LONDON: Software Circle plc (AIM: SFT) has acquired approximately 95% of the issued share capital of Artificial Intelligence Finance Limited. AIF provides software to mortgage and insurance brokers and lenders in Ireland. The total consideration of up to €9.0m will be satisfied in cash and is structured on a debt free/cash free basis. The acquisition…
Category: London Stock Exchange
News and updates from London Stock Exchange
Clarkson PLC reports resilient interim results amid global uncertainty
Group posted an underlying profit before taxation of £39.4 million, down from £51.5 million in the same period last year LONDON: Clarkson PLC on Monday reported unaudited interim results for the six months ended June 30, 2025, highlighting a resilient performance despite a challenging global economic backdrop. The UK-based shipping services group posted an underlying…
Senior plc reports strong interim results, confirms sale of Aerostructures Division
Company posted revenue of £371.2 million from continuing operations, up 5% LONDON: Senior plc, a global manufacturer of high-technology components and systems, reported robust interim results for the half-year ended June 30, 2025, with performance in line with expectations and strategic progress marked by the agreed sale of its Aerostructures division. The company posted revenue…
BP announces major oil and gas discovery at Bumerangue Prospect offshore Brazil
bp announced an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil LONDON: bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometres (218 nautical miles) from Rio de Janeiro, in a water depth of 2,372 metres. The well was drilled to a total depth of 5,855 metres. The…
Zegona announces FibreCo joint venture in Spain with Vodafone, MasOrange, and GIC
LONDON: Zegona Communications plc (LSE: ZEG) announced Monday that Vodafone Holdings Europe, MasOrange S.L, and global investor GIC Private Markets Pte Ltd have entered into a binding agreement to establish FibreCo, a new fibre network company in Spain. The deal activates a prior agreement signed in January 2025 between Vodafone Spain and MasOrange, aiming to…
Auction Technology Group acquires Chairish LLC for $85 million
LONDON: Auction Technology Group plc (LON: ATG), a leading operator of curated online auction marketplaces, announced Monday the acquisition of Chairish LLC, a premier list-price marketplace for vintage furniture, décor, and art, in a deal valued at $85 million. The acquisition marks a strategic expansion for ATG into the broader Arts & Antiques (A&A) market,…
AIB Group posts €927 million profit in H1 2025, resumes interim dividend
LONDON: AIB Group PLC reported a robust first-half performance for 2025, posting a profit after tax of €927 million and announcing the resumption of its interim ordinary dividend, amounting to €263 million. The bank cited strong lending activity and resilient economic conditions in Ireland as key drivers of growth. New lending rose by €600 million…
Pearson reports steady growth in H1 2025, backed by AI and enterprise expansion
Group sales reached £1.72bn, with growth across most divisions, including a 4% rise in Higher Education and Enterprise Learning & Skills LONDON: Pearson Plc, the global education group, delivered a stable first-half performance, with underlying group sales rising 2% and adjusted operating profit increasing by the same margin to £242m. The company reported strong free…
Melrose Industries reports strong first-half results, eyes £600 million free cash flow by 2029
Melrose boosts adjusted operating profit by 29% in H1 2025, driven by aerospace momentum and transformation gains LONDON: Melrose Industries PLC reported a robust first-half performance for 2025, with adjusted operating profit surging 29% and free cash flow improving by £91 million compared to the same period last year. The aerospace and defense company said…
IMI Plc reports solid first-half performance, reconfirms full-year guidance
IMI delivers 5% profit growth, reaffirming full-year earnings outlook LONDON: IMI Plc reported a resilient financial performance for the first half of 2025, with organic revenue rising 2% and organic adjusted operating profit up 5%, despite foreign exchange headwinds that led to a 1% decline in statutory revenue. The company’s adjusted operating margin improved by…
Newmont sells stake in Orosur Mining to institutional investors
LONDON: Orosur Mining Inc. said Thursday it has been notified that Newmont Mining Corporation has sold its approximately 9.4% stake in the company to several institutional long-term investors. The shares were sold at a price of C$0.19 per common share, according to a statement released by Newmont to the Toronto Stock Exchange after market close…
Cel AI to delist from LSE and seek admission to AQSE Growth Market
LONDON: Cel AI Plc (LSE: CLAI), a U.K.-based AI agent deployment platform with a strategic focus on Bitcoin treasury management, announced Friday its intention to seek admission to the Aquis Stock Exchange Growth Market (AQSE Growth Market), effective Sept. 1. The company also plans to cancel its listing on the London Stock Exchange (LSE), pending…