|
The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: ---------- Franklin Global Trust PLC - Edinburgh-based investor formerly known as Martin Currie Global Portfolio Trust PLC - Instructs alternative investment fund manager Franklin Templeton Investment Trust Management Ltd to not make any new investments in stocks or non-cash assets. Should it sell any assets, the cash is to be reinvested in the iShares MSCI ACWI UCITS exchange traded fund. This is in ‘order to maintain market exposure in line with FRGT’s benchmark which is the MSCI All Country World Index’. The intention of the move to not make any more investment is to reduce risk ahead of a tie-up with Invesco Global Equity Income Trust PLC. The duo announced a deal back in November. ---------- Plaza Centers NV - property developer and investor with a focus on operations in central and eastern Europe - Expects a tribunal award from the International Centre for the Settlement of Investment Disputes related to a dispute with Romania ‘in the course of February or early March 2026’. The case is related to the Casa Radio, a failed project in Romania. Back in November, Plaza noted that concerning a London Court of International Arbitration case initiated by Romania, a further version of the statement of claim was released, providing a ‘different formulation of the relief sought by Romania’. In October, Romania claimed alleged losses of around €2 billion. The ICSID arbitration was initiated by Plaza against Romania. ---------- Bluebird Mining Ventures Ltd - gold development company - Raises £130,000 in retail offer of 86.7 million shares at price of £0.0015 each. In total, it raises £730,500 from a placing, subscription and the retail offer. ---------- Rockhopper Exploration PLC - oil and gas exploration and production company with interests in the Falkland Islands - Rockhopper raises £6.9 million from an open offer. It receives valid acceptances of just under 102.0 million shares under the open offer, markedly above the 13.2 million available, so some saw their applications scaled back. ---------- Kosmos Energy Ltd - oil and gas assets in Africa, North America - Prices $350 million 11.25% senior secured bonds due 2031. Bonds will be on the Nordic market. ‘Kosmos intends to use the net proceeds from the offering to fund the tender offer for up to $250 million aggregate principal amount of its 7.750% senior notes due 2027,’ Kosmos adds. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
|