LONDON: Begbies Traynor Group plc (AIM: BEG), a leading financial and real estate advisory firm, announced its final results for the year ended April 30, 2025, marking a decade of profitable growth and surpassing market expectations across key financial metrics. Financial Performance Operational Highlights The group reported strong performances across both its core divisions: - Business…
Category: London Stock Exchange
News and updates from London Stock Exchange
MobilityOne reports 2024 financial results amid market challenges
LONDON: MobilityOne Limited (AIM: MBO), a leading provider of e-commerce infrastructure payment solutions and platforms, announced its audited financial results for the year ended December 31, 2024, revealing a decline in revenue and an increased net loss amid softening demand in its core Malaysian market. The company reported a 4.74% drop in revenue to £230.23…
SIG Plc appoints Pim Vervaat as CEO and chair designate
LONDON: SIG plc announced Tuesday the appointment of Pim Vervaat as its new Chief Executive Officer and Chair designate, effective Oct. 1, 2025. Vervaat will succeed Gavin Slark, who formally stepped down from the board and was placed on garden leave until the end of the year. The leadership transition is part of SIG’s long-term…
Brillian UK’s acquisition of Trakm8 Holdings secures court approval
LONDON: The High Court of Justice in England and Wales has sanctioned the proposed acquisition of Trakm8 Holdings plc by Brillian UK Limited, clearing the way for the deal to become effective next week. The acquisition, first announced on May 1, 2025, involves Brillian UK—a company within the Omegro portfolio and wholly owned indirectly by…
Dunelm Group appoints Clodagh Moriarty as CEO; Succeeding Nick Wilkinson
LONDON: Dunelm Group plc, the UK’s leading homewares retailer, announced Monday the appointment of Clodagh “Clo” Moriarty as its new Chief Executive Officer, effective Oct. 1, 2025. Moriarty will succeed Nick Wilkinson, who previously informed the board of his intention to retire after seven years at the helm. Wilkinson will remain in his role through…
South32 agrees to sell Cerro Matoso to CoreX in nickel market restructuring
SYDNEY: South32 Limited (ASX/LSE/JSE: S32; ADR: SOUHY) has signed a binding agreement to sell its Cerro Matoso nickel operation to a subsidiary of CoreX Holding B.V., marking a strategic shift amid structural changes in the nickel market. Under the deal, CoreX will assume economic and operational control of Cerro Matoso, including all current and future…
Old Mutual appoints Prabashini Moodley as CEO of new Life and Savings segment
JOHANNESBURG: Old Mutual has appointed Prabashini Moodley as Chief Executive Officer of its newly configured Life and Savings segment, effective Aug. 1, 2025, the company announced Monday. Moodley, a seasoned executive with over two decades at Old Mutual, will report directly to Group CEO Jurie Strydom. The Life and Savings segment will comprise four business…
Guardian Metal expands Nevada Tungsten portfolio with new Pilot North Project
LONDON: Guardian Metal Resources plc (LON:GMET, OTCQB:GMTLF), a mineral exploration company focused on tungsten development in Nevada, has acquired 59 new mining claims in the Walker Lane Mineral Belt, forming the Pilot North Tungsten Project. The newly staked claims, located roughly 15 kilometers northwest of the company’s flagship Pilot Mountain Project, encompass three historical tungsten…
Pinewood Technologies to acquire Southern Africa SaaS assets from Motify Group for £2.5 million
LONDON: Pinewood Technologies Group, a leading cloud-based software provider for the automotive retail industry, announced Monday it has agreed to acquire key assets of the Pinewood Dealer Management System business from entities within the Motify Group (collectively known as PWSA) for £2.5 million in cash. The acquisition, made through Pinewood’s wholly owned South African subsidiary,…
Empresaria Group receives takeover offer from consortium backed by majority shareholder support
LONDON: Empresaria Group plc (AIM: EMR), a global specialist staffing firm, confirmed it has received an unsolicited indicative takeover proposal from Planmatics Limited, a newly formed entity controlled by a consortium of investors. The consortium — comprising Peter Gregory, Nigel Marsh, and Ashok Vithlani — has proposed to acquire the entire issued and to-be-issued share…
Vault Ventures completes acquisition of UK AI firm System7
LONDON: Vault Ventures Plc (AQSE: VULT), a publicly traded technology development company focused on blockchain, artificial intelligence and augmented reality, has completed its acquisition of System7, a UK-based AI development agency. Vault Ventures said Wednesday that the transaction follows a share purchase agreement signed after the initial announcement on June 30. The total consideration for…
Athora to acquire Pension Insurance Corporation Group for £5.7 billion
LONDON: Athora Holding Ltd., a pan-European savings and retirement services provider, announced Thursday it will acquire Pension Insurance Corporation Group Ltd. (PICG), the parent company of Pension Insurance Corporation plc (PIC), for approximately £5.7 billion. According to a statement, the transaction marks a significant shift for PIC, which will, for the first time in its…