Market news

UPDATE: AdvancedAdvT will not increase bid for M&C Saatchi

AdvancedAdvT Ltd - London-based acquisition vehicle - Announces that its current offer for London-based advertising agency M&C Saatchi PLC - where for each share held...

Fri, 20/05/2022 - 19:33

IN BRIEF: Pan-European's bid for Stagecoach becomes unconditional

Stagecoach Group PLC - Perth, Scotland-based transport provider - Pan-European Infrastructure III SCSp, an infrastructure fund managed by DWS Infrastructure, receives acceptances from 363.9 million...

Fri, 20/05/2022 - 18:30

Power Metal Resources identifies rare element at Selta Project

Power Metal Resources PLC on Friday said its subsidiary First Development Resources has ‘identified compositionally similar granites over both the Nolan's Bore deposit and the...

Fri, 20/05/2022 - 18:03

IN BRIEF: Bank of Cyprus shareholders vote to kick out two directors

Bank of Cyprus Holdings PLC - Strovolos, Cyprus-headquartered financial services firm - At annual general meeting, Maksim Goldman and Michael Heger have not been re-elected...

Fri, 20/05/2022 - 17:57

IN BRIEF: Kibo Energy issues shares to pay off outstanding loan

Kibo Energy PLC - group with energy projects in Africa and UK - Issues 56.1 million shares at a price of 0.16 pence each to...

Fri, 20/05/2022 - 17:44

LONDON MARKET CLOSE: Higher close as M&A activity takes centre stage

Stocks in London ended a turbulent week on a bright note, initially flared by a rate cut in China, and strong M&A activity as THG...

Fri, 20/05/2022 - 17:05

UK earnings, trading statements calendar - next 7 days

Monday 23 May 
Big Yellow Group PLCFull Year Results
CentralNic Group PLCTrading Statement
Kainos Group PLCFull Year Results

Fri, 20/05/2022 - 16:02

IN BRIEF: Grit Real Estate invites Letlole to co-invest in facility

Grit Real Estate Income Group Ltd - pan-African property investment and management - Introduces Letlole La Rona Ltd as 30% co -investor to Grit's industrial...

Fri, 20/05/2022 - 15:59

Tungsten Corp shares rise on acceptance of raised Kofax offer

Tungsten Corp PLC on Friday said it now recommends that shareholders accept the increased offer by Kofax Parent Ltd, which values the company at £70.6...

Fri, 20/05/2022 - 15:58

IN BRIEF: ICG-Longbow net assets fall on Covid-19 related issues

ICG-Longbow Senior Secured UK Property Debt Investments Ltd - UK real estate debt-related investor - net asset value per share as at January 31 falls...

Fri, 20/05/2022 - 15:07