News and updates from London Stock Exchange
LONDON: The energy price cap is set to increase by 6.4% from April, the UK’s energy regulator Ofgem announced on Tuesday. This adjustment will be in effect for the period covering April to June 2025. According to Ofgem, the main…
LONDON: Staffline Group (AIM: STAF.L), the recruitment and training group, has disposed of its wholly owned subsidiary, PeoplePlus Group Limited to Talent International (UK) Limited, a wholly owned subsidiary of Swipejobs Holdings, for cash consideration of £12.0m, which includes £2.0m…
LONDON: EnergyPathways (AIM: EPP), an energy transition company, has announced significant progress on its MESH energy storage project, aligning with the UK government’s ambitious “Clean Power by 2030” target. The UK government aims to secure the nation’s power supply through…
LONDON: National Grid plc announced today that it has reached an agreement to sell its National Grid Renewables U.S. onshore renewables business to Brookfield Asset Management and its institutional partners, including Brookfield Renewable Partners. The terms of the transaction imply…
LONDON: Solvonis Therapeutics plc announced Monday it has entered into an arrangement agreement to acquire Awakn Life Sciences Corp. The acquisition involves all issued and outstanding common shares, restricted share units, and deferred share units of Awakn. Solvonis will issue…
LONDON: XPS Pensions Group has entered into an agreement to acquire the entire issued share capital of Polaris Actuaries and Consultants Limited, a highly regarded UK insurance consultancy business with a blue chip client base. The acquisition will materially accelerate…
LONDON: Centrica announces that it has entered into a major Sale and Purchase Agreement (“SPA”) with Petrobras, the leading Brazilian integrated oil & gas company. The contract provides for the purchase by Petrobras of 0.8 million tons per annum (MTPA)…
LONDON: ECO Animal Health Group plc (AIM: EAH), a global animal health company with a growing portfolio of veterinary products, announced the sale of non-core product lines to its South African distribution partner for £491,000. ECO, which focuses on disease…
LONDON: Vinanz Limited, a London Stock Exchange Main Board Listed Bitcoin mining company with operations in the U.S. and Canada, has announced its first-ever order of U.S.-made Bitcoin miners, manufactured and supplied by California-based Auradine Inc. The initial trial order…
LONDON: Pharo Energy plc, an independent energy company with operations in Vietnam and Egypt, announced on Wednesday the signing of a non-binding Memorandum of Understanding (MOU) with the Egyptian General Petroleum Corporation (EGPC). This MOU, in collaboration with IPR Lake…
LONDON: Equipmake, a leading company in electrification technologies for the automotive, truck, bus, and specialty vehicle industries, announced Tuesday that it has signed a development agreement with British multinational manufacturer J.C. Bamford Excavators Limited (JCB). JCB is renowned for its…
LONDON: Alkemy Capital Investments plc (LSE: ALK) (JV2:FRA), the 100% owner of Tees Valley Lithium (TVL), has announced the appointment of Vikki Jeckell as Chief Executive Officer of TVL. In conjunction with this leadership transition, TVL has officially commenced its Front-End Engineering…