its c.33% stake in Valorem, a leading independent European renewable energy developer and power producer, from funds managed by AIP Management P/S and from certain other co-investors. Subject to acceptance…
LONDON: Applied Nutrition, now a public limited company as of 1 October 2024, has confirmed its plans for an initial public offering (IPO) and provided specific details about the offer. The company intends to list its shares in the equity…
LONDON: FD Technologies (AIM: FDP.L) has entered into an agreement to sell the Group’s First Derivative Business to EPAM Systems Inc. for an enterprise value of £230m. The divestment is expected to complete in the fourth quarter of 2024, subject…
LONDON: Renew Holdings (AIM: RNWH), the leading Engineering Services Group supporting the maintenance and renewal of critical UK infrastructure, has acquired Full Circle Group Holding B.V., a specialist provider of repair, maintenance and monitoring services for onshore wind turbines in…
LONDON: The Watches of Switzerland Group (WOSG) announced the acquisition of Hodinkee, the pre-eminent global digital editorial content provider and gateway for luxury watch enthusiasts. One of the Group’s stated Long Range Plan objectives is to leverage existing growth opportunities by growing…
LONDON: Good Energy Group PLC (AIM: GOOD), a leading renewable electricity supplier and innovator in clean energy services, has announced the acquisition of Amelio Enterprises Limited, known as Amelio Solar. Nigel Pocklington, CEO of Good Energy, commented: “Amelio Solar is…
LONDON: Schroder British Opportunities Trust plc (SBO) confirmed a new private equity investment in Acturis Ltd, a leading SaaS provider for brokers, insurers, and managing general agents across the general insurance market. Acturis was founded in the UK in 2000…
LONDON: Prospex Energy PLC (AIM: PXEN), the investment company focused on European gas and power projects, has qualified to apply for onshore open acreage hydrocarbon exploration licences in Poland. In March 2024, Prospex incorporated PXEN Tatra, a 100% owned subsidiary…
LONDON: Sorted Group Holdings Plc (AIM: SORT), a prominent provider of delivery experience and post-purchase technology, has announced the sale of its “Returns” business, including all related intellectual property such as software, systems, and content assets. This business, which serves small…