LONDON: Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, announced that its 48.35% owned battery recycling business, Recyclus Group, has signed an agreement with UK-based shared sustainable transport operator, Beryl, to recycle waste lithium-ion (“Li-ion”) batteries from its fleet of e-bikes and e-scooters….
Category: London Stock Exchange
News and updates from London Stock Exchange
Chariot Limited announces strategic review of its Transitional Power Division
LONDON: Chariot Limited (AIM: CHAR), a company at the forefront of Africa’s transitional energy sector, has declared the commencement of a strategic review for its Transitional Power division. This division is dedicated to delivering sustainable power and water solutions across Africa, with a particular emphasis on renewable energy projects and electricity trading. Since its inception…
Playstack’s Balatro: A Million Milestone in Gaming
Playstack is the esteemed UK games publisher and proud member of the TruFin family. Their latest gaming sensation, Balatro, has shattered records, achieving a staggering one million unit sales shortly after its release, marking it as the company’s quickest selling game ever. Released across multiple platforms including PC, PlayStation 5, PlayStation 4, Xbox Series X|S,…
Witan Investment Trust CEO, Andrew Bell, to retire
LONDON: Witan Investment Trust plc has announced that its CEO, Andrew Bell, plans to retire within the next year. In light of this, the Board is seizing the chance to reassess the trust’s investment management strategy and is open to receiving new proposals for managing its portfolio. Chairman Andrew Ross reflects on Witan’s strategic evolution…
Metals Exploration appoints Nick von Schirnding as Chairman of the company
LONDON, UK: Metals Exploration plc (AIM: MTL), a gold producer in the Philippines, announced the appointment of Nick von Schirnding as Chairman of the Company with immediate effect. Steven Smith, the Company’s current Interim Chairman, will remain on the Board and resume his role as a Non-Executive Director. Mr von Schirnding, has over thirty years’…
Oakley Capital agrees to acquire Horizons Optical
LONDON, UK: Oakley Capital Origin Fund I has agreed to acquire Horizons Optical, a provider of medical software used to make premium spectacle lenses. Oakley Capital Origin Fund is acquiring a majority stake in the business alongside CEO Santiago Soler, who will retain a significant share in the business and will continue to lead Horizons….
Supernova Digital Assets has acquired Hyperslot in a share exchange deal
LONDON, UK: Supernova Digital Assets (AQSE: SOL), a company specialising in the Solana ecosystem, has acquired the entire issued share capital of Hyperslot PTE Limited for a total consideration of £225,000, which is to be satisfied with the issue of 150,000,000 new Supernova Shares of £0.001 each in the company at an issue price of…
Capital Metals secures strategic investment from Sheffield Resources
LONDON: Capital Metals, the company behind the Eastern Minerals Project in Sri Lanka, has announced a strategic partnership with Sheffield Resources Limited. Sheffield, co-owner of the Thunderbird mineral sands mine, has acquired a 10% stake in Capital Metals and has been granted an option to increase its interest to 50% through project funding. The deal…
Vodafone Group restructures portfolio and capital allocation
LONDON: Vodafone Group Plc has finalized its portfolio restructuring, initiated in May 2023, with the sale of its Italian operations to Swisscom AG. This move follows the divestiture of Vodafone Spain and the merger of Vodafone UK with Three UK, allowing Vodafone to concentrate on growth markets in Europe. The company’s strategic shift includes a…
Henderson’s European Focus Trust and EuroTrust to merge, creating Henderson European Trust plc
LONDON: Henderson European Focus Trust plc (HEFT) and Henderson EuroTrust plc (HNE) have announced their intention to merge, creating a new investment powerhouse: Henderson European Trust plc (the “Combined Trust”). This merger is poised to establish an enlarged flagship European investment trust, with management helmed by the seasoned European equities team at Janus Henderson Investors….
Autolus Therapeutics reports financial growth amidst rising R&D costs
LONDON: In a company announcement, Autolus Therapeutics plc (Nasdaq: AUTL), a trailblazer in programmed T cell therapies, has released its operational and financial results for the year ending December 31, 2023. The company, which is in the clinical stage, revealed a cash reserve of $239.6 million, a notable decrease from the previous year’s $382.4 million….
Burford Capital posts 19x growth in earnings per share to $2.74 in 2023
LONDON, UK: Burford Capital Limited, a premier global finance firm specializing in law, has reported its full-year results for 2023, showcasing significant gains across the board. Christopher Bogart, Chief Executive Officer of Burford Capital, commented: “Burford had an extraordinary year. Our earnings per share rose 19x to $2.74, driven by a tripling of consolidated total…