LONDON: In a news release, Schroders Capital Global Innovation Trust plc (INOV) has announced its final results for the fiscal year ending December 31, 2023. The company, under the leadership of Chair Tim Edwards, has reported a notable increase in net asset value (NAV) during the last quarter, signaling a positive shift towards growth in…
Category: London Stock Exchange
News and updates from London Stock Exchange
DG Innovate and EVage forge joint venture for electric vehicle drives in India
LONDON, UK: DG Innovate (LSE: DGI), a leader in sustainable mobility and energy storage R&D, has announced a Memorandum of Understanding with EVage Automotive Pvt. Ltd., an Indian electric vehicle company. The MoU outlines the formation of a joint venture to produce DG Innovate’s Pareta® e-drives in Chandigarh, India. The proposed joint venture, 60% owned…
Versarien Plc reports weak financial results
LONDON, UK: Versarien Plc, the advanced engineering materials group listed on AIM (VRS), has released its audited financial results for the year ending 30 September 2023. The report shows a decrease in group revenues from £11.11 million in the previous 18-month period to £5.45 million. Graphene-related revenues also fell to £0.24 million from £2.15 million….
Caledonia Mining reports 3% increase in gross revenue
LONDON, UK: Caledonia Mining Corporation Plc has released its operating and financial results for the year ended December 31, 2023. The company reported a gross revenue of $146.3 million, a 3% increase from 2022, attributed to a 7.8% rise in the average gold price. However, gross profit fell to $41.5 million from $61.8 million due…
Ironveld plc reports interim results amidst operational challenges and strategic shifts
LONDON, UK: Ironveld plc, a prominent player in the High Purity Iron, Vanadium, and Titanium market, has released its interim results for the six months ending December 31, 2023. The company, which operates a significant project in Limpopo Province, South Africa, has announced several key developments and financial maneuvers as part of its strategic growth…
AdvancedAdvT reports robust interim financial results, exceeding expectations
LONDON, UK: AdvancedAdvT Limited (LSE: ADVT), a leading international software solutions provider, has announced its unaudited interim results for the six months ending December 31, 2023, showcasing a strong financial performance across its business solutions, healthcare compliance, and human capital management sectors. The Group, which integrated four operating units since July 31, 2023, reported a…
Aptamer Group posts loss in the first half FY24
LONDON, UK: Aptamer Group plc (AIM: APTA) has released its unaudited interim financial results for the six months ending December 31, 2023. Despite a challenging economic climate, the company has shown resilience with a revenue of £0.3 million and a cash balance of £1.8 million. The adjusted EBITDA loss was reduced to £1.8 million, down…
VH Global Sustainable Energy Opportunities acquires two solar plants in Australia
LONDON, UK: VH Global Sustainable Energy Opportunities plc (GSEO), managed by Victory Hill Capital Partners LLP, has announced the acquisition of two solar PV sites with co-located battery storage systems in New South Wales, Australia, for £16.9 million. This move is part of the ongoing Australian Energy Transition Programme, which has now seen its commitment…
888 Holdings to exit US B2C operations, sell Hard Rock Digital
LONDON, UK: 888 Holdings (LSE: 888), one of the world’s leading betting and gaming companies with internationally renowned brands including William Hill, 888 and Mr Green, today announced the conclusion of its strategic review of US B2C operations. As a result of the review the Group has agreed the sale of selected assets to Hard…
Cooks Coffee Company appoints Aiden Keegan as Chief Executive Officer
LONDON: Cooks Coffee Company (NZX:CCC), the international coffee focused café chain which includes the brand Esquires Coffee, announced that Aiden Keegan has been appointed as the Company’s Chief Executive Officer, effective from 1 April 2024. Aiden commenced his role as Operations Manager at Esquires in Ireland (“ECHI”) in January 2004. Before joining ECHI, he served…
Kitwave Group has acquired Total Foodservice Solutions for £21.0 million
LONDON, UK: Kitwave Group plc (AIM: KITW), the delivered wholesale business, has acquired the entire issued share capital of Total Foodservice Solutions Limited, a leading independent food wholesaler in the North of England. The total gross consideration payable for the acquisition is £21.0 million in cash and has been funded from the Group’s current banking…
abrdn European Logistics Income disposes of French asset
LONDON: abrdn European Logistics Income plc (ASLI), the company which invests in quality European logistics real estate, has completed the sale of a 30,180 sqm warehouse in Meung sur Loire, France, to Castignac. The €17.5 million disposal price is in line with the 31 December 2023 valuation and reflects a c.7% discount to the 30…