News and updates from London Stock Exchange
LONDON: Drax Power Limited has entered into a 20-year joint venture agreement with Power Minerals Limited (PML) to establish a cutting-edge facility for processing pulverised fuel ash (PFA) into supplementary cementitious material (SCM). This innovative material will lower the carbon footprint of…
Block Energy plc (AIM: BLOE), a production and development company, has acquired a 10% participating interest in the XIQ Production Sharing Contract (PSC) in Georgia, with the option to increase its stake to 22%, the company announced Thursday. The XIQ licence…
LONDON: Somero Enterprises has announced the appointment of Tim Averkamp as its new Chief Executive Officer, effective April 1, 2025. The decision follows a comprehensive selection process to identify the ideal candidate for the role. Averkamp brings three decades of international…
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…
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…
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…
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…
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…
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…
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…
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…
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…