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The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: ---------- Cloudcoco Group PLC - Sheffield-based e-commerce and IT procurement group - Revenue in year to September 30 falls to £9.6 million from £27.5m last year, but swings to £2.6 million profit from a loss of £3.2 million. The lower revenue reflects the disposal of legacy managed services businesses. Chair Simon Duckworth calls 2025 ‘transformational’. Adds: ‘The successful disposal of our legacy managed services businesses has allowed us to eliminate debt, strengthen the balance sheet and reposition the group around a simplified, scalable e-commerce and IT procurement model.’ Despite this, underlying trading business ‘has shown improving momentum, exiting the year with a run-rate approaching £10 million,’ Chair Duckworth says. ‘With a lean cost base, growing WebStore platform, and the recent launch of Project Brightstar to accelerate B2B growth, we believe the group is now well positioned to scale revenues, improve margin quality and move towards sustainable profitability.’ ---------- Ikigai Ventures Ltd - special purpose acquisition company focused on Asia and Europe - First half operating loss widens to £478,351 from £236,753 a year ago. During the period, enters into heads of terms for an acquisition of Dotlines Global and Audra Solutions, which would constitute a reverse takeover. Comments: ‘Since signing the heads of terms, the company has worked with the management teams of Dotlines Global and Audra Solutions, together with its advisers, to progress the financial, legal and regulatory workstreams required to complete the transaction and prepare the enlarged group for admission. Since the period end, the company has continued to make progress across the remaining workstreams.’ On March 27, Ikigai announced its intention to move its listing to AIM from the London Main Market. ---------- Plaza Centers NV - property developer and investor with a focus on operations in central and eastern Europe - 2025 pretax loss narrows to €18.0 million from €28.1 million a year ago. This is mainly due to foreign exchange losses on bonds, interest expenses accrued on debentures, translation differences from the realization of foreign operations, and administrative and legal expenses. Basic and diluted loss per share is €2.63, improved from €4.10 loss per share last year. Executive director Ron Hadassi says: ‘The company continues to actively pursue all necessary actions in relation to the Casa Radio Project. The company has initiated arbitration proceedings against Romania before the International Centre for Settlement of Investment Disputes seeking compensation for losses incurred as a result of the Romanian authorities’ failure to comply with their contractual obligations...In parallel, the company is defending its position in [London Court of International Arbitration] proceedings initiated by Romania in relation to the Casa Radio Project and continues to reject all claims while pursuing its counterclaims.’ Also, warns that it is unable to service its debt under the current bond repayment schedule. As such it intends to request a further postponement of the repayment date, though notes it is uncertain whether bondholders will approve. In this case, says it ‘would not be in a position to settle those claims and would need to enter [into] an additional debt restructuring or might cease to be a going concern.’ ---------- Resolute Mining Ltd - Perth, Australia-based and Africa-focused gold miner - Signs memorandum of understanding with Guinean state-owned Nimba Mining Company SA regarding the potential co-development of gold projects. Says the partnership ‘represents a significant milestone in advancing mineral exploration and development activities within one of West Africa’s most prospective gold regions.’ The partnership will focus on jointly assessing mineral resources, conducting comprehensive geological studies, and developing strategic frameworks for potential large-scale gold production operations. Both companies bring extensive expertise in mining operations, development and exploration. The memorandum represents NMC’s first collaboration with an international listed company operating in the gold sector. ---------- Lift Global Ventures PLC - Financial media and energy sector focused investor - First half revenue falls to £197,797 from £204,853 a year ago, bringing its pretax loss to £123,608 from £5,519. Notes new focus on ‘applied AI opportunities across a range of sectors, including healthcare, financial services, manufacturing and creative industries.’ Adds: ‘The board’s approach is to prioritise businesses with clearly defined use cases, defensible intellectual property and identifiable routes to revenue generation. In particular, the company is focused on opportunities where AI is being deployed to deliver measurable operational or commercial impact, rather than speculative or purely conceptual technologies.’ As at December 31, cash reserves total £198,597 with no debt. Looking ahead, says: ‘The board believes that the company is now positioned to pursue a focused strategy in applied artificial intelligence, while maintaining a disciplined approach to capital allocation and risk. We remain committed to acting in the best interests of shareholders as a whole and to progressing the company’s strategy through appropriate governance and market processes.’ On Monday, Saqib Ahmed Mir steps down as CEO of Lift Global and its subsidiary Miriad Ltd. Chair David Richards will oversee operations in the interim. ---------- 450 PLC - London-based acquisition vehicle eyeing content, media and technology sectors - First half pretax loss widens to £336,492 from £314,835 a year ago. Administrative expenses rise to £393,023 from £374,216. In October, 450 signed a non-binding heads of terms for an acquisition of Silvercloud Holdings Ltd, the majority owner of footwear brand Le Chameau Holdings Ltd. 450 remains in discussions with Silvercloud and will update shareholders in due course. Says it will define a dividend policy following a potential acquisition and will start the payments ‘only...when it becomes commercially prudent to do so.’ ---------- Westminster Group PLC - Banbury, Oxfordshire-based security and technology services - Shares remain suspended until the publication of its half-year results to December 31 and its 2025 results to June 30, both expected in May 2026. Expects £8.2 million in revenue for 2025, up around 35% on-year on a like for like basis. An earnings before interest, taxes, depreciation and amortisation loss of £620,000 is forecast, improved from £1.5 million in 2024. Revenue for the half year to December 31 of £7.5 million is expected, double that of last year, with an Ebitda profit of £1.5 million. Notes the half-year results will include some revenue from the Sierra Leone contract and the Gabon contract not yet collected. As a result, Westminster has experienced ‘temporary cash-flow pressures...which are being addressed, both through the use of short-term loans and longer-term investment.’ Reaches agreement with a strategic investor for a potential total investment of $2.5 million, including an initial with $1 million advance payment and a further $1.5 million following approval at an extraordinary general meeting. ---------- Schroder BSC Social Impact Trust PLC - investor aiming to have ‘positive social impact’ - Net asset value falls 101.06 pence at December 31 from 102.94p at June 30. NAV total return per share is 2.0%, up from 0.3% in the six months to December 31, 2024. Notes capital repayments of £3.8 million were returned at NAV, from maturities and scheduled repayments mainly in the Debt & Equity for Social Enterprises asset class, as well as capital repayments from social outcomes contracts as projects matured. Chair Susannah Nicklin says: ‘Over the six months in review the company has delivered a resilient NAV total return alongside significant positive impact for many people across the UK. From more affordable housing to top-quality live-in care, our portfolio of investments continues to deliver essential goods and services for vulnerable and underserved people every day. This period has also seen the board and I, alongside our advisors, continuing to progress our strategic review of options for the Social Impact Trust’s future, following a comprehensive consultation with shareholders. We now intend to include proposals for the future of the company alongside the annual results, to be published in October, and would like to take this opportunity to again thank all our shareholders for their continued engagement.’ ---------- Crystal Amber Fund Ltd - activist fund investing in small and mid-cap UK equities - NAV per share at December 31 declines 0.5% to 177.5 pence from 178.4p in June. This compares to a 4.6% increase in the Deutsche Numis Small Cap Index including AIM over the same period. Despite this, says performance over the long term ‘remains impressive,’ with NAV per share increasing by 68.5% since December 2022, ahead of the benchmark 18.5%. Chair Christopher Waldron says he will not stand for re-election at Crystal Amber’s next AGM. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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