WARSAW: DP Poland, the operator of Domino’s Pizza stores in Poland and Croatia, has acquired Pizzeria 105, a franchised quick-service pizza chain with 90 locations across Poland, for 42.3 million Polish złoty (about £8.5 million). The seller, Marcin Ciesielski, will reinvest one-third of the proceeds—approximately 13.4 million złoty (£2.7 million)—into DP Poland by purchasing 23.6 million new…
Category: London Stock Exchange
News and updates from London Stock Exchange
CLS sells Spring Mews Student for £101.1 million
LONDON: CLS Holdings Plc announced that it has unconditionally exchanged on the sale of its student accommodation asset, Spring Mews Student, located in Vauxhall, London, to Rosethorn Capital Partners and Barings for £101.1 million in net cash consideration. The transaction, which aligns with the December 31, 2024, valuation, represents an 8.1% increase from the 2023 year-end valuation….
AJ Bell to sell AJ Bell Platinum to InvestAcc for £25 million
LONDON: AJ Bell plc has agreed to sell its Platinum SIPP and SSAS business (AJ Bell Platinum), part of its non-platform business, to InvestAcc Group Limited for a total consideration of up to £25.0 million. The Consideration will comprise £18.5 million upon completion; made up of £17.5 million in cash and £1.0 million in new InvestAcc shares,…
Brave Bison acquires Builtvisible Holdings for £3.5 million
LONDON: Brave Bison, the digital media, marketing and technology company, has entered into a binding agreement to acquire entire issued share capital of Builtvisible Holdings Limited for a total consideration of up to £3.5 million. Builtvisible was established in 2009 and has grown into a leading performance marketing agency specialising in organic performance strategies through the…
Babcock secures £1 billion contract extension with UK Ministry of Defence
LONDON: Defence company Babcock International Group has clinched a five-year contract extension worth approximately £1 billion with the UK Ministry of Defence (MOD), reinforcing its strategic partnership with the British Army. The contract, a continuation of the Defence Support Group (DSG) Service Provision and Transformation Contract (SPTC), is set to enhance the Army’s operational readiness by providing…
Supersearch Plus debuts on AQSE Growth Market
LONDON: Supersearch Plus plc, a Hong Kong-based frozen seafood importer and wholesaler, commenced trading its entire issued share capital of 22,785,583 ordinary shares on the Access segment of the Aquis Stock Exchange Growth Market (AQSE Growth Market) today. Trading began at 8:00 a.m. UK time under the ticker symbol SUP and ISIN number GB00BV4DNS07. The company, advised…
Drax Group offers to acquire Harmony Energy Income Trust in £199.9 million deal
LONDON: Drax BESS Holdco Limited, a wholly owned subsidiary of Drax Group plc, has agreed to acquire Harmony Energy Income Trust Plc (HEIT) in a recommended cash deal valued at approximately £199.9 million. Under the terms of the acquisition, HEIT shareholders will receive 88 pence per share, representing a 35% premium over HEIT’s closing price of 65.2…
Ibstock plc appoints Richard Akers as Chair
LONDON: Ibstock plc, a prominent UK manufacturer of building products and solutions, has announced that Richard Akers will join the company as Non-Executive Director and Chair Designate, effective May 5, 2025. Akers will succeed Jonathan Nicholls as Chair following the conclusion of the company’s Annual General Meeting (AGM) on May 15, 2025. Nicholls, who has been…
EKF Diagnostics Holdings appoints Gavin Jones as CEO
LONDON: EKF Diagnostics Holdings (AIM: EKF), the AIM-listed global diagnostics business, announces the appointment of Gavin Jones as Chief Executive Officer and to the EKF Board, with immediate effect. Gavin previously served as Chief Product Officer at EKF and has extensive industry experience in Analytical Chemistry and Diagnostics. Julian Baines will remain as Executive Chair for the foreseeable…
Ithaca Energy to acquire JAPEX UK E&P for $193 million
LONDON: Ithaca Energy, a leading UK independent production and growth company, has signed a sale and purchase agreement to acquire the entire issued share capital of JAPEX UK E&P Limited (JUK) from Japan Petroleum Exploration Co. for an enterprise value of US$193 million based on an effective date of 1 January 2024. JUK holds a 15%…
Conygar Investment sells Anglesey assets to Stena Line Ports for £6.6 million
LONDON: The Conygar Investment Company has announced the sale of its development land at Holyhead Waterfront and Parc Cybi, located in Anglesey, Wales, to Stena Line Ports Limited. The transaction, which includes an adjoining seabed at Holyhead, is set to be completed on March 28, 2025. The sale will generate net proceeds of £6.6 million after costs,…
Argo Blockchain Names Justin Nolan as CEO
LONDON: Argo Blockchain plc (LSE: ARB; NASDAQ: ARBK) announced Monday the appointment of Justin Nolan as chief executive officer and director, effective March 22, 2025. Nolan, formerly CEO of Arkon Energy, brings extensive experience in the digital infrastructure and cryptocurrency mining sectors. He previously served as Argo’s chief growth officer, where he spearheaded the development of the…