|
The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: ---------- Shawbrook Group PLC - digital banking platform - Announces the successful completion of its Ealbrook Mortgage funding 2025-1 PLC transaction, a £325 million securitisation of loans originated by Bluestone Mortgages Ltd. The transaction represents the third BML transaction under the Ealbrook shelf and is the twelfth securitisation Shawbrook has completed to date. The £39 million Class B to X Notes as well as the residual certificates were pre-placed, with Shawbrook retaining the £293 million Class A Notes. The securitised pool is comprised of mostly owner-occupied loans secured against properties in England, Wales and Scotland. The transaction will support the group’s targeted growth trajectory, capital management and funding strategy. ‘The completion of Ealbrook Funding 2025-1 confirms our ability to raise funding efficiently through the wholesale markets and provides further diversification to the group’s funding base, further strengthening both our liquidity and capital position,’ company says. ---------- Property Franchise Group PLC - Bournemouth, England-based property franchisor and financial services provider - Reports trading update for the year ending December. Reports significant organic growth during the period, with full year adjusted pretax profit expected to be at least in line with market expectations of £30.0 million. Second half trading continues to deliver good growth across the group with revenue to October 31 up 11% on-year, supported by progress in strategic projects, the Privilege programme - a set of lettings focused initiatives to support landlords and tenants - and strong mortgage and sales transactions, despite the speculation around potential changes to stamp duty and property taxes more widely during the period. ---------- ASA International Group PLC - international microfinance firm - Says underlying and reported net profit for 2025 will ‘significantly exceed’ the current company-compiled market consensus of $48.3 million. It says this builds on the ‘sustained performance’ of the first half of the year. It notes ‘improved business and financial performance driven by continued strong client demand and loan portfolio growth’. ---------- Morgan Advanced Materials PLC - Windsor England-based manufacturer of carbon and ceramic materials - Holds strategy update with analysts and investors at which it outlines a strategy for sustainable growth. Company intends to pause its buy-back programme on completion of the second tranche as part of a focus on balance sheet resilience. Sets out priorities for above market organic revenue growth; attractive margins; achieving sustained growth in adjusted earnings per share, ahead of organic revenue growth; sustaining return on invested capital; and maintaining, then growing dividends with target dividend cover of 2.5 times. ‘Morgan is an exciting innovative company with distinctive capabilities and competitive advantages that give us a decisive right to win across our diverse markets. However, we have not been delivering to our ambition or to our full potential,’ company says. ---------- Digitalbox PLC - Bath, England-based digital media company and owner of brands such as Daily Mash, Tab and TV Guide - Expects Ebitda in 2025 to be significantly ahead of market expectations of £200,000 and revenue to be broadly in line with the market expectations for £4.1 million. Says trading across Digitalbox’s brands in the second half of 2025 has remained robust against a challenging landscape for media companies. Overall, Digitalbox’s established brands have performed well alongside the expansion of TV Guide and success with investments in new brands, Reality Shrine and Royal Insider, leading to a more positive performance than expected in 2025. ‘We remain confident in the full year outturn looking at December’s trading. This is at a time that we are continuing to develop the business through launching new products while we remain alive to consolidation and acquisition opportunities that can maximise shareholder value,’ company says. ---------- Medpal AI PLC - London-based digital health and AI company focused on wellness management - Provides a trading update on its pharmacy operations for November and also announces that its wholly owned subsidiary, MedPal Limited has deployed Google Cloud’s Vertex AI platform on WhatsApp Business. During November, MedPal Ltd processed 28,789 prescription orders through its automated pharmacy operations, with an average item value of £9.72, representing £280,000 of revenue. This represents strong month-on-month growth of more than 90% and demonstrates the increasing demand for the company’s AI-enhanced pharmacy services, the company says. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
|