LONDON, UK: Smiths Group PLC, a leader in engineering innovation, has announced a solid half-year performance with a notable 3.9% increase in organic revenue and a 16.5% surge in orders for the first half of the fiscal year ending January 31, 2024. The company remains confident in achieving its full-year organic revenue growth target of…
Category: London Stock Exchange
News and updates from London Stock Exchange
TruFin plc finalizes sale of Interact Platform to VCI Global Ltd
LONDON, UK: TruFin plc has announced the finalization of its deal to sell the intellectual property and assets of its augmented reality and gamification AdTech platform, Interact, to VCI Global Ltd (VCIG). The transaction, which was initially disclosed on November 21, 2023, is set to complete on March 28, 2024. Under the terms of the…
Zotefoams Plc appoints Ronan Cox as new Group CEO to lead global expansion
LONDON, UK: Zotefoams, a pioneer in cellular materials technology, has announced the appointment of Ronan Cox as the Group CEO designate. The announcement follows the company’s earlier statement on 7 November 2023. Cox, who brings a wealth of international leadership experience, will join Zotefoams on 2 April 2024 and take his place on the Board…
Fintel Plc acquires majority stakes in ifaDASH, Mortgage Brain
LONDON, UK: Fintel Plc (AIM: FNTL), a leading provider of fintech and support services to the UK retail financial services sector, announced acquisition of 70% of ifaDASH, a reg-tech solution that assists intermediaries with running an efficient, compliant business. Company also announced a new distribution agreement with Mortgage Brain together with a minority investment by…
Distil plc signs UK off-trade partnership with Global Brands
LONDON, UK: Distil plc (AIM: DIS), owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, TRØVE Botanical Vodka and Blavod Black Vodka, announced a new partnership with Global Brands Ltd to supply UK off-trade customers. Global Brands will be servicing Distil’s UK grocery, cash & carry, and convenience customers effective immediately. Utilising…
Henry Boot Plc reports 5.3% increase in revenue in 2023
LONDON, UK: Henry Boot PLC, a prominent player in land promotion, property investment and development, and construction, has released its unaudited results for the fiscal year ending December 31, 2023. Despite a tough economic climate, the company has reported a commendable increase in revenue and continued strategic growth. Financial Performance Highlights: Operational Milestones: Commitment to…
RTC Group Plc reports robust financial growth in 2023
LONDON, UK: RTC Group Plc (AIM: RTC.L), a leading firm in the industry, has released its audited financial results for the year ending December 31, 2023, showcasing significant growth and financial stability. Key Financial Highlights: The Directors have proposed a final dividend of 4.5p per share for 2023, pending shareholder approval at the Annual General…
Impact Healthcare REIT reports 189% increase in profit for 2023
LONDON: Impact Healthcare REIT plc (LON: IHR) has announced its annual results for the year ended 31 December 2023. The real estate investment trust, known for its diversified portfolio of UK healthcare real estate assets, primarily care homes, has reported a significant increase in statutory profit before tax by 189% compared to the previous year….
Satago signs contract with Bank of Ireland Finance
LONDON: TruFin announced that Satago, a leading provider of invoice financing and Lending as a Service software solutions, has partnered with Bank of Ireland Finance to allow small and medium-sized enterprises (SMEs) in Ireland, for the first time, to seek Invoice Finance via Sage Accounting and Sage50 accounting software.Powered by Satago, Sage customers in Ireland…
TRIG sells UK onshore wind farms for £51 million
LONDON: TRIG, a London-listed investment company advised by InfraRed Capital Partners as Investment Manager and Renewable Energy Systems (RES) as Operations Manager, has sold two UK onshore wind farms. TRIG announced the sale of its 100% equity interests in Forss and Little Raith onshore wind farms in the UK for a total consideration of £51…
Aston Martin appoints Adrian Hallmark as its new Chief Executive Officer
LONDON: The Board of Aston Martin today announced the appointment of ultra-luxury automotive leader Adrian Hallmark, who will join Aston Martin as an Executive Director of the Company and its Chief Executive Officer no later than 1 October 2024. Hallmark, aged 61, will join Aston Martin from his recent position as Chairman and Chief Executive…
S-Ventures secures £2 million in new loans amidst strategic financial maneuvers
LONDON, UK: In order to bolster its portfolio of natural, wellness, and food-tech brands, S-Ventures plc has announced securing new loans totaling £2 million. The investment company, known for nurturing promising brands, has obtained £1 million each from Riverfort Global Opportunities plc and Sherwood International Holdings Ltd, the latter being an existing shareholder. The 12-month…