LONDON: Transense Technologies plc (AIM: TRT), a UK-based provider of specialist sensor systems, reported a 33% rise in annual revenue to £5.55 million for the year ended June 30, 2025, as both its SAWsense and Translogik divisions delivered strong growth. Profit before tax rose 12% to £1.41 million, supported by strategic investments in engineering, manufacturing,…
Category: London Stock Exchange
News and updates from London Stock Exchange
Pantheon Infrastructure commits £30 million to US energy and data centre leader Intersect Power
LONDON: Pantheon Infrastructure PLC, the listed global infrastructure fund, has committed to invest approximately £30 million in energy and data centre developer Intersect Power, through a vehicle managed by Climate Adaptive Infrastructure, a US-based infrastructure investor that has raised and managed over $1.3bn in assets. Intersect, headquartered in California, develops and operates utility-scale and industrial power infrastructure to…
Henry Boot sells construction arm to management-led PWS for £4 million
LONDON: British property and construction group Henry Boot (BOOT.L) said on Tuesday it has agreed to sell its construction division, Henry Boot Construction (HBC), to PWS Construction Limited, a newly formed entity led by HBC’s management team, for an initial consideration of £4.0 million. The deal, funded via a vendor loan note issued by Henry…
Biogen acquires Alcyone Therapeutics for $85 million
LONDON: RTW Biotech Opportunities Ltd, the London Stock Exchange-listed investment company focused on identifying transformative assets with high growth potential across the life sciences sector, announced that Biogen Inc. has entered into a definitive agreement to acquire private portfolio company Alcyone Therapeutics, Inc. (“Alcyone”). Biogen will acquire Alcyone for an upfront cash payment of $85 million plus…
Begbies Traynor Group appoints Mark Fry as Group Chief Executive Officer
LONDON: Begbies Traynor Group plc, the financial and real estate advisory firm, announced that Mark Fry, currently an executive director and head of restructuring and advisory services, has with immediate effect been appointed as Group Chief Executive Officer (CEO), a newly created role on the Group board. The Group has grown significantly over the last…
Serco appoints Michael LaRouche as CEO of North American division
LONDON: Serco, the international provider of critical services to governments announced the appointment of Michael LaRouche as Chief Executive Officer (CEO) of Serco’s North American division effective 1 October 2025. With over 30 years of business and engineering leadership across defence and adjacent sectors for both US and international customers, Michael brings deep expertise to…
B.P. Marsh acquires 35% stake in UK insurance start-up Salus
LONDON: B.P. Marsh & Partners Plc (AIM: BPM), a specialist private equity investor in early-stage financial services firms, said on Monday it has acquired a 35% Cumulative Preferred Ordinary shareholding in Salus, a newly launched UK-based insurance intermediary group focused on Professional Indemnity insurance. The investment includes up to £2 million in funding, structured as…
Oberon to acquire WH Ireland’s wealth management business for £1 million
LONDON: Oberon Investments Ltd, a boutique wealth management and corporate broking firm, said on Monday it has agreed to acquire the wealth management division of WH Ireland Ltd for £1 million in cash. The deal, structured as a conditional asset purchase agreement, is expected to transfer approximately £850 million in client assets under administration to…
Wilmington plc reports double-digit revenue and profit growth, announces €121.6 mln Conversia acquisition
Adjusted profit before tax from ongoing operations rose 18% to £28.4 million LONDON: Wilmington plc (LSE: WIL), a provider of data, education and compliance services in global Governance, Risk and Compliance (GRC) markets, reported an 11% rise in annual revenue to £99.5 million for the year ended June 30, 2025, driven by broad-based growth across…
Creo Medical posts 40% revenue growth, narrows losses in H1 2025
Revenue for the six months ended June 30 rose to £2.2 million from £1.6 million a year earlier LONDON: Creo Medical Group plc (AIM: CREO), a UK-based medical device company specializing in minimally invasive surgical endoscopy, reported a 40% rise in first-half revenue, driven by increased clinical adoption of its core product portfolio. Revenue for…
Elixirr acquires US consultancy TRC Advisory in $125 million deal to expand global footprint
LONDON: Elixirr International plc (ELIX.L), a UK-based challenger consultancy, said on Monday it has acquired TRC Advisory LLC, a fast-growing US consultancy focused on growth strategy and commercial effectiveness, for up to $125 million. The deal, which includes performance-based top-up and earn-out payments, will be settled through a mix of cash and newly issued ordinary…
Hellenic Telecommunications sells Telekom Romania Mobile Communications for €70 million
LONDON: Hellenic Telecommunications Organization S.A. (OTE) has signed binding agreements with Vodafone Romania S.A. and Digi Romania S.A. for the disposal of its 100% stake in Telekom Romania Mobile Communications (TKRM) following the approval by the Romanian Competition Commission in July 2025. Accordingly, TKRM will transfer to Digi the prepaid business, certain spectrum rights and…