LONDON: Riverstone Energy Limited reported a profit of $3 million for the half year ended June 30, 2025, as the company prepares for a managed wind-down following shareholder approval earlier this month. The company’s net asset value (NAV) stood at $372 million (£271 million), with NAV per share rising 2% in USD terms to $15.11,…
Category: London Stock Exchange
News and updates from London Stock Exchange
Vector Capital to acquire Showpad, merge with Bigtincan
CHICAGO: Vector Capital Management, L.P., a private equity firm specializing in transformational investments in technology, announced Wednesday it has entered into a definitive agreement to acquire Showpad, a global leader in AI-powered revenue enablement. The acquisition will pave the way for a merger between Showpad and Bigtincan Holdings, which Vector acquired in April. The combined…
Hochschild Mining reports strong interim results, revises full-year guidance
Basic earnings per share climbed to $0.18, up from $0.08 a year earlier LONDON: Hochschild Mining PLC (LSE: HOC, OTCQX: HCHDF) reported a 33% surge in revenue to $520 million for the first half of 2025, driven by higher production and improved pricing. Adjusted EBITDA rose 27% to $224.5 million, while profit before income tax…
Zenith Energy expands Italian solar portfolio with second agrivoltaic acquisition in Lazio
LONDON: Zenith Energy Ltd. (LSE: ZEN; OSE: ZENA) announced Wednesday the acquisition of a second agrivoltaic solar energy development project in Italy’s Lazio region, strengthening its footprint in one of the country’s most strategic areas for renewable energy. The acquisition includes 10 hectares of farmland designated for a 5-megawatt peak (MWp) agrivoltaic installation. The €650,000…
Hydropulse and ABO Energy partner to accelerate green hydrogen deployment in Europe
LONDON: Hydropulse, the newly launched build-own-operate subsidiary of ITM Power plc, has entered into a strategic partnership with ABO Energy, a global renewable energy developer, to fast-track green hydrogen projects across Europe. The collaboration aims to combine ABO Energy’s industrial offtaker network and international development pipeline with Hydropulse’s modular hydrogen production capabilities, powered by ITM’s…
MTI Wireless Edge reports strong H1 2025 performance, driven by defence and 5G growth
The company posted an 8% rise in revenue to $24.1 million, up from $22.3 million in H1 2024 LONDON: MTI Wireless Edge Ltd (AIM: MWE), a leading provider of communication and radio frequency solutions, reported robust financial results for the six months ended June 30, 2025, with growth across all core divisions. The company posted…
Checkit plc narrows losses, boosts margins in H1 FY26 amid cost cuts and AI-driven efficiency
Annual Recurring Revenue (ARR) grew 3% to £14.0 million on a constant currency basis LONDON: Checkit plc (AIM: CKT), a provider of automated operational monitoring solutions, reported a significantly improved financial performance for the six months ended July 31, 2025, driven by cost reductions and increased use of artificial intelligence in product development. The company…
Halma acquires Brownline for €150 million to bolster infrastructure technology portfolio
LONDON: Halma Plc (HLMA.L), the global group of life-saving technology companies, announced on Tuesday that it has acquired Brownline, a Netherlands-based provider of gyroscopic locating systems, for €150 million (approximately £129 million) in cash. The acquisition, funded from Halma’s existing facilities on a cash- and debt-free basis, is a strategic move to expand the company’s…
Bunzl expands global footprint with four strategic acquisitions across Spain, Mexico, Brazil, and Chile
LONDON: Bunzl plc, the specialist international distribution and services group, announced Tuesday the completion of four acquisitions, including two previously disclosed deals, as part of its ongoing global expansion strategy. In July, Bunzl finalized the acquisition of Quindesur, a Spanish distributor of foodservice and cleaning & hygiene products with a strong presence in Southern Spain….
Cloudbreak Discovery finalizes sale of U.S. assets to G2 Energy Corp
LONDON: Cloudbreak Discovery Plc (LSE: CDL) has finalized the sale of its U.S. assets to G2 Energy Corp., executing definitive contracts for the Masten Unit Energy Project in Texas, the company announced Friday. Under the terms of the agreement, Cloudbreak will receive £50,000 upon signing and an additional £50,000 over the next five months. The…
Shield Therapeutics reports strong H1 2025 results; Eyes cash flow positivity by year-end
LONDON: Shield Therapeutics plc (LSE: STX), a commercial-stage pharmaceutical company focused on iron deficiency, reported a sharp rise in revenues and prescription sales for the first half of 2025, as its flagship product ACCRUFeR® gained traction across key markets. Group revenues surged to $21.4 million, up 1.8 times from $12.1 million in H1 2024, driven…
Ikigai Ventures signs £67 million deal to acquire Dotlines Group and Audra Solutions
LONDON: Ikigai Ventures Limited (LSE: IKIV), a special purpose acquisition company targeting high-growth, scalable businesses, said Thursday it has entered into conditional, non-binding heads of terms to acquire Dotlines Global Plc and Audra Solutions Limited for approximately £67 million. The proposed acquisition, subject to due diligence and execution of definitive agreements, will be satisfied through…